Established in 2003, Al Hamra Real Estate Development is the real estate subdivision of the broader Al Hamra Group and has been instrumental in the urbanisation of Ras Al Khaimah. Over the past two decades, the company has created expansive master-planned communities, notably Al Hamra Village, which includes over 4,000 villas, townhouses, and apartments, alongside beachfront developments. Its portfolio spans residential, retail, hospitality, golf, marina, and entertainment, including assets like Al Hamra Mall, Manar Mall, Waldorf Astoria RAK, The Ritz‑Carlton Al Hamra Beach Resort, Sofitel RAK Beach Resort, and the Al Hamra Golf Club. Current projects include Falcon Island, Bayti homes (LEED‑certified), waterfront apartments, The Royal Breeze towers, Marina Residences, and Al Hamra Greens—a testament to its diversified and integrated real estate strategy.

Backed by Al Hamra Group, Al Hamra Real Estate holds substantial resources accumulated through its holdings across real estate, hospitality, retail, and leisure. Though publicly listed financials are not available, the company's recognition among the GCC's top 50 developers, its construction of billion‑dirham communities, and its diversified asset base (residential, retail, hospitality, golf, marina) signal long-term financial robustness.

Al Hamra’s developments are renowned for their resort-style ambiance, premium finishes, and high-quality infrastructure. Al Hamra Village features a championship golf course, marina, lagoon, beaches, and walkable retail zones. The village includes wellness features, organic landscaping, and residential diversity across villas, townhouses, and apartments. Falcon Island offers luxury canal-front townhouses, while Bayti homes differentiate themselves with LEED certification and smart-home integrations. The waterfront residential towers provide modern amenities such as gyms, pools, kids’ play areas, and yacht marina access—blending convenience with leisure.

Al Hamra adheres to the UAE’s legal frameworks, securing all required permits under RAK and federal jurisdictions like RERA. Its developments are escrow-compliant, and no regulatory violations, fines, or legal actions have been reported. The company's transparency, adherence to approvals, and long-standing operating history indicate rigorous regulatory compliance and cooperation with authorities.

Public feedback is generally positive, especially in community aspects like walkability, beach access, and long-term livability. Reddit users describe Al Hamra Village as affordable compared to Dubai, though some point to rising service and utility costs tied to new infrastructure. Others caution that marina residential developments may impact golf-course views or pricing. Overall, residents appreciate the lifestyle offerings and community infrastructure, though they recommend reviewing operating costs and service fees.

Al Hamra is seen as a premier developer in Ras Al Khaimah, credited with landmark real estate milestones and anchor hospitality projects. International recognitions—including Inclusion in GCC top-50 lists—reinforce its regional status. Its ability to deliver large-scale mixed-use ecosystems with integrated hospitality, retail, and leisure assets strengthens its reputation among GCC real estate players.

Al Hamra incorporates sustainability and wellness into its developments. Bayti homes are LEED-certified, Falcon Island emphasises renewable energy use, and Al Hamra Village promotes organic farming and walkable designs. While green credentials are project-specific rather than universal, the group demonstrates commitment to environmental and social responsibility across its asset base.