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Manta Bay is located on Al Marjan Island, RAK.
Manta Bay consists of studios and 1-2 bedroom apartments.
According to Major Development, the expected ROI in this complex is 10-12%, which means that you can count on receiving a stable passive income. In terms of short-term rentals, the estimated price of a 1-bedroom unit is AED 769 (USD 209) per night on average. With an expected occupancy rate of 85%, the yearly returns amount to approximately AED 250K (USD 68K).
In Q2 2024, the starting price for real estate in the project is AED 1.2M (USD 327K). The developer offers interested investors either a 60/40 payment plan. The estimated date of the project’s completion is Q4 2026.
The Manta Bay complex is located within close proximity to Little Treasures Nursery and RAK Academy – British School Al Hamra – BSH.
The focal point of Manta Bay is its sandy rooftop beach, the world’s first-of-its-kind, sitting at a whopping 197 ft high. There are more than 30 world-class amenities available onsite, including cigar lounges, recreational areas by the lagoon, a BBQ area, a fountain, a spa, a dance floor, a cold pool, a jacuzzi, a pool bar, a sand beach, a beach bar and the coastal area of Manta Bay.
The prime location of Manta Bay offers excellent connectivity to various parts of the emirate, enhancing the convenience of its residents. For instance, the Ras Al Khaimah International Airport, a hub for both local and international flights, is just a short 30-minute drive away, making travel hassle-free.
Yes, Manta Bay is the perfect choice for families with children thanks to its well-developed infrastructure. There is a children’s playground and a swimming pool available to the complex’s residents.
Yes, the project is pet-friendly.
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