UAE’s Al Hamra awards infrastructure works contract for Falcon Island

  • Date: 26-Apr-2023
  • Source: Saudi Gulf Projects
  • Sector:Real Estate
  • Country:UAE
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UAE’s Al Hamra awards infrastructure works contract for Falcon Island

Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, UAE 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 buyers with a 12-year UAE residency visa, a business license, and a partner visa upon a 20 per cent down payment – the development offers a hassle-free opportunity for investors, professionals, and freelancers to live and work in the UAE.

Located in the heart of the company’s