RAK developer upbeat on luxury project
Ras Al Khaimah, January 30, 2012
Al Hamra Real Estate, a leading developer in Ras Al Khaimah, has maintained a positive outlook in 2012 for its Al Hamra Village project, which, the company said, enjoys 84 per cent occupancy.
The Al Hamra Village is a luxury integrated community which is uniquely located in Ras Al Khaimah in the UAE, approximately 45 minutes from Dubai.
The master planned development covers an area of 7.1 million sq ft and includes 1.5 km of pristine beaches, 1,089 villas and townhouses, 2,444 residential apartments, 5 resort hotels, an 18 hole golf course, clubhouse, a marina and a shopping mall all within a fully integrated community.
Apart from the residential comforts, Al Hamra Village also provides attractions such as the Al Hamra Fort Hotel & Beach Resort, Banyan Tree beach Resort, Al Hamra Palace Hotel & Resort, Al Hamra Golf Club, Al Hamra Marina & Royal Yacht Club, Al Hamra Mall as well as several restaurants.
Al Hamra said the coming year is set to see more new developments with the completion of the Waldorf Astoria Hotel at Al Hamra Palace and the expansion at Al Hamra Mall.
The company said it aims to complete and handover the phase three of its Al Hamra Village, which includes The Royal Breeze Residences.
The Royal Breeze Residence is a prestigious shoreline property comprising five residential towers with stunning views of the turquoise waters of the Arabian Gulf and lush greens of Al Hamra Golf Club.
It offers beach, gym and pool access to its residents and provides well appointed homes including studios, one, two and three bedroom apartments as well as stunning penthouses with breathtaking views, said the developer.
Over 81 per cent of the apartments at The Royal Breeze Residence have been sold and customers have started taking possession of their homes, it added.
Benoy Kurien, general manager of Al Hamra Real Estate said, 'From the outset we have strived towards delivering a quality product and creating a premier lifestyle community. Royal Breeze is the latest addition to Al Hamra Village.'
'It is an ideal destination for families as well as investors looking for a unique community experience in the Northern Emirates,' he added.-TradeArabia News Service