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RAK Properties’ Cape Hayat phase one sold out in record time

Cape Hayat in Ras Al Khaimah offers a collection of luxurious residential apartments, with direct beach access and panoramic views of the Arabian Gulf and Hajar Mountains

RAK Properties PJSC, listed on the Abu Dhabi Securities Exchange (ADX) under the symbol RAKPROP, has reported a new achievement in the property market.

On the very first day of its launch, phase one of Cape Hayat, an upscale residential development situated on Hayat Island, Mina Al Arab, sold out.

Explore Cape Hayat’s coastal luxury
Cape Hayat offers a collection of luxurious residential apartments, with direct beach access and panoramic views of the Arabian Gulf and Hajar Mountains.

The development also provides access to renowned five-star hospitality brands, including the InterContinental Mina Al Arab Resort, Anantara Mina Al Arab Ras Al Khaimah Resort, and the newly announced Nikki Beach Resort & Spa.

“We are delighted with the demand we are seeing for Cape Hayat from buyers from all over the world. We believe that the Mina Al Arab destination offers a unique opportunity to live in an authentic waterfront location with wonderful views and a host of five-star amenities. We will continue to bring products to the market that leverage the unrivalled location of Mina Al Arab and enhance the overall experience for residents and visitors alike,” James Marsh, Chief Development Officer of RAK Properties said.

Cape Hayat spans 22,854 square meters and comprises four residential towers, two of which rise to 20 stories, and two that stand at 9 stories.

Each unit has been meticulously designed to provide spacious living and breathtaking coastal vistas.

For those interested in purchasing units in Mina Al Arab, RAK Properties has made it convenient to inquire through their website or contact the sales centre via a toll-free number or email.

Founded in 2005 under the visionary leadership of Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is a prominent real estate developer dedicated to creating exceptional and sustainable communities.

Their commitment aligns with RAK Vision 2030, aiming to contribute economic, social, and environmental value while enhancing lives and the narrative of Ras Al Khaimah.

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

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