Al Hamra Village Expands as Ras Al Khaimah’s Freehold Market Gains Momentum
Ras Al Khaimah, UAE – July 17, 2025 – Al Hamra Village, Ras Al Khaimah’s pioneering freehold development, is undergoing a major expansion as demand for lifestyle-driven residential communities continues to rise across the emirate.
Established in the early 2000s, Al Hamra Village set the foundation for freehold property ownership in Ras Al Khaimah. Now, it is expanding with the launch of two new residential clusters: Al Hamra Greens and Aila Homes, priced from AED 1.2 million and AED 2.9 million, respectively.
According to the developer, the latest phase reflects the strong performance of RAK’s property sector over the last four years, bolstered by post-pandemic interest in nature-integrated living and real estate investment benefits like long-term residency options.
“These launches respond directly to growing customer demand for meaningful, nature-rooted lifestyles,” said Benoy Kurien, Group CEO of Al Hamra. “They mark a key milestone in Al Hamra’s growth journey.”
Scandinavian-Inspired Living
The newly launched Al Hamra Greens will feature 1,754 Scandinavian-style apartments with one to three bedrooms, located opposite the upcoming RAK Central mixed-use development. The project emphasizes sustainable design and community-centric amenities.
In parallel, Aila Homes aims to provide larger premium residences catering to end-users and international investors looking for long-term value in the northern emirates.
Ras Al Khaimah’s Real Estate Renaissance
Ras Al Khaimah has seen a rapid transformation, with the upcoming Wynn Resorts project drawing global attention for its integrated resort and casino experience. Scheduled to open in 2027, the resort is already influencing investment activity in nearby communities, including Al Hamra.
Additionally, luxury developments such as The Ritz-Carlton Residences in Al Wadi Desert and Waldorf Astoria Residences RAK signal the emirate’s transition into the ultra-luxury real estate market.
Expansion Beyond RAK: Al Hamra Enters Dubai
In a strategic move, Al Hamra has announced its first-ever project in Dubai, marking its entry into the city’s dynamic property landscape. The move follows the example of other regional developers like Arada, which recently launched several Dubai-based communities.
The continued success of Al Hamra Village and its expansion reaffirms Ras Al Khaimah’s position as a rising star in the UAE’s real estate market—especially for investors looking beyond Dubai and Abu Dhabi.