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Al Hamra Real Estate Development

From EverybodyWiki Bios & Wiki

Al Hamra Real Estate Development
ISIN🆔
IndustryReal Estate, Tourism, Hospitality, Retail
Founded 📆
Founder 👔
Headquarters 🏙️Ras Al Khaimah, United Arab Emirates
Area served 🗺️
Key people
  • Sheikh Khalid Bin Saud Bin Saqr Al Qasimi (chairman)
  • Benoy Kurien (CEO)
Members
Number of employees
🌐 Websitealhamra.ae
📇 Address
📞 telephone

Al Hamra is a real estate development and investment company in the United Arab Emirates, headquartered in Ras Al Khaimah, which operates across hospitality, tourism, retail, and real estate sectors.

Corporate affairs

Sheikh Khalid Bin Saud Bin Saqr Al Qasimi is the chairman of Al Hamra and Benoy Kurien is the CEO of the Al Hamra group of companies.[1][2]

Projects

Residential

The Al Hamra Village in Ras Al Khaimah was developed with a cost of $1.9bn, and has gone through four phases of development since its launch in 2004.[3][4] It covers a 77 million sq. ft. area and includes an 18-hole championship golf course, a marina and hotels including the Waldorf Astoria Ras Al Khaimah, the Ritz-Carlton Al Hamra Beach Ras Al Khaimah.[5]

The project also includes the residential units: Bayti Homes, The Royal Breeze Residences, Marina Residences, Golf Apartments, and Bayti Premium.[6] Bayti Homes range in size from 2,785 sq. ft. to 7,524 sq. ft. It has received the Leadership in Energy and Environmental Design (LEED) certification by the US Green Building Council (USGBC) for incorporating smart technologies for improved energy efficiency.[7][8][9]

Bayti Villas, a sustainable and energy efficient residential project at Al Hamra Village was completed in 2016.[10][not in citation given]

Hospitality

The Waldorf Astoria resort in Ras Al Khaimah is Waldorf Astoria's first branch in the UAE, owned by Al Hamra and operated by Hilton.[citation needed]

The Hilton Al Hamra Beach & Golf Resort opened in 2014.[11]

The Ritz-Carlton Ras Al Khaimah is the second luxury resort of the Ritz-Carlton brand in Ras Al Khaimah, and the fifth in the United Arab Emirates.[12] The agreement between the Ritz-Carlton Hotel Company and Al Hamra took place in 2016 and the hotel was launched in 2017.[13]

Al Hamra International Exhibition and Conference Centre (AHIECC) opened in 2019 and covers over 48,000 sq. ft. A prefabricated construction was followed for quick development, which allowed only 120,000-manhours to be used.[14] It has been recognized as the first safe MICE (meeting, incentive, convention & event) facility in the region by Bureau Veritas.[15][16][17]

Malls

Manar Mall, opened in 2000, went through an expansion with an investment of $125 million, increasing from 27,000 sqm to 55,000 sqm, and adding retail and F&B outlets.[18] In 2020, Manar Mall opened its 10,000 sqm waterfront promenade.[citation needed]

The Al Hamra Mall was developed at a total cost of more than $72 million covering an area of 290,600 sq.ft. in 2010.[19][not in citation given]

Leisure

Al Hamra Golf Course was opened in 2007.[citation needed] This 18-hole golf club is a par-72 championship covers 66,000 sq. ft. The Al Hamra Golf Club was designed by Peter Harradine and includes a 70-bay grass driving range.[20][21] The Al Hamra Marina and Yacht Club includes a 200-berth facility for yachts and motor vessels of up to 200 ft.[22][23] The clubhouse where events and activities are hosted also serves as a co-working space.[24][25][26]

Awards and recognition

In 2015, Al Hamra Real Estate Development was given six awards at the Arabian Property Awards: one in the 'Hotel Architecture' and 'Mixed-Use Architecture' categories for Waldorf Astoria Hotel, another in the 'Retail Architecture' category for Manar Mall, two awards in the 'Architecture Multiple Residence' and 'Golf Development' categories for its Al Hamra Village community development, and a sixth award in the 'Residential High-Rise Development' category for the Royal Breeze Residence.[27]

In 2016, the Waldorf Astoria in Ras Al Khaimah, was awarded 'Best Tourism and Leisure Project' of the year, while Bayti Homes was named 'Best Residential Property' of the year by the MEED Quality Awards for Projects.[28]

The Al Hamra Group of companies was pronounced 'Best Employer of the Year' in the GCC Best Employer Brand Awards 2016.[29] World Travel Awards named the Hilton Al Hamra Beach & Golf Resort the UAE's 'Leading Beach Resort' for 2016, 2017, 2018, and 2019.[30]

Al Hamra was 'Highly Commended' in the 'Best Asset Management Company of the Year' category at the Innovation in Construction & FM Awards 2020.[31]

In 2021, Benoy Kurien was listed at 22nd in Construction Weeks' List of Top 50 GCC Developers for the year[32] and was one of the Arab World category winners at the Forbes Middle East Real Estate Awards.[33][better source needed]

References

  1. "RAK's first Zara store to open at Manar Mall". www.imagesretailme.com. 2019-12-11. Retrieved 2021-12-08.
  2. Warrier, Ranju (2019-07-01). "2019 CW Power 100: Benoy Kurien of UAE's Al Hamra is #87". Construction Week. Unknown parameter |url-status= ignored (help)
  3. "Ras Al Khaimah celebrates 10 years of economic and developmental innovation under His Highness Sheikh Saud". Ras Al Khaimah Government Media Office. 2020-10-27. Retrieved 2021-12-08.
  4. "Al Hamra Village". Construction Week. 2012-02-06. Unknown parameter |url-status= ignored (help)
  5. "Al Hamra | Al Hamra | Ras Al Khaimah Properties". alhamra.ae. Retrieved 2021-12-08.
  6. "Al Hamra | Al Hamra Village". alhamra.ae. Retrieved 2021-12-08.
  7. "You are being redirected..." meconstructionnews.com. Retrieved 2022-02-21.
  8. "UAE's Al Hamra Bayti development awarded LEED accreditation for homes status". www.zawya.com. Retrieved 2022-02-21.
  9. "Al Hamra | Al Hamra Bayti Homes | Ras Al Khaimah Properties". alhamra.ae. Retrieved 2021-12-08.
  10. "RAK's Al Hamra says Bayti townhouse project completed". www.arabianbusiness.com. 18 May 2016. Unknown parameter |url-status= ignored (help)
  11. Net, Hospitality. "Hilton Worldwide Opens Hilton Al Hamra Beach & Golf Resort". Hospitality Net. Retrieved 2021-12-08.
  12. Divecha, Devina (2018-04-04). "The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach opens". hoteliermiddleeast.com. Unknown parameter |url-status= ignored (help)
  13. "Ras Al Khaimah to Welcome The Ritz-Carlton". Marriott. 28 October 2016. Retrieved 2021-12-08 – via Hospitality Net.
  14. "Al Hamra International Exhibition & Conference marks arrival to UAE's events scene hosting AHIC 2019". Al Hamra. Retrieved 2021-12-08 – via Zawya.
  15. "RAK Becomes the First City in the World to be Certified as Safe by Bureau Veritas". www.hozpitalityplus.com. Retrieved 2022-02-21.
  16. "Al Hamra International Exhibition & Conference Centre certified as first safe MICE facility in the Middle East by Bureau Veritas". www.zawya.com. Retrieved 2022-02-21.
  17. "Al Hamra". alhamra.ae. Retrieved 2021-12-08.
  18. Rousseau, Oscar (August 14, 2018). "Construction update: Expansion of Ras Al Khaimah's Manar Mall". Construction Week. Unknown parameter |url-status= ignored (help)
  19. "Consumers in Ras Al Khaimah can expect greater variety in the near future". Unknown parameter |url-status= ignored (help)
  20. "Al Hamra Golf Club - UAE | Top 100 Golf Courses". www.top100golfcourses.com. Retrieved 2021-12-08.
  21. "United Arab Emirates Golf - Al Hamra Golf Club". www.alhamragolf.com. Retrieved 2021-12-08.
  22. "Al Hamra Yacht Club and Marina, Ras Al Khaimah, UAE". Unknown parameter |url-status= ignored (help)
  23. "Al Hamra Yacht Club and Marina, Ras Al Khaimah, UAE". www.sail-world.com. Retrieved 2021-12-08.
  24. Thuymi; Thuymi. "Al Hamra launches The Clubhouse Ras Al Khaimah | AdventureFaktory – An Expat Magazine from Singapore & Dubai focused on Travel". Retrieved 2022-02-21.
  25. "Ras Al Khaimah's Al Hamra rebrands sailing club to 'The Clubhouse'". Hotel News ME. 2020-09-06. Retrieved 2022-02-21.
  26. "Al Hamra | Co-working space Ras Al Khaimah | Clubhouse Al Hamra". www.alhamra.ae. Retrieved 2021-12-08.
  27. "Al Hamra wins top awards at Arabian Property Awards". tradearabia.com. Retrieved 2021-12-08.
  28. "Al Hamra Real Estate Development receives 2 awards at MEED Quality". Real estate news in GCC. 2016-07-13. Retrieved 2021-12-08.
  29. "GCC BEST EMPLOYER BRAND AWARDS 2016". employerbrandingawards.com. Retrieved 2021-12-08.
  30. "Hilton Al Hamra Beach & Golf Resort nominee profile on WorldTravelAwards.com". World Travel Awards. Retrieved 2021-12-08.
  31. "Innovation in Construction & FM Awards 2020: Winners Revealed". Construction Business News Middle East. 2020-11-25. Retrieved 2021-12-08.
  32. "Construction Week Top 50 GCC Developers List 2021". Unknown parameter |url-status= ignored (help)
  33. Al Hamra Real Estate Development wins an award at Forbes Middle East Real Estate Awards 2016, retrieved 2021-12-08




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