Property: 1 Bed Room | 2 Bath Room
View: Marina | Wynn Casino
Siz: 803 sqft | Price: AED 1,910,000
Note: 0 Commission | Free Consultation
Service Charge: 12 AED per square foot
Investment Details:
– Payment Plan: 3 years
– Payment Plan: 50/50
– Handover: Q1 2027
About Al Hamra Waterfront
Elite Residences by the Sea
Al Hamra Waterfront – is a premium project within the prestigious Al Hamra Village, Ras Al Khaimah. The latest phase, introduced in April 2024, features a range of residences including studios, 1-3 bedroom apartments, and 4-bedroom townhouses, starting at 441 sq. ft.
Investment Opportunities
Wynn Al Marjan Island — A Future Hub for Tourism
Investing in Al Hamra Waterfront is a promising option for potential investors. As of Q2 2024, the starting rental price for 1-bedroom apartments in Al Hamra Village is AED 25K (USD 7K) annually. The opening of the UAE’s first casino at Wynn Resort Al Marjan in 2027 is expected to significantly increase demand for short-term rentals in nearby complexes like Al Hamra Waterfront. Investors can potentially see up to a 30% return on investment upon reselling property after construction completion.
Golden Visa Eligibility
Purchasing property worth AED 2M (USD 545K) or more qualifies buyers for a 10-year Golden visa, extending to spouses, children, and domestic staff. This adds an attractive incentive for investors and residents seeking long-term stability and benefits in the UAE.
Al Hamra Waterfront combines luxurious living, strategic investment potential, and exclusive benefits, making it an appealing choice for discerning buyers.
