“This Partnership Marks Ellington Properties’ Debut in Ras Al Khaimah with a Beachfront Residential Project on Hayat Island”
Abu Dhabi-listed RAK Properties and Dubai-based Ellington Properties have teamed up to collaborate on a beachfront residential project on Hayat Island, part of Mina Al Arab Island in Ras Al Khaimah. This partnership signifies Ellington Properties’ introduction to the emirate.
The project, which will comprise apartments, will include high-end ground-level restaurants and resort-style amenities. However, specific details regarding the project’s cost, completion timeline, and the number of apartments have not been disclosed.
This venture is a component of RAK Properties’ broader master plan for Hayat Island, which encompasses Angel Bay, an outdoor leisure destination featuring clubs, dining establishments, recreational activities, and entertainment options.
Last month, RAK Properties also unveiled Bayviews Residences, a beachfront development on Hayat Island. To date, the developer has successfully delivered over 3,000 residential units, 372,000 square feet of office space, and 260,000 square feet of retail projects.