Al Zorah Development Company provides updates on $1.12bn worth of projects
The JV says a number of milestones have been achieved across a raft of projects
Al Zorah Development Company, a joint venture (JV) between the Government of Ajman and Solidere International, has achieved a number of notable milestones across its current ongoing projects.
In a statement, the holistic real estate master developer for the Al Zorah Area in Ajman said that 2022 was a successful year as it saw the successful launch and off-plan sell out of two beachfront luxury villa developments – Exclusive 21, Seaside Hills Villas and Seaside Hills Residence.
It also said several other projects in Al Zorah were completed, at a total development cost of around US $544.4mn. The projects included: District 9 and the Central Part includes 623 luxury villas and townhouses, as well as commercial show-room plots. It had a total development cost of $313mn; and The Fairways, which consists of 158 villas and townhouses, as well as residential building plots. Its total development cost was around $266.7mn.
HH Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Al Zorah Board of Directors said, “Under the vision and direction of the Ruler of Ajman, Al Zorah has become a landmark destination in the UAE, attracting thousands of visitors of many different nationalities whom all come to experience what the region has to offer.”
In late June 2021, Al Zorah Development Company said it had begun land-leveling works on District 9.
He continued, “From the pristine sandy beaches to the protected nature reserves, attractions, and luxury hotels, Al Zorah delivers a holistic lifestyle experience and a welcoming environment for all to enjoy. Through its commitment to the economic development of Ajman, Al Zorah will continue to create unique projects that will add value to Ajman and the surrounding emirates and serve the needs of the community and all visitors to the region.”
In addition, 2022 also saw the inauguration of the Zoya Health and Wellness Resort on 22 April, which increased the list of operational assets within the Al Zorah development. Construction also started on two other projects during the year. The first project was the Oberoi Hotel and Resort extension, which comprises eight additional two-bedroom beachfront villas, raising the overall resort inventory to 97 keys, in addition to an adult pool and a food and beverage outlet. The second project was a clubhouse at the Al Zorah Golf Club.
The Oberoi Beach Resort at Al Zorah is said to have been thoughtfully designed and curated as a scenic and relaxing retreat where families come to relax and unwind. The hotel offers sophisticated and modern architecture, open spaces, and views of the surrounding beaches and sea. The resort is also a wellness-getaway, featuring relaxing accommodations, international and health-focused cuisine, tailored spa therapies, water sport activities, and private beachside access.
The Al Zorah Golf Club is just a 25-minute drive from Dubai International Airport. It is billed as a world-class 18-hole golf championship course that invites players from all over the world. Designed exclusively by the Nicklaus Design Group, Ajman’s first ever golf course features expertly maintained fairways that lie within one-million-sqm of mangrove reserves. The golf course also offers a distinct challenge as its 12km-long waterfront and coastal areas change the landscape of the course on an hourly basis, challenging players throughout their circuit of the course.
In late April 2022, construction work commenced on the luxury clubhouse at Al Zorah Golf Club.
George Saad, Chief Executive Officer at Al Zorah noted, “The Al Zorah region is considered one of the UAE’s most spectacular tourist destinations in Ajman. Major attractions in the area include luxury resort developments on the seashore overlooking the Arabian Gulf and an 18-hole championship golf course. In addition, there are walkways and bike trails, restaurants and cafes, a marina, and an array of land and water activities provide a multitude of fun for the whole family.”
He concluded, “The location includes the Al Zorah Nature Reserve, one of the most beautiful natural features of Ajman. It is an ideal destination for lovers of ecological and nature tourism and mangroves, which are home to many resident and migratory birds, and where a variety of plants and tree species thrive. The coastline is also a sanctuary for large groups of fish and magnificent coral reefs.”
In late May 2022, Al Zorah Development Company launched the 21 villa residential project.
