Cape Hayat

Cape Hayat is a four-building residential development by RAK Properties on Hayat Island within the Mina Al Arab masterplan in Ras Al Khaimah, currently under construction with completion scheduled for May 2026. The project offers a single four-bedroom penthouse configuration at AED 12 million.

# The development's position within Mina Al Arab

Hayat Island sits within Mina Al Arab, RAK Properties' long-running waterfront community on the Ras Al Khaimah coastline. The island itself is flanked by the Arabian Gulf on one side and mangrove channels on the other, a geography that shapes both the architecture and the outlook of every residence within Cape Hayat's four buildings.

At 19.5 per cent complete, the project is early in its construction cycle, which places prospective buyers at a stage where capital appreciation through the build period remains a realistic consideration. The escrow account (0002562403001) is registered with the relevant authorities, as required under UAE off-plan regulations.

The four-building format suggests a low-rise to mid-rise cluster rather than a single tower, consistent with the island's planning character and its emphasis on waterfront access over height.

# Residences: a single penthouse category at considerable scale

The listing currently comprises one available unit: a four-bedroom penthouse spanning 6,735 square feet, priced at AED 12 million. At that size, the residence sits well above typical Dubai penthouse benchmarks and points toward an owner looking for volume and privacy in equal measure.

The kitchen arrives fitted. Everything else, from flooring choices to furniture and soft furnishings, remains the buyer's decision. That approach suits an international buyer importing their own design preferences, or one commissioning an interior architect from scratch.

The service charge is fixed at AED 12 per square foot annually, which amounts to roughly AED 80,820 per year at the stated unit size.

# On-site amenities and the ground-level offer

# What the development provides directly

Cape Hayat's amenity list covers the practical and the recreational without overpromising. A swimming pool, gym, jogging tracks, BBQ areas, and a children's playground form the residential amenity core. Ground-floor retail is built into the plan, providing everyday convenience without requiring a car journey.

These are functional rather than resort-scale facilities, a reasonable calibration for a boutique island development where the surrounding environment carries much of the lifestyle weight.

# Connections to the wider emirate and beyond

Hayat Island Beach sits 0.8 kilometres from the development. The Lagoon, a waterfront leisure destination within Mina Al Arab, is 1.2 kilometres away. Al Jazeerah Al Hamraa, one of the oldest preserved traditional settlements in the UAE, is 2.7 kilometres to the south, a cultural counterpoint to the newness of the island.

Ras Al Khaimah International Airport is 21.8 kilometres from the site. For buyers accustomed to regular international travel, that distance is manageable, though not negligible. Albayt Mutawahid Park lies 11 kilometres out, extending the leisure radius for residents with children.

The wider emirate is served by the E11 coastal highway, connecting Ras Al Khaimah to Dubai in under an hour in normal traffic conditions.

# Who Cape Hayat suits and where it sits in the market

A 6,735-square-foot four-bedroom penthouse at AED 12 million places Cape Hayat in a different register from comparable Dubai Marina or Palm Jumeirah stock, where that budget buys considerably less floor area. For a buyer who prioritises scale, coastal setting, and proximity to nature over urban density, the Mina Al Arab address makes a coherent case.

The profile that fits best is likely a second-home buyer from Europe or the GCC seeking a seasonal base away from central Dubai's pace, or an end-user prepared to take a position early in a development still at the 19.5 per cent construction mark. RAK Properties has a substantial track record on this island, which reduces execution risk compared with newer entrants to the emirate's off-plan market.

Ras Al Khaimah as a destination has gained measurable ground with international buyers since 2022, driven partly by new hotel and resort investment and partly by its relative land availability compared with Dubai. Cape Hayat is positioned to benefit from that trajectory.