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Northbay Residences

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Developer
RAK Properties
Address
Ras Al Khaimah, Mina Al Arab, Northbay Residences
Price Range
AED 667,000 - AED 667,000
Completion
1 December 2023
Payment Plan
5% / 35% / 60%
Property Types
Apartment, Duplex
Completion

Expected Completion Date

1 December 2023

Expected Completion

Price Range

Starting From

AED 667,000

Up To

AED 667,000

Payment Plan
5%Down payment
35%During construction
60%Post handover

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Developer

RAK Properties

Phases
10/11/2022
Construction Started
01/12/2023
Expected Completion
Amenities
GymnasiumCafe and RestaurantsHealth ClubBeach AccessInfinity PoolLandscaped GardensLandscaped ParksCCTV SecuritySecurityShared Pool
Property Types
ApartmentDuplex

Northbay Residences - Apartments and Duplexes in Mina Al Arab, Ras Al Khaimah

Northbay Residences by RAK Properties offers a unique off-plan living experience in Mina Al Arab, Ras Al Khaimah. This exclusive off-plan development features spacious apartments and duplexes with off-plan properties priced at AED 667,000 in Mina Al Arab. As a UAE waterfront off-plan project, Northbay Residences Ras Al Khaimah combines luxury living with family-friendly design and freehold ownership. Residents will enjoy top amenities including a fully equipped gymnasium and an infinity pool overlooking the Arabian Gulf. The 5% down payment plan and flexible schedule make it easy for investors to buy or invest in Mina Al Arab real estate. Northbay Residences stands out among affordable apartments in Ras Al Khaimah for its prime location, developer reputation, and strong ROI potential.

Prime Location in Mina Al Arab

Located on the scenic shores of the Arabian Gulf, Mina Al Arab offers a tranquil coastal lifestyle amid mangroves and sandy beaches. These surroundings make Northbay Residences one of the top investment properties near Mina Al Arab Ras Al Khaimah, appealing to both families and investors. The community blends traditional Emirati charm with contemporary design, showcasing waterfront promenades and landscaped parks. It effortlessly connects residents to the yacht marina, heritage village, and modern retail centers within minutes. Major highways link to Dubai and Abu Dhabi in under 90 minutes, making off-plan living here ideal for commuters who value accessibility and serenity. With several new retail, hospitality, and leisure projects underway, this prime location cements its status among the best off-plan apartments and duplexes in Mina Al Arab Ras Al Khaimah, promising long-term value.

Developed by RAK Properties

RAK Properties is a leading developer in Ras Al Khaimah and the wider UAE real estate market. As a RAK Properties new project Ras Al Khaimah, Northbay Residences benefits from their focus on innovative residential and mixed-use communities that blend sustainable design with modern amenities. With a track record of delivering high-quality developments on schedule, RAK Properties ensures strong capital appreciation and rental yield for investors. Their commitment to craftsmanship and community planning shines through at this exclusive off-plan project. Investors trust the developer’s expertise when choosing off-plan apartments and duplexes in Ras Al Khaimah.

Amenities and Lifestyle

Residents can start each day at the fully equipped gymnasium, followed by a rejuvenating session at the state-of-the-art health club offering personalized training classes. Options include 1, 2, and 3 bedroom apartments and duplexes, making a 2 bedroom apartment with infinity pool in Mina Al Arab ideal for small families seeking comfort and style. The iconic infinity pool overlooks the Arabian Gulf, creating a serene backdrop for both relaxation and social gatherings. Beach enthusiasts relish private beach access, enjoying watersports or a sunset stroll along the shoreline in their exclusive beachfront enclave. A vibrant cafe and restaurants complex along the waterfront promenade presents diverse dining options, from casual coffee meetups to gourmet meals for family celebrations. Scenic landscaped gardens and parks provide serene spaces for morning jogs, yoga classes, and play areas for children. Advanced CCTV security systems and 24/7 manned security ensure peace of mind for residents, highlighting the benefits of freehold ownership. Together, these amenities create a luxury living destination that promises strong rental yield, capital appreciation, and a vibrant community atmosphere for families and investors.

Investment Opportunity in Ras Al Khaimah

With estimated completion in December 2023, Northbay Residences stands out as a timely off-plan opportunity for investors targeting ready 2023 apartments and duplexes in Ras Al Khaimah. The 5% down payment plan eases upfront costs, complemented by a 35% payment during construction and 60% post-handover structure that suits diverse financial strategies. Ras Al Khaimah’s competitive pricing and expanding tourism sector create strong rental yield and capital appreciation prospects against the backdrop of a robust UAE real estate market. Freehold property ownership in this waterfront enclave ensures clear title rights and long-term value within a stable regulatory framework. For those looking to buy or invest in Mina Al Arab real estate, a duplex for sale with the 5% payment plan Ras Al Khaimah delivers unmatched affordability and luxury living compared to Dubai.

Discover Northbay Residences in Mina Al Arab, Ras Al Khaimah—an exclusive off-plan project by RAK Properties offering beachfront apartments and duplexes from AED 667,000 with a 5% down payment plan. Completed by December 2023, this UAE freehold development promises luxury living, strong rental yield, and capital appreciation. Act now to secure your unit in one of Ras Al Khaimah’s most sought-after communities. Contact our sales team today to learn how to invest in Mina Al Arab real estate.

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Location

Ras Al Khaimah, Mina Al Arab, Northbay Residences

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Questions & Answers

What is the starting price for properties in Northbay Residences?

The starting price for properties in Northbay Residences is AED 667,000. This competitive pricing is aimed at providing value in the Ras Al Khaimah real estate market. With premium amenities and a family-friendly environment, it's an attractive investment opportunity.

What types of properties and prices are available at Northbay Residences?

Northbay Residences offers apartments and duplex units priced at AED 667,000. This unique project by RAK Properties provides a great entry point into the Ras Al Khaimah off-plan property market, ideal for first-time buyers and investors alike.

What is the payment plan for Northbay Residences?

The payment plan for Northbay Residences involves a 5% down payment, followed by 35% during construction and 60% post-handover. This flexible structure makes investing in Ras Al Khaimah real estate easier for buyers, accommodating various financial plans.

When will Northbay Residences be ready for occupancy?

Northbay Residences is expected to be completed by December 2023. With construction already underway since November 2022, this timeline is attractive for investors looking to occupy premium properties soon in Ras Al Khaimah.

Where is Northbay Residences located?

Northbay Residences is located in Mina Al Arab, Ras Al Khaimah. This prime location offers easy access to beautiful beaches and essential services, enhancing the appeal for families and investors seeking a vibrant community.

Who is developing Northbay Residences?

Northbay Residences is developed by RAK Properties, a well-regarded name in the UAE real estate market. Their commitment to quality and design assures buyers of an excellent investment opportunity in Ras Al Khaimah.

What amenities are available at Northbay Residences?

Northbay Residences offers a range of top-notch amenities including a gymnasium, beach access, an infinity pool, and landscaped gardens. These features contribute to a luxury lifestyle, making it an appealing option for all residents.

What types of properties are available at Northbay Residences?

At Northbay Residences, buyers can choose from various options including apartments and duplex units. This diversity caters to different lifestyle needs, making it an attractive development for families and investors in Ras Al Khaimah.

Is Northbay Residences a good investment opportunity?

Yes, investing in Northbay Residences offers great potential due to promising ROI and capital appreciation in Ras Al Khaimah's growing real estate market. With an appealing location and competitive pricing, it's an excellent choice for real estate investors.

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