The Royal Breeze is a pre-launch property development in Al Hamrah Village, a luxury ocean and golf retreat in Ras Al Khaimah. The strategy for tourism has been to pitch this emirate as a quiet and relaxing vacation spot to up-market tourists deciding to holiday in the Emirates but who seek a fortnight-long holiday that goes beyond just the sun, sand and the sea. RAK as it’s affectionately known is now rapidly attracting investment with the launch of several ambitious real estate mega-projects designed to develop its tourism capability.
The second emirate after Dubai to permit foreign ownership and the first to pass a freehold ownership law, back in November 2005, HH Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah issued a decree allowing foreigners to own real estate in RAK Properties projects and allocated some 50 million square feet of land for freehold development. Green and fertile, Ras Al Khamiah is fourth largest of the seven emirates which make up United Arab Emirates (UAE), occupying a strategic northern location in the heart of the Middle East on the Strait of Hormuz, with the Hajjar mountains to the east, the Arabian Gulf to the west and the stunning Musandam peninsula to the north, RAK plans to leverage one of its most impressive resources - natural beauty as the only emirate to offer different types of mountains, sand dunes and beaches.
Housing a humble population of about 205,000, Ras Al Khaimah expects to lure expatriates, families, business owners and investors disillusioned with the brash nature of neighbouring Dubai, just an hour’s drive up the coast. Following the completion of the Emirates Road, reduced travelling time between Dubai and Ras Al Khaimah should also prove a draw to Dubai’s working masses wanting to escape its daily traffic horrors. Keen to ensure the emirate is not a mirror image of its neighbour, it considers Dubai to be a “benchmark” above which it can set its sights on. Low rise property developments and the option to consume alcohol freely even during Ramadan are all subtle factors which give Ras Al Khaimah added appeal.
Master Development:
Al Hamra Village
Project:
Royal Breeze
Property Type:
Apartment
No. of bedrooms:
Studio
No. of bathrooms:
1
Size of Property:
599 sq.ft.
Completion Date:
End of 2010
Finance Lenders:
HSBC, LloydsTSB
Price (All Inclusive):
AED
566,610
USD
154,247
GBP
103,842
EURO
121,669
Payment Details:
Original Price:
324,766
Premium:
225,234
Transfer Fees:
5,500
Commission:
11,110
Total Selling Price:
566,610
Amount to be Paid Now:
436,704
Payment Schedule:
60% - Paid
10% - February 2009
30% - on completion
Al Hamra Village is not just about owning a luxury home, but also about world class amenities and facilities. This would include Boutique Hotels & Restaurants, an 18-hole Golf Course, Private Beaches, Water sports etc..
For those who choose to be still connected to the outside world, the latest telecommunication facilities would be available. State of the art security on site would ensure your safety and privacy.
Abyaar Real Estate
Development Company is a leader in the provision of exceptionally high quality real-estate. www.abyaar.com