Cape Hayat's first phase sells out on Hayat Island
The beachfront release is part of RAK Properties' AED 5 billion, 4 million sqm Mina Al Arab masterplan, joining Raha Island, EDGE and Nura as active residential launches.
- Volume / scale: 4m
What happened
RAK Properties has sold out the first phase of Cape Hayat, a beachfront apartment development on Hayat Island offering views across the Gulf on one side and the Hajar Mountains on the other. The release is part of the wider Mina Al Arab masterplan, a 4 million sqm mixed-use waterfront district carrying an AED 5.0bn development pipeline.
Why it matters
Cape Hayat joins Raha Island, EDGE and Nura as active residential releases inside Mina Al Arab, with InterContinental and Anantara anchoring the hospitality side of the district. Full listings and unit-level detail for every active RAK Properties release are tracked on our Properties page.
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Frequently asked
What is the main update in Cape Hayat's first phase sells out on Hayat Island?
RAK Properties has sold out the first phase of Cape Hayat, a beachfront apartment development on Hayat Island offering….
Why does this matter for Ras Al Khaimah?
It signals continued confidence in the RAK property market and creates opportunities for investors and developers.
What are the key numbers behind this story?
The standout figure is 4m (Volume / scale). This scale underpins the strategic importance of the development for the emirate.
InsideRAK is an independent publisher and is not affiliated with any Ras Al Khaimah government body. This report was compiled from the sources above and verified against published records. Spot an error? corrections@insiderak.com