RAK Properties, the leading real estate developer in Ras Al Khaimah, has launched an additional tower at its exclusive beachfront community, Bay Residences, located on the prestigious Hayat Island.
The opening of the fourth tower comes after the success of sales in the second phase and follows a huge surge in interest for beachfront properties in the region.
The state-of-the-art development is located on the idyllic Hayat Island near the InterContinental Mina Al Arab Resort & Spa and the Anantara Mina Al Arab Resort. Bay Residences comprises 324 beachfront apartments, ranging from studios to three-bedroom units, across four towers.
Mr. Sameh Al Muhtadi CEO RAK Properties
“The launch of our fourth tower is testament to the high level of trust that the public places in RAK Properties and its ability to provide superior living experiences. We are witnessing extremely high levels of demand and are dedicated to delivering the highest-quality communities that address the evolving needs of this rapidly growing market. With piling works well underway, Bay Residences will provide exclusive beachfront living, complete with high-end retail and leisure facilities. We hope to announce more additions to our expanding portfolio very soon.”
Residents will have access to top-class amenities, including swimming pools, playgrounds, retail stores, food and beverage outlets, and gyms, in addition to scenic pedestrian paths, parks, and beautifully landscaped open green spaces. The community is further in proximity to Hayat Island’s waterfront promenade, featuring seafront dining, retail outlets, and cycling paths.
RAK Properties PJSC, established in 2005, is the largest listed property developer in Ras Al Khaimah with more than 3,000 residential units.
