Cape Hayat by RAK Properties

Cape Hayat is a premium multi-building complex by RAK Properties, which is Ras Al Khaimah’s leading publicly listed developer. The beachfront project is located on the coveted Hayat Island, Mina Al Arab. It comprises 4 towers — 2 of which are 20 storeys tall and 2 are 9 storeys.

In total, there are 668 residential units of various sizes and layouts in Cape Hayat. These are made up of studios, 1-2 bedroom apartments and 4-bedroom penthouses. The property sizes range from a compact 466 sq. ft to a spacious 6,889 sq. ft. The residences provide stunning panoramic views of the canal, the ocean or the mangroves.

Each unit comes with 1 or more balconies, whilst the 2-bedroom apartments are additionally complemented with a dressing area. Penthouse owners can take advantage of their private swimming pool, powder rooms, storage room, driver’s room, den/theatre and office.

Following the RAK Energy Efficiency and Renewable Energy Strategy 2040, Cape Hayat will be constructed in line with the Barjeel Green Initiatives. The complex will focus on integrating nature throughout its communal areas, with a special emphasis on conserving energy and water. Significant attention will also be paid to sustainability, with the implementation of renewable energy sources, efficient waste management systems and the promotion of eco-friendly transportation options, including 12 EV charging stations.

Set within an idyllic natural environment, Cape Hayat offers residents a unique “holiday living” experience within a vibrant community while providing the necessary conveniences of everyday life. As a resident here, you are sure to enjoy the beach access, swimming pool, gym and retail area on the ground floor.

Cape Hayat boasts close proximity to Sheikh Mohammed Bin Salem Road, which ensures hassle-free access to various destinations in and around the emirate. Whether you want to explore the vibrant city of Dubai or travel to Ras Al Khaimah International Airport, you can do so with ease. The airport is conveniently located approximately 30 minutes away, while Dubai can be reached in just over an hour.

Another perk of living in the complex is that it is surrounded by the emirate’s finest resorts, allowing you to enjoy unmatched hospitality services at your doorstep. You can easily visit InterContinental Mina Al Arab Resort and Anantara Mina Al Arab Ras Al Khaimah Resort, among other hotels.

Whether you need to grab some groceries, drop off your kids at school or access essential services, everything is just a short distance away from Cape Hayat. It will take just 10 minutes by car to reach Al Jazeera Al Hamra School C1, Vets24 Veterinary Clinic, Zain Medical Center, Choithrams Mina Al Arab and Bloom Supermarket. There is also a selection of fancy culinary venues nearby - Hooked Seafood Restaurant, Shrimp Pot Seafood Restaurant RAK, Burgery and Barista Vibes.

According to Arabian Business, the first phase of the development fully sold out on the very first day it was launched in September 2023. This tremendous response showcases investors’ confidence in the high quality of RAK Properties’s real estate and the rising demand for beachfront units.

The average return on investment (ROI) in Mina Al Arab is a strong 6%, which is quite impressive. Moreover, the starting rental price for a 1-bedroom apartment in this area is currently AED 29K (USD 8K) per year, as of Q1 2024. Such strong indicators make Cape Hayat a potentially reliable source of passive income.

There is an exciting opportunity for those who own a property valued at a minimum of AED 2M (USD 545K) – they become eligible to get a 10-year Golden Visa. This residency not only applies to the owner, but also to the owner’s children, spouse and any domestic staff they may have.