Ras Al Khaimah-based lifestyle developer and investment company, Al Hamra has unveiled a $272 million exclusive freehold luxury villa project as it taps into a broader recovery in the UAE’s property market.
The new project, Falcon Island, will be built within the Al Hamra Village residential community that also has a shopping mall, a yacht club and hotels.
Al Hamra’s focus has always been on developing and investing in upscale lifestyle experiences, quality products and services that exceed expectations, through its premier residential real estate, hospitality and leisure developments in Ras Al Khaimah.
The project will be completed within two years of its launch.
The 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 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 integrates ultra-chic architecture, open tranquil spaces and unparalleled amenities. The exclusive island living offered is akin to a lifetime vacation.
Benoy Kurien Group CEO Al Hamra
“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 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 $326,711.
The villas offer 120 to 650 square meters 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 meters, some with their own exclusive beach and private pools.
About 70 percent of the island will be devoted to open spaces to deliver a lifestyle that surpasses all previous developments in the Emirate. It is adjacent to a world-class golf course and a 3-mile corridor with Al Hamra’s luxury hospitality portfolio that includes the likes of Waldorf Astoria Ras Al Khaimah and Ritz Carlton Al Hamra Beach.
Another significant highlight is the proximity to Al Hamra Marina and Yacht Club, featuring a ferry to and from the marina where the residents can park their boat and enjoy a ferry ride back home. The community includes amenities such as a ladies-only swimming pool, fully equipped gym, a community center, walking tracks and a tennis court.
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