Overview

Property Description

The Northbay Residence is a modern apartment complex located on Hayat Island in Ras Al Khaimah. The apartments overlook the Arabian Gulf. It was implemented by RAK Properties with a facade that embodies modern architectural trends. The interiors feature beautiful furniture, decorative elements, lighting fixtures, and appliances. There are one- to three-bedroom apartments ranging in size from 397 sq. ft. to 3,444 sq. ft. Property prices range from AED 680,000 (USD 185,000) to AED 1,300,000 (USD 350,000). *Prices are valid for 2021 The Northbay Residence is a modern residential complex with real estate that is particularly popular with families with children. A wide range of units have been designed to be of the highest comfort level at the best possible price for prospective residents. Several socially significant facilities are located in the surrounding area, including schools, medical clinics, and shopping malls. There are several profitable real estate investment opportunities at Northbay Residence. Apartments can be purchased to subsequently rent out. The annual return on investment for a unit ranges from 5% to 6%.

Location