Al Hamra launches Falcon Island – South residential project
The extensive new community features 262 townhouses and promises ‘affordable exclusivity’
Lifestyle developer Al Hamra has launched Falcon Island – South, the second of its twin-island residential projects. During the launch event, the developer released Phase One of South Island, consisting of two-and-three-bedroom canal, sea and garden view townhouses, as well as the remaining inventory for the North Island.
Said to be designed with a human-centric approach, South Island comprises a collection of 262 townhouses with a broad spectrum of configurations. Options include villas of two-, three-, four-, five-, and seven-bedroom units.
There are also an array of well-appointed facilities such as a gymnasium, swimming pools, a community centre, EV charging stations, walking tracks, and a tennis court, said the developer.
In March 2022, Al Hamra announced a five-year roadmap to boost investment, business, residency and tourism in Ras Al Khaimah. Later in the month, the developer announced the $272mn Falcon Island project. Phase 2 of the development was rolled out in July 2022.
Al Hamra CEO Benoy Kurien said: “Falcon Island is a ground-breaking residential offering that surpasses all previous developments in Ras Al Khaimah. If I have to define Falcon Island in two words, it would be affordable exclusivity. This project makes exclusive living reachable to aspirational individuals. We are thrilled to have received such a positive investor response for Falcon Island, which reinforces the growing confidence in Ras Al Khaimah’s value proposition.”
Located within the residential community of Al Hamra Village, Falcon Island is an exclusive upscale freehold residential neighbourhood built across twin islands, the developer noted.
The gated community gives access to many amenities, with leisure and entertainment options such as a championship golf club surrounded by lagoons, a marina & yacht club, luxury resorts and hotels, an array of food & beverage outlets, and a shopping mall, the statement concluded.
In early October 2022, the RAK Energy Summit concluded after two days of dialogue.
