Luxury Living Redefined in Our New Bay Views South 12th Floor Purchase

We are excited to share that we have purchased the entire 12th floor at Bay Views South, a RAK Properties development on Al Hayat Island, Mina Al Arab. The acquisition consists of 10 units at a total of 9,481 square feet, distributed as follows: 

• 2 x Two-Bedroom Suites

• 6 x One-Bedroom Suites

• 2 x Studio Suites Studio Suites

Property Highlights

• Bay Views South will be among a small number of beachfront projects completed before the Wynn casino opens, creating a near-term supply advantage.

• The timing gap can produce strong ROI potential for vacation rentals in the early years, before broader unit supply catches up with demand.

• Lifestyle and location remain key factors in driving value in the UAE, with waterfront and beach clubs being prime contributors to the experience.

• The property development is positioned between two major beach club anchors for the region:

  • Bar Du Port (opening prior to March 2026)

  • Nikki Beach (expected to open in early 2027)

Planned operating strategy

• The expected completion of the property is July/August 2026

• Stage and launch the units as vacation rentals expected by September/October

• We have received strong interest in a multiyear lease of a few select properties, which provides further confidence in our unit selection. If a long term lease meets short term rental economics, then this will be considered.

Why Purchase the Entire 12th Floor?

Buying a single apartment in a luxury building is common, but owning an entire floor is exceptional. This decision was driven by several factors:

Investment Potential

Large, unique properties like this tend to hold or increase their value over time. The rarity of owning an entire floor in a prime location makes it a strong asset in the real estate market.

Maintenance Coordination

By taking over the entire floor, we can maximize and simplify the management of these units. This consolidation not only lowers operational costs but also improves response times for maintenance and other services, ensuring that any issues can be addressed promptly and effectively.

Space to Customize

With all units considered, the floor offers expansive square footage. While we plan to maintain the units individually, the flexibility for future opportunities can stay open. And for those looking for multi-unit rentals, having them all on one floor supports third party interest as well.

Defining Luxury Investments

Owning the entire 12th floor at Bay Views South is more than a real estate transaction. It's another substantial addition to the Project RAK portfolio. With the revenue stream strategy in place and RAK real estate developers continuing to bring us large-scale opportunities, we're looking forward to celebrating the completion of this development.