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Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, has announced the launch of Marina Residences Phase 3, a new 318-waterfront apartment building in the heart of Al Hamra Village. This award-winning residential community is renowned for its seafront, lagoon-view villas, and apartments. An extension of Marina Residences, the popular midrise residential buildings, the new project will comprise studios and one-and two-bedroom apartment and comes after the completion of Phase 2 of Marina Residences in 2009.
At a starting price of AED 450,000, Marina Residences Phase 3 will be the first off-plan residential project fuelled by Al Hamra’s ‘Live & Work’ package. The limited offer, valid for 6 months from the launch, provides buyers with a 12-year UAE residency visa, a business license, and a partner visa with the option of availing of the residency upon making a down payment of 20 percent of the total value.
“We have seen extraordinary investor appetite for premier lifestyle experiences, quality developments, and world-class services. Ras Al Khaimah is one of the most liveable destinations in the world, which has been reinforced by its inclusion in Time magazine’s list of the world’s 50 greatest places of 2022. We are thrilled to see people worldwide choosing Ras Al Khaimah and our developments for living, holidaying, and investments. With the launch of Marina Phase 3, we are offering affordable options for those wanting to enjoy waterfront community living while having access to world-class amenities. Topping it with the ‘Live & Work’ package gives them a freedom of choice to effortlessly start their own business while cutting heavily on the overheads,” said Benoy Kurien, Group CEO, Al Hamra.
Marina Residences Phase 3 – A truly distinctive waterfront residential project
Designed with the end-user in mind, every room in the apartment comes with a balcony. The one- and two-bedroom apartments include a laundry room and a dresser. Residents will access all standard amenities, including swimming pools, community gyms, beach access, and kids’ play areas.
Location Is Everything
Marina Residences Phase 3 is located in the heart of Al Hamra Village, the only fully integrated gated community in the UAE, which is within walking distance of approximately 12 restaurants, beaches, lagoons, a marina, yacht club, a shopping mall, waterfront walkways as well as a championship golf club which hosts the DP World Tour. 5-star hotels and resorts, Al Hamra Mall, a medical center, and 24/7 supermarkets are all within a five-minute drive, while the upcoming world-famous Wynn Resort is a 10-minute ferry ride away.
Contact And Location
Phone – +971 50 159 7700
