Ajman recently held a VIP groundbreaking ceremony for a 220 billion dhirams real estate initiative aimed at developing the emirate's coastline into a sustainable residential, business and leisure community.
Named Al Zorah, the new city will be developed by the Al Zorah Development Company, a joint venture between the government of Ajman and Solidere International Limited, a leader in urban planning and the development of large scale projects in the Middle East and Mediterranean region.
Located along Ajman's pristine beachfront and creek, Al Zorah will be a self-contained, master-planned city containing varied residences, offices, retail, schools, hospitals and leisure facilities including marinas and a number of 5-star resort hotels.
It will be 12 square kilometres in area, with a built up area of 22 million sq m and will have a total of 16 kilometres of sandy white beaches and waterside walks.
In line with the vision of Shaikh Humaid bin Rashid Al Nuaimi, UAE Supreme Council Member and Ruler of Ajman, the project aims to transform the emirate into a world class residential, tourism and investment destination.
"Al Zorah is a milestone for Ajman, reflecting the combination of tradition and innovation that distinguishes the emirate," said Shaikh Rashid bin Humaid Al Nuaimi, chairman of the Al Zorah Development Company.
"Already a sought-after destination for high-value investors, who are drawn by its business-friendly regulations and relatively open marketplace, Ajman is entering a new chapter in its development. Al Zorah is a truly spectacular project that will become an international destination."