Cape Hayat

About Cape Hayat

Cape Hayat is the biggest residential address in Mina Al Arab and the one that most clearly shows what RAK Properties is good at: a 678-home building on Hayat Island, running from studios and one-bedrooms to two-bedrooms, four-bedroom penthouses and homes of nearly 6,900 sq ft.

It sits in the heart of Hayat Island, the older and more complete of Mina’s two residential islands, between the mangroves, the open sea, the canal and the mountains. The building is designed so that every elevation has a different view, which is a marketing line that happens to be true on an island with four distinct outlooks.

What to weigh. The first consideration is that you are buying a completed or nearly completed building, not a promise. Completion is Q3 2026 and the developer’s own factsheet is dated to that handover, so the practical questions are the ones you ask of any new building: has the title been issued, what did snagging turn up, and what is the service charge for a 678-home community with retail, pools and a gym.

The second is the price ladder. The factsheet quotes a studio of about 475 sq ft at AED 700,000, a one-bedroom of about 1,020 sq ft at AED 1.3 million, a two-bedroom of about 1,580 sq ft at AED 2.5 million and a penthouse of 6,865 sq ft on request. That is AED 1,474 per sq ft at the studio and AED 1,582 at the two-bedroom — a flat rate across the building, which is rare and useful: it means you are paying for space, not for a view premium.

The third is the plan. Cape Hayat publishes two: a cash plan of 40/60 and a 50/50 with post-handover instalments over two or three years, which the developer limits to one and two-bedroom apartments. A post-handover plan on a building that is already handing over is effectively a payment schedule on a completed home — worth having if the terms are as stated, and worth checking against a mortgage.

Fourth, the size of the community. At 678 apartments, Cape Hayat has more residents than some entire developments, and that scale cuts both ways: better facilities per resident and a deeper resale market, but a rental market where your unit competes with dozens of identical ones in the same building. Buy on floor, view and condition rather than on the address.

Compiled November 2026 from RAK Properties’ Cape Hayat project page and factsheet (unit count, sizes, starting prices, payment plans, completion), its portfolio listings and the listing portal’s project record for the portal-listed price and dates.

Homes, sizes and price

The factsheet publishes four types with an average area and a starting price. Unlike most of the portfolio, the price per square foot is consistent across the range, so the entry price buys you a genuinely small home rather than an unusually good deal.

The published overall range is 466 to 6,889 sq ft, which is a fourteen-fold spread — from a compact studio to a penthouse larger than most villas. In a building that size, the two ends do not share a market: the studio competes with every other studio in Mina, and the penthouse competes with villas on Hayat Island.

The one-bedroom at AED 1,275 per sq ft is the most attractive number in the table, and the two-bedroom at AED 1,582 the least. If the sizes are accurate, the one-bedroom is priced below the building average; ask whether that is a floor, a view or simply a launch figure that has not been revised.

The portal agrees with the developer on the AED 700,000 entry, which is rare in this portfolio and suggests the developer is still selling at or near its published price. That is a good sign for price integrity and a warning that there is little discount in the headline; negotiate on floor and view instead.

Price and payment plan

Two structures are published: a cash plan of 40/60 and a 50/50 with post-handover payments over two or three years, which is restricted to one and two-bedroom apartments, with a 10% down payment.

On a building completing in Q3 2026, the post-handover plan is the more interesting of the two: it lets you take the keys with half the price paid and spread the rest. Ask what interest or admin charge applies to the post-handover balance, whether the instalments are monthly, quarterly or annual, and what happens if you resell before the schedule finishes.

If you are buying now, also confirm whether the plan applies to remaining developer stock or only to new reservations, and ask for the service charge in advance of handover — in a 678-unit building with retail, pools and a gym, that number should be known before you sign.

Amenities

Cape Hayat’s amenity programme is the resort package that Hayat Island is known for: shared swimming pools, a gymnasium, landscaped gardens, a children’s play area, restaurants and café, and — the reason many buyers look here — access to the beach and the island’s retail.

It also sits inside a community that supplies most of the amenity itself. Hayat Island has the waterfront promenade, the parks, the beach clubs and the three resort hotels; Cape Hayat’s own facilities are the everyday layer on top of that rather than the whole offer.

Because the building is at handover, ask the question that matters in a completed community: what is actually open? A pool that is commissioned, a gym that is equipped and a retail unit that is let are worth more than a render, and in a brand-new building they can be months apart. Walk the ground floor before you commit.

Where it is

Cape Hayat is in the centre of Hayat Island, the established residential island within Mina Al Arab, surrounded by mangroves, the canal, the open sea and the Hajar mountains. It is the most connected position in the masterplan: the waterfront promenade, the beach clubs and the hotels are within the island rather than a drive away.

The masterplan’s numbers: 3.5 km of coastline, protected coastal wetlands, more than 7,000 trees, three operating resorts and a new downtown strip. RAK Properties puts Ras Al Khaimah International Airport at 15 minutes and central Dubai at 45 by car.

The location question at this point in the cycle is about the neighbourhood rather than the building. Hayat Island is largely built; Raha Island is still filling in. If you want a finished environment, Hayat is the safer choice; if you want the upside of a district being completed around you, that is on the other island.

At a glance

• 678 homes on Hayat Island — the largest residential building in Mina Al Arab.
• Studios 466–475 sq ft from AED 700,000; penthouses to 6,865 sq ft on request.
• Completion Q3 2026: this is a handover purchase, not a launch.
• Cash 40/60, or 50/50 with two to three years post-handover on one and two-bedrooms.
• Price per square foot is broadly flat across types at about AED 1,275–1,582.
• Portal-listed from the same AED 700,000 — unusual agreement with the developer.
• Inside the established island: promenade, beach clubs, three resorts.

What we verify before you reserve

• Whether handover has happened and the title deed issued.
• Snagging record and the defects-liability period.
• The service charge per square foot, itemised, before you sign.
• Which amenities are open and which are still being commissioned.
• Whether your unit is developer stock or resale, and which plan applies.
• The post-handover terms if you take the 50/50 — charges, frequency, early settlement.
• Recent registered transfers and lets in the building, by floor and view.
• Whether short-term letting is permitted in the building.