Bay Residence Hayat Island | 3BHK | Good Investment

3 Bed
3 Baths
1 Parking
2647 sqft
Year: 2025

Overview

The Bay Residences on Hayat Island in Mina Al Arab is a luxurious residential development known for its prime location and upscale amenities. Situated on the prestigious Hayat Island within the Mina Al Arab community, The Bay Residences offer residents stunning beach views and panoramic vistas of the Arabian Gulf.

The development is designed to provide a high-end living experience, characterized by top-notch amenities and facilities. These amenities are likely to include features such as swimming pools, fitness centers, landscaped gardens, concierge services, and security. The goal is to offer residents a comfortable and lavish lifestyle within a well-planned and secure community.

Monthly Cash Payment Plan

Installment Payment (%) Milestone
Down Payment 5% On Booking Date
1st Installment 5% Within 30 days from On booking date
2nd Installment 0.5% Monthly (20 Installment)
3rd Installment 5% Every 6 months (4 Installment)
Final Installment 60% On Handover

Easy 3 Years Post Handover Payment Plan (40:60)

AED 6,674,000.00

Installment Payment (%) Milestone(s)
Down Payment 5% On Purchase Date
1st Installment 5% Within 30 days from purchase date
2nd to 6th Installment 2.5% Within 6 months from purchase date (0.5% monthly)
7th Installment 2.5% Within 7 months from purchase date
8th to 12th Installment 2.5% Within 12 months from purchase date (0.5% monthly)
13th Installment 2.5% Within 13 months from purchase date
14th to 18th Installment 2.5% Within 18 months from purchase date (0.5% monthly)
19th Installment 2.5% Within 19 months from purchase date
20th to 24th Installment 2.5% Within 24 months from purchase date (0.5% monthly)
25th Installment 2.5% Within 25 months from purchase date
26th Installment 10% On Completion
1st to 5th Installment 3.75% 0.75% monthly within 5 Months (After Handover)
6th Installment 5% Within 6 months after handover
7th to 11th Installment 3.75% 0.75% monthly within 11 Months (After Handover)
12th Installment 5% Within 12 months after handover
13th to 17th Installment 3.75% 0.75% monthly within 17 Months (After Handover)
18th Installment 5% Within 18 months after handover
19th to 23rd Installment 3.75% 0.75% monthly within 23 Months (After Handover)
24th Installment 7.5% Within 24 months after handover
25th to 29th Installment 3.75% 0.75% monthly within 29 Months (After Handover)
30th Installment 7.5% Within 30 months after handover
31st to 35th Installment 3.75% 0.75% monthly within 35 Months (After Handover)
36th Installment 7.5% Within 36 months after handover

Details

  • ID:
    SRM-RAK-BAY-3BR
  • Total Area:
    2647 sqft
  • Rooms:
    3
  • Bed:
    3
  • Baths:
    3
  • Parking:
    1
  • Price:
    FromAED 6,123,000
  • Year:
    2025
  • Status:

Features

  • Beach Access
  • Garden
  • Gym Facilities
  • Gymnasium
  • Indoor Kids Area
  • Outdoor Activity
  • Outdoor Kids Area
  • Restaurants
  • Retail Outlets
  • Swimming Pool

Floor Plans

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Your Information
AED 6,123,000
Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance

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