RAS AL-KHAIMAH, UAE, July 20, 2022, /PRNewswire-AsiaNet/--

Al Hamra, the leading lifestyle developer and investment firm in Ras Al

Khaimah, UAE has announced the second phase of its exclusive island residential

community project, Falcon Island, with standalone sea view villas at a starting

price of AED6.2M.

This follows the successful sale of Phase 1, comprising two, three, and

four-bedroom townhouses with prices starting from AED1.2M.  

Phase 2 has an inventory of 127 semi-attached townhouses with canal views and

standalone sea view villas. Investors can benefit from flexible payment

options, including upfront post-handover plans.

Falcon Island is located within the award-winning Al Hamra Village residential

community, which falls in Ras Al Khaimah's growth corridor spanning from Al

Jazeera Al Hamra to Al Marjan island.

Alongside ultra-chic architecture, open tranquil spaces, and unparalleled

amenities, the design, and construction of Falcon Island residences will follow

a conscious eco-friendly approach upholding the highest standards of energy

efficiency, water conversation, and pollution control.

This will be accomplished through environmentally friendly initiatives like

tapping solar power, leveraging certified green products, and low-emission

materials. Each unit features dedicated charging stations for electric cars and

buggies.

Construction is due to commence in September 2022 with completion in two years.

Benoy Kurien, Group CEO, Al Hamra, said: "The strong international investor

response to Phase 1 reflects on the quality of the offering, long-term returns

assured by Falcon Island, and popularity of Ras Al Khaimah as a preferred

destination for living and holidaying. We are confident of a similar response

to Phase 2. This ambitious development is part of our strategic five-year

roadmap, from 2023-2027, to drive sustained growth through projects in

alignment with the vision to establish the Emirate as one of the leading

investment, business, residential, and tourism destinations."

Among other significant highlights is the proximity to the world-class

championship Al Hamra Golf Club and Al Hamra Marina and Yacht Club, featuring a

ferry to and from the marina where you can park your boat and enjoy a ferry

ride back home. Community amenities include swimming pools, a gym, a community

centre, walking tracks, and a tennis court.

Ras Al Khaimah, one of the seven Emirates that form the UAE, is today the

fastest-growing tourism and investment destination in the country.

For details: communications@alhamra or call 800 AL HAMRA.

Video: Falcon Island

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Image - https://mma.prnewswire.com/media/1862896/Falcon_Island_by_Al_Hamra.jpg

SOURCE: Al Hamra