1,400,000

Own this from just

5,758 AED/month

Property details

Listed

more than 6 months ago

Property Type

Apartment

Bedrooms

1 Bed

Bathrooms

1 Bath

Furnishing

Unfurnished

Area

786 ft²

Price per area

AED1,781/ft²

Available from

24 Dec 2025


APARTMENT FOR SALE IN NORTH BAY RESIDENCES, BAY RESIDENCES

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.

Amenities

Unfurnished

Balcony

Built in Wardrobes

Central A/C

Covered Parking

Shared Pool

View of Water

Security

Shared Gym

Children's Play Area


Project information

project informationproject informationproject information

RAK Properties developer Logo

Completed

Bay Residences

Studio, 1, 2 and 3 bedrooms

Developed by:

RAK Properties

Delivery Date:

Q4 2025

Down payment:

5%

Property types:

Apartment, Duplex


Location

Map preview
North Bay Residences

About North Bay Residences

Learn more

North Bay Residences in Mina Al Arab offers Studio To 3 Bedrooms properties averaging 355 - 2,540 sqft. It currently has 62 active sale listings.

  • Properties Listed62
  • Price range619.9K - 3.5M

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Price Insights

This property costs 13% more than the average price of 1 bedroom in Mina Al Arab

Average Sale Price is 1,233,915 AED

This property is 4% smaller than the average size of 1 bedroom in Mina Al Arab

Average size is 819 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

5.0

Ganjina Real Estate FZ-LLC - RAK developer Logo

Ganjina Real Estate FZ-LLC - RAK

See agency properties (316)

Response time

within 15 minutes

Experience

11 years

Languages

English, Arabic

See agent properties (67)

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Monthly payment

5,758 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

R0T6QQMK0CH5GSD0SKJDKWKMF4

Listed

more than 6 months ago

Broker License

RAKIA68FZ310158010

Agent License

RAKIA68FZ310158010

Agent Ahmed Mahmoud Soliman

Ahmed Mahmoud Soliman

5.0

Usually responds within 15 minutes

Own this property from just

5,758 AED /month

Fixed rates from: 3.75%

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