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APARTMENT FOR SALE IN PORTO PLAYA, MINA AL ARAB

Property details

Listed

3 months ago

Property Type

Apartment

Bedrooms

Studio

Bathrooms

1 Bath

Furnishing

Unfurnished

Area

471 ft²

Price per area

AED2,441/ft²

Available from

7 Jul 2026


Amenities

Unfurnished

Security

Pets Allowed

Lobby in Building

Covered Parking

Children's Play Area

Balcony

Central A/C

Shared Pool

Built in Wardrobes


Invest in a premium beachfront property in Porto Playa by Ellington, located on Hayat Island, Mina Al Arab.

Property Details:
Unit Type: Studio Apartment
Size: 470.60 sqft
Furnishing: Unfurnished (built‑in wardrobes and kitchen included)
Developer: Ellington Properties (in partnership with RAK Properties)
Handover Date: Q4 2027 (estimated completion – December 2027)

Additional Information:
Price: AED 1,150,000
Payment Plan(50:50): Transferable to the next owner
Agency Fee: 2% + VAT
NOC Fee: AED 5.250 incl VAT
Service Charge: Approximately AED 12 per sq ft per year (estimated)

ROI (Return on Investment) Information:
Expected Rental Yield: 6%–7% per annum (based on current RAK market trends)
Projected Annual Rental Income: AED 69,000–80,500
Capital Appreciation: Strong potential due to beachfront location, resort lifestyle, and ongoing development on Hayat Island

Highlights:
Resort‑style living with premium finishes
Beach access and waterfront lifestyle
Ideal for both investors and end‑users

Contact: Salvatore De Netto
Email: salvatore@napinvest.me
Mobile Number: +971508801967
Website: [link not available]

About Noble Assets Properties (NAP):
Noble Assets Properties is a leading investment hub offering expert guidance in property acquisitions and management for both local and international clients. With strong partnerships across top UAE developers, we provide exclusive access to land and property opportunities. Our comprehensive property management services cover maintenance, leasing, and rentals – ensuring peace of mind for clients worldwide.

Regulatory information
Regulatory information

Reference

Asset-S-108121