Flat 71 м² in Ras al-Khaimah, UAE (United Arab Emirates)

ID D1192_SOUTHBAY_BAY_RESIDENCES\

South Bay is a new addition to Bay Residences, which is a premium residential project on Hayat Island and is part of the developing community of Mina Al Arab. The new complex includes studios, 1-3 bedroom apartments, and 3-bedroom duplexes. The community will feature various retail shops, restaurants, and entertainment venues that will be accessible to all residents and city visitors. Each residence has a spacious terrace or balcony with views of the surrounding nature and the beautiful beach.

Location Features:

• LOCATED ON HAYAT ISLAND IN THE DEVELOPING AREA OF MINA AL ARAB
• PURPOSE-BUILT ISLAND
• ADJACENT TO MARBELLA VILLAS II
• LOCATED NEXT TO RAHA ISLAND
• INTERCONTINENTAL BRIDGE CONNECTS THE ISLAND TO THE MAINLAND
• SITUATED ON THE SAME ISLAND AS ANANTARA HOTEL AND THE INTERCONTINENTAL HOTEL
• THE NEAREST PUBLIC TRANSPORT STOPS ARE LOCATED IN AJMAN
• 1 MINUTE TO HOTELS ON HAYAT ISLAND
• 20 MINUTES TO RAS AL KHAIMAH INTERNATIONAL AIRPORT
• 25 MINUTES TO RAS AL KHAIMAH
• 1HR 20 MINUTES TO DUBAI

Amenities:

• SWIMMING POOLS
• CHILDREN'S PLAY AREAS
• DIRECT ACCESS TO THE BEACH
• NATURE TRAILS
• WOODEN BOARDWALK
• RESTAURANTS and bed and breakfast cafes
• MANGROVE FORESTS
• GYM
• RUNNING TRACKS

Areas and Prices:

• STUDIO - FROM 34 SQ. M. TO 56 SQ. M. FROM 477,000 AED
• 1 BEDROOM - FROM 71 SQ. M. TO 146 SQ. M. FROM 752,000 AED
• 2 BEDROOM - FROM 109 SQ. M. TO 154 SQ. M. FROM 1,061,000 AED
• 3 BEDROOM - 167 SQ. M. FROM 1,899,000 AED
• 3-BEDROOM DUPLEX - FROM 311 SQ. M. TO 337 SQ. M. FROM 3,992,000 AED

Local Infrastructure:

• SUPERMARKETS: Choithrams Mina Al Arab, Bloom supermarket, Al Mondial grocery store, Alzaabi supermarket
• SCHOOLS/NURSERIES: Puffy Cheeks Nursery RAK, Al Jazeera Al Hamra School, St. Mary's RAK Private High School, Modern Private School RAK
• RETAIL/F&B: The Lagoon, Al Hamra Shopping Center, XIMI VOGUE
• MEDICAL FACILITIES: RAK American Medical Center, Zain Medical Center, Cosmo Health Medical Center, Al Jazeera Medical Clinic
• GAS STATION: ADNOC, ADNOC Service Station
• ATTRACTIONS: Ras Al Khaimah, Ras Al Khaimah International Airport, Marbella Villas, Bay Residences

All apartments in the South Bay complex will feature floor-to-ceiling windows to maximize the stunning beach views. The interiors will be light and airy, with a white and fresh color palette complementing the ocean blue. The finish in all apartments will be modern and practical to help residents lead a carefree life.

Key Features:

• ALL RESIDENCES HAVE A SPACIOUS TERRACE OR BALCONY
• ALL BEDROOMS COME WITH BUILT-IN CLOSETS, EXCEPT FOR MASTER BEDROOMS WHICH HAVE WALK-IN CLOSETS
• 1BR APARTMENTS INCLUDE A LAUNDRY ROOM
• 2BR APARTMENTS HAVE A LAUNDRY ROOM, MAID'S ROOM, AND BATHROOM, ALONG WITH A WALK-IN CLOSET IN THE MASTER BEDROOM
• 3BR APARTMENTS FEATURE A STORAGE ROOM, MAID'S ROOM AND BATHROOM, POWDER ROOM, AND A SHARED BATHROOM WITH 2 BEDROOMS

Buying Advantages:

• PROPERTY OPEN FOR PURCHASE BY CITIZENS OF ALL COUNTRIES
• PART OF THE MAIN MINA AL ARAB PROJECT SPANNING 44 SQ. FT.
• HAYAT ISLAND AREA OF 6 M SQ. FT.
• ISLAND COMPRISES OF HOTELS OFFERING HOTEL SERVICES TO GUESTS AND LOCAL RESIDENTS
• RAK PROPERTIES - HIGHLY RESPECTED LOCAL DEVELOPER
• ATTRACTIVE PRICES
• GOOD RETURN ON INVESTMENT POTENTIAL - AED 1.027-80 thousand per year (4.8%)
• GREAT PAYMENT PLAN OPTIONS FOR ANY BUDGET
• GOOD SIZED CONFIGURATIONS - FROM SMALL AND COMPACT TO SPACIOUS DUPLEXES

Payment Plan: 40/60 upon handover (5% deposit) 0.5% over 20 months and 5% every 6 months X4 40/60 over 5 years (5% deposit) 0.5% over 20 months and 2.5% every 6 months X4 60/40 over 7 years (5% deposit) 1% over 20 months and 5% every 6 months X4 10% upon handover

Return on Investment: 1 bedroom 4.8%

Developer Information:

RAK Properties was established in 2005 and is a manifestation of His Highness Sheikh Saud bin Saqr Al Qasimi's vision, the ruler of Ras Al Khaimah. The company is known for its modern design and proximity to nature. RAK Properties is a reliable partner for foreign investors looking to launch ultra-modern projects, including hotels, resorts, and shopping centers. RAK Properties is also the developer of Julphar Towers and Julphar Residence.

Things to Know:

• SERVICE CHARGE: AED 10 PER SQ. FT
• DEDICATED PARKING: YES
• RESALE POLICY: OUTSIDE PLAN AFTER PAYMENT OF 40%