Phase 3 project of Al Hamra Village launched in RAK

The sale of the mixed use, residential and commercial property is now also open to investors. The project is expected to be completed in 2010.

The General Manager Al Hamra Real Estate Development, Frederic Piras, made the announcement during an Iftar dinner at the Al Jazeerah Restaurant in the Al Hamra Fort and Beach Resort in Ras Al Khaimah.

Also available for sale, is the luxurious hotel apartments at the magnificent 7 Star Palace Hotel. There are only a limited number of hotel apartments as part of this deluxe beach-front property. The hotel is due to open in late 2008 and is built in an contemporary Arabesque design, keeping up with the cultural heritage of Ras Al Khaimah.