Price (AED)
Bedrooms
2, 3
Handover
Dec 2024
Size (sqft)
0
Inventory
10 units · 1 building
Construction
under construction
Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Introducing Nasim Lofts at Bay Residence, the project by RAK Properties situated on the prestigious Hayat Island in Mina Al Arab. This exquisite development brings together the splendor of natural beauty and the epitome of luxury living. Nasim Lofts offers a limited collection of two and three-bedroom residences, carefully designed to provide an unparalleled living experience. With direct beach access, residents can indulge in the soothing embrace of the Arabian Gulf and revel in the beauty of pristine sandy shores just steps away from their homes.
Step into these thoughtfully crafted lofts and be greeted by a sense of grandeur with double-height ceilings that create a spacious and airy atmosphere. The architectural design not only maximizes natural light but also provides residents with stunning views of the surrounding beachscape. Each bedroom within Nasim Lofts is en-suite, ensuring privacy and convenience for residents. Impeccably designed, the interiors boast luxurious finishes and meticulous attention to detail, exemplifying the highest standards of craftsmanship.
At Bay Residence, residents will have access to the best-in-class amenities that the region has to offer. Whether it's taking a dip in the shimmering swimming pools, staying active in the state-of-the-art fitness facilities, or strolling through beautifully landscaped gardens, there is something to cater to every lifestyle need.
Finishing and materials
Luxurious finishes
Kitchen and appliances
Equipped kitchen
Location description and benefits
Mina Al Arab is a waterfront development located in Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE). It is a luxurious residential and tourism project situated along the coast of the Arabian Gulf, offering stunning views and a resort-like ambiance.
Developed by RAK Properties, Mina Al Arab spans over an area of approximately 2.7 million square meters. The development was meticulously designed to create a harmonious blend of natural beauty and modern living. It incorporates lush landscapes, pristine beaches, and a range of world-class amenities.
The community of Mina Al Arab also offers a range of facilities and amenities to cater to the needs of its residents. These include swimming pools, gyms, parks, children's play areas, retail outlets, cafes, and restaurants. The development aims to provide a holistic lifestyle experience, where residents can relax, socialize, and engage in various recreational activities.
Furthermore, Mina Al Arab features a promenade that stretches along the waterfront, offering a vibrant atmosphere for residents and visitors. The promenade is lined with shops, eateries, and entertainment venues, creating a lively and engaging environment.
The development's location in Ras Al Khaimah provides easy access to other parts of the emirate, as well as neighboring emirates such as Dubai and Sharjah. This allows residents to enjoy a tranquil coastal lifestyle while still being in proximity to urban centers and major amenities.
Available unit types
2 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.
Layout not published
2 bedrooms
2336 – 2831 sqft
Layout not published
3 bedrooms
2648 – 4263 sqft
Retail units
Layouts and pricing released on request.
Talk to a broker
Payment plan 50/50 Post Handover (Dec 2024)Interest-free incl. post-handover
- 1.10%
On booking
- 2.40%
During construction
- 3.50%
3 years post-handover (Dec 2024)
Payment plan 40/60Interest-free during construction
- 1.10%
On booking
- 2.30%
During construction
- 3.60%
Upon Handover (Dec 2024)
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 | 10% | 534,200 | 145,463 | 145,463 |
| 2 | Between booking and Dec 2024 | During construction | 40% | 2,136,800 | 581,851 | 727,313 |
| 3 | After Dec 2024 | 3 years post-handover (Dec 2024) | 50% | 2,671,000 | 727,313 | 1,454,627 |
| Total | 100% | AED 5,342,000 | USD 1,454,627 | |||
Cash-flow shape: 50% during the construction period (10% upon booking, 40% across milestones), 50% spread across the post-handover instalments.
0% interest — through construction AND post-handover — every instalment is at face value, no APR, no compounding.
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Amenities
5 features
Location
25.72469, 55.84402
Nearby
- The Lagoon1.7 km
- School al jazeerah alhamra5.5 km
- Jazerat AlZa'ab6.9 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
Multiple buildings expected(per-building details pending)
Nasim Lofts are places into Ground & 1st floors in Northbay Residences and Central II Residences
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 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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