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Hayat Island

Hayat Island

Hayat Island, located in the northern emirate of Ras Al Khaimah, is a new 6,000,000 sq. ft. project designed to provide a unique space for outdoor recreation and entertainment. The island offers picturesque views of nature and the Arabian Gulf, making it an ideal destination for water activities and relaxation. Developed by RMJM, the island features residential complexes, resort hotels, and high-rise towers with apartments and studios, as well as social and leisure facilities such as cafes, restaurants, gyms, retail stores, and promenades.

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The island is designed to provide a quiet living environment surrounded by nature, with townhouses and villas overlooking the bay on one side, and resort hotels and high-rise towers on the other. Hayat Island is connected to the mainland via bridges and is a 25-minute drive from RAK International Airport.

Investors are already showing interest in the real estate on Hayat Island, with a wide range of residential units available for purchase. The proximity to beaches and the expected influx of tourists make the properties attractive for investment. Despite high demand, prices remain affordable, with estimated return on investment rates of 6.5%. The annual rental rates for a studio start at AED 14,000 (USD 4,000), while a standard three-bedroom villa starts at AED 65,000 (USD 18,000).

*The price is valid for 2023
 

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