Handover of the ‘Bayti’ community units has begun at the Al Hamra Village development in Ras Al Khaimah (RAK), according to the developer.
Al Hamra Real Estate Development (AHRED), RAK’s largest real estate developer, said 118 townhouses have been built, with the first phase currently being released to investors.
Three-bedroom townhouses at the Bayti community start at AED 1.55 million ($422m) – which equates to AED 556 per square foot – while six-bedroom detached villas were priced at AED 3.5 million.
They have access to three recreational parks, swimming pools, a championship golf course, a 1.5 kilometre private beach and a 200-berth marina.
The Bayti units are designed and built according to LEED criteria and incorporating sustainable technology such as LED lighting, solar water heaters and district cooling.
“Bayti offers much more than just a home. As part of the flagship master planned Al Hamra Village, where 50% of the total area is dedicated to green spaces, we have specifically created a community centred on family living and family values, whether it’s as a primary residence or second home,” said Benoy Kurien, General Manager at Al Hamra Real Estate Development.
“It also reflects our commitment to delivering the highest quality possible across all our developments, from actual construction through to the well thought-out interiors and the use of sustainable technologies with LEED certification, which consume less energy and reduce consumption costs while also contributing to a higher resale value. These elements combined make Bayti a hugely appealing investment proposition to a wide variety of prospective homeowners and investors,” he added.
