Cape Hayat Phase 2 By Rak in Mina Al Arab
Cape Hayat Phase 2 By Rak · Mina Al Arab, Dubai
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Launch Price
AED 700,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
10/30/60
Handover
Q2 2026
Projected Yield
6.0 to 8.3%
Buyers in Mina Al Arab can access studio, 1 - 2 beds apartment options at Cape Hayat Phase 2 By Rak from AED 700,000. A 10% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 60% due at handover scheduled for Q2 2026. Projected gross returns run in the 6.0 to 8.3% range annually, in line with similar off-plan product in Ras Al Khaimah. Buyers at the AED 5,000 monthly instalment level may qualify for units in Cape Hayat Phase 2 By Rak. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
From AED 70,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 70,000 Due on signing SPA |
|
| During Construction | 30% | AED 70,000/mo 3 monthly instalments |
|
| On Handover | 60% | AED 420,000 Due at Q2 2026 |
|
| Total | AED 700,000 | ||
On Booking
10%
AED 70,000
Due on signing SPA
During Construction
30%
AED 70,000/mo
3 monthly instalments
On Handover
60%
AED 420,000
Due at Q2 2026
Total
100%
AED 700,000
Questions about Cape Hayat Phase 2 By Rak
What payment plan does Cape Hayat Phase 2 By Rak offer?
Cape Hayat Phase 2 By Rak uses a 10/30/60 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 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 Phase 2 By Rak fits your budget and send you comparable alternatives.
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