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From AED 680K (USD 185K)
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Ready to move In
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Payment Plan Easy 40/60
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- NorthBay Residences
About NorthBay Residences
Modern community on Hayat Island
NorthBay is a new phase of the Bay Residences community, consisting of two towers. It is located on Hayat Island in Ras Al Khaimah.
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Amenities
The project is made up of studios, 1-3 bedroom apartments, 1-bedroom lofts and 3-bedroom duplexes. Upon completion of construction, various retail stores, F&B establishments, entertainment centres, shops, cafes and restaurants will be available for residents to enjoy at their convenience. There are also spacious balconies and terraces, as well as sandy beaches and parks nearby.
Plenty of space to relax
Mina Al Arab is a prestigious community spanning more than 1.5 sq. mi, offering lush green open spaces, restaurants, retail stores, a variety of leisure options and white sand beaches.
Explore NorthBay Residences Floor Plans
1 Bedroom
Living area:
943,13 sq. ft.
Price:
On request
2 Bedrooms
Living area:
1636,09 sq. ft.
Price:
On request
3 Bedrooms
Living area:
3003 sq. ft.
Price:
On request
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Floor Plans
Why you will love this place
A 70-minute drive to Dubai
Why you will love this place
Beach and sea
Why you will love this place
Green areas
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Economic appealfor investors
Investments
Real estate in NorthBay Residences is especially popular among families with children, due to the prestigious location, the convenient access to beaches and hotel infrastructure, as well as good transport accessibility. Purchasing a home in the NorthBay Residences project will be an excellent option for investment, as it will yield 6% per year and have a starting rental cost of AED 35K (USD 9.5K) for 1-bedroom apartments. After completion, Hayat Island will have excellent infrastructure, including cafes, restaurants and shops.
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Golden visa: 2-10 years
02.
ROI > 6%
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Hayat Island will have excellent infrastructure
Payment plan for 5 years post handover
- 10% On booking
- 5% 3 Months
- 5% 9 Months
- 5% 15 Months
- 5% 21 Months
- 10% Handover Q4 2023
- 5% 6 months
- 5% 12 Months
- 5% 18 Months
- 5% 24 Months
- 10% 30 Months
- 10% 36 Months
- 5% 42 Months
- 5% 48 Months
- 5% 54 months
- 5% 60 months
View photos of NorthBay Residences
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About the developer
RAK Properties is one of the leading developers in Abu Dhabi, as well as in other emirates.
In addition to construction, the company also manages over 2,000 residential and commercial units. The company’s portfolio includes over 30 completed projects and over 50 under construction. RAK focuses on sustainable construction technologies, comfortable infrastructure and landscaping.
Location & Advantages
Mina Al Arab
NorthBay Residences is located on Hayat Island, in the developed area of Mina Al Arab. You can easily reach key areas of the emirate thanks to the close proximity of Sheikh Mohammed Bin Salem Road. A bridge connects the island to the mainland.
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