Property Intelligence / RAK Properties / Bay Residences
AABC Property Intelligence · Evidence-led project analysis

Bay Residences

RAK Properties · Hayat Island, Mina · Ras Al Khaimah
Mixed / Phased Residential Evidence-linked analysis VERIFY LIVE

Verified project facts

DeveloperRAK Properties
LocationHayat Island, Mina, Ras Al Khaimah
Project statusMixed / Phased
Property typeResidential
ConfigurationConfiguration to reconfirm with developer
Starting pricePrice on request · verify live
RERA / registrationVerify with the applicable land department / project regulator
Possession / OCPossession / OC timeline to reconfirm before commitment
Construction statusMixed / Phased
Project PSFAED 1,620 /sq.ft
Comparable benchmark PSFAED 1,663 /sq.ft
Registered / project sales814 project records
Project PSF YoY+2.4% project
Project gross yield5.25% project
Evidence date2026-10-25
Source statusApproved 25 Oct 2026 evidence set

Direct project transaction, PSF and rental metrics are shown when publicly verified. Otherwise AABC displays the source-dated area/community, emirate or market proxy used in underwriting and labels it clearly as a proxy.

Why AABC selected this project

AABC selected this project only after the approved evidence set supported project identity, project/area pricing and a reproducible score. Current inventory remains separate from scoring.

Investment thesis

  • Observed project PSF is 2.6% below the supported area benchmark.
  • RAK Properties reports 814 units sold for this project; this is developer-reported demand evidence, not a registered-transaction count.

Key risks

  • Sold-unit demand figures are developer-reported and should not be interpreted as registered transaction counts.
  • Current availability, pricing, incentives and payment terms must be reverified before commitment.

AABC score components

Value
90
Demand
72
Rental
74.4
Momentum
63.8
Supply
86.4
Developer
80
Liquidity
66

Availability does not contribute to the AABC Investment Score.

Current availability

VERIFY LIVE
Private developer inventory is an execution layer only. Exact unit availability, pricing and terms must be reverified.

AABC does not present source-dated developer inventory as guaranteed live stock. Exact units, prices and commercial terms must be reconfirmed at enquiry.

Evidence & source transparency

AABC shows the public evidence attached to this project so investors can distinguish verified inputs from assumptions or missing data.

Bay Residences - RAK Properties official project evidenceDeveloper / Official
Open source ↗
RAK Properties - Q4 2025 investor relations project sales & progressDeveloper / Investor Relations
Open source ↗
RAK Properties - H1 2026 operational updateDeveloper / Official
Open source ↗
AABC Property Intelligence — derived area/market indexAABC derived index
Open source ↗
Bayut — Ras Al Khaimah Property Market IndexMarket index
Open source ↗
Ali Asghar Busheri
AABC Advisor

Ali Asghar Busheri

Need the current unit list, price confirmation or a comparison with another project? Move from intelligence to verified availability.