Off-planGateway II Residences, Mina Al Arab
HIGHLIGHTS
About Gateway II Residences
Gateway II Residences is an off-plan residential building in Mina Al Arab, Ras Al Khaimah. Located on Nakheel Street on Hayat Island, the project by RAK Properties will have 1 and 2-bed apartments. The units can be booked with a 10% down payment, with handovers expected in Q4 2024.
The waterfront project will have a spacious lobby, a residents' lounge, a swimming pool and a play area for kids. Residents will also have access to community parks, playground, beach, lagoon marina and promenade. For fitness, the tower will have a fully-equipped gymnasium.
Mina Al Arab is a waterfront community in Ras Al Khaimah located alongside Sheikh Muhammad Bin Salem Road (E11). The community is home to waterfront villas and apartment projects. Residents have access to various nature trails ideal for hiking, jogging and biking.
In a Nutshell
- Type of building: Residential
- Expected date of handover: Q4 2024
- Location: Hayat Island, Ras Al Khaimah
- Developer: RAK Properties
- Unit type: 1 and 2-bedroom apartments
- Amenities: Swimming pool, gym, beach access, lagoon marina, community parks and playgrounds
BUILDING DETAILS
Payment Plan
Apartments in Gateway II Residences can be booked using these payment plans:
50/50 Post-Handover Payment Plan
| MILESTONE | INSTALMENT | %PAYMENT |
|---|---|---|
|
MILESTONE Down Payment |
INSTALMENT 1 |
%PAYMENT 10% |
|
MILESTONE During Construction |
INSTALMENT 2-5 |
%PAYMENT 30% |
|
MILESTONE On Handover |
INSTALMENT 6 |
%PAYMENT 10% |
|
MILESTONE Post Handover |
INSTALMENT 7-12 |
%PAYMENT 50% |
Key Takeaways:
- Bookings can be done with a 10% down payment.
- 30% has to be paid during construction.
- 10% will be paid at the time of handover.
- 50% will be paid post-handover.
40/60 Payment Plan:
| MILESTONE | INSTALMENT | %PAYMENT |
|---|---|---|
|
MILESTONE Down Payment |
INSTALMENT 1 |
%PAYMENT 10% |
|
MILESTONE During Construction |
INSTALMENT 2-5 |
%PAYMENT 30% |
|
MILESTONE On Handover |
INSTALMENT 6 |
%PAYMENT 60% |
Key Takeaways:
- Bookings can be done with a 10% down payment.
- 30% has to be paid during construction.
- 60% will be paid at the time of handover.
Expected Completion Date
The project is expected to be completed in Q4 2024.
Facilities in Gateway II Residences
IN-HOUSE FACILITIES
Residents will find a spacious front lobby, residents' lounge, kids' play area, community parks and playgrounds. Leisure facilities include an exclusive pool, open access to the beach, lagoon marina and promenade. There will also be a gym in Gateway II Residences.
PARKING
Residents will find covered parking in Gateway II Residences.
ELEVATORS
High-speed elevators in Gateway II Residences will offer easy access to all the floors.
SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES
Gateway II Residences will have 24-hour security and CCTV monitoring system. The building will also be well-maintained.
Apartment Types in Gateway II Residences, Mina Al Arab RAK
Gateway II Residences, Mina Al Arab RAK will have 1 and 2-bedroom apartments.
1-BEDROOM APARTMENTS IN GATEWAY II RESIDENCES
1-bedroom apartments in Gateway II Residences will feature a bathroom, living area, dining area, kitchen, laundry area and balcony. The covered areas will range from 908 sq. ft. to 944 sq. ft.
2-BEDROOM APARTMENTS IN GATEWAY II RESIDENCES
2-bedroom apartments in Gateway II Residences Hayat Island will have two bathrooms, a living area, a dining room, a kitchen, a laundry area and one or two balconies. These units will cover areas between 1,259 sq. ft. and 1,345 sq. ft.
MOST POPULAR APARTMENT TYPES IN GATEWAY II RESIDENCES
According to Bayut, 1-bed apartments in Gateway II Residences enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.
Sales Trends in Gateway II Residences
Information for average price is currently not available on Gateway II Residences.
NEARBY AMENITIES
Transportation near Gateway II Residences
Al Nakheel Boulevard is a 2-minute drive from the project's location. Residents will also find public transportation near Gateway II Residences.
BUS STATIONS NEAR GATEWAY II RESIDENCES
Mina Al Arab Bus Stop is the nearest option to use Ras Al Khaimah public transport. It is a a 1-minute drive from Gateway II Residences at Mina Al Arab.
Restaurants near Gateway II Residences
Popular restaurants near Gateway 2 Residences RAK include:
- Layali Zaman Restaurant and Cafe
- Shrimp Pot Seafood Restaurant RAK
- KPop Chicken RAK
- NoHo Bar & Grill
- Levant & Nar
These are reachable within a 5-minute drive. One can find Turkish, Lebanese, seafood and Korean cuisines at these eateries. Thunder Road, one of the best restaurants in Ras Al Khaimah, is about a 6-minute drive away.
Supermarkets near Gateway II Residences
Residents will be able to shop at these supermarkets near Gateway II Residences conveniently:
- Choithrams Mina Al Arab
- Al Mondial Grocery
- Al Bateen Supermarket
These stores are within a 6-minute drive from the project's location. For a greater product variety, residents can visit a branch of Carrefour supermarkets in RAK.
Nearby Attractions
- Hayat Island Beach
- RAK Track Go Karting
- RAK National Museum
HAYAT ISLAND BEACH
Visitors can enjoy various beach sports at Hayat Island Beach. It is accessible within a 2-minute drive from the project's location.
RAK TRACK GO KARTING
Those looking for activities for kids in Ras Al Khaimah will find RAK Track Go Karting among their best options. Besides rental/hire karts and professional racing karts, one can try the “Arrive and Drive” which children and parent can enjoy together. The venue is just a 7-minute drive away.
RAK NATIONAL MUSEUM
RAK National Museum is a famous landmark where visitors can gain a detailed insight into the Emirate's history. It is located at Al Hisn Road and can be reached within a 23-minute drive.
FAQs
What are the apartment types in Gateway II Residences?
Gateway II Residences will have 1 and 2-bedroom apartments.
What is the payment plan for Gateway II Residences?
Apartments in Gateway II Residences are available with a 50/50 Post-Handover Payment Plan and a 40/60 Payment Plan.
When will Gateway II Residences be completed?
Gateway II Residences is expected to be completed in Q4 2024.
Featured image credit: RAK Properties
