Hayat Island

Hayat Island

Hayat Island is a man-made island located in the northern emirate of Ras Al Khaimah. The area is a new project that covers an area of 6,000,000 sq. ft. The developer’s main mission was to create a unique space for outdoor recreation and entertainment. It is no coincidence that Ras Al Khaimah was chosen for this. The emirate offers picturesque views of nature. The company RMJM is working on the project, and it is expected to become a popular tourist destination.

Hayat Island is a quiet place. Entertainment facilities will not be noisy, and there is an emphasis on highlighting the Arabian Gulf. The area will appeal to those interested in water activities. For example, residents will be able to go canoeing in a romantic setting with twinkling floating lanterns. There will also be an open-air cinema on the water where the audience will be seated in boats. The coastal area features a large sandy beach, and the community features many landscaped parks with plants, trees, shrubs, and flowers, which add to its aesthetic appeal. Residents can also enjoy nearby swimming pools and a central square that has ponds, fountains, and colorful sculptures.

Общая площадь6000000 кв. фут
Начало строительства30.11.1976
Цена от353,933 USD

Hayat Island offers real estate that is already in demand among investors, despite that it is currently being developed. There is a wide range of residential units that are available to buy. Properties are situated near beaches, which increases their popularity. Return on investment rates can be influenced by tourists who are looking to stay near the coastline. It is expected that there will be an influx of tenants who want to live in a well-appointed oasis on the beach. Units in the first phases of construction are already sold out. However, prices remain affordable. Therefore, there is an opportunity to invest in real estate. The annual rental rate for a studio starts at AED 14,000 (USD 4,000), and the annual rental rate for a standard three-bedroom villa starts at AED 65,000 (USD 18,000). Units have an estimated return on investment rate of 6.5%.
Hayat Island

Hayat Island offers real estate that is already in demand among investors, despite that it is currently being developed. There is a wide range of residential units that are available to buy. Properties are situated near beaches, which increases their popularity. Return on investment rates can be influenced by tourists who are looking to stay near the coastline. It is expected that there will be an influx of tenants who want to live in a well-appointed oasis on the beach. Units in the first phases of construction are already sold out. However, prices remain affordable. Therefore, there is an opportunity to invest in real estate. The annual rental rate for a studio starts at AED 14,000 (USD 4,000), and the annual rental rate for a standard three-bedroom villa starts at AED 65,000 (USD 18,000). Units have an estimated return on investment rate of 6.5%.
Hayat Island

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