Malibu Villas is a residential community located near Ajman Beach in Ras Al Khaimah. The project was developed by RAK Properties. Properties include three- to four-bedroom townhouses and villas that range in size from 3,250 sq. ft. (302 sq. m) to 4,132 sq. ft. (384 sq. m).
Units feature large living rooms, open kitchens, dressing rooms, staff accommodations, laundry rooms, storage rooms, and balconies with stunning views of the beach. Properties also come with small gardens and covered parking.
Malibu Villas is located near several retail stores and supermarkets. Bloom and Al Bateen Supermarket can be reached within a five-minute walk of the community. Okaz Grocery is situated within a 10-minute walk, and Choithrams Supermarket is located within a five-minute drive. Al Hamra Mall can be reached within a 10-minute walk, and My City Centre Al Dhait and RAK Mall are situated within a 15-minute drive.
Residents can enjoy a wide selection of local restaurants, such as Layali Zaman, Thunder Road Pizza & Grill, and La Luna, which are located within a five-minute walk of the residences, and La Burrata, an Italian restaurant, can be reached within a five-minute drive.
Residents can take advantage of nearby nurseries, schools, and medical centres. Little Treasures and Red Bus are situated within a 10-minute walk of the community, and Chubby Cheeks can be reached within a five-minute drive. Emirates National School and RAK Academy are located within a 10-minute drive, and Harvest Private School can be reached within a 15-minute drive. For medical services, RAK Medical Centre is situated within a 10-minute drive, and Sheikh Khalifa Specialty Hospital and RAK Hospital can be reached within a 20-minute drive.
For leisure activities, residents can go to a mangrove forest located within a 10-minute drive of the residences, and the Natural Beach and Al Jazeerah Beach can also be reached within a 10-minute drive.
Mina Al Arab is a beautiful coastal area with several luxury villas and townhouses. Investors can expect a return on investment rate of 5.5%. The annual rental rate for a townhouse or villa at Malibu Villas ranges from AED 85,000 (USD 23,000) to AED 180,000 (USD 49,000), and the estimated payback period for a property ranges from 18 to 22 years.
*The price is valid for 2021
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