Al Hamra Village A sea-side premium real estate and tourism project, Al Hamra Village is the first freehold development to be built in the city of Ras Al Khaimah. The US$ 274 million resort and residential development will consist of more than 1,350 residential units, a marina, hotels and a golf course. Located at a distance of 40 minutes from Dubai Airport, Al Hamra Village is built in three phases and will complete by 2007/2008. Investor perception and uptake has been mixed, and returns have not really been published openly. What have you heard about this project, and have you made money on it? Are you still holding your unit and finding it difficult to resale? Open up your thoughts and concerns here.
