Al Hamra’s Marina Residences Phase 3 sells out as the group awards contract for Falcon Island Development

Al Hamra’s Marina Residences Phase 3 sells out as the group awards contract for Falcon Island Development

- ENERVO Contracting & General Maintenance has been awarded with the infrastructure works contract for Falcon Island, which commenced in March 2023

- New projects are in the pipeline and will soon be unveiled in line with Al Hamra’s strategic five-year growth plan

Ras Al Khaimah, United Arab Emirates: Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, announced that its newly launched residential project, Marina Residences Phase 3, has completely sold out. The milestone coincides with progress on the group’s luxury Falcon Island development, with ENERVO Contracting & General Maintenance being awarded the infrastructure works contract.

Reaffirming Al Hamra’s commitment to bringing holistic lifestyle experiences – either by master planning and developing world-class real estate assets or partnering with international operators to Ras Al Khaimah – the milestones reinforce the ever-growing appeal of the Emirate among individual home buyers and investors.

The Marina Residences – Phase 3, an extension of the existing Marina Residences overlooking the Royal Yacht Club of Ras Al Khaimah, in the heart of the award-winning gated community of Al Hamra Village, has completely sold out. As the first off-plan project driven by Al Hamra’s exclusive ‘Live & Work’ package – a limited offer that provides