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1- Where is Al Hamra Village (AHV) located ?
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Al Hamra Village is in the emirate of Ras Al Khaimah, on the west coast road 24 kilometers before Ras Al Khaimah City; the Country's most northern Emirate and arguably the most scenic.
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2- Who is the developer ?
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The developer is Al Hamra Real Estate Development LLC, a private company with private investors, including HH Sheikh Saud al Qassimi, Ruler and Crown Prince of RAs al Khaimah.
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3- Is there an airport near AHV ?
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RAK has an international airport, which is located about 18 kilometers from the center of the city. Dubai airport is approximately 80 kilometers from AHV.
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4- What is the distance between RAK and other Emirates ?
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From the Dubai International Airport, passing through the Emirates Highway, the journey time has been reduced to mere 50 minutes. This effectively makes RAK closer to the center of Dubai than some suburbs within Dubai itself. Also, with this development, it dramatically increase the value of properties in RAK.
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5- Is AHV 100% freehold property ?
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Yes. Owners will be eligible for the residency visa sponsored by the developers. Owners can apply for the resident visa upon completion of payments.
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6- Is RAK resident visa valid only for this Emirate ?
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Resident visas issued by RAK are valid in all Emirates of the UAE. An owner issued a resident visa from RAK may also live in other parts of the UAE.
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7- What types of units are available in AHV ?
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Studio, 1, 2 & 3 bedroom apartments, 3-bedroom townhouses, 4- bedroom semi-detached duplexes and 5 & 6 bedroom villas.
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8- What is the expected completion date of the project ?
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Phase I:
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Townhouses (3 bedrooms) & Semi-Detached Duplexes ( Handed Over 2006-2007 )
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Golf Apartment (Studios & 1-bed apartments) ( Handed Over 2006-2007 )
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The first 9 holes of the Golf Course has now been operational ( Completed in 2007 )
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7-Star Palace Hotel (under construction)
Phase II :
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Marina Apartments ( Studios: 1-Bedroom , 2-Bedrooms and 3-Bedrooms apartments ) - ( Handed Over 2009-2010 )
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Luxury Villa B (5-bedrooms) ( Handed Over 2009-2010 )
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Luxury Villa C (6-bedrooms) ( Handed Over 2009-2010 )
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Townhouses (3- bedrooms) ( Handed Over 2009-2010 )
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The second 9 holes of the Golf Course. ( Completed early 2008 )
Phase III : Year 2011
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Royal Breeze Apartments ( 70% Construction completed )
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3-Bedroom Townhouses Type-A ( Completed 2010 )
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Townhouses Type-B ( Under construction )
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Townhouses Type-C ( 70% Construction completed )
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9- Is there a finance program ?
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HSBC is offering a finance program for UAE national and expatriate residents. They will finance 70% of the total amount for a maximum of 15 years. This shall be for completed properties having plots ( Townhouses , Duplex , Villa B & C)
Contacts:
Lloyds TSB
Offers up to 80% of market valuation; interest rate of 8.5% variable; maximum term of 15 years.
Contacts:
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9- Do you provide any other payment schedule ?
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Yes, it is directly with the developer.
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20% On booking & signing of the Sales agreement (after 30 days from the date of booking)
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20% After 3 months from the date of signing the sales agreement
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20% After 6 months from the date of signing the sales agreement
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40% On completion
Please note that different payment schedule shall apply for properties due for completion in the next 6 months.
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10- What are included in the price ?
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Fitted kitchen – sink & cupboards, built-in cabinets in the bedrooms, central air conditioning facility and parking.
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11- Are there any charges ?
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Project Maintenance fees, which are as follows:
For more information call Tel 07 2434444, 800(ALHAMRA) or visit www.alhamravillage.com .
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Marina & Golf Apartments |
AED 7/sq.ft/annum |
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Townhouses and semi-detached duplex villas Luxury Villas |
AED 6,240/annum |
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Luxury Type B & C |
AED 10,080/annum |
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Royal Breeze Apartments |
AED 10/sq.ft/annum |
Visa (optional) = 4,000.00 per person (includes administrative fee, medical, police, visa, transportation, etc.). Additional free for applying license with RAK Investment Authority is applicable on approval of papers
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Electricity & Water Connection Charge = AED 1,000.00 (refundable meter registration) + AED 300.00 per KVa* (load of your particular unit) – one time payment
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Note: The final connected load and total connection charge of a particular unit would be reconfirmed by FEWA inspectors upon completion of the project.
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