Nasim Lofts at Bay Residence

Nasim Lofts at Bay Residence is a ten-unit residential building by RAK Properties, positioned on Hayat Island within the Mina Al Arab waterfront district of Ras Al Khaimah, with a scheduled completion of December 2024.

# A Small Building in a Large Coastal Scheme

Mina Al Arab extends across approximately 2.7 million square metres of coastline along the Arabian Gulf, developed entirely by RAK Properties over the past decade. Within that broader community, Nasim Lofts occupies a specific position on Hayat Island, the newer residential parcel that sits roughly 200 metres from the beach.

Ten residences in a single building. That scale is deliberate. Where most developers on Hayat Island have favoured mid-rise blocks with triple-digit unit counts, Nasim Lofts reads more like a boutique address than a residential tower, and the project's service charge of 6 AED per square foot reflects a building where shared costs are distributed across a genuinely limited pool of owners.

The architecture is organised around double-height volumes that pull daylight deep into the floor plates and orientate principal rooms toward beach and waterfront views.

# Residences, Layouts and Specification

Two and three-bedroom configurations are available, running from 2,335 square feet at the lower end to 4,262 square feet for the largest three-bedroom unit. These are generous figures by any market standard. The two-bedroom range sits between 2,335 and 2,830 square feet; three-bedroom homes span 2,647 to 4,262 square feet.

Every bedroom is en-suite. The loft format, with its double-height ceilings, means the volumes feel considerably larger than the square footage alone suggests, a point worth carrying into any comparison with conventional apartment formats of similar size in Dubai or Abu Dhabi. Kitchens are equipped. Units are sold unfurnished.

# Pricing

Two-bedroom residences are priced from AED 5,342,000 to AED 6,580,000. Three-bedroom homes range from AED 6,123,000 to AED 9,984,000. The escrow account registered with the relevant authority carries the number 0002562403001.

The development is listed as out of stock, which prospective buyers should confirm directly with JRE before proceeding on the assumption of availability.

# Amenities on Site

The building's shared facilities include an infinity pool alongside a shaded children's pool, a sunbathing deck, running tracks, an aromatic garden and a gym. The amenity list is focused rather than exhaustive, consistent with a ten-unit building where over-programming communal space would simply inflate service charges without adding meaningful value.

# Hayat Island and Its Surroundings

Hayat Island Beach sits 0.2 kilometres from the building, making it the dominant geographic fact of daily life here. The Lagoon, another Mina Al Arab amenity node, is 1.7 kilometres away. Al Jazeerah Al Hamra School is 5.5 kilometres out, a practical consideration for buyers with school-age children, and Jazerat Al Za'ab lies 6.9 kilometres from the address.

Ras Al Khaimah International Airport connects the emirate to a growing roster of European routes, and the drive south to Dubai typically takes around an hour depending on traffic on Sheikh Mohammed bin Zayed Road.

# Who This Building is Actually For

Nasim Lofts sits at an interesting intersection. The floor areas and loft format appeal to buyers who want the spatial experience of a villa without the land title, maintenance obligations or price point that villa ownership in Ras Al Khaimah or Dubai currently commands. For a buyer relocating from London, Amsterdam or Singapore, 2,800 square feet on a beach at under AED 7 million represents a different calculation than anything available at comparable quality in Dubai Marina or Palm Jumeirah at this moment.

The ten-unit scale also limits resale competition within the building itself, a structural advantage that larger schemes cannot offer. For the buyer treating this as a second residence or a long-hold asset in a low-tax, beach-adjacent environment, the combination of location, size and building rarity is a coherent argument on its own terms.