Al Hamra Unveils $300 Million Waterfront Project in Ras Al Khaimah

April 17, 2024 : Al Hamra, a leading lifestyle developer and real estate investment firm in Ras Al Khaimah, has unveiled its latest project, Al Hamra Waterfront, situated within the esteemed residential enclave of Al Hamra Village. Settled along the shores of the Royal Yacht Club of Ras Al Khaimah, this development comprises 622 apartments spread across five 18-floor buildings and 19 townhouses organised into four clusters, all boasting stunning sea views and balconies. Priced from AED1.1 million ($300 million), Al Hamra Waterfront offers a variety of studio, one-, two-, and three-bedroom apartments, along with four-bedroom duplex townhouses.

The project boasts a wealth of amenities including a promenade, coworking space, entertainment room, swimming pools, jogging track, padel tennis courts, gym, parks, kids play area, BBQ area, pet park, and grooming area. With direct vistas of the Arabian Gulf and the Wynn Al Marjan Island resort, Al Hamra Waterfront represents one of the final opportunities to own a waterfront residence within the fully integrated Al Hamra Village community. Home to residents from over 100 nations, the community also features a championship 18-hole golf course, a 220-berth marina, and renowned hospitality assets such as the Waldorf Astoria Ras Al Khaimah and The Ritz-Carlton Ras Al Khaimah Al Hamra Beach. Additionally, it hosts the upcoming Sofitel Ras Al Khaimah Beach Resort. Positioned within the thriving three-mile corridor stretching from Al Hamra to Al Marjan Island, this project benefits from the convenience of an established integrated community and a strategic location.

Benoy Kurien, Group CEO of Al Hamra remarks in the company's press release, “The launch of Al Hamra Waterfront perfectly aligns with Al Hamra’s five-year growth strategy and underscores our commitment to delivering elevated lifestyle experiences to Ras Al Khaimah amidst ever-increasing demand for waterfront living in the Emirate. Embracing a contemporary design approach, this project capitalises on its location in Al Hamra Village, a community already sought after by individuals worldwide. We anticipate that Al Hamra Waterfront will set a new standard for modern waterfront living in Ras Al Khaimah."

Renowned for its management of premier destinations in Ras Al Khaimah, such as the acclaimed Al Hamra Village, the Royal Yacht Club of Ras Al Khaimah, and the Al Hamra Golf Club, Al Hamra stands out as a trendsetter in Northern Emirates development. Aligning with a comprehensive five-year strategy, the company supports local government initiatives aimed at establishing the Emirate as a centre of economic prosperity, tourism, and real estate.