About Waldorf Astoria Residences
Al Hamra has successfully sold the Sky Palace at Waldorf Astoria Residences Ras Al Khaimah for USD 35.4 million (AED 130 million), achieving the highest value single unit residential ever in Ras Al Khaimah. This one-of-a-kind residence is spread over 10,000 sq ft over three levels atop the beachfront tower. It offers unparalleled levels of privacy, scale and panoramic views of the Arabian Gulf, Wynn Al Marjan Island integrated resort and into the Hajar Mountains. A separate penthouse within the same development sold for USD 15 million, further confirming the strong demand for ultra-luxury homes in the emirate.
🔑 Key Highlights of Waldorf Astoria Residences
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Sky Palace sold for USD 35.4M – RAK record
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10,000+ sq ft, three-level crown residence
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Panoramic sea, island & mountain views
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Exclusive lounge, library, cigar room & cinema
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Signature penthouse sold for USD 15M
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Beachfront tower with ferry access to Wynn
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Affirms Al Hamra’s luxury leadership
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Signals strong demand for ultra-luxury in RAK
Payment Plan
This transaction is about completed ultra-luxury sales, not an off-plan project that is in progress. No public payment plan is applicable to the Sky Palace or penthouse sales as they are individual resales or sale by developer to developer at the stage of completion. Future units in similar developments traditionally follow standard luxury off-plan structures.
NA – Completed Sales
Contact developer for Inventory
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Features & Amenities
Sky Palace and signature penthouse at Waldorf Astoria Residences provides unparalleled scale, privacy and a resort level living. Owners enjoy private high floor amenities, stunning panoramic views and hassle-free connectivity to the Wynn Al Marjan Island integrated resort via dedicated ferry. The development focuses on refined coastal class with exclusive use of world-class facilities.
Private-lounge
Library
Cinema
Beachfront
Resort
Views
Privacy
LOCATION ADVANTAGES
Waldorf Astoria Residences is a beachfront tower along the coastline of Ras Al Khaimah – with direct view of the Arabian Gulf and Wynn Al Marjan Island resort. The location has both the best of seaside privacy and convenience for ferry access to integrated resort amenities. It is well located in RAK’s emerging luxury corridor.
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beachfront access
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10 minutes – Al Marjan island core
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Ferry to Wynn Al Marjan Island resort
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15 minutes – Ras Al Khaimah city centre
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45 minutes – Dubai International Airport
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60 minutes – Dubai Marina
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Close – major highways
⤢ View map
Why Invest in Waldorf Astoria Residences ?
The record USD 35.4 million Sky Palace sale and USD 15 million penthouse transaction underscore the under two-year development of Ras Al Khaimah as a serious ultra-luxury residential place. Al Hamra’s ability to provide the world-class branded beachfront residences with private high floor amenities and directly-connected resorts is the ultimate draw card for high net worth buyers looking to buy exclusiveness and lifestyle. The momentum of the emirate tourism, the openness of the Island of Wynn Al Marjan and the scarcity of the coast creates high capital appreciation and resale added value. These milestone deals set a new standard and point to major upside for similar ultra-premium properties in RAK. For discerning investors and lifestyle buyers, Waldorf Astoria Residences has one of the most prestigious addresses in the north of the emirate with potential returns that don’t fade away with time
