Falconcity
Falcon Island is an exclusive project of Al Hamra Real Estate. The complex is located on a closed island in the natural lagoon of the Arabian Gulf. It is 70 km from Dubai.
The island area is 441 000 000 sq. ft. It is designed for a large number of sub-projects, such as residential villas, luxury hotel apartments, theme parks, shopping centers, business centers, and lots of leisure and entertainment facilities.
The island has its own sewage treatment plants, a power plant and modern roads. The residential complex is completely autonomous and self-contained.
The Falcon Island promotion takes place under the Falconcity brand. The island should become not just a residential area, but a bright sight of the Emirates. Under the project the developer will recreate the architectural marvels of different countries in a modern interpretation, which will become great tourist attractions .
The sights of the island include:
- Al Hamra Golf Club-a golf club with an 18-hole course;
- Al Hamra Mall – a two-story shopping center, with a gallery of best shops, supermarkets and restaurants;
- restaurants in golf clubs and hotels;
- sports complexes;
- children’s playgrounds;
- the yacht club for 200 yachts;
- private beaches.
The economic advantage
Falcon Island is a very prospective commercial project. Besides the investment property, businessmen can invest their funds to develop their own enterprises on the island, including retail, hospitality, education, healthcare, etc.
Under Eastern Residence project, investors can purchase not only villas but also vacant land plots for development. Land owners can design and build property of any purpose on their plots, from residential buildings, to business and shopping centers or educational facilities.
Legally all the plots belong to Falconcity, which is the master developer. It allows investors of any nationality to buy and sell land.
Best projects
Luxury Hotel Saam Vega. The cost of apartments here starts from AED 640 000. The developer guarantees a consistently high level of return on investment for at least 12 years. Moreover, owners of apartments in Saam Vega can benefit from a 5% VAT exemption.
The hotel is built in the shape of a pyramid and combines the luxury and grandeur of ancient Egyptian civilization. The building has large panoramic windows, and the interior has both modern and traditional elements.
*The price is valid for 2021
The Saam Vega infrastructure includes:
fitness center
swimming pool with views
children's playground
sauna and spa
tennis, squash and basketball courts
yoga and meditation areas
cafes and restaurants
open-air barbecue area
nursery
the hospital
Guests can also use the 24-hour concierge service.
Eastern Residence is an exclusive family-run residential complex consisting of 680 villas with 5 and 6 bedrooms. The villas are built in a modern style and have a simple design with a lot of light and space. Each bedroom has a bathroom.
Al Harma Village has 150 luxury furnished villas, each equipped with a private pool.
Several types of buildings are available for sale:
- Canal villas (Canal Homes) – houses on the embankment, located along the central canal. The villas are close to the main roads leading to the Falcon Bridge;
- Beach villas located on the outer perimeter of the island;
- Park villas with views of the gardens.
The interior design of the villas was made in partnership with Italian interior design company Bloomingdale’s and Luxury Living, which produces and distributes furniture from the best design houses, such as Fendi Casa, Kenzo Maison or Bentley Home.
Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!