Cape Hayat stands as a prestigious multi-building complex developed by RAK Properties, the foremost publicly listed developer in Ras Al Khaimah. Situated on the coveted Hayat Island in Mina Al Arab, this beachfront project comprises four towers, two soaring to 20 storeys and two standing at 9 storeys.
With a total of 668 residential units featuring diverse sizes and layouts, Cape Hayat offers a range of accommodation options, including studios, one to two-bedroom apartments, and four-bedroom penthouses. The residences span from a cozy 466 square feet to a generous 6,889 square feet, each providing breathtaking panoramic views of the canal, ocean, or mangroves.
Every unit includes one or more balconies, while two-bedroom apartments feature an additional dressing area. Penthouse owners enjoy exclusive amenities such as a private swimming pool, powder rooms, storage space, a driver’s room, den/theatre, and office facilities.
Aligned with the RAK Energy Efficiency and Renewable Energy Strategy 2040, Cape Hayat is committed to the Barjeel Green Initiatives, prioritizing nature integration across communal areas and emphasizing energy and water conservation. Sustainability measures include renewable energy sources, efficient waste management systems, and the promotion of eco-friendly transportation, with 12 EV charging stations available.
Nestled in a serene natural setting, Cape Hayat offers residents a “holiday living” experience within a dynamic community, complete with essential amenities such as beach access, a swimming pool, gym, and ground-floor retail spaces.
Benefitting from its proximity to Sheikh Mohammed Bin Salem Road, residents enjoy seamless access to various destinations in and around the emirate, including Dubai and Ras Al Khaimah International Airport, both within convenient reach.
Surrounded by premier resorts, residents can indulge in unmatched hospitality services, with InterContinental Mina Al Arab Resort and Anantara Mina Al Arab Ras Al Khaimah Resort just moments away.
Convenience is paramount, with essential services, schools, and culinary venues within easy reach, ensuring a hassle-free lifestyle for residents. The development’s first phase sold out within a day of its September 2023 launch, reflecting investor confidence in RAK Properties’ quality offerings and the growing demand for beachfront living.
With an impressive average return on investment of 6% in Mina Al Arab and starting rental prices beginning at AED 29K (USD 8K) per year for one-bedroom apartments as of Q1 2024, Cape Hayat presents a promising opportunity for passive income.
Additionally, property owners with a minimum valuation of AED 2M (USD 545K) are eligible for a 10-year Golden Visa, extending residency benefits to themselves, their family, and domestic staff.
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