Staff Report
Dubai, UAE
RAK Properties, Ras Al Khaimah’s leading property developer, has unveiled Cape Hayat, 668 residential developments offering, on Hayat Island in Mina Al Arab, Ras Al Khaimah.
Spread across a 22,854 square meters area, Cape Hayat will comprise of four residential towers – two 20 stories high towers and two 9 stories. 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 22nd and 23rd September 2023 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, whilst 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 economies are strong and we’ll continue to tap into demand.”
Aligned with the RAK Energy Efficiency and Renewable Energy Strategy 2040, 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.
Set within an idyllic natural environment, Hayat Island offers residents and visitors a unique “holiday living” experience within a vibrant community while providing the conveniences of every day.
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