1BR Apartment on the 3th floor Community view

Northbay Residence is a modern apartment complex located on Hayat Island in Ras Al Khaimah. Apartments overlook the Arabian Gulf Coast.

The project was implemented by RAK Properties. The facade features an original design that is the embodiment of modern architectural trends. Interiors are truly unique in style and are equipped with beautiful furniture, decorative elements, lighting fixtures, and appliances.

Northbay Residence is located in a vibrant area with a well-developed infrastructure. The complex is situated near Sheikh Mohammed Bin Salem Road, which provides easy access to other parts of the city. Residents can also travel by public transportation with stops and stations located within walking distance of the apartments. The nearest bus stop is RAK, and the nearest Metro stations are Union and Rashidiya. Cab services can also be found throughout the neighbourhood.

Residents can take advantage of local schools and nurseries. Chubby Cheeks, Al Jazira Al Hamra, and Little Treasures Kindergarten are located within walking distance of the complex.

Residents can go shopping at local stores and shopping malls, such as the Lagoon, Al Hamra Mall, and the Spire, which offer groceries, household goods, clothing, footwear, and accessories.

Northbay Residence offers many profitable real estate investment opportunities. Apartments can be purchased to subsequently rent out. The annual return on investment rate for a unit ranges from 5% to 6%, and the estimated payback ranges from 17 to 19 years.

Property details

Property Type

Apartment

Property Size

995 sqft / 92 sqm

Bedrooms

Bathrooms