Who Are Al Hamra?
Al Hamra was founded in 2003 and has spent over 20 years as the dominant lifestyle developer in Ras Al Khaimah. What makes the company genuinely different from every other developer in this guide is the breadth of what they own and operate. This is not a company that builds apartments and exits — Al Hamra owns and runs the entire ecosystem that makes their communities desirable.
The portfolio spans residential development, retail (Al Hamra Mall and Manar Mall), hospitality (Waldorf Astoria Ras Al Khaimah, The Ritz-Carlton Al Hamra Beach, Sofitel Al Hamra), golf (Al Hamra Golf Club), and marina operations (Al Hamra Marina and Yacht Club). When you buy in Al Hamra, you are buying into infrastructure managed by the same company that built it — that alignment of interests is rare and valuable.
Al Hamra has been delivering quality communities in RAK for over 20 years. The track record is not theoretical — it is built in 4,000 completed homes.
Al Hamra Village — The Flagship
Spanning 77 million square feet, Al Hamra Village is RAK's most established master-planned residential community. Over 4,000 homes — villas, townhouses, and apartments — sit within a secure, gated neighbourhood arranged around the Al Hamra Golf Club, marina, beaches, and lagoon.
The community combines traditional Arabic and modern architectural styles and has attracted a loyal global community of residents from dozens of nationalities. People have been living here year-round for years — this is the strongest proof point in all of RAK that the emirate can sustain long-term residential demand beyond tourism and holiday lets.
Al Hamra at a Glance
Bab Al Bahr — On Al Marjan Island
Al Hamra's Bab Al Bahr Residences represent the company's move onto Al Marjan Island itself — the future home of Wynn Resorts. Located directly on the island, the pyramid-shaped midrise buildings offer studios and one to three-bedroom apartments across three phases. The distinctive Arabic-inspired design — named Fayrouz, Kahraman, and Yakout — creates a visual identity that stands apart from the predominantly glass and contemporary architecture that dominates Al Marjan.
What's New: AED 3 Billion in 2025 Launches
In July 2025, Al Hamra launched two new developments with a combined investment value exceeding AED 3 billion — the largest single launch in the company's history.
Al Hamra Greens is a wellness-centric apartment community inspired by Scandinavian design philosophy. Located in Al Hamra Village opposite RAK Central, it offers 1,754 apartments across one to three bedroom layouts, all with private balconies. Views encompass RAK Central, the Al Hamra Championship Golf Course, and Wynn Al Marjan Island. The Scandinavian-meets-Gulf aesthetic is genuinely distinctive — a conscious departure from the generic luxury look that dominates the market.
Aila Homes is a townhouse community offering three and four-bedroom homes with resort-style amenities and landscaped gardens. Targeted squarely at families seeking long-term residency rather than short-term investment — the kind of product that attracts stable, quality tenants.
Interested in Al Hamra properties?
From Al Hamra Village to the new Greens and Aila Homes — we can walk you through current pricing and availability.
What's Coming: Waldorf Astoria and Ritz-Carlton Residences
The most exciting development for premium investors is Al Hamra's confirmed pipeline of ultra-luxury branded residences. The company is developing both Waldorf Astoria Residences, Ras Al Khaimah and The Ritz-Carlton Residences, Al Wadi Desert — bringing two of the world's most recognisable hospitality brands into their residential portfolio.
For investors at the ultra-luxury end of the market, these will be among the most exclusive residential addresses in the emirate. Details are still emerging but both projects are confirmed and in active development. For buyers who want the maximum credibility of a globally understood brand on a RAK property — Waldorf Astoria and Ritz-Carlton are as good as it gets.
The Honest Verdict
Al Hamra is RAK's most trusted developer for one simple reason: they have been delivering quality communities in the emirate for over 20 years. The track record is not theoretical — it is built in 4,000-plus completed homes that people have been living in, happily, for years. The 2025 launches show a company reinventing itself for RAK's new moment, and the Waldorf Astoria and Ritz-Carlton residences signal serious intent to compete at the very top of the market. For investors who want the most proven name in RAK real estate, Al Hamra is the answer.