|
What is the Al Hamra Village?
The Al Hamra Village project is a
AED 2.5 billion premium real estate and tourism project in the northern
Emirate of Ras Al Khaimah, renowned for its stunning natural scenery and
laid back pace of life. Al Hamra Village is a luxury development – unique in
the world in that it combines the sea/beach, a natural lagoon and a
championship golf course stretching around the lagoon. The buildings
respect the serenity of this beautiful natural world with a limited number
of apartment buildings, townhouses and an ultra-luxury 7-star hotel. The
development also includes a marina and a shopping mall.
Steve Williams, Chief Operating
Officer of Lloyds TSB Group Middle East, said of the development: “Al Hamra
Village is a breathtaking development. It provides a unique contrast to the
other residential developments in the UAE being so wonderfully located
amongst the mountains of RAK. With prices lower than in Dubai, we are
seeing lots of people consider properties here as second homes – luxurious
beach side retreats seemingly miles from the hustle and bustle of Dubai, yet
easily accessible.”
Where is Ras Al Khaimah?
Ras Al Khaimah (RAK) is an
Emirate of the United Arab Emirates and is arguably the most scenic of the 7
emirates. The Emirate boasts of a varied landscapes ranging from fertile
plains, mountains and desert regions. The 64 km of virtually untouched
coastline of the Arabian Gulf is a tourists delight.
The Emirate has an International
Airport which is located about 18 km from the city center, and Dubai Airport
is only 76 km from Al Hamra Village. Well connected to the other emirates
by modern highways, RAK has an efficient infrastructure which supports the
growth of trade and business and is currently poised to become one of the
most dynamic economies amongst the emirates in the UAE.
The real estate market in RAK is
virtually untapped and has great potential for growth. Unlike clutter
housing styles seen everywhere around Dubai, Ras al Khaimah is focused on
tranquillity, constructing highly luxurious and exclusive resort style
developments along its beautiful waterfront. Ras al Khaimah has a fast
growing business free zone, and has recently announced the creation of the
new Ras al Khaimah Financial City, which will house banks and financial
institutions in a regulated free zone.
What is The Royal Breeze?
The Royal Breeze are a group of 7
top-end apartment buildings within Al Hamra Village and will be built to the
highest standards and include facilities such as a gym and swimming pool.
The Royal Breeze 1 is nearest to the marina, lagoon waterway and private
beach, with building 7 at the edge of the development near the phase 3 plot.
Each building has a total of
between 9 and 15 residential floors. The buildings contain studio,
one-bedroom and two-bedroom apartments. One car parking space is provided
with each studio and one-bedroom apartment, and two spaces with each
two-bedroom apartment. All apartments include high-quality fitted kitchens
(excluding appliances), fitted wardrobes and central air conditioning.
How much is the maintenance fee?
The maintenance fee (service
charge) will be around AED 7 per sq ft per year.
What does The Royal Breeze logo
represent?
The logo reflects the timeless
elegance, beauty and relaxed atmosphere of these apartments. Two dolphins
flank the sides like a royal crest, and reflect the life and diversity of
the surrounding sea. Above them is a crown that marks the rich flora and
fauna environment. And between their tails, a pearl represents the golf
course set around water.
Who is the developer?
The developer is Al Hamra Real
Estate Development LLC, a government company owned by H.H. Sheikh Saud Al
Qassimi, Ruler & Crown Prince of Ras Al Khaimah.
Is ownership on a freehold basis
and can I get a resident visa?
Yes. The Royal Breeze is offered
on a fully freehold basis, and the property will be registered with The
Lands Department upon completion. As in Dubai, resident visas are available
to property owners and their immediate family under the sponsorship of the
developer.
What is the construction status
of Al Hamra Village and The Royal Breeze?
Al Hamra Village is an existing
natural lagoon, with a 5-start hotel – the Al Hamra Fort Hotel & Resort.
The 200-berth marina is ready and the Marina Club will be ready at the end
of 2007. The Peter Harradine–designed, 18-hole championship golf course
will be ready in two phases – the first 9 holes are ready and the rest will
be ready in Q4-2007. The shopping mall will be ready towards the end of
2007.
The Royal Breeze and the
ultra-luxury, Maurizio Papiri–designed Al Hamra Palace Hotel will be ready
by end of 2009.
Are mortgages available for The
Royal Breeze?
Yes. Mortgages are available
from three banks – LloydsTSB, HSBC and CBI – to both residents and
non-residents purchasing apartments in The Royal Breeze. Mortgages can only
be arranged after payment of 45%. Please contact the banks directly for
more information. The contact details are:
Lloyds TSB – Dawn Culbert +971
506246842...; www.lloydstsb.com.sg
HSBC – Sam Burras +971
.43290269..
CBI – Mohammed Ayub +971
509048778...
|
