Al Hamra launches AED1 billion Falcon Island residential project in Ras Al Khaimah RAS AL KHAIMAH, 16th March, 2022 – Al Hamra, a leading lifestyle developer and investment company in Ras Al Khaimah, has announced the launch of its exclusive freehold luxury villa project, the Falcon Island, within the award-winning Al Hamra Village residential community. The launch of the island residential project, with a development value of AED1 billion, reaffirms the future development plans and vision of Al Hamra and the Emirate of Ras Al Khaimah. Nestling within Al Hamra Village, this idyllic exclusive i…