RAK Properties breaks ground at Bay Residences ...United Arab Emirates

RAK Properties has broken ground on its latest waterfront development – Bay Residences – located in the Mina Al Arab district in Ras Al Khaimah. As a new addition to Hayat Island, Bay Residences will feature 324 apartments with a mix of one-, two- and three-bedroom units, all with direct access to the beach, the firm said. The groundbreaking ceremony was attended by RAK Properties CEO Sameh Al Muhtadi, COO Mohammed Al Tair, as well as by senior staff members from the Al Oroba Contracting Company. In January 2022, RAK Properties began handovers of the Marbella Villas and, in February 2022, it launched the Gateway Residences 2 residential project. Sameh Al Muhtadi said: “The immense success o

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