Tower E: studios, 1 and 2 beds from AED 1.4M

A waterfront apartment should be assessed unit by unit

Completion is phased across the five towers, while layout, floor, orientation and payment timing vary by unit. Compare the exact apartment rather than relying on one project-level headline.

DeveloperAl Hamra

Homes667 residences

Current inventoryStudios, 1 and 2 beds

DeliverySemi-furnished

Starting price

AED
1.4M

Approximately USD 381,000

Current inventory: Studio, 1 & 2 bed
Payment plans: 40 / 60 or 30 / 70*
Service fee guide: AED 12 / sq. ft.*
Tower E completion: Q1 2029*

View Al Hamra Waterfront property page

*Prices, availability, payment terms, fees and dates are subject to confirmation.

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Review the wider Al Hamra Village layout, waterfront position and nearby community landmarks before comparing individual units.

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Independent buyer briefing

Al Hamra Waterfront Ras Al Khaimah: what buyers should know

Al Hamra Waterfront is an off-plan residential development by Al Hamra in Al Hamra Village, Ras Al Khaimah. The project contains 667 semi-furnished waterfront apartments across five 18-storey towers. Towers A to D are sold out from the developer and Tower E is the remaining developer-availability phase. Current Tower E stock is reported to include studios, one-bedroom and two-bedroom apartments only, with three-bedroom homes out of stock. Resale properties may also become available across the earlier towers.

The completion date is phased rather than universal: Towers A and B are anticipated for Q1 2028, Towers C and D for Q3 2028, and Tower E for Q1 2029. Availability, price and incentives must be reconfirmed for the exact unit.

Developer rendering of Al Hamra Waterfront towers around the marina — Developer rendering showing the waterfront and marina setting. Final landscaping, water views and built form should be verified against the sale documents.

Four checks before choosing a unit

The headline specifications are only the starting point

01

Confirm the tower

Handover is phased from Q1 2028 to Q1 2029. Ask for the exact tower and contractual completion date before comparing Tower E developer stock with resale options.

02

Reconcile the payment ledger

Check the seller's paid amount, next instalment, handover balance and any overdue sums. Original payment schedules can differ by unit type.

03

Test the view

Marina, open water, community and Al Marjan Island outlooks depend on orientation, level and future sight lines. Obtain the marked plan.

04

Price the ownership costs

Use the saleable area to estimate the annual service charge, then add utilities, insurance, furnishing and rental-management costs where relevant.

Phased completion

Al Hamra Waterfront handover dates by tower

The Al Hamra Waterfront handover date and completion date are not the same for every building. The supplied anticipated schedule separates the five towers into three delivery phases running from Q1 2028 to Q1 2029, so a single Q4 2028 label does not accurately describe the project.

Phase 01 Towers A and B 31 March 2028
Anticipated Q1 2028

Phase 02 Towers C and D 30 September 2028
Anticipated Q3 2028

Phase 03 Tower E 31 March 2029
Anticipated Q1 2029

Buyer note

These are anticipated dates in the supplied schedule, not a guarantee. The SPA, construction notices, authority approvals and any contractual grace period govern the legal delivery position for an individual unit.

Developer rendering of the Al Hamra Waterfront residential tower cluster — The project is planned as five apartment buildings distributed across the waterfront development. Image is indicative.

Original contract cash flow

Al Hamra Waterfront payment plan: Tower E and resale cash flow

The current promotional Al Hamra payment plans are reported by unit type: 40% before handover and 60% at handover for selected studios and one-bedroom homes in Al Hamra Waterfront and Al Hamra Greens, and 30% before handover with 70% at handover for selected two-bedroom homes. The original project structure was 20/30/50. Buyers must use the reservation form and SPA for the exact apartment because promotional schedules can change.

Payment structures supplied for comparison

Applicable homes	Construction period	At handover	Practical buyer check
Studio and 1 bedroom	40%	60%	Current 40/60 promotion is reported for selected Al Hamra Waterfront and Al Hamra Greens units.
2 bedroom	30%	70%	The larger handover balance needs separate cash-flow and mortgage planning.
Earlier 20/30/50 contracts	20% down payment plus 30% during construction	50%	Relevant when checking earlier reservations and resales. The signed contract controls.

What changes on the secondary market?

A resale buyer normally pays the seller's agreed premium or discount and takes over the remaining developer instalments, subject to the SPA, developer approval and NOC process. The original payment plan does not restart.

Resale is noted as permitted after 30% of the purchase price has been paid. Buyers should confirm that the threshold is met and ask for a current developer statement before signing an MOU or transferring funds.

Additional investor benefits

Al Hamra buyer incentives beyond the apartment

Eligible buyers may receive a wider developer incentive package alongside selected Al Hamra property purchases. The current promotion highlights long-term residency support, a complimentary business licence, ticket benefits and a reduced land registration charge. These benefits can add practical value for international buyers who want to live, work or establish a business in Ras Al Khaimah, but eligibility must be confirmed for the selected Tower E apartment before reservation.

Residency support Up to 12 years

Al Hamra's Live & Work programme promotes a 12-year UAE residence visa, renewable every two years, for eligible property buyers.

Business setup Free licence

The published package includes a trade licence with 100% business ownership, one partner or manager visa and a flexi-desk, subject to approval.

Registration cost Pay 2%, not 4%

The current promotion advertises a 2% land registration fee instead of 4%, potentially reducing the upfront transaction cost by two percentage points.

Lifestyle extras Free tickets

Complimentary ticket benefits are promoted for eligible purchasers. Confirm the included attractions, quantity, validity period and transfer rules in writing.

Why these incentives matter to an investor

A lower registration charge can reduce acquisition costs, while residency and business-setup support may simplify relocation or entrepreneurship in Ras Al Khaimah. Al Hamra states that its Live & Work benefits can be available from a 20% down payment, but the exact property, purchaser, visa, licence and promotion conditions remain subject to developer and authority approval.

See all Al Hamra buyer benefits and conditions

Layouts and fit-out

Al Hamra Waterfront apartments: sizes and semi-furnished delivery

The original brochure lists studios through three-bedroom apartments, all with private balconies. Current developer availability is reported as studios, one-bedroom and two-bedroom homes only; three-bedroom apartments are currently out of stock. The published areas below remain useful for comparison and should be checked against the specific unit schedule.

Published apartment area ranges

Unit type	Area in sq ft	Area in sq m	Useful comparison point
Studio	466 to 500.5	43.30 to 46.50	Compare storage, balcony depth and sleeping-zone separation.
1 bedroom	802.9 to 935.3	74.60 to 86.90	Check whether the price premium reflects floor, view or usable internal area.
2 bedroom	1,314.2 to 1,478.9	122.10 to 137.40	Review bedroom privacy, bathroom count and the handover balance.
3 bedroom	1,682.3 to 1,938.5	156.30 to 180.10	Currently out of developer stock; monitor verified resales if this layout is required.

Indicative Al Hamra Waterfront living room with marina view — Indicative living area and waterfront outlook. View and furniture are not contractual.

Indicative kitchen and living finish at Al Hamra Waterfront — Brochure finish palette with integrated living and kitchen space. Loose furniture is illustrative.

Semi-furnished does not mean fully furnished

The brochure identifies porcelain flooring, fitted kitchen joinery, quartz worktops, wardrobes and bathroom finishes, while stating that furniture shown in the images is illustrative and not included. Ask for the contractual finish schedule and appliance list for the exact unit.

Location and outlook

Al Hamra Waterfront location within Al Hamra Village

For buyers comparing Al Hamra properties and property for sale in Al Hamra Village, the investment case is tied to a functioning coastal community rather than a standalone building. Residents are positioned near Al Hamra Marina, the Royal Yacht Club, Al Hamra Golf Club, Al Hamra Mall, hotels, dining and beach facilities.

Developer literature places Wynn Al Marjan Island under ten minutes away by road and references a short sailing connection to the resort and casino area. Those timings are indicative and should not be treated as guaranteed transport services.

For view-led buyers, request the unit's compass orientation, tower stacking plan and floor level. A broad description such as "waterfront view" can represent different sight lines toward the marina, open sea, Al Marjan Island or other buildings.

Amenity due diligence

What should buyers verify about the advertised amenities?

The project listing already covers the facilities. A buyer should instead establish how the beach, marina, pools, wellness areas, pet facilities, retail and coworking spaces will operate in practice.

Who can use each facility?

Confirm which areas are reserved for residents, shared with visitors or retail users, and whether access requires booking or an additional fee.

What is included at handover?

Ask whether every advertised facility is scheduled with the selected tower or belongs to a later phase of the wider waterfront master plan.

How will it affect annual costs?

Pools, landscaping, the promenade, fitness spaces and pet facilities require ongoing management. Compare the first approved budget with the early AED 12 estimate.

What rules protect residential use?

Request the community rules covering guests, pets, short stays, BBQ areas, padel bookings, beach access, noise and commercial activity.

Indicative panoramic swimming pool at Al Hamra Waterfront — Developer rendering of the pool and waterfront landscape. Final facilities, access rights and operating arrangements are subject to delivery and community rules.

Rental and resale strategy

Can Al Hamra Waterfront apartments be used for short-term rentals?

Short-term rental use is listed as permitted, but this should be treated as eligibility rather than a guaranteed operating model. The owner or appointed manager must still comply with licensing, registration, building access and community rules in force at the time of operation.

Build a realistic net-income estimate

Start with achievable occupancy and nightly-rate evidence, then deduct management commission, booking-platform costs, cleaning, utilities, consumables, insurance, service charges and maintenance. Do not use gross revenue as the investment return.

The approximate AED 12 per sq ft annual service charge is useful for early modelling, but the first approved budget and the area stated on the title documents will determine the actual amount.

Side-by-side unit analysis

Use one scorecard for every shortlisted apartment

Two units with the same bedroom count can represent very different purchases. Record the evidence below before deciding which asking price is stronger.

Evidence to collect for each shortlisted apartment

Comparison field	Evidence to request	Why it changes the decision
Contract position	Reservation form or SPA, addenda, statement of account and payment receipts	Establishes the paid amount, next instalment and any resale-transfer eligibility.
Tower and timing	Tower letter, developer notice and contractual completion clause	Separates Q1 2028, Q3 2028 and Q1 2029 delivery expectations.
Price basis	Developer price or original purchase price, current asking price and unpaid balance	Prevents a low cash-to-seller figure from being mistaken for the full acquisition cost.
View and layout	Marked floor plan, stack, floor, orientation and balcony position	Tests whether the premium reflects a materially better outlook or usable plan.
Fit-out	Contractual finish schedule, appliance list and parking allocation	Clarifies what semi-furnished delivery actually includes.
Operating plan	Latest community rules, rental licence requirements and management quote	Shows whether the intended personal or short-term rental use is practical.

Buyer questions

Al Hamra Waterfront buying and ownership FAQs

Which Al Hamra Waterfront towers are still available from the developer?

Towers A, B, C and D are sold out from the developer. Tower E remains the developer-availability phase, with studios, one-bedroom and two-bedroom homes currently reported as available. Three-bedroom apartments are out of stock, while verified resales may appear across the earlier towers.

What is the current starting price at Al Hamra Waterfront?

Current developer inventory is reported to start from AED 1.4 million. The entry price can move with unit type, size, floor, view, payment schedule and promotion, so request a dated availability list before comparing options.

Which payment plan applies to each available apartment type?

Selected studios and one-bedroom homes are currently promoted on a 40/60 plan, while selected two-bedroom homes use 30/70. These schedules place 60% or 70% at handover, so the signed reservation and SPA must be checked before purchase.

What additional benefits can an eligible Al Hamra buyer receive?

The current promotion highlights long-term residency support, a complimentary business licence, ticket benefits and a 2% land registration fee instead of 4%. The exact property, purchaser and authority eligibility must be confirmed in writing.

Is the Al Hamra visa benefit automatically included with every Tower E unit?

No. Al Hamra's Live & Work programme applies to eligible ready and selected off-plan properties. Confirm that the exact Tower E unit qualifies, what visa category is issued, who can be included, when the benefit activates and whether any renewal or processing costs remain.

How do I compare two resales with different amounts already paid?

Compare the total economic cost, not only the cash requested by the seller. Add the seller payment, remaining developer balance, applicable transfer and registration costs, agency fee, and any overdue or upcoming instalments.

Which documents should I see before paying a resale deposit?

Request the signed SPA and addenda, seller identification, current developer statement of account, payment receipts, marked unit plan, parking allocation and written NOC or transfer requirements. The seller's ownership and authority to sell must also be verified.

How can phased handover change a rental comparison?

An earlier tower may begin personal use or rental operation before a later one, but it may also open while other phases are still under construction. Model both the timing benefit and the possible temporary disruption.

What should be checked when a resale is described as semi-furnished?

Use the SPA finish schedule and appliance list, not rendering images or a seller's general description. Confirm fitted wardrobes, kitchen appliances, sanitaryware, lighting, window treatments, loose furniture and any seller upgrades separately.

How can I verify a marina, sea or Wynn-facing outlook?

Obtain the tower stacking plan, marked floor plan, compass direction and floor level, then compare them with the master plan and expected future buildings. A view label should not replace orientation evidence.

Can short-term rental operations begin immediately after handover?

Not automatically. The apartment must be completed and handed over, and the owner or manager must satisfy the licensing, registration, access and community requirements in force at that time.

What costs should be modelled beyond the resale asking price?

Include the unpaid developer balance, applicable transfer and registration charges, agency fee, service charges, utilities, insurance, furnishing, maintenance and rental-management costs where relevant. Verify every current fee before signing.

What is the main risk of buying based only on the brochure?

Brochures show the intended design, not the full legal position of one resale. The SPA, unit schedule, payment ledger, completion clause, approved plans and community rules determine the buyer's actual rights and obligations.

How does buying in Tower E differ from buying a resale?

Tower E is the remaining developer-availability phase and is anticipated for Q1 2029. A direct purchase follows the developer's current price, reservation and payment terms, while a resale includes a seller agreement, paid amount, remaining balance, NOC and transfer process.

Is Tower E automatically better because it remains available?

No. Tower E may offer a direct developer route and more time before completion, while an earlier-tower resale may offer a different view, layout, price or earlier anticipated handover. Compare the exact unit rather than the tower's sales status alone.

Should I compare the total price or price per square foot?

Use both. Total price determines the cash commitment, while price per square foot helps compare differently sized apartments. Neither measure captures floor, orientation, balcony usability, payment timing or view quality on its own.

How can I estimate the annual service charge?

Multiply the applicable chargeable area by the indicative AED 12 per square foot estimate. Treat the result as an early budget only because the approved service-charge rate and chargeable area may differ at handover.

What should be confirmed about parking and storage?

Check the number, location and legal allocation of parking spaces in the SPA or unit schedule. Do the same for any storage room because marketing plans or seller statements do not establish ownership rights.

Can an overseas buyer purchase using a Power of Attorney?

Potentially, subject to a correctly drafted and authenticated Power of Attorney that is accepted by the developer, bank and relevant authority. Confirm the wording and attestation process before relying on it for reservation or transfer.

Does pet-friendly mean every tenant can keep any pet?

No. A pet-friendly project can still apply rules covering pet type, size, registration, shared-area access and owner responsibility. Tenants must also follow the terms of their tenancy agreement.

What is the Al Hamra Waterfront Tower E handover date?

Tower E is anticipated for completion on 31 March 2029, which falls in Q1 2029. This is an anticipated project date; the reservation documents, SPA, developer notices and any contractual grace period govern an individual purchase.

How should an investor plan for the 60% or 70% handover payment?

Set out the handover date, available cash, expected mortgage eligibility and a contingency for valuation or lending changes. Do not assume the future mortgage will cover the entire balance; obtain independent finance advice and keep sufficient liquidity.

What does the Al Hamra Waterfront masterplan include?

The masterplan comprises five 18-storey apartment buildings distributed across waterfront clusters, with a separate duplex townhouse component shown in the developer brochure. Current townhouse availability is not listed and must be checked separately.

Is this one of the new off-plan projects in Al Hamra Village?

Yes. Al Hamra Waterfront launched in July 2024 and remains under construction. It is one of the newer waterfront developments in Ras Al Khaimah within the established Al Hamra Village community.

Continue your comparison

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RAKcompare disclaimer: Information is provided for general comparison and guidance. Prices, availability, payment plans, service charges, specifications, views, completion dates, resale conditions, rental arrangements and promotions may change without notice. Visa, business-licence, ticket and registration-fee benefits are subject to property eligibility, purchaser eligibility, developer terms and approval by the relevant authorities; they should not be treated as guaranteed until confirmed in writing. Images, plans, distances and project information may be indicative. Buyers should verify all current information, contractual terms and applicable fees before reserving or purchasing a property. Investment returns and capital appreciation are not guaranteed and remain subject to market conditions. Final terms are governed by the developer, seller, relevant authorities and signed contractual documents.

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