Cape Hayat

TL;DR: Cape Hayat by RAK Properties PJSC is a luxury residential development on Hayat Island within the AED 5 billion Mina Al Arab masterplan in Ras Al Khaimah. Currently at 86.5% construction completion with Q4 2026 handover, it comprises 4 towers (two 20-storey, two 9-storey) housing approximately 678 units — studios to 4-bedroom penthouses with private pools. Studios start from AED 700,000 with flexible 40/60 and 50/50 post-handover payment plans. The development features direct beach access, swimming pools, nature trails through protected mangroves, a flamingo reserve, and panoramic views of the Arabian Gulf, Hajar Mountains, and lagoons.

Overview

Cape Hayat is a spectacularly elegant, highly anticipated luxury residential development masterminded by RAK Properties PJSC — a publicly listed real estate company on the Abu Dhabi Securities Exchange (ADX: RAKPROP) with a market capitalization of approximately AED 4.6 billion. Strategically positioned on the pristine, sun-drenched shores of Hayat Island within the deeply established Mina Al Arab community in Ras Al Khaimah, this striking multi-tower project commenced construction on April 29, 2024, and has reached an impressive 86.5% completion as of December 2025, with a targeted handover in Q4 2026 (December 1, 2026). Designed by SSH International Consultants — the internationally acclaimed multi-disciplinary engineering firm providing full-scope services from concept design through construction supervision — Cape Hayat flawlessly blends sleek architectural innovation with profound natural serenity, creating an eco-conscious island sanctuary perfectly calibrated for modern professionals and discerning international investors. Notably, the first phase of Cape Hayat sold out entirely on its launch day in September 2023, underscoring the extraordinary market demand for this development.

Building Structure

The development comprises four residential towers — two soaring 20-storey high-rises and two intimate 9-storey mid-rises — spanning approximately 100,000 sq. m. of built-up area across a 22,854 sq. m. land parcel. Together, the towers house approximately 678 residential units, offering a diverse range of configurations from compact studios to sprawling 4-bedroom penthouses with private swimming pools. The architectural design blends elegance, innovation, and sustainability, aligning with the RAK Energy Efficiency & Renewable Energy Strategy 2040 and the Barjeel Green Initiatives. The buildings feature white-shade finishing, high panoramic windows maximizing natural light, and a landscaped podium level connecting all four towers with shared amenities, retail outlets, car parks, and tower lobbies oriented toward nature views. The development includes 12 EV charging stations, reflecting a forward-looking commitment to sustainable mobility.

Unit Configurations & Pricing

Cape Hayat offers a comprehensive range of residential configurations designed to serve every lifestyle segment. Studios span approximately 465–466 sq. ft. and are priced from AED 700,000 at launch (with current market values reflecting significant appreciation). One-bedroom apartments range from 964 to 1,175 sq. ft. across 5 distinct layout configurations, with current prices starting from approximately AED 1,270,000 (USD 346,000). Two-bedroom apartments range from 1,447 to 1,715 sq. ft. across 9 different layout variations, starting from approximately AED 2,341,000. The crown jewels of the development are the exclusive 4-bedroom penthouses, spanning a magnificent 6,417 to 6,889 sq. ft. and priced from approximately AED 12 million up to AED 37 million. These penthouse residences feature private swimming pools, 3 bathrooms, 2 powder rooms, a family room, separate living room, dressing area, driver's room, den/theater, home office, storage space, and 3 generous balconies. A limited number of 3-bedroom penthouses (approximately 6,865 sq. ft. with 6 bathrooms) are also available for buyers seeking an ultra-premium island lifestyle.

Payment Plans

RAK Properties offers three flexible payment plan options to accommodate diverse investor profiles. The standard 40/60 plan requires a 10% down payment at booking, 30% during construction (structured as 20 monthly installments at 0.5% each plus 4 semi-annual installments at 5% each), and 60% on handover. The 50/50 post-handover plan (2-year) requires 10% at booking, 20% during construction, 10% at completion, and the remaining 50% payable over 2 years after handover. An extended 50/50 post-handover plan (3-year) offers the same structure with 50% payable over 3 years post-handover, providing maximum flexibility for investors who prefer to align payments with rental income generation. Payment methods include cash, bank transfer, and cheque.

Amenities & Lifestyle

Cape Hayat entirely elevates the island living concept by providing a comprehensive suite of resort-grade amenities seamlessly integrated into the natural landscape. Residents enjoy direct, private access to pristine white-sand beaches, accompanied by swimming pools (shared adult and children's pools), and a dedicated private members' club. Health and fitness are prioritized with a fully equipped panoramic-windowed gymnasium, cycling tracks, running tracks, a tennis court, and a sports field. The lifestyle offering extends to BBQ and social dining areas, beautifully landscaped gardens and parks, children's play areas, co-working spaces for remote professionals, a concierge service, and a multi-purpose community room. Ground-level retail outlets and restaurants ensure essential services and dining options are available within steps of residents' front doors.

What truly distinguishes Cape Hayat from conventional residential developments is its extraordinary natural environment. The development is surrounded by protected mangrove ecosystems and a dedicated flamingo reserve, where residents can explore nature trails that wind through lush coastal wetlands. The island's pristine natural habitat supports diverse marine and bird life, creating a living sanctuary that is profoundly rare in the modern urban landscape. These natural reserves are not merely adjacent to the development — they are woven into its fabric, offering daily encounters with flamingos, migratory birds, and the calming rhythms of the Arabian Gulf.

Views

Cape Hayat offers an exceptional diversity of panoramic vistas that few residential developments anywhere in the UAE can match. Depending on unit orientation and floor level, residents enjoy sweeping views of the Arabian Gulf ocean, the dramatic Hajar Mountains, serene mangrove landscapes, interconnecting canals, tranquil lagoons, and the bay. The RAK Properties description captures this perfectly: residents experience "enchanting views of mangroves, ocean, canals, or mountains" — with higher floors in the 20-storey towers commanding all-encompassing panoramic perspectives across multiple horizons simultaneously.

Location & Connectivity

Cape Hayat is positioned on Hayat Island — a 6-million-square-foot island with 3.5+ kilometers of coastline that forms one of three districts within RAK Properties' newly unveiled Mina masterplan, an AED 5 billion development pipeline spanning 4 million square meters of pristine Ras Al Khaimah coastline. The Mina masterplan encompasses three districts (Raha Island, Hayat Island, and Lagoons) and six sub-communities including two islands, with 137 retail outlets across 23,000 sq. m. of net leasable area, the InterContinental Ras Al Khaimah Mina Resort & Spa, the Anantara Mina Ras Al Khaimah Resort (featuring overwater villas), the Mina Yacht Club and Wharf, Marina Boulevard, and Al Nakheel Boulevard. The Mina masterplan will deliver 12 new residential projects in 2025 alone, including Mirasol (339 units on Raha Island) and SKAI, plus NB Collection ultra-luxury branded apartments.

Cape Hayat is approximately 2 minutes from the InterContinental Mina Resort & Spa, 10 minutes from Al Hamra Golf Club (18-hole championship course), and has direct access to Sheikh Mohammed Bin Salem Road (E11). RAK International Airport is 15–30 minutes away, while Dubai is accessible in 45 minutes to 1 hour by car. Ras Al Khaimah's world-class attractions — including Jebel Jais (UAE's highest peak, home to the Guinness World Record 2,830-meter zipline at 150 km/h), the Al Qurm Nature Reserve (kayaking, paddleboarding, flamingo spotting), and the Anantara Mina RAK Resort — are all within easy reach.

Developer Profile

RAK Properties PJSC was founded on February 16, 2005, under the vision of HH Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, with the support of the RAK Government. Listed on the Abu Dhabi Securities Exchange (ADX: RAKPROP), the company reported AED 1.41 billion in revenue for 2024 (a 39.95% year-over-year increase) and AED 280.92 million in earnings (up 39.19% YoY). CEO Sameh Al Muhtadi, appointed in August 2022, holds an MSc in Engineering & Industrial Management from George Washington University and a BSc in Civil Engineering from Enfield College, London, and brings extensive experience across the UAE, Saudi Arabia, Egypt, Asia, and the US. RAK Properties operates across three business segments — Property Sales, Hotel Operations, and Property Leasing & Others — with a portfolio that includes Mina Al Arab, Julfar Towers, RAK Tower, and Julfar Residence on Al Reem Island in Abu Dhabi. In 2025, the company celebrates its 20th anniversary and is on track to deliver 800+ units across the RAK market.

Investment Potential

Cape Hayat presents a highly compelling investment proposition anchored by RAK Properties' government-backed credibility, the AED 5 billion Mina masterplan, and Ras Al Khaimah's rapidly expanding tourism and hospitality infrastructure. Mina Al Arab delivers average rental yields of approximately 6%, with the broader RAK market achieving 6–9% annually — particularly in premium waterfront locations. The development's freehold status allows 100% foreign ownership, and investments of AED 2 million or more qualify for the UAE's 10-year Golden Visa. The fact that Cape Hayat's first phase sold out on launch day, combined with significant price appreciation from the AED 700,000 launch price to current market values exceeding AED 1.67 million for 1-bedrooms, confirms the project's strong demand fundamentals and capital growth trajectory.