What is Bay Views, Hayat Island?

Bay Views is a limited release of 12 waterfront residences on Hayat Island, Ras Al Khaimah, from AED 1,923/sqft, 15 minutes from the Wynn Al Marjan Casino Resort. Golden Visa eligible.

Is Sofia Sands Realty licensed?

Yes. Sofia Sands Realty is RERA licensed (RERA 41793), founded by Yitayal Mesfin, a registered Dubai and RAK real estate broker.

Can foreigners buy property in Dubai and RAK?

Yes. International buyers can purchase freehold property in designated zones across Dubai and Ras Al Khaimah, and may qualify for a 10-year UAE Golden Visa on purchases of AED 2 million or more.

Area Intelligence

Area Intelligence — Dubai & RAK

Al Marjan Island, RAK

The Wynn Effect

Avg. Price

AED 1.4M

Starting from

Rental Yield

8.1%

Annual gross avg.

Metro Access

Private transport preferred

Beach Distance

Direct

Private beach on site

Editorial Analysis

Why Al Marjan Island, RAK?

Ras Al Khaimah's man-made island is the most compelling emerging market in UAE real estate. Wynn Al Marjan Resort (2027) is the single biggest catalyst for capital growth in the region.

Key feature — Wynn Resort proximity

Sofia's Intelligence

RAK recorded AED 15.1 billion in property transactions in 2024 — a 97% year-on-year increase. Al Marjan Island drove the majority of that volume, attracting buyers from 62 nationalities in a single quarter.

Sofia Sands Research, 2026

From

Price on request

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Sofia Sands Realty · RERA 41793

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