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About This Project
Al Hamra Waterfront is a coastal residential complex by Al Hamra Real Estate Development LLC, sitting on the waterfront in Al Hamra Village, Ras Al Khaimah. The latest phase, released April 2024, includes studios, 1–3 bedroom apartments and 19 exclusive 4-bedroom townhouses — all with views of the marina, lagoon and the future Wynn Resort. Apartments start from 463 sq ft and come with balconies, laundry rooms and walk-in closets; 3-bedroom units add a staff room. Al Hamra Village is a self-contained community with a beach, marina, golf club, lagoon and Al Hamra Mall — 120 shops, 12 restaurants and a VOX cinema — all within a 20-minute walk. Schools like RAK Academy British School and RAK Medical Center are roughly 10 minutes away. Sheikh Mohammed Bin Salem Road connects residents to RAK International Airport in 30 minutes and Dubai in just over an hour. With 1-bedroom rents in Al Hamra Village starting at AED 25,000 annually, yields are compelling — and the Wynn Resort casino opening in 2027 is expected to accelerate short-term rental demand significantly. The 50/50 payment plan and Q1 2027 handover keep entry accessible. Buyers in this phase also receive two complimentary 12-year UAE residency visas, eligible after just 20% paid.
Investment Highlights
Starting rental price for 1BR apartments in Al Hamra Village is AED 25K as of Q2 2024
Opening of UAE's first casino at Wynn Resort Al Marjan in 2027 expected to drive short-term rental demand
Capital appreciation of Al Hamra Waterfront real estate is 30%
Buyers receive two complimentary 12-year visas and qualify for long-term residency after paying just 20% of property value
Payment Plan
50/50




