Al Hamra Village is a popular community in Ras Al Khaimah, offering a mix of waterfront living, golf, and modern amenities. The area is gaining attention for its new and off-plan properties, which are attractive to both buyers and investors.
About Al Hamra Village
Developed by Al Hamra Group, this community spans 7.1 million square feet along the Ras Al Khaimah coastline. It features a variety of homes, including villas, townhouses, and apartments, along with a marina, golf course, and the Al Hamra Mall. The community also offers a wide range of leisure activities and is home to luxury hotels like the Waldorf Astoria.
Why Buy Off-Plan in Al Hamra Village?
Investing in off-plan properties here offers several benefits:
- Lower Prices: Properties here are more affordable than in Dubai or Abu Dhabi.
- High Rental Demand: The area is a popular destination for tourists, offering good rental income potential.
- Flexible Payments: Developers offer attractive payment plans, making it easier for international buyers.
- Modern Homes: The new projects feature contemporary design and premium finishes.
- Freehold Ownership: All nationalities can own property without any property tax.
- Future Growth: The Wynn resort being built on Al Marjan Island is expected to further increase property values.
New & Off-Plan Projects to Watch (2025)
Several new developments are currently underway:
- Falcon Island: A gated island community with luxury villas and townhouses, offering private gardens and waterfront access.
- Bay Residences: Apartments with sea and lagoon views are perfect for holiday homes or rental investments.
- Al Hamra Golf Residences: Apartments with direct views of the golf course are ideal for long-term residents and families.
- New Waterfront Towers: The modern high-rise buildings located near Al Hamra Marina are popular with professionals and investors.
Property Types and Amenities
Al Hamra Village offers a diverse range of Off-plan Projects from spacious villas and famil-friendly townhouses to apartments and studio units.
Residents enjoy a relaxed and convenient lifestyle with access to:
- Leisure: A 18-hole golf course, a marina for sailing and various water sports
- Convenience: The Al Hamra Mall, along with local shops and healthcare facilities.
- Resort Lifestyle: Nearby hotels offer spas and fine dining.
Connectivity and Investment
This community is well-connected, just a 50-minute drive from Dubai and a short distance from Ras Al Khaimah International Airport.
From an investment perspective:
- Prices: Apartments are typically priced from AED 900–1,200 per square foot.
- Yields: Rental yields are strong, providing returns of 6–8%.
- Growth: Property values have been rising in 2024 and 2025.
- Tourism: With over 1.2 million visitors to Ras Al Khaimah in 2023, the tourism sector supports high rental demand.
Tips for Buyers
- Villas near the golf course or beach tend to offer the best long-term value.
- Apartments near the marina are in high demand for short-term rentals.
- Buying early in new projects like Falcon Island can secure the best prices.
- Research the developer's reputation and track record before committing.
Al Hamra Village presents a unique opportunity to own property in a prime waterfront and golf community, with new projects making it an affordable and flexible choice for both living and investing.
