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About This Project
Al Hamra Greens is a mid-rise residential development by Al Hamra Development — a builder with over two decades of premium lifestyle projects in RAK. The 1–3 bedroom apartments range from 703 to 1,746 sq ft, featuring open-plan interiors, generous balconies, and views over the golf course and RAK Central. Sustainable design principles run through the entire project, from eco-conscious materials to energy-efficient systems. The development sits within Al Hamra Village, a gated master-planned community spanning 77 million sq ft on the Ras Al Khaimah coastline. Residents get direct access to a private sandy beach, a marina, landscaped promenades, and resort-style amenities including water sports, restaurant dining, and 24/7 security. By 2027, the Wynn Resort — home to the UAE's first casino — will open nearby, with a 24-hour water taxi connecting Al Hamra directly to it. Priced from AED 1.2M for a 1-bedroom, Al Hamra Greens targets both end-users and investors eyeing rental yields estimated at 5–7%. The 50/50 payment plan keeps entry manageable, and buyers can qualify for a 2-year or 10-year UAE Golden Visa depending on purchase value. Handover is scheduled for Q1 2028.
Investment Highlights
Prices starting at AED 1.2M with rental yield estimates of 5–7% in a high-demand RAK coastal community
Projected property value increases of 35–45% over the next five years in Al Hamra Village
Eligible for 2-year residency visa at AED 750K+ and 10-year Golden Visa at AED 2M+
Proximity to UAE's first casino at Wynn Resort opening in 2027, boosting tourism and rental demand
Payment Plan
50/50




