Al Hamra Real Estate Development developed Marina Apartments, a coastal residential complex in Al Hamra Village, a community in Ras Al Khaimah's southern region.
Apartments range in size from studios to one-to-three bedrooms, with Arabic architectural style. Studios have small balconies, living rooms, bedrooms with adjoining bathrooms, and open-plan kitchens. In addition to large bedrooms with ensuite bathrooms, apartments come with fully equipped kitchens, guest bathrooms, and balconies. In addition, there are separate staff accommodations in two- to three-bedroom apartments.
In Ras Al Khaimah, Marina Apartments are one of the most popular residential complexes. Residents can enjoy stunning ocean views, open spaces, and all the necessary amenities.
AED 20,000 (USD 5,500) to AED 100,000 (USD 27,000) is the range of annual rental rates for apartments. If current trends continue, investments can be recouped within 14 to 18 years.
*Prices are valid for 2021