Waldorf Astoria Residences Ras Al Khaimah

Construction & Real Estate

Al Hamra breaks RAK property record with new Sky Palace sale

Thu, 22 Jan 2026

UAE developer Al Hamra has achieved a key milestone with the sale of the Sky Palace at its prime development - Waldorf Astoria Residences Ras Al Khaimah - for $35.4 million, marking the highest-value single-unit residential transaction ever recorded in the northern emirate.