RAK Properties Launches Cape Hayat In Mina Al Arab, Ras Al Khaimah

19 Sep, 2023: RAK Properties, the prominent property developer in Ras Al Khaimah, has announced the launch of Cape Hayat, a residential development comprising 668 units, situated on Hayat Island within Mina Al Arab, Ras Al Khaimah.

Spanning a vast expanse of 22,854 square metres, Cape Hayat will consist of four well crafted residential towers. These will include two towers soaring to 20 stories in height and another pair rising to a height of 9 stories. Within this development, a diverse selection of living spaces will be available, encompassing studios, one-bedroom, and two-bedroom apartments, along with luxury penthouses offering panoramic views of the coastal line.

Cape Hayat is set to offer an array of upscale facilities on its podium level, including features like swimming pools, a fitness centre, a landscaped leisure deck, a versatile multipurpose room, and a dedicated children's area. Meanwhile, the ground level will accommodate various retail and dining establishments with picturesque seaside views. Furthermore, residents of Cape Hayat will enjoy direct access to the beautiful Hayat Island beach.

Commenting on the launch, Sameh Muhtadi, CEO, RAK Properties, said in the company’s press release, "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 economy are strong and we'll continue to tap into demand"

In line with the RAK Energy Efficiency and Renewable Energy Strategy 2040, Cape Hayat will be constructed following the principles of the Barjeel Green Initiatives, laid down by Ras Al Khaimah Municipality. The project's main emphasis will be on incorporating natural elements into shared spaces, utilising limited water resources prudently, and implementing energy-saving measures throughout its four towers.

In launching this project, RAK Properties has not only unveiled an exciting new residential development but has also demonstrated its unwavering commitment to sustainable and eco-conscious living. Aligning seamlessly with the RAK Energy Efficiency and Renewable Energy Strategy 2040, Cape Hayat stands as a testament to the company's vision for a more eco-friendly future.