New Launch
Colibri Views by Major Developments in Ras Al Khaimah, Al Jazeera Al Hamra Industrial. Pricing from AED 1.
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Share your budget, timing, and what you like about this launch. The first reply will point you to the strongest alternatives and the trade-offs worth checking before you move.
Project shortlist
Share your budget, timing, and what you like about this launch. The first reply will point you to the strongest alternatives and the trade-offs worth checking before you move.
The more specific the budget, area, and timing, the more useful the first reply.
Price from
AED 1.04M
Starting price for Colibri Views.
Completion
Q1 2029
Tracked completion target for Colibri Views.
Related projects
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Nearby launches and other Major Developments projects.
Colibri Views by Major Developments prices from AED 1.04M in Ras Al Khaimah's Al Jazeera Al Hamra Industrial zone, with 221 units across two distinct bands and a Q1 2029 handover target. The observed per-sqm range of AED 17,873 to AED 32,964 spans 35.49 sqm studios through to 378.39 sqm full-floor residences, giving buyers entry points from AED 1.04M up to AED 10.1M. Three variables determine whether this project earns selection time: the Al Jazeera Al Hamra Industrial location's relationship to RAK's leisure-led appreciation corridor, the compounding weight of a 7% buyer-side fee on total acquisition cost, and whether Major Developments' delivery pipeline supports confidence in a three-year forward commitment to Q1 2029.
The 221 units at Colibri Views divide into two tracked categories. The broader group — 110 units ranging from AED 1.04M to AED 10.1M across sizes of 35.49 to 378.39 sqm — spans what appears to be studios through to large-format residences or penthouses. The tighter group — 111 units at AED 1.25M to AED 1.48M across 53.88 to 54.81 sqm — presents as a near-uniform 1-bedroom category with strong size consistency, the hallmark of a developer targeting the investor-grade hold market. At the entry level, a 35.49 sqm unit at AED 1.04M implies approximately AED 29,300/sqm — toward the upper end of the observed AED 17,873–32,964/sqm range, suggesting the smallest units carry a floor-level or scarcity premium rather than a genuine discount entry. The 1-bedroom band at AED 1.25M–1.48M for roughly 54 sqm implies AED 23,200–27,000/sqm, making it the most competitive entry point on a per-sqm basis within the portfolio and the category best suited to gross yield modelling.
The 7% buyer-side fee is the single largest pricing anomaly and demands explicit modelling before comparing Colibri Views against competing launches. If buyer-facing rather than developer-funded, total acquisition cost on a AED 1.25M 1-bedroom increases by AED 87,500 before Dubai Land Department fees (4%) and registration — pushing the all-in cost above AED 1.5M on a headline AED 1.25M unit. At the upper end of the range, AED 10.1M for 378.39 sqm implies approximately AED 26,700/sqm. Buyers at that level should compare Colibri Views directly against off-plan versus ready options in established Dubai submarkets where resale liquidity is materially higher and the forward commitment risk of a Q1 2029 handover is absent. Browse all live off-plan projects across RAK and Dubai before allocating above AED 5M in a single forward position.
Al Jazeera Al Hamra Industrial occupies the northern stretch of the Al Hamra cluster in Ras Al Khaimah, adjacent to one of the Gulf's best-preserved pre-oil settlements — the historic pearl-fishing village of Al Jazeera Al Hamra, an abandoned but largely intact coastal community dating to the early twentieth century. The Industrial zoning designation reflects a mixed-use land fabric that includes light manufacturing, logistics operations, and residential parcels in proximity. This has a direct read-through to rental ceiling and appreciation velocity: the sub-district does not carry the lifestyle premium of fully residential communities and is not positioned to capture the short-stay demand driving gross yields in Al Marjan Island resort developments.
RAK's macro investment case remains among the most persuasive in the UAE outside Dubai. The emirate attracted AED 7.4 billion in FDI in 2023, and the Wynn Al Marjan Island resort — the first regulated gaming venue in the Gulf — targets a 2027 opening with a projected 3 million-plus annual visitors. Al Marjan Island projects nearest the Wynn footprint have re-priced aggressively since the announcement, with some per-sqm rates effectively doubling in two years. Al Jazeera Al Hamra Industrial benefits from this macro tailwind but at a remove: the location does not share the waterfront leisure identity of Al Marjan Island, and appreciation upside tied to the Wynn catalyst will be indirect and lag the waterfront corridor by several years.
For the buyer who wants RAK exposure without competing for over-bid Al Marjan Island allocations, Colibri Views offers a more measured entry into the emirate's growth trajectory. Infrastructure commitments — including the Etihad Rail network expansion and ongoing industrial port upgrades — support a gradual broadening of price appreciation across RAK sub-districts through to 2030. Confirm payment plan escrow arrangements with Major Developments directly and review the buying guide for off-plan due diligence requirements specific to Ras Al Khaimah, where the RAK Real Estate Regulatory Authority governs escrow protections and project registration independently from Dubai's DLD framework. Full area context is available in the Al Jazeera Al Hamra Industrial overview.
The 7% figure at Colibri Views is materially above the UAE off-plan norm of 2–4% and must be modelled as a hard acquisition cost. On the AED 1.25M entry 1-bedroom, this adds approximately AED 87,500 before Dubai Land Department fees (4%) and registration charges, pushing the true all-in entry cost above AED 1.5M. Buyers should confirm directly with Major Developments whether this is a developer-funded fee or a buyer-facing closing cost — the distinction changes the net yield calculation entirely. A 1-bedroom in Al Jazeera Al Hamra Industrial generating AED 55,000–65,000 per year in long-term rent would require approximately 18 months of gross yield just to recover combined agent and DLD fee exposure, before any mortgage service or service charge is applied.
Al Marjan Island off-plan launches in the AED 1.25M–1.5M bracket have repriced sharply since the Wynn Al Marjan Island announcement, with 1-bedroom per-sqm rates on waterfront positions regularly exceeding AED 25,000–30,000/sqm for new releases. Colibri Views' 1-bedroom band at AED 23,200–27,000/sqm for 53–55 sqm units sits at a modest discount to comparable Al Marjan waterfront product, directly reflecting the Al Jazeera Al Hamra Industrial address rather than a leisure-oriented frontage. Buyers willing to accept lower land premium in exchange for a lower entry cost may find the relative discount rational — but the appreciation upside is less direct than for Al Marjan Island positions tied to the Wynn 2027 visitor ramp and resort infrastructure spending.
Al Jazeera Al Hamra Industrial is a mixed-use sub-district combining residential parcels with light industrial and logistics land use. This constrains the lifestyle premium that drives short-term rental rates in purely residential or resort-facing zones. Gross yields here are more likely to reflect long-term residential tenants — industrial, logistics, and government workers — rather than the premium short-stay demand that elevates yields in Al Marjan Island resort communities. Resale liquidity before the Q1 2029 handover will track the broader RAK market performance; the [Al Jazeera Al Hamra Industrial area](/areas/ras-al-khaimah-al-jazeera-al-hamra-industrial) is a medium-term accumulation play rather than a high-velocity secondary flip. Study the [off-plan versus ready comparison](/compare/off-plan-vs-ready) before finalising any three-year forward commitment in this sub-district.