South Bay Residences
Mina Al Arab · by RAK · Ras Al Khaimah
This building has already handed over (Q1 2025), so it is not off-plan stock. It is kept as a delivered comparable: useful for reading what its community sells for, and excluded from every off-plan count and every price per sqft benchmark on this site.
This project sits outside the full evidence tier: it is in Ras Al Khaimah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.
The record
- Developer
- RAK
- Community
- Mina Al Arab
- City
- Ras Al Khaimah
- Sale status
- Sold out
- Construction
- Completed
- Classification
- Delivered comparable
- Property types
- Apartment, Duplex
- Bedrooms offered
- Studio, 1, 2, 3
- Priced unit records
- 0
- Payment plans listed
- 3
- Sub-community
- Hayat Island
- Published price range
- AED 680K to AED 2.60M
- Ownership
- Freehold
- Furnishing
- Semi furnished
- Floors
- G + 14 floors
- Service charge, developer-stated
- 6 AED/sqft
StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30
Blank means the developer published nothing, not that the answer is zero. The service charge is the figure the developer published, not the RERA service charge index.
Where this price sits
No priced unit records have been published for South Bay Residences, so there is no median AED/sqft to compare and we will not estimate one. What can be said is the ground it sits on: the 245 priced off-plan units in Mina Al Arab run at a median of AED 2,033 per sqft, with the middle half between AED 1,844 and AED 2,324, against a Dubai median of AED 2,021.
The one published price is the entry point, AED 680,000. Without a unit size it cannot be turned into a price per sqft, so it is left as it was published.
Fewer than eight priced units are published for South Bay Residences, which is not enough to draw an honest spread, so this page draws none. The Mina Al Arab distribution above the community page is the closest evidence there is. What we do and do not compute.
3 payment plans on offer
| Plan | Down payment | During construction | On handover | After handover | Structure |
|---|---|---|---|---|---|
| 3 years Post Handover | 5% | 25% | 10% | 60% | Post-handover |
| 40/60 cash plan | 5% | 35% | 60% | none | 40/60 |
| 5 years Post Handover | 5% | 45% | 10% | 40% | Post-handover |
Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape.
The payment plan
On the published entry price of AED 680,000 that is AED 204,000 before handover and AED 408,000 after the keys. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 26% of plans in Mina Al Arab schedule instalments after the keys.
More in Mina Al Arab
The same slice of Mina Al Arab: starting under AED 1M 6.
- AED/sqft
- n/a
- From
- AED 556K
- Handover
- Q1 2025
- Before keys
- n/a
- AED/sqft
- 1,102
- From
- AED 600K
- Handover
- Q3 2028
- Before keys
- 40%
- AED/sqft
- n/a
- From
- AED 680K
- Handover
- Q4 2025
- Before keys
- 30%
- AED/sqft
- n/a
- From
- AED 700K
- Handover
- Q2 2026
- Before keys
- 40%
- AED/sqft
- 1,552
- From
- AED 750K
- Handover
- Q2 2027
- Before keys
- 60%
- AED/sqft
- 1,853
- From
- AED 770K
- Handover
- Q2 2028
- Before keys
- 30%
The full report: every community, every developer, ranked.
Mina Al Arab, Ras Al Khaimah in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.