Al Hamra, Ras Al Khaimah’s leading lifestyle developer and real estate investment company, has unveiled two landmark residential developments, Al Hamra Greens and Aila Homes, with a combined investment exceeding AED 3 billion. Launched on July 5, 2025, at a grand event at Madinat Jumeirah in Dubai, attended by over 1,000 brokers and industry stakeholders, these projects mark a significant step in elevating Ras Al Khaimah’s real estate landscape. Within 24 hours of the announcement, 38% of the combined projects were sold, underscoring strong market demand.
Al Hamra Greens: A Wellness-Centric Community
Al Hamra Greens is a wellness-focused residential community inspired by Scandinavian design, rooted in the philosophy of “Reconnect with Living.” Strategically located opposite RAK Central, Ras Al Khaimah’s upcoming flagship live-work-play destination, the project offers panoramic views of RAK Central, the Al Hamra Championship Golf Course, and Wynn Al Marjan Island.
The development comprises 1,754 apartments in 1- to 3-bedroom configurations, each featuring private balconies for seamless indoor-outdoor living. Sustainability is a cornerstone of the project, with eco-technologies such as solar panels, water recycling systems, and smart energy solutions integrated into the design. Apartments are finished with designer touches, including porcelain tile floors and spacious terraces.
Key Features of Al Hamra Greens
| Feature | Description |
| Units | 1,754 apartments (1-3 bedrooms, 65-162 m²) |
| Price Range | $350,000-$803,000 |
| Completion | Q1 2028 |
| Eco-Technologies | Solar panels, water recycling, smart energy systems |
| Amenities | 15 km bike paths, heated infinity pools, private Blue Flag beach, yoga platforms, STEM labs, pet-friendly parks |
| Access | 18-hole Al Hamra Golf Club, 220-berth marina |
| Location | Opposite RAK Central, 0 min to Al Hamra Mall, 5 min to golf club/marina, 10 min to Wynn Resort, 45 min to Downtown Dubai |
| Investment | 8.1-9% yield, +22% value growth in 2024, +50% by 2030, Golden Visa eligibility ($540,000+) |
The project’s infrastructure enhances its appeal, offering 15 km of bike paths, heated infinity pools, a private Blue Flag beach, yoga platforms, STEM labs, and pet-friendly parks. Residents will also enjoy access to the 18-hole Al Hamra Golf Club and a marina accommodating 220 yachts. With a completion date set for Q1 2028, Al Hamra Greens is positioned as a prime investment opportunity, offering estimated yields of 8.1-9% and significant value growth, with projections of +22% in 2024 and +50% by 2030. The project also qualifies for the UAE’s Golden Visa for investments starting at $540,000.
Aila Homes: Exclusive Townhouse Living
Aila Homes is an exclusive townhouse community featuring 200 premium 3 and 4-bedroom townhouses within Al Hamra Village. Designed with clean, contemporary architecture and a community-centric layout, each townhouse offers expansive indoor living areas and private gardens, creating a serene and luxurious living experience. The project has already seen remarkable success, with over 50% of units sold before the official launch, reflecting strong buyer interest.
Key Features of Aila Homes
| Feature | Description |
| Units | 200 premium 3 and 4-bedroom townhouses |
| Design | Contemporary architecture, community-centric layout |
| Features | Expansive indoor living areas, private gardens, seamless access to amenities |
| Sales Status | Over 50% sold before official launch |
| Location | Al Hamra Village, Ras Al Khaimah |
| Access | 18-hole championship golf course, 220-berth marina, luxury hotels (Waldorf Astoria, The Ritz-Carlton, Al Hamra Beach, Sofitel Al Hamra Beach Resort, Al Hamra Village Hotel & Residences) |
Located within the master-planned Al Hamra Village, Aila Homes residents will have direct access to a wealth of amenities, including an 18-hole championship golf course, a 220-berth marina, and luxury hospitality options such as Waldorf Astoria, The Ritz-Carlton, Al Hamra Beach, Sofitel Al Hamra Beach Resort, and Al Hamra Village Hotel & Residences. The project’s design emphasizes community and connectivity, making it ideal for families and professionals seeking a balanced lifestyle.
Al Hamra’s Vision for Ras Al Khaimah
Benoy Kurien, Group CEO of Al Hamra, emphasized the significance of these developments: “With Al Hamra Greens and Aila Homes, we are introducing unique residential concepts that directly respond to customer demand. These developments offer balanced, meaningful lifestyles rooted in nature, fostering a strong sense of belonging, with a clear focus on the end-user.” This vision aligns with Al Hamra’s broader mission to transform Ras Al Khaimah into a premier destination for investment, business, residential living, and tourism, in line with the Emirate’s Vision 2030.
The rapid sell-out of 38% of the combined projects within 24 hours highlights the growing confidence in Ras Al Khaimah’s real estate market. Al Hamra’s track record, with a portfolio valued at over $1 billion and a 100% project completion rate, further bolsters investor confidence.
Impact on Ras Al Khaimah’s Real Estate Market
The launch of Al Hamra Greens and Aila Homes is poised to elevate Ras Al Khaimah’s status as a leading destination for luxury living and investment. Al Hamra Village, a gated coastal community, already boasts a high return on investment (ROI) of approximately 7.4%, according to Property Finder. The addition of these premium developments is expected to further drive demand, particularly among expatriates and international investors drawn to the emirate’s growing economic zones, such as the Ras Al Khaimah Economic Zone (RAKEZ), which hosts over 15,000 companies across 50 industries.
The projects’ strategic location within Al Hamra Village, combined with world-class amenities and a focus on sustainability, positions them as key contributors to Ras Al Khaimah’s evolving skyline. The proximity to attractions like Al Hamra Mall, the golf club, marina, and upcoming developments like RAK Central and Wynn Al Marjan Island enhances their appeal for both residents and investors.
About Al Hamra
Al Hamra is a distinguished lifestyle development and investment company, shaping Ras Al Khaimah’s real estate and investment landscape since 2003. With a portfolio that includes high-end residential, retail, hospitality, leisure, and entertainment experiences, Al Hamra is committed to delivering world-class developments. The company’s vision aligns with Ras Al Khaimah’s Vision 2030, aiming to establish the emirate as a premier destination for investment and luxury living.
