Al Hamra Real Estate Development offers affordable and elegant living in Ras Al Khaimah
05 May 2019

Al Hamra Real Estate Development, the Ras Al Khaimah-based real estate development and investment company, is offering the most competitive rental rates for an elegant lifestyle in the heart of the emirate across its world-class residential developments in Al Hamra Village.

An iconic residential destination in Ras Al Khaimah, Al Hamra Village brings a unique blend of local heritage and modern design. Set by an 18-hole championship golf course and a sandy beach, the community is at the centre of Ras Al Khaimah’s major tourist attractions.

With cost of living lower than other cities and locations, Al Hamra Village is increasingly regarded as a holiday home and staycation destination. The occupancy rate is an impressive 74% full-time and 90% during the weekend with many UAE residents owning holiday homes in Al Hamra Village.

Assuring superb value for customers with affordable rents, residents are assured of a relaxed lifestyle in elegantly designed homes with a wide range of lifestyle amenities nearby. Residents also save on utility bills with reduced cooling rates. With the Federal Electricity & Water Authority announcing lowering of electricity tariffs, residents pay only 28 fils per kW. Further, Al Hamra has already reduced cooling charges to 28 fils per kW, adding to even more cost saving for residents.

Assuring a high quality of life and better value for money, Al Hamra’s residential portfolio also offers an attractive opportunity for investors with high return guaranteed, drawing on Ras Al Khaimah’s growing reputation as a leisure, residential and investment destination.

Benoy Kurien, Group Chief Executive Officer of Al Hamra Real Estate Development, said: “Al Hamra Village has defined its credentials as one of the most desirable residential destinations in Ras Al Khaimah and the UAE. We offer an extensive portfolio of residential homes in a prime location that is increasingly sought-after for the build quality and lifestyle amenities. The rental value on our residences are today the most-competitive for the location and features offered and will appeal to end-users who can scale up their lifestyle and be assured of value-for-money.”

Positioned amidst the lush greens of the Al Hamra Golf Club, Al Hamra’s Royal Breeze, starting from only AED 24,000 per year, are set in five residential towers with stunning views of the Arabian Gulf. Overlooking a spectacular marina, the Al Hamra Marina Residences starting at AED 24,500 per year offer a perfect waterfront lifestyle where residents can enjoy the Marina Clubhouse amenities including a restaurant, lounge, café, retail shops and a yacht club. The first project development, Al Hamra Golf Residences continue to be popular among investors and residents with competitive pricing starting at AED 24,000 for a studio.

With splendid views of the Al Hamra Golf Course, lagoons and swimming pools, Al Hamra Townhouses and Bayti Townhouses, with rent starting from AED 63,000 per year, offer complete comfort and stylish design. Bab Al Bahr Residences is a resort like residential project, with studios starting at AED 24,000 per year, comprising of three pyramid-shaped buildings complimented by lush walkways and gardens.

The beautifully designed, Al Hamra Village has fourteen swimming pools, kids play areas, jogging and cycling tracks for everyone to enjoy. Offering a perfect blend of shopping, entertainment and recreation, Al Hamra Mall is accessible from every part of the residential development within minutes. It also includes several schools facilitating quality education and state-of-the-art, RAK Medical Clinic to provide medical and health-related services in the community.

Kurien added: “With convenient access to all emirates and a varied choice of malls, hotels and leisure attractions nearby, the homes by Al Hamra will enable residents to make significant savings monthly even if they work in neighbouring emirates. They can easily commute to the other cities and return to a serene lifestyle in a home of their choice.”

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