Southbay, Bay Residences by RAK Properties

Southbay is a new addition to the Bay Residences residential community by RAK Properties in the Mina Al Arab area, on the artificial island of Hayat Island in Ras Al Khaimah. The announced project will feature studios, 1-3 bedroom apartments, and 3-bedroom duplexes.

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$ 205 000
Starting price
On request
Completion
6 %
Payment Plan
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About the project

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on the coast of man-made Hayat Island

Southbay, Bay Residences

Southbay is a new phase in the Bay Residences project by the developer RAK Properties, one of the most well-known developers in Ras Al Khaimah. Thanks to its advantageous location on the man-made Hayat Island coast in the Mina Al Arab area, future owners of the complex will be able to enjoy luxurious views of the Arabian Gulf.

As part of the new phase of the Bay Residences project, studios, 1-3 bedroom apartments, and 3-bedroom duplexes are available for sale. The living area of the residences varies from 34 sqm to 338 sqm. All units have spacious terraces and thoughtfully designed layouts. The design of the residences will be executed in an elegant combination of traditional and modern styles, with an emphasis on natural materials in the interior finishes.

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Key advantages

Residents of the complex will be offered high-class amenities: beaches, natural lagoons for water sports, a modern gym, an infinity pool for adults, a pool, and a playground for children. Residents can relax on the terrace, open lawn, or in the garden.

  • beaches
  • natural lagoons for water sports
  • modern gym
  • infinity pool for adults
  • pool and playground for children
  • terrace
  • gardens
  • access to restaurants and event venues
  • learn more

The convenient location in the heart of Hayat Island will give residents access to a multitude of restaurants, shops, promenades, entertainment venues, and event spaces. Residents can enjoy natural landscapes of nature trails for hiking, jogging, or cycling.

The starting cost of a one-bedroom apartment in the Southbay, Bay Residences complex will be AED 752,000 (USD 205,000). You can purchase a spacious three-bedroom duplex for a price starting from AED 3.99 million (USD 1.1 million).

Infrastructure

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The prestigious InterContinental Ras Al Khaimah Mina Al Arab Resort & Spa, where guests can visit a health club, spa salon, fitness center, and other amenities, is within walking distance of the complex. The Southbay project, Bay Residences, will be built in the developing area of Mina Al Arab, on the artificial island of Hayat Island. In the immediate vicinity of the residential complex are the luxurious Marbella Villas community, fashionable restaurants, and places for entertainment and relaxation.

The farthest infrastructure objects from Southbay, Bay Residences are located at a half-hour walking distance. The road to the nearest Choithrams store will take about three minutes by car or 15 minutes on foot. Within a 5-10 minute drive from the residential complex are cafes and restaurants such as Hooked Seafood Restaurant, Shrimp Pot Seafood Restaurant RAK, The Muse Cafe.

A 20-minute walk will take you to the nearest Chubby Cheeks Nursery Ras Al Khaimah, and half an hour to Al Jazeera Al Hamra School. Residents of the complex can turn to Al Jazeera Medical Clinic, located five minutes' drive from Southbay, Bay Residences, for medical assistance. The trip to Sheikh Khalifa Specialty Hospital will take about 15 minutes. The popular Al Hamra Mall is also located at the same distance, which is popular among tourists and locals.

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Location

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5-10 minutes

Anantara Mina Al Arab Ras Al Khaimah Resort

15-25 minutes

Ras Al Khaimah International Airport (RKT)

The strategically convenient location of the project near Al Nakheel Boulevard will provide residents with easy access to Sheikh Muhammad Bin Salem Road and allow them to quickly reach the key locations of the emirate. To get to Ras Al Khaimah International Airport (RKT), it will take 25 minutes. A luxurious resort Anantara Mina Al Arab Ras Al Khaimah Resort will be located a five-minute drive from the project, the opening of which is planned for the third quarter of 2023.

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advantages of the project

Economic Attractiveness

Luxurious residences Southbay, Bay Residences on the coast of the Arabian Gulf will become a cozy home for people who prefer a harmonious lifestyle surrounded by premium-class amenities. The complex will be located in the Mina Al Arab area, popular among residents and guests of the emirate.

The acquisition of a residence in Southbay, Bay Residences can also be considered as an excellent investment asset. The ROI indicator in the Mina Al Arab area is at 6% with an average rental cost of one-bedroom apartments at AED 38,000 (USD 10,000) per year.

UAE residency visa

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While the Southbay, Bay Residences project is still under construction, developer RAK Properties offers to purchase luxurious residences in a developing community on the most favorable payment plans in installments for 5 or 7 years. Provided that apartments worth AED 2 million (USD 545,000) are purchased, property owners can obtain a "Golden Visa" for a period of 10 years.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

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36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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