RAK Properties launches residential development on Ras Al Khaimah’s Hayat Island

RAK Properties has announced the launch of Cape Hayat on Hayat Island in Mina Al Arab, Ras Al Khaimah.

The 668-unit residential development offering is spread across a 22,854sqm area.

Cape Hayat will comprise of four elegantly designed residential towers. Two 20 stories high towers and two will be nine stories.

RAK Properties announces Cape Hayat

The development offers a range of studios, one and two-bedroom apartments, and luxury penthouses with panoramic views of the coastline.

A selection of apartments will be available for purchase to buyers of all nationalities, with public sales commencing on September 22 at Four Seasons Resort Dubai at Jumeirah Beach.

Cape Hayat will host luxury amenities on the podium level such as swimming pools, a gym, landscape leisure deck area, a multi-purpose room, and a kids’ area, while the ground level will house a number of retail and F&B outlets facing the scenic seaside.

Additionally, Cape Hayat residents will have direct access to the Hayat Island beach.

Sameh Muhtadi, CEO, RAK Properties, said: “We are launching Cape Hayat to cater to the significant demand for quality homes in prime destinations in Ras Al Khaimah.

“We have witnessed increased investor sentiment for premium homes that embody the epitome of luxury and elegance, underscoring the untapped potential and allure of this segment.

“We hope this positive sentiment continues as market fundamentals and economy are strong and we’ll continue to tap into demand.”

Aligned with the RAK Energy Efficiency and Renewable Energy Strategy 2040, RAK Properties’ Cape Hayat will be built in accordance with the Barjeel Green Initiatives.

The development will focus on integrating nature into the communal areas, responsibly using scarce water resources, and saving energy across the four towers.

Hayat Island offers residents and visitors a unique “holiday living” experience within a vibrant community while providing the conveniences of every day.

Read more: https://www.arabianbusiness.com/