Falcon Island

Al Hamra Village - Falcon Island, Ras Al Khaimah · by Al Hamra Developers

Starting priceAED 30,000,000

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Key Project Information

Official Project Name
Falcon Island
Location
Al Hamra Village - Falcon Island, Ras Al Khaimah
Developer
Al Hamra Developers
Property Type
Residential
Building Configuration
Not published
Residence Types
2 Bed Townhouse, 2 Bed Semi-Detached Canal View, 3 Bed Semi-Detached, 4 Bed Semi-Detached, 4 Bed Villa, 5 Bed Villa, 7 Bed Beach Villa FIS 11A
Furnishing
Semi Furnished
Beach Access
Direct Access
Standard Payment Plan
25/20/15/4025/20/15/40
Handover
FIS 11A: Date not confirmed (original South Island target Q2 2026)
Short-term Rental
Allowed
Est. Service Charges
AED 6 / sq ft / yr
Resale
30%
Pets Allowed
Yes
North Island (FIN) scheduled handover
31 March 2026 (Q1 2026)
South Island (FIS) scheduled handover
30 June 2026 (Q2 2026)
Current developer inventory
1 villa: FIS 11A, 7BR Beach Villa (AED 30M)
Original development
502 homes; villas, semi-detached homes and townhouses
Exclusive advantageSpecial Payment Plans, Business License, Air Tickets and more

About

Falcon Island by Al Hamra is a gated waterfront residential community in Al Hamra Village, Ras Al Khaimah. Its North and South Islands combine low-rise villas and townhouses with landscaped surroundings, beaches and lagoon-side living. Last Developer Beach Villa Only one…

About

Falcon Island by Al Hamra is a gated waterfront residential community in Al Hamra Village, Ras Al Khaimah. Its North and South Islands combine low-rise villas and townhouses with landscaped surroundings, beaches and lagoon-side living.

Last Developer Beach Villa

Only one original developer home remains in the supplied offers: FIS 11A, a seven-bedroom Beach Villa on South Island, offered at AED 30,000,000. The villa has a built-up area of 7,500 sq ft and a 14,886 sq ft plot. All other original developer homes are sold out; their layouts are historical references, with resale dependent on individual listings.

Island Lifestyle and Location

The community is planned around private island-style living, beach access, walking routes, swimming pools, tennis and fitness facilities. Al Hamra Village also provides access to its marina, yacht club, golf course, hotels and retail. This setting is particularly suited to buyers prioritising family space, privacy and waterfront surroundings rather than high-rise residences.

North and South Island Handover

The supplied development schedule lists North Island (FIN) for 31 March 2026 (Q1) and South Island (FIS) for 30 June 2026 (Q2). FIS 11A is on South Island. These are scheduled dates, not independently confirmed physical handover.

Payment Options for FIS 11A

The September 2026 developer offers provide two options for the same AED 30 million villa: 60/40 with 40% paid over 36 months after handover, or 40/60 with 60% paid over 24 months after handover. The Payment Plan & Cash Flow calculator uses the 60/40 option; the separate 40/60 offer is shown for comparison in the payment section.

About Developer

Al Hamra is a Ras Al Khaimah-based real estate and lifestyle developer active since 2003. Its portfolio spans residential communities, hotels and resorts, golf, marina facilities, retail and leisure destinations. Rather than developing isolated buildings, Al Hamra has built integrated neighbourhoods where homes sit alongside hospitality, recreation and everyday services.

Its flagship Al Hamra Village is a 77 million sq ft master-planned waterfront community with more than 4,000 homes. The area incorporates lagoons, beach frontage, an 18-hole championship golf course and a marina. This existing community setting is relevant to Falcon Island buyers, who gain a low-rise island residential environment within a wider established Al Hamra destination.

Other projects in the developer portfolio include Al Hamra Waterfront, Al Hamra Greens, Bayti Homes and residential developments such as Royal Breeze. Its wider hospitality and leisure portfolio includes Waldorf Astoria Ras Al Khaimah, The Ritz-Carlton Ras Al Khaimah Al Hamra Beach, Sofitel Al Hamra Beach and the Royal Yacht Club of Ras Al Khaimah. These are examples of the developer’s broader experience, not facilities or hotel services automatically included with Falcon Island ownership.

Within this portfolio, Falcon Island extends Al Hamra’s waterfront residential offering through gated North and South Island neighbourhoods with villas and townhouses. The remaining FIS 11A Beach Villa is part of South Island, while the original community also includes smaller home types now sold out from the developer.

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Residences & availability

Prices & Floorplans

Floorplans
UnitsPrice rangeSize rangesq ftAvg. price/ sq ftFloorplansCheck AvailabilityPayment plan
2 Bed Townhouse-1,292-SOLDPayment Plan25/20/15/40i
2 Bed Semi-Detached Canal View-1,938-SOLDPayment Plan25/20/15/40i
3 Bed Semi-Detached-2,583-SOLDPayment Plan25/20/15/40i
4 Bed Semi-Detached-3,229-SOLDPayment Plan25/20/15/40i
4 Bed Villa-4,650-SOLDPayment Plan25/20/15/40i
5 Bed Villa-7,320-SOLDPayment Plan25/20/15/40i
7 Bed Beach Villa FIS 11APayment plan: 25/20/15/40AED 30M7,500AED 4,000Payment Plan25/20/15/40i
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Falcon Island Payment Plan and Cost

CMS four-stage plan: 25/20/15/40 (booking / construction / handover / post-handover) · Based on an average unit price of AED 30,000,000

7 Bed Beach Villa FIS 11A
Starting PriceAED 30,000,000
Illustrative Average PriceAED 30,000,000
iInstalments and fees below use this amount, not the starting price.
Land Dept. Fee · 4%AED 1,200,000
Admin feeAED 5,250
Total purchase costAED 31,210,000

The October 30/70 offer has a separate promotional price list. Figures below are illustrative using the selected unit price and do not imply the same price applies to both plans.

The CMS instalment years do not align with the listed project handover. Percentages reflect the selected unit's CMS schedule; instalment dates must be updated in CMS before they are used as a confirmed timeline.

Payment schedule
Down paymentOn booking
25%AED 7.5M
During constructionInstalment date pending CMS correction
20%AED 6M
On handoverFIS 11A: Date not confirmed (original South Island target Q2 2026)
15%AED 4.5M
Post-handover year 1Instalment date pending CMS correction
40%AED 12M
25%AED 7.5M
Down paymentOn booking
20%AED 6M
During constructionInstalment date pending CMS correction
15%AED 4.5M
On handoverFIS 11A: Date not confirmed (original South Island target Q2 2026)
40%AED 12M
Post-handover year 1Instalment date pending CMS correction
Annual service charge: AED 45,000Illustrative figuresFees shown separately from instalment amounts

Trade-offs to know

  • 40% is paid after handover, so less cash is tied up before you receive the keys.
  • Semi Furnished: fitted items may be included, but confirm the loose-furniture package for the selected unit.
  • Beach: Direct Access.
  • Short-term (holiday home) rental is allowed.
  • Resale allowed once 30% has been paid.
  • A limited-time developer offer currently applies.

Amenities

Facilities listed in the project record.

Wellness & Leisure

Gym
Swimming Pool

Dining & Social

Restaurant and Dining

Outdoor & Beach

Private Beach Access

Resident Services

24/7 Security
Parking

Lifestyle & Convenience

Multipurpose Hall
Retails and Shopping
Jogging Track
Waterfront Promenade
Smart Homes System

Project Media

project video, brochure, construction update, 3D walkthrough and interactive Al Hamra map in one place.

Explore 3D WalkthroughStep inside the residences in 360°

Your location at a glance

Key destinations within easy reach.

Drive to Wynn14 mins
Road distance to Wynn10.7 km
Hamra Mall3 mins
RAK AirportTo be verified

RAKcompare score

Overall score23/24
Location3/3
Views3/3
Beach access3/3
Amenities2.5/3
Payment plan3/3
Value per sq ft2.5/3
Developer track record3/3
Construction progress3/3

RAKcompare score out of 3, based on our advisors' assessment.

Buyer questions answered

Falcon Island FAQs

Key answers on pricing, ownership, payment plans, resale and availability.

Where is Falcon Island located?

Falcon Island is located in Al Hamra Village, Ras Al Khaimah. It is a private island-style residential community surrounded by water, beach areas, lagoons and Al Hamra Village lifestyle facilities.

Who is the developer of Falcon Island?

Falcon Island is developed by Al Hamra, one of Ras Al Khaimah’s major lifestyle developers. The brochure describes Al Hamra as the developer behind Falcon Island and highlights its wider portfolio across hospitality, retail, residential communities, golf and waterfront destinations.

Does Falcon Island have concierge or housekeeping?

Concierge and housekeeping are not listed in the project details. Buyers should treat Falcon Island as a private residential community rather than a serviced hotel residence.

What type of property is Falcon Island?

Falcon Island is a residential villa and townhouse community. It includes townhouses, semi-detached homes and villas, rather than apartments or hotel residences.

How many units are in Falcon Island?

Falcon Island has 502 homes. The brochure shows the total across the north and south island sections.

What unit types are available in Falcon Island?

The original 502-home development included 7-bedroom and 5-bedroom villas, 4-bedroom villas and semi-detached homes, 3-bedroom semi-detached homes, and 2-bedroom canal-view semi-detached homes and townhouses. All original developer inventory is sold except the single FIS 11A seven-bedroom Beach Villa at AED 30 million shown in the supplied offers. Other types can only be considered on resale when individually listed.

Is Falcon Island furnished?

Falcon Island is semi-furnished based on the project details provided. Buyers should confirm the final handover specification, included appliances and finishing package before booking.

Does Falcon Island have direct beach access?

Yes. Falcon Island has direct beach access, which is one of its main lifestyle advantages. The brochure also highlights beach amenities and shoreline living within the island community.

What is the payment plan for Falcon Island?

The final developer-offered FIS 11A seven-bedroom Beach Villa has two AED 30 million payment options: 60/40 (60% by handover and 40% across 36 months after handover) or 40/60 (40% by handover and 60% across 24 months after handover). Both require 25% on booking. See the Payment Plan & Cash Flow section for every instalment and date.

When is Falcon Island expected to complete?

The supplied master schedule states North Island (FIN) Q1 2026, ending 31 March 2026, and South Island (FIS) Q2 2026, ending 30 June 2026. The remaining Beach Villa FIS 11A is on South Island. These are planned quarters; the September 2026 unit sales offers do not confirm an actual villa handover date.

Can I resell my Falcon Island unit before handover?

Based on the project details, resale is allowed after 30% payment, subject to developer approval, NOC rules and the latest resale policy.

Is Falcon Island a branded residence?

No. Falcon Island is not a branded residence. It is a private residential island community developed by Al Hamra.

What amenities are available at Falcon Island?

Falcon Island includes beach amenities, swimming pools, community center, gym, tennis court, walking tracks and landscaped open spaces. Residents also benefit from nearby Al Hamra Village facilities such as the mall, marina, yacht club, golf course, hotels, resorts, schools and medical facilities.

Is Falcon Island better for investment or end-use?

Falcon Island can work for both, but it is especially strong for end-users and families because it offers larger homes, beach access, privacy and community living. Investors may like the limited supply, waterfront location, Al Hamra developer profile and villa/townhouse format.

What should buyers compare Falcon Island with?

Buyers should compare Falcon Island with other Al Hamra and Ras Al Khaimah communities by location, property type, beach access, payment plan, handover date, furnishing, resale rules, family suitability and long-term investment value.

Are there other layouts in the Falcon Island brochure?

Yes. The floor-plan document illustrates townhouses and two- to five-bedroom homes in addition to larger villas. These plans are reference layouts and do not mean units are currently available. The current listed offer is the seven-bedroom villa.