Under construction properties
Porto Playa
$559,400 — $1,165,500
  • Property types:
    1 bedroom, 2 bedroom
  • Two-Year Price Appreciation:
    37%+
  • District:
    Ras-Al-Khaimah, Hayat Islands
  • Developer:
    Ellington and RAK Properties
  • Class of the property:
    "A"
  • Class of the district:
    "B"
  • Rating Masterpiece:
    5★
  • Reliability of the developer:
    5★
  • Down payment:
    20%
  • Payment plan:
    50/50
  • Completion date:
    Q4 2026

About district
Location
  • District
    Ras-Al-Khaimah, Hayat Islands
Hayat Islands is a captivating waterfront development located in Ras Al Khaimah, one of the United Arab Emirates' hidden gems. This masterfully planned community is a testament to modern luxury living, offering residents and visitors a harmonious blend of natural beauty, upscale amenities, and a serene lifestyle.

Nestled along the picturesque coastline of Ras Al Khaimah, Hayat Islands boasts a stunning waterfront setting that's second to none. Residents here are treated to breathtaking views of the Arabian Gulf, with pristine beaches just steps away. The serene sound of lapping waves and the panoramic vistas create an atmosphere of tranquility and relaxation.

The community is renowned for its world-class amenities and facilities. Residents can indulge in a range of leisure activities, from swimming in infinity pools that seem to merge with the sea to working out in state-of-the-art fitness centers. There are also dedicated spaces for relaxation, including lush parks and waterfront promenades, perfect for enjoying leisurely walks or picnics.

Hayat Islands offers a vibrant culinary and entertainment scene. The waterfront promenade is dotted with cafes and restaurants serving a diverse array of cuisines, making it the perfect place for dining al fresco while enjoying the stunning views. Whether you're looking for a romantic dinner or a family-friendly outing, there's something for everyone.

While Hayat Islands provides a serene escape, it's also conveniently connected to the rest of Ras Al Khaimah and the UAE. Major highways and transportation links make it easy to access the city center, airports, and neighboring emirates, ensuring that you're never far from the excitement and amenities of the region.

About developer
Ellington
Ellington Properties is a well-known, prestigious developer in Dubai that specialises in building luxury properties and apartments. Their trademark is creating unique and memorable architectural designs which has won them 4 awards in the best interior design and the best architectural design categories at the 2018 Arabian Property Awards.

The majority of Ellington Properties’ buildings are located within the new Rashid City (MBR City) district, which is named after Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the United Arab Emirates.

The company’s most significant accolade was winning the title of ‘best luxury project’ for the construction of Eaton Place Hotel in 2019. Currently, the developer’s latest project is Wilton Park Residence, which is a vast residential development adorned with natural greenery in the heart of MBR City.
RAK Properties is one of the leading property developments and was founded in 2005. This developer has proven its excellence with a wide range of projects which includes mixed-use community developments, health spas, and hotels, strategically placed retail shops.

The RAK Properties developer has always delivered high-quality and efficiently supervised projects which provides the highest level of service with maximizing the value of their investments. The developer mission is to lead the expansion of real estate as well as tourism infrastructure in Ras Al Khaimah.

About building
About Porto Playa
Ellington Properties and RAK Properties are bringing together their expertise in the development of Porto Playa, marking Ellington’s debut venture in the picturesque emirate of Ras Al Khaimah. This collaboration brings forth a new era of beachfront living on Hayat Island, promising residents an unparalleled lifestyle experience. With Ellington’s track record of creating exceptional residential developments and RAK Properties’ deep-rooted expertise in crafting iconic projects, this beachfront property is set to redefine the real estate landscape in Ras Al Khaimah. Together, they are poised to deliver a harmonious blend of contemporary design, world-class amenities, and the natural beauty of Ras Al Khaimah’s coastline, ensuring that Porto Playa becomes an exceptional addition to the region’s real estate portfolio.

Presenting a revolutionary leap in architectural design, the contemporary residential project that seamlessly marries human creativity with cutting- edge technology. Immerse yourself in a realm where the expertise of architectural artistry converges harmoniously with AI innovation.

From picnics on the spacious lawn to kids’ water and sand play, barbeque spaces, a scenic viewing deck, an outdoor fitness, and a mini golf, residential development offers a diverse array of outdoor experiences.
Features / Amenities
  • Parking
  • Private Beach
  • Pool Deck
  • Infinity-edge Pool
  • Gym, Fitness Studio
  • Kids Club
  • Volleyball Area
  • Clubhouse Area
  • Yoga Studio

Apartment
Floor Plans
1 bedroom / 1053 sqft
$559,400 — $582,000
2 bedroom / 2179 sqft
$1,165,500

Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
© 2024 Masterpiece Group. All Rights Reserved
E-mail:
Phone:
License №1092965
P.O. Box:
454924
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE