Apartments for sale in Al Hamra Village

Ras Al Khaimah is one of the seven emirates of the United Arab Emirates (UAE). It has become the centre of attraction for tourists because of its mountains, resorts and recreational spots. Buying and investing in real estate of  Ras Al Khaimah is the ultimate choice for people who are working in Ras Al Khaimah and do not have to commute to other cities on a regular basis. For such people, a budget-friendly option is buying a flat instead of renting a property. Surrounded by the Persian Gulf and Al Jazeerah Beach, Al Hamra Village is one of the residential areas of Ras Al Khaimah. Currently, there are numerous villas and apartments for sale in Al Hamra Village.

Types of Apartments in Al Hamra Village

Built with exquisitely designed architecture, the apartments in Al Hamra Village represent the contemporary side of Ras Al Khaimah. The units have balconies that offer landmark views and some bedrooms showcase beachfront sights. This residence offers various options, such as studio apartments as well as 5-bedroom units that are available for purchase. The apartments are further enhanced with double glazed glass windows to allow better ventilation and an ample amount of sunlight. Most flats in Al Hamra Village have floors built with ceramic tiles, adding a chic look to the entire apartment, and built-in wardrobes that utilize the space effectively and save the cost of buying additional cupboards to store your clothes and other valuables. Thankfully, residents also have access to basement parking spaces. Some of the apartments in Al Hamra Village are furnished while others are unfurnished.  

Sale Price Trend for Apartment in Al Hamra Village

There are a lot of options for buying an apartment in Al Hamra Village. A studio for sale ranges from AED 240,000 to AED 490,000 while 2-BHK in Al Hamra Village cost anywhere between AED 550,000 to AED 2,185,575. A spacious 4-bedroom apartment costs an average of AED 2,240,968. One can opt for a mortgage by paying a 25% down payment at a 3.24% interest rate. Some apartments are available at only 5% booking fee.

Lifestyle in Al Hamra Village

Al Hamra Village is considered as one of the poshest areas of Ras Al Khaimah as it looks like an island surrounded by the Arabian Gulf. Residents get to enjoy an ultra modern lifestyle. This area is exquisitely well planned, with a broad array of housing options; the area also has a pet-friendly policy so one can take their dog out for a stroll in the neighbourhood. However, what Al Hamra Village is truly known for is its picturesque resort and golf club. Luckily for residents, Al Hamra Village has international schools and health care facilities located within its premises. For those who like to shop, Al Hamra Mall is only 8 minutes away. Spinneys is also within the community so residents can get their daily groceries from there.

Reasons for Investing in Al Hamra Village

Ras Al Khaimah is a close-knit community and is a much more affordable city than Dubai and Abu Dhabi.  There are many investment opportunities for people in Ras Al Khaimah, particularly in Al Hamra Village. Buying a property in Al Hamra Village can be considered as a good choice for people who are interested in settling down in RAK city. The units are adjacent to Al Hamra Marina and Yacht Club and other close by residential areas include Al Marjan Island, Al Mina Arab and Johar. This location is 45 minutes away from Dubai International Airport. The most important thing to consider is that properties in Al Hamra Village are tax-free.