Cape Hayat By Rak in Mina Al Arab
Cape Hayat By Rak · Mina Al Arab, Dubai
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Launch Price
AED 700,000
Property Type
Mixed-Use
Bedrooms
Studio, 1 - 4 Beds
Payment Plan
10/30/60
Handover
Q4 2026
Projected Yield
5.7 to 7.7%
In Mina Al Arab, Ras Al Khaimah, Cape Hayat By Rak offers off-plan multiple/other units from AED 700,000. The payment plan is 10/30/60: 10% secures the unit, 30% is paid during construction, and 60% falls due at handover in Q4 2026. Gross rental yield is projected 5.7 to 7.7% annually, reflecting typical market returns for this property type and location. This project is accessible to buyers working with monthly instalments from AED 5,000. Use MonthlyDubai to check if it fits your budget.
Payment Plan Breakdown
From AED 23,333/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 70,000 Due on signing SPA |
|
| During Construction | 30% | AED 23,333/mo 9 monthly instalments |
|
| On Handover | 60% | AED 420,000 Due at Q4 2026 |
|
| Total | AED 700,000 | ||
On Booking
10%
AED 70,000
Due on signing SPA
During Construction
30%
AED 23,333/mo
9 monthly instalments
On Handover
60%
AED 420,000
Due at Q4 2026
Total
100%
AED 700,000
Questions about Cape Hayat By Rak
What payment plan does Cape Hayat By Rak offer?
Cape Hayat By Rak uses a 10/30/60 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q4 2026.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Cape Hayat By Rak fits your budget and send you comparable alternatives.
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