Apartment for Sale in Ras Al Khaimah Al Hamra Village Al Hamra Waterfront

Description

Property: Studio Bed Room | 1 Bath Room View: Marina & Falcon Island Siz: 1314 sqft | Price: AED 1,220,000Cash & Payment Plan are open Note: 0 Commission | Free Consultation Service Charge: 12 AED per square foot Investment Details: - Payment Plan: 3 years - Payment Plan: 50/50 - Handover: Q1 2027 About Al Hamra Waterfront Elite Residences by the Sea Al Hamra Waterfront - is a premium project within the prestigious Al Hamra Village, Ras Al Khaimah. The latest phase, introduced in April 2024, features a range of residences including studios, 1-3 bedroom apartments, and 4-bedroom townhouses, starting at 441 sq. ft. Investment Opportunities Wynn Al Marjan Island — A Future Hub for Tourism Investing in Al Hamra Waterfront is a promising option for potential investors. As of Q2 2024, the starting rental price for 1-bedroom apartments in Al Hamra Village is AED 25K (USD 7K) annually. The opening of the UAE’s first casino at Wynn Resort Al Marjan in 2027 is expected to significantly increase demand for short-term rentals in nearby complexes like Al Hamra Waterfront. Investors can potentially see up to a 30% return on investment upon reselling property after construction completion. Golden Visa Eligibility Purchasing property worth AED 2M (USD 545K) or more qualifies buyers for a 10-year Golden visa, extending to spouses, children, and domestic staff. This adds an attractive incentive for investors and residents seeking long-term stability and benefits in the UAE. Al Hamra Waterfront combines luxurious living, strategic investment potential, and exclusive benefits, making it an appealing choice for discerning buyers.