Al Hamra launches $272.25 million freehold Falcon Island villa project in Ras Al Khaimah – ArabianBusiness

Al Hamra launches $272.25 million freehold Falcon Island villa project in Ras Al Khaimah – ArabianBusiness

Ras Al Khaimah-based real estate developer and investment firm Al Hamra has launched an exclusive, freehold, luxury villa project – the Falcon Island – within its Al Hamra Village residential community.

The launch of the island residential project, with a development value of $272.25 million (AED 1 billion), reaffirms the future development plans and vision of Al Hamra and the emirate of Ras Al Khaimah.

The exclusive island community project offers views of Arabian Gulf, the lagoon, the golf course, and the fully serviced marina with the Hajar Mountains at the backdrop.