“Al Hamra” unveils a new waterfront residential building in the village of Al Hamra in the Emirate of Ras Al Khaimah

The launch of the third phase of the residential apartment project in Marsa Al Hamra

A building consisting of 318 apartments, which represents the expansion of residential apartments in Marsa Al Hamra, and the apartment prices start from 450 thousand dirhams

Modern and luxurious homes located in the heart of the leading and award-winning residential complex “Al Hamra Village” and project sales begin with a limited time offer that includes investors a “Live and Work” package from “Al Hamra”. of 12 years of residence with a free business license

Ras al-Khaimah, United Arab Emirates: Al Hamra, the leading real estate development and investment company in the Emirate of Ras Al Khaimah, has announced the launch of the third phase of its residential apartment project in Marsa Al Hamra, which is a new waterfront building consisting of 318 apartments, located in the heart of Al Hamra Village, the award-winning residential complex. It is known for its waterfront, villas and apartments overlooking picturesque lakes. The new phase represents an expansion of the flagship project, which includes mid-rise residential buildings, and the new building will include studio units, one-bedroom and two-bedroom apartments. It is worth noting that the second phase of the project was completed in 2009.

With prices starting from 450,000 dirhams, the third phase of the residential apartment project in Marsa Al Hamra will be the first residential project sold off-plan and supported by the “Live and Work” package provided by “Al Hamra” . The offer is valid for a limited period of 6 months from the official announcement of the project and offers buyers residency in the UAE for 12 years, a business license and a partner visa with the option to transfer it to the residence upon payment of an installment payment of 20% of the total value of the property.

In this context, Benoy Kurian, CEO of Al Hamra, said: “We have seen a strong demand from investors for high-quality projects that offer excellent lifestyle experiences and world-class services. There is no doubt that the Emirate of Ras Al Khaimah enjoys a wide reputation as one of the most prominent destinations for affluent living around the world, as it was ranked among the top 50 destinations in the world for 2022, according to a classification issued by the American magazine “Time”. We are pleased to see the global demand for moving to Ras Al Khaimah to live in our projects and spend unique experiences, not to mention investing in them.With the launch of the third phase of the project, we offer affordable housing options for those who want a breathtaking waterfront living experience with easy access to world-class facilities Thanks to the ‘Live and Work’ package, apartment owners have the option to run their own business with start up ease and save on business license costs.”

The third phase of the residential apartment project in Marsa Al Hamra – a luxury residential project on the waterfront

The design of the third phase took into account the aspirations and tastes of the residents, as each room in the apartments of the project comes with its own balcony. The one and two bedroom apartments have a laundry room and a wardrobe. Residents will have all the basic amenities, including a swimming pool, community fitness club, beach access and children’s play areas.

The website above all else

The third phase of the residential project in Marsa Al Hamra is located in the heart of Al Hamra Village, the only fully gated integrated residential complex in the UAE, within walking distance of 12 restaurants, a beach, a collection of lagoons, a marina , yacht club, shopping center and waterfront walkways, plus a playground Golf Championships host the DB World Tour. A 5-minute drive from the project are a number of other amenities, including a five-star hotel, Al Hamra Mall, a medical center and 24-hour supermarkets, while the world-renowned Wayne Resort is a ten-minute ferry ride away. . away.

VIP card and membership

Residents will benefit from the Al Hamra VIP Card, which offers discounts of up to 30% at Al Hamra’s partner network of five-star luxury hotels and resorts, restaurants, retail stores, sports and fitness centers, jewelry stores, beauty salons, fashion and electronics stores in the Northern Emirates.

Ras Al Khaimah is a growing tourism and investment center, and continues to attract investors thanks to its supportive environment for doing business, the absence of any taxes therein and the freedom to return all capital and profits. Investors will become part of the thriving social and economic landscape in Ras Al Khaimah, and will enjoy a luxurious living experience within one of the most exclusive residential destinations in the region, while benefiting from the competitive costs in the emirate.

For more information, please email communications@alhamra or call 800 AL HAMRA

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About “Al Hamra”:

“Al Hamra” Real Estate Development is a real estate investment and development company based in the Emirate of Ras Al Khaimah that develops pioneering lifestyle real estate projects in addition to investing in the hospitality and entertainment sectors. Since its launch in 2003, “Al Hamra” has played an important role in shaping the real estate sector scene in Ras Al Khaimah to contribute to the promotion of the emirate’s growth.

Al Hamra is committed to creating a new concept of lifestyle, luxury and hospitality through the eco-friendly Al Hamra Village, which has been developed taking advantage of its prime location near Dubai, only 45 minutes from the city, in addition to its proximity . to the airport and free trade zones.

Under the “Al Hamra” brand, it includes the award-winning Al Hamra Golf Club, Al Hamra Marina & Yacht Club, Manar Mall, the award-winning Al Hamra Village and Al Hamra Property Development. Al Hamra also developed the Waldorf Astoria Ras Al Khaimah Hotel, the Hilton Al Hamra Beach Golf Resort and the Ritz-Carlton Ras Al Khaimah, Al Hamra Beach.

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