Al Hamra Waterfront by Al Hamra Real Estate Development LLC

The project features a collection of studios and 1–3 bedroom apartments that offer stunning views of the marina and lagoon. The new phase of the project also features a collection of 19 coastal 4-bedroom townhouses.

Al Hamra Waterfront is a high-end waterfront community by Al Hamra Real Estate Development LLC in Al Hamra Village. The latest phase of the project was released in April 2024. The new phase offers studios, 1–3 bedroom apartments and exclusive 4-bedroom townhouses. All residences offer amazing views of the bay, the Wynn Casino and the marina.

The area of the property in the complex starts from 463 sq. ft. The residences will have a balcony and a laundry room. All types of 1–3 bedroom properties will have a foyer and a walk-in closet in the master bedroom. The 3-bedroom residences are complemented by a staff room.

The complex provides a variety of areas for work and recreation, including a coworking zone, a game room, swimming pools, parks, treadmills, a promenade, playgrounds, etc. A dedicated walking park and a grooming service are available for pet owners. This new phase of Al Hamra Waterfront offers easy access to an array of amenities and infrastructure facilities in and around Al Hamra Village. These include a swimming pool, gym, beach, restaurants, a lagoon, resorts, a 24/7 supermarket and recreational options available at Al Hamra Marina and Al Hamra Golf Club.

Al Hamra Waterfront is located not far from Sheikh Mohammed Bin Salem Rd, providing easy commutes to most destinations. For instance, the drive to Ras Al Khaimah International Airport takes about 30 minutes, whereas Dubai is reachable in just over an hour.

The nearest educational and medical facilities are about a 10-minute drive away. Among them are RAK Medical Center Al Hamra, RAK Academy British School Al Hamra-BSH, Little Treasures Nursery and Wisdom Business School.

For shopping and entertainment, it is worth visiting Al Hamra Mall, which houses about 120 retail outlets with electronics, furniture, food, fashion and more. There are also 12 restaurants, a Fun Ville for children and a Vox Movie theatre. The shopping centre can be reached within 20 minutes on foot.

Every person who purchases property in the new phase of Al Hamra Waterfront will be granted two 12-year visas free-of-charge, one for themself and one for the person of their choosing. Please note that you will become eligible for long-term residency after paying just 20% of the property value.

Al Hamra Waterfront presents a favourable opportunity for potential investors. As of Q2 2024, the starting rental price of 1-bedroom apartments in Al Hamra Village stands at AED 25K (USD 7K). The opening of the UAE's first casino at Wynn Resort Al Marjan in 2027 is expected to drive up demand for short-term property leases in nearby complexes like Al Hamra Waterfront.

Capital appreciation of Al Hamra Waterfront real estate is 30%. Such an increase enables you to generate extra profit should you decide to resell your property.