Who is the developer of South Bay Residences?

South Bay Residences is being developed by RAK Properties, which is known for Julphar Towers and Julphar Residence.

What is the address of South Bay Residences?

South Bay Residences is located in the developing area of Mina Al Arab on Hayat Island. Travel time to the centre of Ras Al Khaimah as well as to Ras Al Khaimah International Airport will take approximately 30 minutes by car.

What is the completion date of Bay Residences?

If you would like to know the completion date of Bay Residences, please do not hesitate to contact our Metropolitan Premium Properties real estate brokers, who will provide you with the latest information about the project.

What are the Payment Plans for South Bay Residences?

Future owners are offered attractive payment plans including a 40/60 monthly cash payment plan, a 40/60 5-year payment plan and a 60/40 7-year payment plan. The down payment is 5%.

How much does an apartment cost in South Bay Residences?

The starting price of a studio in South Bay Residences is AED 477,000 (USD 130,000), while a 1-bedroom apartment will cost from AED 752,000 (USD 205,000). If you are looking for a more spacious residence, keep an eye on the exclusive 3-bedroom duplexes which are priced from AED 3,992,000 (USD 1,087,000).

Can I obtain residency if I buy property in South Bay Residences?

Yes. Becoming an owner of a residential property in the UAE provides you with an opportunity to apply for a residence visa. The type of visa depends on the price of the purchased property.

What type of visa can I get when I buy a property?

Spending over AED 750,000 (USD 204,000) will provide you and your family with an opportunity to obtain a 2-year investor visa. Becoming an owner of a duplex or any residence with a cost from AED 2,000,000 (USD 545,000) will provide you with a chance to apply for a 10-year Golden Visa, which will also be given to your family members and household staff.

Can a foreigner buy property in South Bay Residences?

Yes, Mina Al Arab is a freehold community, which means that both UAE citizens and foreigners can become an owner of a unit in South Bay Residences.

Is a residential unit in South Bay Residences a good investment?

Becoming an owner of a studio, apartment or duplex in South Bay Residences is an ideal investment. Ras Al Khaimah is a developing emirate which attracts foreigners from all over the world. You will always be able to rent a property out and generate a stable income. The average rental price for a 1-bedroom apartment in Mina Al Arab is AED 38,000 (USD 10,000) per year.

What are the pros and cons of living in Mina Al Arab?

Mina Al Arab is a developing community with an area of 44,000,000 sqft which will become a ‘city within a city’. There will be no time for boredom while living here, as this waterfront community will be located in the amazing natural surroundings of the emirate of Ras Al Khaimah, and offer green lushes, crystal clear waters, as well as endless premium amenities, retail and dining options, and luxury hotels.

South Bay Residences on Hayat Island Apartments for Sale in Ras Al Khaimah by RAK Properties

South Bay is a new addition to Bay Residences is a premium
residential project on Hayat Island, and is a part of the
community of Mina Al Arab. Among the units to choose from
are studios, 1–3 bedroom apartments & 3-bedroom duplexes

Beachfront Residences on Hayat Island

Next to InterContinental Ras Al Khaimah Resort & Spa

AED 480,000

Starting Price

Attractive

Payment Plans

Q4 2023

Handover

Future residents can choose a unit from studios, 1–3 bedroom apartments and 3-bedroom duplexes with living areas ranging from 366 to 3,638 sqft. The spacious terraces that come with every unit, will provide you with breathtaking views of the turquoise waters of the Arabian Gulf, and the endless beaches. Living in Southbay will allow you to experience a healthy lifestyle thanks to its promenades, pedestrian walkways, boardwalks and cycling tracks, as well as luxury amenities to nourish your body and soul.

The total area of Mina Al Arab is 44,000,000 sqft and residents of the community will benefit from lush open spaces, a selection of dining venues, premium retail options, endless leisure facilities, as well as from white sandy beaches and luxury hotels, which include InterContinental Mina Al Arab Resort with 350 guest rooms, a spa, a beach club, a fitness centre, two swimming pools and a selection of gourmet restaurants. There is also Anantara Mina Al Arab Ras Al Khaimah Resort with Maldivian inspired overwater villas where residents of Mina Al Arab will be able to enjoy sports facilities, health amenities, an Anantara Spa, a restaurant offering Thai cuisine, a seafood restaurant and much more.

South Bay is a new building within the complex of Bay Residences, and is located on Hayat Island, in the community of Mina Al Arab in the emirate of Ras Al Khaimah. South Bay is the perfect option for those wishing to experience a convenient lifestyle.

Future residents can choose a unit from studios, 1–3 bedroom apartments and 3-bedroom duplexes with living areas ranging from 366 to 3,638 sqft. The spacious terraces that come with every unit, will provide you with breathtaking views of the turquoise waters of the Arabian Gulf, and the endless beaches.

The total area of Mina Al Arab is 44,000,000 sqft and residents of the community will benefit from lush open spaces, a selection of dining venues, premium retail options, endless leisure facilities, as well as from white sandy beaches and luxury hotels, which include InterContinental Mina Al Arab Resort with 350 guest rooms, a spa, a beach club, a gymnasium, two swimming pools and a selection of gourmet restaurants.

Ras Al Khaimah is the northernmost emirate of the UAE, which is becoming more and more popular among investors and people wishing to move to the country and experience a waterfront lifestyle. This emirate is known for its pristine beaches, mountains and terracotta deserts, and is the right option for those who want to enjoy harmonious living.

In terms of shopping, several well-known shopping centres including RAK Mall and Manar Mall, will be accessible within 20 minutes by car. Among the closest places of interest are Al Jazeera Diving & Swimming and Ghost Village Old Mosque.

A range of educational institutions will be easily reachable from SouthBay including Chubby Cheeks Nursery Ras Al Khaimah, The British School Al Hamra, RAK Modern Private School Al Dhait, St. Mary Private School RAK, Delhi Private School. A number of universities including University of West London RAK Branch Campus, Birmingham City University RAK Campus will also be easily accessible from the development.

Becoming an owner of a residence, will provide you with an opportunity to enjoy excellent waterfront living in one of the most developing emirates in the country. The project has also attracted investors wishing to generate a stable income, as a 1-bedroom luxury residence can be rented out from AED 27,000 – 80,000 annually. The average ROI is currently 4.8%, but this figure is supposed to increase in the near future.

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Price from AED 480,000

South Bay Residences by RAK Properties

Amenities

Residences Located in Ras Al Khaimah

Floor Plans of South Bay Residences by RAK Properties

Studio Units

Handover in Q4 2023

Easy Payment Plans from RAK Properties

40/60 Cash Payment Plan

Frequently Asked Questions & Answers

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