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Ajman, United Arab Emirates
Al Zorah Development Company has signed a land acquisition agreement with DAMAC Properties to develop a mixed-use waterfront residential project in Ajman, valued at AED 3 billion.
The development will have a planned built-up area of approximately 1.4 million square feet. Its first phase will comprise two residential towers featuring 421 units, with launch expected in the first quarter of 2027.
The project will include apartments, loft residences, landscaped areas, wellness facilities and a waterfront promenade.
The partnership marks a significant step in DAMAC's expansion across the UAE and supports Al Zorah's development as an integrated coastal destination.
SEO Caption: DAMAC and Al Zorah announce an AED 3 billion waterfront residential project in Ajman, featuring 421 units in its first phase.
For more Information contact: www.dxrprop.ae
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