AED 1,400,000

Own this from just

5,758 AED/month
1 Bedroom
1 Bathroom
786 sqft / 73 sqm
APARTMENT FOR SALE IN NORTHBAY RESIDENCES, MINA AL ARAB

Waterfront1BR | Move in Ready | 6–7% Projected ROI

Secure a turnkey, waterfront 1 bedroom at NorthBay Residences, Mina Al Arab—ideal for end users and income focused investors. This sea view home pairs a sunrise facing balcony with modern interiors and resort style amenities, in one of RAK’s strongest rental micro markets.
Property highlights
• Price: AED 1,400,000
• Size: 786 sq ft (73 sqm)
• Layout: 1BR / 1BA
• Status: Ready for immediate move in
• Panoramic sea views from a private balcony (sunrise aspect)
• Contemporary finishes: open plan living, fully fitted kitchen, spa style bathroom
• Exclusive amenities: residents’ private beach, landscaped gardens, swimming pools, and gym
• Prime setting: stroll to InterContinental Resort and boardwalk cafés
• Projected gross ROI: 6–7% supported by high rental demand in RAK’s coastal communities

Mina Al Arab offers a relaxed waterfront lifestyle with strong investor returns. Limited supply, attractive service charges and growing tourism from upcoming resorts like Wynn contribute to capital appreciation and healthy rental yields.

Property details

Property Type

Apartment

Property Size

786 sqft / 73 sqm

Bedrooms

1

Bathrooms

1

Available from

27 Sep 2025


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

View of Water

Shared Gym


Location

Map preview
Tower illustration Placeholder
Northbay Residences
Residential Insights
No reviews yet

Price Range:

600K-5.9M AED
Mina Al Arab Community
Mina Al Arab
Community Insights
No reviews yet

Price Range:

385K-32M AED

Price Insights

This property costs 29% more than the average price of 1 bedroom in Mina Al Arab

Average Sale Price is 1,087,903 AED

This property is 3% smaller than the average size of 1 bedroom in Mina Al Arab

Average size is 814 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mina Al Arab

Provided by

Agent Ahmed Mahmoud Soliman

Ahmed Mahmoud Soliman

4.8

Ganjina Real Estate FZ-LLC - RAK developer Logo

Ganjina Real Estate FZ-LLC - RAK

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Response time

within 15 minutes

Experience

10 years

Closed Deals

3

Languages

English, Arabic

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Monthly payment

5,758 AED

with interest rate of

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Regulatory information
Regulatory information

Reference

01K652QJG4KF8QHKYBJSRTJFAS

Listed

1 month ago

Broker License

RAKIA68FZ310158010

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    Agent Ahmed Mahmoud Soliman

    Ahmed Mahmoud Soliman

    4.8

    usually responds within 15 minutes

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    5,758 AED /month

    Fixed rates from: 3.75%

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