Off-PlanUnder Construction
Nasim Lofts
Mina Al Arab · Ras Al Khaimah
Starting from
AED 5,500,000
2 & 3 BedroomsFrom 2,303 sq.ftApartments
About this project
Presenting The Bay Residences, RAK Properties' newest venture on Hayat Island, where luxury living harmonises with unparalleled natural beauty. This exclusive development offers limited two and three-bedroon lofts with direct beach access. Located on the prestigious Hayat Island within Mina Al Arab, it boasts top-notch amenities, stunning beach views, and expansive vistas of the Arabian Gulf. Experience the epitome of seaside living with The Bay Residences, where every detail is crafted to elevate your lifestyle amidst the serene surroundings of Hayat Island.
Features
- Gym or Health Club
- Swimming Pool
Run the numbers
Estimated monthly payment
AED 20,857
On a AED 3,850,000 loan over 25 years
Cash required upfront
Down payment30%AED 1,650,000
DLD transfer fee4% + AED 520AED 220,520
Agency fee2% + VATAED 115,500
Trustee office feeAED 4,200
Mortgage registration0.25% + AED 290AED 9,915
Total upfrontAED 2,000,135
Indicative figures for guidance only, based on published DLD rates. They are not a mortgage offer, valuation, or financial advice. Speak to our team for a personalised breakdown.
Off-plan is one part of what we do.
Off-plan advisory
Get expert off-plan advice
Our consultants place off-plan across every developer on this list rather than for any one of them, so the recommendation is not decided before you ask. Send us anything on this page, or a project you have been shown elsewhere.
What you get back
- The full cost
- The 4% Land Department transfer fee, the service charge from handover, and the developer's own handover charges. Not the headline price.
- The developer's record
- What they have delivered before, whether it landed on time, and what the finished specification actually committed to.
- The competition
- What else completes in the same community in the same year, because that is what you will be selling or renting against.
- A straight no
- When the numbers do not work, we say so. We would rather place you in something completed than sell you a wait.
Working across Emaar, DAMAC, Nakheel, Sobha, Ellington, Arada and Modon