The Bay Residences is a new development by RAK Properties, located on the prestigious Hayat Island of Mina Al Arab. The project offers a collection of Studio, 1, 2, 3 bedroom, and Duplex Seafront Apartments. The development includes best-in-class amenities, superb beach views, and the breathtaking expanse of the Arabian Gulf.
The architecture of The Bay Residences focuses on luxury and comfort, featuring bespoke bedrooms, nature-inspired materials, smooth surfaces, clear spaces, and open arrangements. The apartments are designed to accommodate all necessities for ultra-comfortable living, further enhanced with stunning views of the ocean and the lagoon.
The Bay Residences are conveniently located close to major landmarks and destinations such as InterContinental Mina Al Arab Resort and Anantara Hotel. The project offers a variety of lifestyle options, including crystal lagoons, beach access, water sports, restaurants, retail spaces, sand beaches, and exclusive dining options.
RAK Properties has launched additional towers at Bay Residences, indicating the growing demand for premium waterfront living options in the region. The second phase of the residences is sold out, and the launch of the fourth tower and Bayviews Residences highlights the increased demand for luxury beachfront homes in Ras Al Khaimah. The project is part of a stunning waterfront neighborhood, offering a world of pleasures and entertainment in the UAE.
RAK Properties has appointed Gulf Asia Contracting Company as the main contractor for the development of the second phase of Bay Residences. The company has also achieved a significant revenue surge in H1 2023, further solidifying their position in the UAE real estate market. The positive investor and end-user demand for Bay Residences has contributed to RAK Properties' revenue increase in Q1 2023. The highly anticipated Nasim Lofts at Bay Residences offer 2 and 3 bedroom lofts, adding to the diverse range of living options on Hayat Island.