Al Hamra, the lifestyle developer and investment company in Ras Al Khaimah has announced the release of premium sea view villas on Falcon Island. The 4-5 bedroom standalone sea view villas and 3-4 bedroom canal view villas range from AED6.5 million to AED10 million and AED3 million to AED4 million respectively.
The new releases comes following the sold-out success of the 2 and 3 bedroom villas on the North and South islands.
Located within Ras Al Khaimah, Falcon Island is in close proximity of Wynn Resort, home to the UAE’s first casino.
Benoy Kurien, Group CEO, Al Hamra said, “Falcon Island, since its launch, has been serving as an investor magnet, further reaffirming the growing appetite for premium exclusive island living and Ras Al Khaimah as a destination of choice for investing, living, and playing among regional and global buyers. We have been witnessing a continual shift in the investor demand in waterfront developments and designing projects in response to our customer’s evolving needs provides us an edge, attracting both end-users and investors.
Wynn Marjan, which is set to open in 2026 in Ras Al Khaimah, will be home to a casino around 18,500 sqm in size, according to Billings.
According to the Q3 earnings call, Wynn is putting a high amount of focus on the project, with Billings noting that the project has “a very high return opportunity for us we expect. And so, that’s really the focus of our design and development efforts at the moment.”
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