December 23, 2024

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RAK developer offering new rental rates amid current economic challenges posed by COVID-19

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Al Hamra, the leading real estate developer, services provider and investment company in the Northern Emirates, is offering attractive rental rates for an elegant lifestyle in the heart of Ras Al Khaimah across it’s select world-class residential developments.

Residents can enjoy premium community living with all amenities and a unique blend of varied natural landscapes at its master-planned residential communities – Al Hamra Village and the waterfront Bab Al Bahr Residences. With more private, peaceful and quiet surroundings, the two communities are ideally located to enjoy the new way of living.

Combining quality of life and value for money, Al Hamra’s residential portfolio offers a wide range of short and long-term home rental options suiting everyone’s requirements. The rental value of Al Hamra residences is today the most-competitive with studio apartments starting from AED 20,500 per year.

In the wake of current situation when most people are reconsidering the monthly expenses and looking for affordable living options, Al Hamra has introduced an attractive rental product with benefits such as 20% rent reduction, waiver of chiller consumption charges and up to five weeks of free stay. Additionally, residents will have 50% discount on Al Hamra Sailing Club membership and 25% discount on mid-week family memberships at the Al Hamra Golf Club.

This is an opportunity to rent directly from the developer as there won’t be any brokerage fees on new and renewed leasing until October 2020. The package also includes free annual maintenance carried out by Al Hamra Facility Management.

Only 45-60 minutes commute from the centre of Dubai, Ras Al Khaimah offers the best of both worlds – urban lifestyle and proximity to nature.

Amid a global slowdown of social movements and its resulting economic effects, there is no denying that relocating to Ras Al Khaimah is worth considering. It is a great alternative for UAE residents seeking to indulge in slower pace of life, more private surroundings, and natural scenery at reduced cost of living.

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