Developed by Ras Al Khaimah's largest developer, RAK Properties, Bayviews is a premium residential development. The project offers studios and 1-2 bedroom apartments, as well as full floor apartments, on Hayat Island, Mina Al Arab. Two towers are included in the development, Bayviews South and Bayviews North, both of which have 14 floors.
Each apartment at Bayviews will feature a private balcony, which will offer views of the Arabian Gulf and the Hajar Mountains. The properties range in size from 417 sq. feet to 2,661 sq. feet. In addition, all the residences, except for the studios, will have a laundry room, a powder room and a corridor.
A property in Bayviews starts at AED 530K (USD 144K) in May 2023.
*Prices are valid for 2023 only
The Golden Visa allows you to live, work, and study in the UAE without the need for a sponsor if your property investment exceeds AED 2M (USD 545K). It also applies to your spouse and children.
As of Q2 2023, the average ROI in Mina Al Arab stands at 6%. The starting rental price in this area is AED 24K (USD 6.5K) for a 1-bedroom apartment.