Al Hamra Village, Ras Al Khaimah
Just 1 hour and 15 minutes drive from Downtown Dubai is the beautiful emirate: Ras Al Khaimah. Ras Al Khaimah is known as an oasis of tranquility, where Dubai locals go for vacations or weekend getaways. One of Ras Al Khaimah's hotspots is Al Hamra Village. This is a community of developer Al Hamra Developers and is now mostly frequented by tourists.
General information
Al Hamra Village, located in Ras Al Khaimah and developed by Al Hamra Developers, is a premier residential and tourism community in the United Arab Emirates. Stretching along the Arabian Gulf coastline, the community offers a mix of modern amenities and traditional charm amid lush green landscapes.
The community includes a diverse range of residential options, including luxury villas, apartments and townhouses, all designed with attention to comfort and aesthetics. Many of these homes offer spectacular views of the sea, golf courses or the surrounding landscape.
In addition to the residential sector, Al Hamra Village offers an array of recreational and commercial amenities. For example, it includes an award-winning 18-hole golf course, beautiful beaches, marinas, a shopping center, restaurants, cafes, supermarkets, schools and medical facilities.
The community also has a strong community spirit, with regular events and activities organized for residents and visitors. From festivals to markets and sporting events, there is always something going on in Al Hamra Village.
In addition, residents benefit from the community's convenient location; for example, it is located across from Al Marjan Island, the island where the new casino resort is being developed.
All in all, Al Hamra Village offers an ideal lifestyle for families and individuals alike, combining luxury living, recreational opportunities and a thriving community atmosphere.
ROI and capital appreciation
Returns and value increases in Al Hamra Village are good but are expected to get much better in the near future. The villas and 2-bedroom apartments realize the best ROIs in this region. It is recommended to rent out the properties for short-term. The 2-bedroom apartments start at around €600,000 and the villas start at around €1,400,000.
Off-plan
New construction in this region increases in value by about 10% to 20% during the construction phase, which is often 3 years. The short-term rental net returns on the initial investment are between 6% and 8% net. After completion, the increase in value in this region is between 5% and 10% per year.
Ready built
Existing construction in this region is experiencing value appreciation between 5% and 10% per year. Short-term rental net returns on initial investment are between 4% and 6% per year for existing construction.