Home Business Al Hamra launches AED1 billion Falcon Island residential project in Ras Al Khaimah

Al Hamra launches AED1 billion Falcon Island residential project in Ras Al Khaimah

by Dubai Forum
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RAS AL KHAIMAH, 16th March, 2022 (WAM) — Al Hamra, a leading lifestyle developer and investment company in Ras Al Khaimah, has announced the launch of its exclusive freehold luxury villa project, the Falcon Island, within the award-winning Al Hamra Village residential community.

The launch of the island residential project, with a development value of AED1 billion, reaffirms the future development plans and vision of Al Hamra and the Emirate of Ras Al Khaimah.

Nestling within Al Hamra Village, this idyllic exclusive island community project offers stunning views of the turquoise Arabian Gulf, the lagoon, the golf course and the fully serviced marina with the Hajar Mountains at the backdrop.

The modern residential villa development offers a secure, exclusive and vibrant community designed for private living, staycations and holidaying. The idyllic island community can be reached both by land and sea, with ample parking spaces for cars and docking facilities for boats and yachts.

Falcon Island perfectly integrates ultra-chic architecture, open tranquil spaces and unparalleled amenities. The exclusive island living offered is akin to a lifetime vacation. Be it a regular weekend getaway from the hustle and bustle of the city or a relaxed, secure and peaceful retirement, Falcon Island offers it all.

Falcon Island is set to be completed within two years of its launch, which will be implemented in phases. The North Island will be unveiled as Phase 1 consisting of 240 villas, ranging from two to seven-bedrooms, with prices starting from AED 1.2 million.

The elegant villas offer 120 to 650 square metres of living spaces stylishly decorated, with 2 to 7 en-suite bedrooms, and perfectly blend in the green well-landscaped plots of up to 1,000 square metres, some with their own exclusive beach and private pools.

Benoy Kurien, Group CEO, Al Hamra, said, “The Falcon Island project is designed to bring an extraordinary take on an everyday essential offering exclusivity in every way. This is in alignment with Al Hamra’s vision of bringing many firsts and bests to Ras Al Khaimah supporting the Emirate’s economic growth, tourism strategy and liveability agenda.

“Our communities have been home to people from over 100 countries, bringing in a global and diverse lifestyle to Ras Al Khaimah. This mega-development will further underscore Al Hamra and Ras Al Khaimah’s credentials as a multicultural, safe, and progressive destination for its residents, investors, and visitors. The project will also take private living experience a notch higher. You have to own one to know you are part of something very exclusive.”

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