South Bay Residences by RAK Properties

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From AED 752K (USD 205K)

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Handover Q3 2024

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Payment Plan 40/60 or 60/40

About South Bay Residences

A new phase of the premium community in Mina Al Arab

South Bay Residences is a new phase of the Bay Residences community in the Mina Al Arab area, on the man-made Hayat Island.

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Amenities

The project offers studios, 1–3 bedroom apartments and 4-bedroom duplexes for sale. Residents will have access to sandy beaches, lagoons for water sports, a gym, a spa, an infinity pool for adults, a swimming pool and a playground for children, as well as private terraces, outdoor lawns and a garden. All homes feature magnificent views of the turquoise waters of the Arabian Gulf and sandy beaches.

A space to relax

Mina Al Arab is a prestigious community spanning more than 1.5 sq. mi, and offering lush green open spaces, restaurants, retail stores, a variety of leisure options and white sand beaches.

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Why you will love this place

A 70-minute drive to Dubai

Why you will love this place

Beach and sea

Why you will love this place

The Green Community

Economic appealfor investors

A reasonable investment

The units in South Bay Residences on the Arabian Gulf Coast will become a cosy home for people who prefer a harmonious lifestyle surrounded by premium amenities. The community is located in the Mina Al Arab area, which is popular among both locals and visitors to the emirate. Buying property in South Bay can be a profitable investment. The ROI in the Mina Al Arab area is about 6%, and the average rental cost of a 1-bedroom apartment is AED 38K (USD 10K) per year.

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Golden visa: 10 years

02.

ROI > 6%

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Premium amenities

40/60 cash payment plan

  1. 5% Down payment
  2. 5% For 30 Days
  3. 0.5% For 20 Months
  4. 5% 6 Months
  5. 60% Handover

40/60 payment plan for 3 years

  1. 5% Down payment
  2. 5% For 30 Days
  3. 0.5% For 20 Months
  4. 5% Every 6 Month
  5. 10% Handover
  6. 60% 3 years post Handover

About the developer

RAK Properties is one of the leading developers in Abu Dhabi, as well as in other emirates.

In addition to construction, the company also manages over 2,000 residential and commercial properties. The portfolio includes over 30 completed projects and over 50 under construction. RAK Properties focuses on sustainable construction technologies, comfortable infrastructure and landscaping.

Location & Advantages

Mina Al Arab

The new project of Marbella Villas II is being built in the Mina Al Arab area on Hayat Island, next to Al Nakheel Boulevard and the exit to the mainland of Ras Al Khaimah. Sheikh Mohammed Bin Salem Road is just a 5-minute drive away, providing access to the most popular locations in the emirate.

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Metropolitan Group

Metropolitan Group is a leader in the international real estate market

With over 16+ years of experience, Metropolitan Group is one of the largest and most reliable agencies in the UAE. Our offices are located in Dubai, Abu Dhabi and Vienna.

Our awards:

No 4 Emaar Properties’ Broker Awards - 2023

No 1 Black Onyx Awards, Dubai Properties and Meraas Holding - 2023

No 1 Top Partner Metropolitan Premium properties - 2023

No 3 DAMAC Broker Awards Metropolitan Premium Proprties - 2023

You are in great hands

Andrew Laptev

I bought an apartment in Dubai with the help of this company. The transaction was completed easily and with minimal involvement from me. I am satisfied with the work of the company and recommend it to everyone interested in buying real estate in the UAE.

02 April 2024

Irina Severina

I bought apartments through the Metropolitan Premium Properties agency. The transaction was very fast, transparent and professional. The realtor manager helped to solve all the issues: we went to the notary together and registered at DEWA. Thank you very much! I recommend this company to everyone.

24 March 2024

Pam Spusta

The company's service is excellent! The manager helped to choose and showed the necessary property, answered all questions, helped with the check-in and resolved all organisational issues. Thank you so much for your help!

19 March 2024

Mario Korrai

I would like to thank and at the same time recommend the Metropolitan Premium Properties real estate agency! Everyone who values their time understands how important it is to find a professional who will quickly and accurately select the best options, since you can simply get lost in the number of objects. The company's agents helped us in many ways, shared their experience and were maximally involved in all the tasks that we faced during the transaction and not only.

11 March 2024

Mikhail Kozhevnikov

I have been cooperating with the company for almost two months. I would like to note the professional approach of the agents and the quick response to emerging issues. The residence was picked up in three weeks, and more than 20 apartments were viewed. After choosing the property, I got a significant discount from the developer, thanks to the efforts of the agents.  I am very pleased with the cooperation with Metropolitan Premium Properties!

08 Feb 2024

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