Wednesday, April 29, 2009

Al Hamra Village to handover another 1,000 luxury residential units in Ras Al Khaimah

Al Hamra Village to handover another 1,000 luxury residential units in Ras Al Khaimah

Phase 2 of development now complete, offering 400 townhouses and villas and 600 flats

April 29, 2009
Al Hamra Village, Ras Al Khaimah's exclusive luxury residential and leisure development, has announced that up to 385 townhouses and villas and some 310 flats in the Marina building have been handed over and 283 units in the marina are now getting ready for handover following the completion of Phase 2 of the development. Al Hamra Village further revealed that up to 85 per cent of units within Phase 2 has been sold out and delivery of units is expected to be completed by August 2009.

Construction on Phase 3 of Al Hamra Village, on the other hand, has been well ahead of schedule with a phased handover of units scheduled between September 2009 and March 2011. Located south of Ras Al Khaimah City, the 2.5 million square-meter residential community is a picturesque sight set against a backdrop of salt water lagoons, a championship golf course and its own marina. Al Hamra Village offers freehold property options and features an excellent range of amenities within a highly secure, safe, vibrant and luxurious community.

Romain Felber, General Manager, Al Hamra Village, said: "Ras Al Khaimah has become a popular destination for tourist and business travellers, while there is also a growing number of people who have chosen to live and take advantage of the exciting new opportunities in the emirate. Al Hamra Village has been created primarily to complement the emirate's growing reputation as a choice destination for business, leisure and home living. The unique development has been expertly designed to allow residents to fulfil their dream lifestyle and redefine the meaning of luxury living. Moreover, Phase 2 delivers a fresh supply of nearly 1,000 housing units, which will certainly address the growing demand for residential properties in the emirate."

Al Hamra Village has also disclosed that the planning for Phase 4 of the residential project is now being finalised and will begin construction soon. Aside from a range of leisure and recreational facilities, Al Hamra Village is also fully equipped with essential utilities and services such as efficient electricity and water billing through a card billing system, petrol and diesel distribution pontoon and dispensers and boating facilities within the Marina Yacht Club among others.

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