
Al Hamra lance deux projets résidentiels : Al Hamra Greens et Aila Homes, d'une valeur combinée de 3 milliards d'AED
Located in Al Hamra Village, both projects highlight the developer's focus on design-led, high-quality living.
Al Hamra Greens is a wellness-centric community inspired by Scandinavian design and rooted in the philosophy of 'Reconnect with Living.' Located opposite RAK Central, it offers breathtaking views of RAK's urban hub, the Al Hamra Championship Golf Course, and Wynn Al Marjan Island. The project comprises 1,754 apartments in 1 to 3 bedroom layouts, all with private balconies for seamless indoor-outdoor living. Starting from AED 1.2 million, the development boasts an array of amenities including lush gardens, BBQ terraces, paddle tennis and basketball courts, jogging and cycling tracks, kids' play zones, a pet park, a wellness spa, and a gym with panoramic views. Over 38% of the project sold out within 24 hours of launch.
Aila Homes, launched alongside, features 200 upscale 3- and 4-bedroom townhouses with modern architecture, spacious layouts, private gardens, and direct access to community facilities. With more than 50% sold before the official launch, Aila Homes reflects strong demand for ready-to-move family homes in the emirate.
Benoy Kurien, Group CEO of Al Hamra, said:
'These launches respond directly to growing customer demand for meaningful, nature-rooted lifestyles and community living. They mark a key milestone in Al Hamra's growth journey and our commitment to delivering value-driven developments.
Residents of both communities will benefit from the wider Al Hamra ecosystem, including a championship golf course, a 220-berth marina, and luxury hospitality assets like Waldorf Astoria, The Ritz-Carlton, Sofitel, and Al Hamra Village Hotel & Residences.
Looking ahead, Al Hamra is expanding into ultra-luxury with Waldorf Astoria Residences, Ras Al Khaimah, The Ritz-Carlton Residences, Al Wadi Desert, and it's first Dubai project, reinforcing its position as a key player in the UAE's real estate sector.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arabian Post
13 hours ago
- Arabian Post
Dubai Property Market Soars in H1 2025
Arabian Post Staff -Dubai Dubai's real estate market achieved a landmark surge during the first half of 2025, with transactions climbing 26 per cent to 125,538 and total value reaching AED 431 billion—an increase of 25 per cent year‑on‑year. The performance underscores the emirate's growing appeal to both local and international investors. Investor activity gathered notable momentum, with approximately 94,700 individuals completing transactions worth AED 326 billion—39 per cent more than a year earlier. Of this group, 59,075 were first‑time investors, injecting AED 157 billion and marking both a growth in investor numbers and value. UAE residents constituted 45 per cent of this cohort, signalling effective measures to convert renters into homeowners. ADVERTISEMENT Women also bolstered the market's resilience, executing nearly 35,000 transactions worth AED 73.2 billion. Meanwhile, foreign investors led contributions at AED 228 billion, with Arab and GCC nationals contributing AED 28.4 billion and AED 22.6 billion respectively. Residential and luxury segments showed marked performance. Al Barsha South Fourth recorded the highest transaction volume, followed by Al Yalayis 1 and Wadi Al Safa 5. In terms of value, Dubai Marina topped the list with AED 25.1 billion, followed by Business Bay, Burj Khalifa zone, and Palm Jumeirah. ValuStrat's H1 property index reported that unbuilt villas now command values 66 per cent above their 2014 peaks and 175 per cent above post‑pandemic levels. Apartment prices rose 1.1 per cent month‑on‑month, translating to annual growth of 20 per cent, notably in The Greens, Dubai Silicon Oasis, Dubailand Residence Complex, Palm Jumeirah, and Town Square—all exhibiting capital gains of over 22 per cent. Parallel to sales growth, rental price inflation decelerated mid‑year: by May, annual residential rent increase eased to 8.5 per cent from 14.3 per cent in January. Cavendish Maxwell attributed this moderation to the delivery of approximately 9,300 new units in Q1 and the introduction of the 'New Smart Rental Index,' which is influencing both landlord expectations and market dynamics. Mortgage activity reflected evolving buyer preferences. Data from DXB Interact indicates a 38 per cent rise in loan volume, although total mortgage value dipped by 8 per cent—signalling a shift towards cash purchases or smaller financing commitments. Off‑plan sales stood strong at 64,907 transactions, with a total value of AED 209.1 billion. Resale transactions numbered 34,150, valued at AED 119.7 billion. Amid this buoyancy, caution flags exist. Fitch Ratings warns of potential double‑digit price corrections—up to 15 per cent—in late 2025 and 2026, due to an expected supply surge of around 210,000 units. The agency nevertheless noted that banks and developers have reduced exposure and are poised to manage potential adjustments. Planning authorities have responded proactively. Dubai intends to add 73,000 homes in 2025, targeting a total of 300,000 new units by 2028—efforts aimed at aligning supply with investor momentum and population growth. Meanwhile, ongoing state‑led consolidation of developers, regulatory improvements under the Economic Agenda D33, and the Dubai Real Estate Strategy 2033 continue to underpin structural confidence. As forecasted by ValuStrat, property price growth may moderate but remain positive—potentially adding another 10 per cent by the end of 2025 as market dynamics evolve. The challenge now lies in balancing supply expansion, evolving mortgage behaviour, and price stability to sustain long‑term viability for investors and residents alike.


Fintech News ME
16 hours ago
- Fintech News ME
Pesa Expands to UAE, Launches AED Wallet to Serve Nigerian Diaspora in Dubai
Pesa, a leading fintech platform renowned for its commitment to seamless and affordable international money transfers, today announced its official launch in the United Arab Emirates (UAE). This strategic expansion allows Nigerians in the UAE to effortlessly send money home to Nigeria and conveniently receive funds in Dubai through a dedicated Pesa Dubai (AED) wallet. This move reinforces Pesa's mission to ensure consistent, targeted, and engaging financial services focused on activation, trust, and deep community relevance. Since its inception, Pesa has been on a mission to localize the global money transfer experience, bridging the significant gap between domestic and international remittances by making cross-border transactions as hassle-free and intuitive as sending money within the same country. With a strong track record, including growing its user base to over 150,000 strong, Pesa has already connected countless lives and supported families and businesses across continents. This proven success, stemming from understanding the unique needs of its users and providing reliable, cost-effective solutions, now paves the way for its Dubai rollout, which aims to build awareness, drive new wallet sign-ups and first transactions, foster trust, and position Pesa as the go-to platform for the Nigerian diaspora. The launch in Dubai directly addresses a critical pain point for the vibrant Nigerian diaspora community in the UAE. Sending money from Dubai to Nigeria has been fraught with challenges, including high fees, unfavorable exchange rates, and lengthy transfer times. Pesa's entry into the market aims to dismantle these barriers, offering a much-needed alternative that prioritizes user value and convenience. With the new Pesa Dubai (AED) wallet, users can now experience near real-time transfers from AED to NGN, ensuring their money gets home fast, while simultaneously benefiting from Pesa's commitment to offering competitive exchange rates that significantly surpass traditional services, thereby maximizing the value of every dirham sent. This is coupled with the assurance of zero hidden fees, meaning complete transparency where what you see is precisely what you get, and all transactions are backed by robust compliance with international financial regulations and dedicated user support, ensuring a secure and trustworthy platform. 'Our expansion into the UAE is about more than just features; it's about building bridges with heart for the Nigerian diaspora,' said Tolu Osho, Co-Founder/CEO of Pesa. 'We're committed to providing a remittance service that truly respects their hard work, offering unparalleled transparency, security, and peace of mind.' Pesa operates with a steadfast commitment to global regulatory compliance, registered and regulated in Canada (FINTRAC), the United States (FinCEN), the UK (FCA), and Australia (AUSTRAC). This robust adherence underpins Pesa's secure and trustworthy platform, ensuring full compliance with all financial regulations set forth by the UAE authorities and meeting the highest standards of financial integrity. Nigerians in Dubai can now download the Pesa app and create their AED wallet to begin sending money home seamlessly via


Fintech News ME
16 hours ago
- Fintech News ME
BurjX Becomes Fully Regulated Crypto Platform Under ADGM Framework
BurjX, a digital asset trading platform founded in the UAE, has received Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) for brokerage and custody operations. With this approval, BurjX becomes a fully regulated platform offering trading in over 100 digital assets. This milestone positions it as one of the few platforms in the region licensed to provide both brokerage and custody services under ADGM's virtual asset regulatory framework. Nearly one-third of the UAE population is projected to hold crypto assets within the next year, placing the country among the highest global adoption rates. 'Our aim was to build something that reflects the future of this region: regulated, trusted, and globally competitive,' said Omar Abbas, Co-Founder and Chief Executive of BurjX, who previously co-founded NDAX, a major Canadian crypto exchange. 'Securing our FSRA licence and launching with more than 100 assets is proof of what is possible when you build with conviction from the start. We are not another imported platform entering the UAE. We are a homegrown one, built here to lead globally.' The platform allows users to convert UAE dirhams to digital assets through integration with local banking infrastructure via Zand Bank. This enables near-instant funding in AED and access to over 100 tokens, all under ADGM's regulatory oversight. BurjX is built on institutional infrastructure capable of processing over one million transactions per second. It uses Fireblocks' multi-party computation wallet technology for custody and offers insurance coverage for both hot and cold wallets. The platform is designed to serve retail and institutional users with a focus on transaction speed, security, and liquidity. For high-net-worth individuals and institutional clients, BurjX has introduced a Private Client Division. This division provides over-the-counter services, tailored execution, and dedicated client coverage. Following its official launch, BurjX plans to expand across the UAE and the wider MENA region. The company will continue to prioritise security, regulatory compliance, and accessibility as it scales its operations.