Al Hamra awards main contract for 502-unit RAK waterfront project

  • Date: 24-May-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Al Hamra awards main contract for 502-unit RAK waterfront project

Al Hamra, a leading lifestyle developer in the Northern Emirates, has awarded the main works package for its mega waterfront residential project of Falcon Island to Dubai-based Construction and Reconstruction Engineering Company (CRC). Part of Dorra, CRC has more than 80 years of construction heritage in the Mena region and will be responsible for construction of the 502 villas and townhouses ranging from two-to-seven-bedroom on Falcon Island, featuring north and south islands. The twin island project, once ready will offer affordable exclusivity to the residents with stunning views of the Arabian Gulf, lush green Al Hamra Golf Club and all the possible amenities, it stated. Falcon Island is located in the heart of Al Hamra Village and within Ras Al Khaimah’s three-mile growth corridor panning from Al Hamra Village to Al Marjan Island where Wynn Resort, the upcoming first of its kind gaming and integrated resort in the Middle East and North Africa region is slated to open in 2026. Whilst the larger portion of the islands will be devoted to open spaces, the villas themselves offer spacious living, ranging from two to seven bedrooms. "Since its launch in March 2022, the project has consistently exceeded milestones in terms of