Off-plan projects in Hayat Island, Ras Al-Khaimah

A small island at the top of the market

Off-plan projects in Hayat Island number only a few, and the distance between them is wide. Entry starts at around $230K for the single accessible apartment scheme, while everything else on the list is priced in millions and the villa release approaches $5M. Handover is unusually close, with everything completing in 2026 or 2027.

The island lies in the lagoon system along the Ras Al Khaimah coast, joined to the mainland by a short crossing and ringed by water. Unlike much of the emirate’s new development, this is not a site waiting for its surroundings to arrive: resort hotels, promenades and restaurants are already trading, and the plots being sold now are the gaps left inside a district that works. Ras Al Khaimah city is minutes away and Dubai roughly an hour by road.

Apartments make up most of the list, from mid-rise buildings facing the channel to residences priced where Dubai’s waterfront begins, with the villa release alongside them. RAK Properties is behind most of the launches and Pantheon Development the remainder. Booking deposits reach 20% on some schemes, heavier than the northern emirates’ norm, with the balance staged through construction to handover.

The buyer profile splits across an unusually wide gap. At the entry level it is investors taking a lagoon-facing flat for what an inland apartment costs elsewhere, in a district whose amenities already exist rather than being promised. Above that it is second-home and lifestyle buyers, for whom the argument is a finished island, a short wait to handover and a degree of privacy no mainland community can match. Gorilla Real Estate’s specialists know how this island prices against Al Marjan Island and Al Hamra Village next door, which is the comparison most buyers on this coast end up making. Off-plan properties for sale in Hayat Island are listed above.