Al Hamra, a UAE-based lifestyle development and investment company, achieved a top-50 ranking among GCC developers in 2022 by Construction Week Middle East. Established in 2003, it has played a pivotal role in shaping Ras Al Khaimah's real estate and investment landscape, focusing on residential, retail, hospitality, leisure, and entertainment. Al Hamra's ambitious five-year roadmap aligns with Ras Al Khaimah's Vision 2030, emphasizing premier lifestyle experiences, quality products, and world-class services. The company is committed to supporting Ras Al Khaimah's transformation into a leading investment, business, residential, and tourism destination by expanding its residential and hospitality portfolios, optimizing retail, and investing in value-added services.
Al Hamra encompasses entities like Al Hamra Village, Al Hamra Golf Club, Royal Yacht Club of Ras Al Khaimah, Manar Mall, and the groundbreaking residential project Falcon Island. The group also owns iconic hospitality assets, including Waldorf Astoria Ras Al Khaimah, The Ritz-Carlton Ras Al Khaimah Al Hamra Beach, Al Hamra Residences, Al Hamra Village Hotel, and the upcoming Sofitel Ras Al Khaimah Beach Resort. Al Hamra's goal is to enhance Ras Al Khaimah's appeal as a destination and foster regional and global partnerships that deliver exceptional value to customers, visitors, and investors.
Our vision is to be the most admired real estate developer and services provider in the Northern Emirates for all our stakeholders.
Our mission is to carefully select projects, business partners and employees we invest in. Our ultimate aim is to build stakeholder's value by making a significant contribution and difference to RAK, thus making Al Hamra a truly sustainable corporation.
We abide by the following values:
PIPS - Partnership. Integrity. Passion. Social Responsibility
Partnership: We are always up for meaningful partnerships and collaborations with people and businesses, ensuring everyone gains.
Integrity: We believe integrity and transparency make the main ingredients to endured success. Therefore, we are focused on delivering long-term value to our internal and external stakeholders.
Passion: We love what we do and that’s what motivates us to bring the best experiences to Ras Al Khaimah.
Social Responsibility: We believe in giving back to the communities where we work through a team effort from all our stakeholders ensuring a creation of a sustainable environment.
2023 is a significant milestone for Al Hamra as the company completes two decades in business. Over these twenty years, our company has consistently delivered premium real estate assets, shaping the landscape of Ras Al Khaimah across residential, hospitality, retail, leisure, and entertainment sectors. We take immense pride in not only offering the best in lifestyle, holidaying, and shopping experiences but also in contributing significantly to the remarkable growth of Ras Al Khaimah itself. Our journey has been defined by innovation, dedication, and a relentless pursuit of excellence, and as we reflect on our remarkable journey, we remain committed to further enhancing the charm and appeal of Ras Al Khaimah.
Al Hamra announced its strategic five-year growth plan with AED 1 billion investment in world-class real estate portfolio earlier this year. It entails additions to existing portfolio, optimiZation of assets, detailed technology upgrade and enhancing customer experience. Funds realiZed from the divestment of Al Hamra Mall, and other assets to be used as capital for fresh and diverse ventures in Real Estate and Hospitality sectors.
