RAK-based Al Hamra Real Estate Development has teamed up with international real estate service provider Savills’ network of more than 600 offices worldwide.
Al Hamra’s flagship portfolio projects include the multi-million dollar luxury Falcon Island development, Bayti townhouse community, and shoreline apartments Bab Al Bahr and Royal Breeze.
Al Hamra Real Estate Management Services (REMS) will work with the London-based international residential team at Savills.
“We are confident that this will open up new markets for us and, in turn, drive increased awareness and interest in Ras Al Khaimah as a quality destination, with value-driven investment opportunities, with solid and sustainable returns,” said Barry Ebrahimy, head of commercial at Al Hamra Real Estate Development.
Ras Al Khaimah’s residential sector reported strong sales in Q2 2015, with consistent demand for its high profile projects and robust occupancy and rental rates for its quality competitively priced villas and townhouses.