Al Hamra Greens: Apartments in RAK's Established Waterfront Village
Al Hamra Greens is a residential apartment project by Al Hamra Real Estate Management Services, located within Al Hamra Village in Ras Al Khaimah. The developer carries the Al Hamra name for a reason: this is the same entity that developed and continues to manage the broader Al Hamra Village master community. Buying here means buying into an ecosystem run by its own developer, not a standalone project surrounded by undeveloped land.
What Al Hamra Village Actually Means for Daily Life
Al Hamra Village sits on the western edge of Ras Al Khaimah along the Arabian Gulf coast, roughly 45 minutes from Dubai Marina by car. That commute distance matters for anyone whose work anchors them to Dubai. For buyers focused on RAK as a primary residence, a retirement base, or a second home used on weekends and holidays, the calculation shifts. The community provides day-to-day infrastructure within its own boundaries, which is exactly what a self-contained coastal location needs to function well as a full-time address.
Al Hamra Greens itself sits within the village's residential cluster. The project draws on the community's shared fabric rather than building from scratch in an isolated plot. That distinction affects the risk profile of an off-plan purchase: the surrounding infrastructure is already built and operational.
From AED 1.27M to AED 3.09M: What Drives the Spread
The price range is wide: AED 1,269,000 at the entry point to AED 3,087,000 at the top. Three bedroom configurations drive that spread, not premium floors or special units within a single type.
- A 1-bedroom at 703 sq ft starts at AED 1,269,000
- A 2-bedroom at 1,048 sq ft starts at AED 1,910,000
- A 3-bedroom at 1,579 sq ft starts at AED 3,087,000
The per-square-foot rate holds fairly steady across all three configurations. You are paying for space, not a premium category. A buyer at AED 1.27M gets a compact one-bedroom sized for a single occupant or a couple. A buyer at AED 3.09M gets a proper family unit at 1,579 sq ft. The two-bedroom sits in the middle of both price and footprint, and likely covers the widest buyer segment.
The one-bedroom entry point is viable for an investor targeting the RAK rental market. The two- and three-bedrooms suit families or buyers building a longer-term residential position in the emirate.
What the Amenity Set Tells You
| Category | Amenities |
|---|---|
| Fitness & Leisure | Gymnasium, Indoor Swimming Pool |
| Outdoor & Green Space | Landscaped Gardens |
| Dining | Restaurants |
| Family | Children's Play Area |
| Security | CCTV Security |
The indoor swimming pool is notable. It provides year-round usability that outdoor pools cannot match during peak summer months, and it signals a project aiming at residents who expect to use the facilities regularly, not occasional amenities that photograph well but sit empty. The on-site restaurants mean day-to-day dining does not require leaving the development.
The overall set describes a project built around families and full-time residents rather than short-stay investors. Gym, pool, children's play area, and landscaped gardens together point to buyers who plan to live in the units.
Construction Timeline: Over a Year In, Less Than Two Years to Go
Construction started in May 2025. The expected completion date is January 2028. With today's date in May 2026, the project is roughly one year into its build period, with approximately 20 months remaining to handover.
For an off-plan buyer entering now, that timeline is meaningful. The construction is underway and progressing rather than pre-launch. For anyone needing occupancy or a lettable asset within the next 12 to 18 months, the timeline does not fit.
Getting In for 20%
| Payment Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| On handover | 30% |
The 20% down payment is standard for the RAK off-plan market. What shapes the cash flow picture more is the construction tranche: 50% spread across the build period. With roughly 20 months left until January 2028, a buyer entering now will be funding that 50% in instalments over less than two years. The 30% balance at handover is the largest single outlay and falls due when the property transfers.