Global Listings
RAK Properties

Hayat Island, Mina, Ras Al Khaimah, UAE

Cape Hayat Penthouses

RAK Properties
Gross yield6.5%
Exp. 5-yr capital growth20%
CompletionQ2 2026
Payment terms20/80

About the property

Completed penthouses above the ocean and protected mangroves, with beach access at ground level

This penthouse collection crowns an established coastal enclave on one of Mina's islands in Ras Al Khaimah, looking out over the Gulf and the protected mangroves. Handover ran from Q2 2026, so this is finished stock in a community already trading. Layouts separate formal and family living, with a formal lounge and dining room alongside a family area, a master suite with walk-in closet and a home cinema. Finishes include large-format porcelain, a marble feature wall in the formal rooms and stone kitchen counters. The building offers beach access, a pool, a gym and ground-floor retail, with the airport around 20 minutes away and Dubai around an hour. For buyers seeking the top floor of a completed waterfront address.

Why buy

  • Completed stock, not off-plan

    Handover ran from Q2 2026, so this is finished product on a finished island. No construction risk and no wait to occupancy or first tenancy.

  • Views over ocean and mangroves

    Cape Hayat sits where the coastline meets Mina's two million square metres of protected mangroves. That frontage cannot be built out behind.

  • Formal and family living separated

    The penthouse layouts run a formal lounge and formal dining alongside a family living and dining area, with a master bedroom, walk-in closet and a dedicated home cinema.

  • Specified above the building standard

    Decorative wallpaper with a marble feature wall in the formal rooms, large-format porcelain floors, reconstituted stone counters and backsplashes, European-standard sanitaryware and stained timber wood veneer doors.

  • Beach access at ground level

    Direct beach access, a swimming pool, a fully equipped gym and a retail frontage at ground level.

  • The top of an established address

    Penthouses are the scarcest floor of any building. Cape Hayat is an established Hayat Island address rather than a new launch, with the surrounding community already trading.

The address

  • Domestic and regional flights [20 minutes by car]
  • Long-haul international hub [60 minutes by car]
  • Direct coastal route to Dubai and the northern emirates [5 minutes by car]
  • Nikki Beach Resort & Spa, Bar Du Port Beach, InterContinental Resort & Spa, Anantara Mina [within Mina]
  • Mina Marina and Yacht Club, Mina Wharf, Mina Boulevard, Angel Bay public beach [walking distance]
  • Al Hamra Mall and the 18-hole Al Hamra Golf Club [about 7 km away]
  • British curriculum with IB pathways [about 5 km away]
  • Main Ras Al Khaimah city campus [about 11 km away]
  • University campus in Ras Al Khaimah city [about 17 km away]

Nearby transport, places and schools are as recorded by the seller. Confirm distances and school admissions independently before advising.

See it in full

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  • Full pricing and payment plans
  • Floor plans and project documents
  • A specialist on this property

Rachel Jones

RAK Properties

RAK Properties

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The numbers, this market's own rules

Ras Al Khaimah Property Analysis Hub

Updated January 2026

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Data and calculations are updated regularly for informational purposes. For accurate data and personalized advice, consult an INTRIC specialist or conduct independent research. Professional financial and legal advice recommended.

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Property Details

20.0% of property price (Min 20% for expats)

Loan Terms

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Monthly Payment
AED 0.00
Loan Amount
AED 560,000.00
Total Interest
-AED 560,000.00

Documents & resources

Everything for this property

Complete Investor Guide to UAE Property

Guide

Complete Investor Guide to UAE Property

Tax-free property investment in Dubai, Abu Dhabi, and the wider Emirates

Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

Ras Al Khaimah (RAK), the UAE's northernmost emirate, has become one of the Middle East's fastest-growing property markets, propelled by the USD 5.2 billion Wynn Al Marjan Island integrated resort (the country's first licensed gaming resort) due to open in early 2027. The transformation is dramatic: prime apartment prices climbed to AED 2,428 per square foot in 2025, with apartment values up 32% year-on-year and villas up 11%, concentrated in the waterfront communities of Al Marjan Island, Al Hamra Village and Mina Al Arab. Rental yields are attractive at roughly 5-6% gross on average, with select branded and waterfront projects reaching 8-9%, and apartment rents rose nearly 25% in 2025 despite new supply. RAK allows 100% foreign freehold ownership in designated areas, and the emirate's population is projected to grow from around 400,000 toward 650,000 by 2030, with hotel capacity set to more than double to roughly 20,000 keys. Top international buyers include Russians, Indians, Chinese, Germans and Britons. As a UAE market it offers a US-dollar-pegged currency, zero income and capital-gains tax on property, and a stable legal framework. Investors should still weigh real risks: a strong reliance on the Wynn-driven narrative and the resort's on-time delivery (construction paused before resuming in 2026), a notable new-supply pipeline that could pressure rents, and a 24% drop in transaction volume in 2025 even as prices rose (a sign of a cooling, more selective market).

  • Wynn Al Marjan Island Resort
  • Rapid Capital Appreciation
  • 100 Percent Foreign Freehold
Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

A waterfront eco-community of mangroves, beaches and branded residences south of RAK city.

Read the full guide