AED 1,300,000

Own this from just

5,347 AED/month
1 Bedroom
2 Bathrooms
882 sqft / 82 sqm
APARTMENT FOR SALE IN NORTHBAY RESIDENCES, MINA AL ARAB

DISTRESS DEAL | BAY RESIDENCE | Payment plan

IKHAYA REAL ESTATE is pleased to offer this amazing opportunity to own a 1 bedroom apartment in Bay Residence, Central 2 building.
Bay Residences at Mina Al Arab RAK
1BR (Type 1.3) Central II Bulding, Partial SEA VIEW

- Luxurious beach front project at ready full-equipped residential community with shops, supermarkets, cafes and restaurants.
- Next to 5* Hotels: Intercontinental, Anantara, Nikki Beach
- 15 min by car to upcoming Wynn Resort Casino on Al Marjan Island
- Huge green area and cost line inside the community
- Price: AED1,300,000
- Price in contract: AED 1,352,000

About property:
- 14th Floor
- Post-handover payment plan available
- Central II building
- Type -1.3 (off-plan)
- Resale with payment plan till 1Q 2025
- Handover 1Q 2025
- Size - 882.65 sqft (~82.5 sqm)

Don't miss this opportunity to get a great deal at less than the original purchase price !!

For more information please contact Willem on +971 50 204 0573

Property details

Property Type

Apartment

Property Size

882 sqft / 82 sqm

Bedrooms

1

Bathrooms

2


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

View of Water

Shared Gym


Project information

project imageproject imageproject image

Completed

Northbay Residences

Studio, 1, 2 and 3 bedrooms

Developed by:

RAK Properties

Delivery Date:

Q4 2023

Down payment:

5%

Property types:

Apartment, Duplex


Location

Map preview
Northbay Residences
Residential Insights

Price Range:

625K-6.5M AED
Mina Al Arab
Community Insights

Price Range:

267K-172M AED

Price Insights

This property costs 39% more than the average price of 1 bedroom in Mina Al Arab

Average Sale Price is 937,743 AED

This property is 5% bigger than the average size of 1 bedroom in Mina Al Arab

Average size is 843 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

Willem Maritz

5.0

Ikhaya Real Estate FZ - LLC

See all properties (44)

Response time

within 15 minutes

Experience

6 years

Languages

English, Afrikaans

See agent properties (33)

Get the right mortgage for you

300,000 AED35,000,000 AED
20%
260,000 AED1,040,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

5,347 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

ikhayarealestate-11036593

Listed

2 months ago

Broker License

5027020

Call

Willem Maritz

5.0

Usually responds within 15 minutes

Own this property from just

5,347 AED /month

Fixed rates from: 3.75%

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