Al Hamra Waterfront: Two-Tower Apartments in Ras Al Khaimah's Al Hamra Village
Al Hamra Waterfront is a residential development by Al Hamra Real Estate Management Services, located within Al Hamra Village in Ras Al Khaimah. The project spans two towers, Tower A and Tower B, and delivers three unit configurations: studios, one-bedroom, and two-bedroom apartments. Construction started in June 2024. Handover targets January 2027.
What It Means to Buy in Al Hamra Village
Al Hamra Village is a master-planned community in Ras Al Khaimah. The project sits within its waterfront district, as the name suggests. This matters for buyers evaluating how established the surrounding area is: the community infrastructure around this project is already in place.
Commute distance depends heavily on what you are commuting to. Ras Al Khaimah city centre is around 25 minutes from Al Hamra Village. Dubai is 60 to 75 minutes by car, depending on traffic and the specific route. That positions this address as practical for remote workers, RAK-based professionals, and second-home buyers, but not for someone making a daily office run into Dubai.
The on-site restaurants in this development are a useful indicator of the intended lifestyle here: a self-contained environment where residents can meet daily needs without driving out.
AED 1.05M to AED 2.7M: Three Products, Three Buyers
The spread from AED 1,050,000 to AED 2,700,000 is explained entirely by unit type. Three types, three price tiers.
Studios open at AED 1,050,000 and target yield investors looking for the lowest entry cost into the development. One-bedrooms begin at AED 1,700,000 and work for buyers who want genuine liveability at a step below the two-bedroom cost. Two-bedrooms start at AED 2,700,000 and suit families or owners who need the extra room, whether for a child, guests, or a home office.
The spread makes the project relevant to a wider buyer pool than a single-type development would.
Studio, One-Bed, Two-Bed: What Each Delivers
| Type | Size (approx.) | Starting Price |
|---|---|---|
| Studio | 489 sq ft | AED 1,050,000 |
| 1-Bedroom | 932 sq ft | AED 1,700,000 |
| 2-Bedroom | 1,297 sq ft | AED 2,700,000 |
Studios at 489 sq ft are compact but functional for a rental unit. One-bedrooms at 932 sq ft are comfortable for single occupancy or a couple. Two-bedrooms at 1,297 sq ft deliver a meaningful layout step-up. The jump from one-bed to two-bed is around 365 sq ft, which gives the extra room genuine usability.
What the Amenities Tell You About the Target Resident
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor & Leisure | Landscaped Gardens, Barbecue Area, Children's Play Area |
| Convenience & Services | Restaurants, CCTV Security |
The indoor pool is the unusual element here. This climate makes outdoor pools very hot to use in summer, and an indoor pool sidesteps that entirely. It is the kind of choice that matters to residents who plan to use the pool throughout the year, not just as a seasonal feature.
On-site restaurants reduce dependence on external dining. The outdoor amenity mix of gardens, barbecue space, and a children's play area points squarely at families and longer-stay residents. Investors keeping a unit purely as a rental will also find that combination appealing to prospective tenants.
On Track for January 2027
Construction broke ground in June 2024. Expected completion is January 2027. Off-plan buyers entering now have roughly 18 months of construction ahead and instalments running at 30% of the purchase price across that period.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down Payment | 20% |
| During Construction | 30% |
| On Handover | 50% |
The 20% down payment is standard for UAE off-plan. The figure that shapes financial planning is the 50% due at handover in early 2027. That is a large lump sum at the point of key collection, and buyers who underestimate it can face a last-minute squeeze. Buyers using mortgage finance need to have that in place well before the handover date. There is no post-handover instalment schedule in this plan.