Wednesday 3 August 2022 – 20:40
Ras Al Khaimah, August 3 / WAM / Al Hamra, the leading real estate development and investment company in Ras Al Khaimah, announced the launch of the third phase of the residential apartment project in Marsa Al Hamra, which represents a new waterfront building consisting of 318 apartments, located in the heart of Al Hamra Village.The award-winning residential complex famous for its waterfront villas and apartments overlooking the stunning lagoons.
The new phase – ahead of the third phase, which ended in 2009 – represents an expansion of the pioneering project, which includes mid-rise housing. The new building includes studio units, one and two-bedroom apartments.
The third phase of the residential apartment project in Marsa Al Hamra will be the first residential project to be sold off-plan and supported by the “Live and Work” package from “Al Hamra”.
Benoy Kurian, CEO of Al Hamra, said: “We have seen strong demand from investors for high-quality projects that provide upscale lifestyle experiences and world-class services.” He pointed out that the Emirate of Ras Al Khaimah enjoys a wide reputation as one of the most prominent destinations for affluent living around the world after it was ranked among the top 50 A destinations in the world for 2022, according to a classification issued by the American “Time” magazine.
Wam/Abdulwahab Al-Wahhabi/Awad Al-Mukhtar/Asim Al-Khouli
