Sky Palace sale positions Al Hamra at the forefront of RAK’s luxury market
In a separate transaction, Al Hamra has also completed the sale of the development’s signature penthouse for US$ 15mn (AED 55mn), further underscoring demand for best-in-class, lifestyle-led homes in the Emirate.
A one-of-one residence above the coastline, the Sky Palace at the Waldorf Residences, Ras Al Khaimah, spans approximately 10,000sqft across three levels and crowns the uppermost floors of the beachfront tower. It is designed to offer exceptional scale, privacy and uninterrupted views across the Arabian Gulf and the Wynn Al Marjan Island integrated resort on one side and the mountains on the other.
Integrated resort
A dedicated ferry connection to the region’s first integrated resort, the Wynn Al Marjan Island provides seamless access to world-class dining, entertainment and leisure, while preserving the privacy of a refined residential address.
The signature penthouse, also part of the beachfront tower, spans approximately 6,000sqft across the 19th and 20th floors and offers 360-degree panoramic views.
“This record-setting sale reflects not only the market’s confidence in the Emirate’s growth trajectory, but our belief that the most enduring investments are those that enrich how life is lived.,” commented Benoy J. Kurien, Group Chief Executive Officer, Al Hamra.
