Price (AED)
Bedrooms
—
Handover
Mar 2025
Size (sqft)
0
Inventory
0 units · 1 building
Construction
under construction
About
Project general facts
The Bay Residences is on the prestigious Hayat Island of the Mina Al Arab, with the best-in-class amenities the region has to offer, superb beach views, and the breathtaking expanse of the Arabian Gulf. The highlight of the Bay Residences, its position on Hayat Island and the Arabian Gulf, are the terraces, which provide the possibility to fully take in the stunning beauty of the ocean, the beaches and to enjoy a life where contemplating the vast and immense horizon is an amazing daily experience.
As all development on Hayat Island, the Bay Residences is both ultra- modern and in sync with its natural surroundings. Its organic design exemplifies both the latest architectural trends and the island’s form, expressing the fluidity of the ocean, the sway of the winds, mimicking the color of Ras Al Khaimah’s pearly beaches.
Finishing and materials
The Bay Residence apartments have been created to accommodate all the necessities needed for ultra-comfortable and plush living, and to render them truly exceptional, through nature-inspired materials, smooth surfaces, clear spaces, open arrangements, details inspired by culture and tradition, all further enhanced with stunning views of the ocean and the lagoon.
Kitchen and appliances
Equipped kitchen
Location description and benefits
Hayat island features exciting water aspects, a fantastic waterfront promenade, seafront dining and retail, scenic cycle and pedestrian paths, all revolving around a prime position and spectacular vistas that surrounds it. The Bay Residences is conveniently close to Hayat Island’s fascinating public areas and amenities, which include the wide array of dining, retail and entertainment possibilities, promenades, walkways, boardwalks, parks, playgrounds and events spaces. It is adjacent to the prestigious InterContinental Mina Al Arab resort, a center for all that is happening.
Floor plans
40/60 cash planPaying upfront? Ask about cash discounts →
- 1.5%
On booking
- 2.35%
During construction
- 3.60%
Upon Handover (Mar 2025)
3 years Post Handover (Mar 2025)Interest-free incl. post-handover
- 1.5%
On booking
- 2.25%
During construction
- 3.10%
Upon Handover (Mar 2025)
- 4.60%
Post Handover (Mar 2025)
5 years Post Handover (Mar 2025)Interest-free incl. post-handover
- 1.5%
On booking
- 2.45%
During construction
- 3.10%
Upon Handover (Mar 2025)
- 4.40%
Post Handover (Mar 2025)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 5% | 50,000 | 13,615 | 13,615 |
| 2 | Between booking and Mar 2025 | During construction | 35% | 350,000 | 95,305 | 108,920 |
| 3 | Mar 2025 | Upon Handover (Mar 2025) | 60% | 600,000 | 163,380 | 272,300 |
| Total | 100% | AED 1,000,000 | USD 272,300 | |||
Cash-flow shape: 40% during the construction period (5% upon booking, 35% across milestones), 60% at handover (Mar 2025).
Considering paying upfront?
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Amenities
5 features
Location
25.72445, 55.84404
Nearby
- School al jazeerah alhamra5.5 km
- Jazerat AlZa'ab6.9 km
- The Lagoon1.7 km
- Hayat Island Beach0.2 km
About Mina Al Arab
Mina Al Arab is one of Dubai's recognized investment communities, with 16 projects in our catalogue. Detailed area profile in development.
Explore Mina Al ArabAbout RAK Properties
Established in 2005 under the visionary leadership of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is a testament to the future, with every detail meticulously crafted. Successfully launched flagship destinations including Mina Al Arab and Julphar Towers, garnering a solid reputation among shareholders. The company has undergone a transformation aligned with Ras Al Khaimah's robust Vision 2030. Their hallmark is creating communities that resonate with excellence, contemporary design, and nature's embrace, sculpting lifestyles for tomorrow's visionaries.
Building details
Studio, 1, 2 & 3 Bedrooms
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
Price on request
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