20 July, 2026, Ras Al Khaimah, UAE: Al Hamra Group has appointed AHK Worldwide as the main interior fit-out contractor for the Waldorf Astoria Residences Ras Al Khaimah, marking another significant milestone in the delivery of one of the region's most prestigious branded residential developments.
The appointment comes shortly after the project achieved two landmark sales, including the USD 35.4 million sale of the Sky Palace, recognised as the highest-value single residential transaction ever recorded in Ras Al Khaimah, alongside the USD 15 million sale of the development's signature penthouse. Together, these transactions reflect growing international confidence in the emirate's luxury real estate market and reinforce Al Hamra's expansion into the ultra-luxury residential segment.
Valued at USD 225 million, the Waldorf Astoria Residences Ras Al Khaimah is scheduled for completion in the first half of 2028. Under the agreement, AHK Worldwide will lead the project's complete interior fit-out, delivering the premium craftsmanship and detailing associated with the Waldorf Astoria brand.
The partnership also reflects Al Hamra's continued strategy of collaborating with internationally recognised specialists to deliver developments that meet the highest standards of luxury residential design and execution.
Commenting on the appointment, Benoy J. Kurien, Group Chief Executive Officer of Al Hamra, said:
"At Waldorf Astoria Residences Ras Al Khaimah, our focus has always been on creating an unparalleled residential experience where luxury is expressed through exceptional quality, thoughtful design, and meticulous attention to detail. Every aspect of the development has been carefully considered with the end user in mind; from comfort and convenience to enduring elegance and functionality. AHK World wide’s expertise and track record in delivering world-class interiors make them an ideal partner to help bring this vision to life and ensure these residences set a new benchmark for luxury living in the region."
Fadi Abla, Chief Executive Officer of AHK Worldwide, added:
"We are proud to be entrusted with the fit-out of such a landmark development. Drawing on more than three decades of specialist hospitality delivery across the MENA region, we are committed to interiors defined by precision, craftsmanship, and timeless elegance that align with the prestige of both Al Hamra and the Waldorf Astoria brands.”
Strengthening Ras Al Khaimah's Luxury Real Estate Landscape
The latest milestone further reinforces Ras Al Khaimah's growing position as a destination for premium residential and hospitality investment. As demand for branded residences continues to rise, projects such as the Waldorf Astoria Residences demonstrate the emirate's ability to attract international buyers seeking luxury waterfront living supported by globally recognised brands and world-class development partners.
With construction progressing towards its planned completion in 2028, the development is expected to contribute to Ras Al Khaimah's expanding portfolio of high-end residential offerings while supporting the emirate's long-term vision for sustainable economic growth, tourism, and international investment.
