10-02-2025
RAK Properties, Ellington name main contractor for AED 310mn Hayat Island development
Nantong Construction Group Co. has been selected as the main contractor for Porto Playa, an AED 310 million waterfront development on Hayat Island, following a joint announcement by Ellington Properties and RAK Properties.
The project, set for completion in Q4 2026, forms part of the Mina masterplan in Ras Al Khaimah and will comprise studios, apartments, townhouses, and villas.
The development will incorporate AI technology to maximise views of the Arabian Gulf and island landscapes.
New luxury development Porto Playa set to transform Hayat Island
RAK Properties CEO Sameh Al Muhtadi said: ' Hayat Island, a key component of our recently unveiled Mina masterplan, represents the future of waterfront living in Ras Al Khaimah. By partnering with Nantong Construction Group, a global leader in construction, and Ellington Properties, renowned for design excellence, Porto Playa will stand as a testament to what collaboration can achieve.
'This development embodies precision, innovation, and a resident-centric approach, setting new standards in the real estate landscape of the Emirate. We are seeing strong demand within Mina, which is at the forefront of our growth and transformation agenda, and with Porto Playa we look forward to continuing our success in delivering homes on, or ahead of, schedule.'
' Porto Playa is not just another development—it's a statement of excellence and innovation. The appointment of Nantong Construction Group reflects our commitment to delivering superior quality and meticulous craftsmanship. Their expertise ensures that Porto Playa will not only meet but exceed expectations, becoming a landmark that transforms Hayat Island into a premier destination,' Joseph Thomas, Co-Founder of Ellington Properties added.
