Damac Properties expanded into the Ajman Waterfront Property Market. The developer has executed a land acquisition agreement with Al Zorah Development Company. They will construct a mixed-use waterfront residential community on the Al Zorah Creek. The investment is worth AED 3 billion ($816 million). It is the first phase of Damac’s long-term master plan for Al Zorah.
Damac Waterfront Project in Al Zorah, Ajman: Overview
- Project Name: Announcing Soon
- Investment: AED 3 billion ($816 million)
- Location: Ajman, Al Zorah Creek area
- Total Built-up Area: 1.4 million sq.ft
- Expected Launch Date: Q1 2027
- Phase 1: Two residential towers with 421 units
- Built-up Area Of First Phase: Approximately 333,218 sq ft
Damac Al Zorah Land Agreement: Who Signed the Deal?
The deal was signed by CEO George Saad of Al Zorah and Managing Director Amira Sajwani of Damac Properties. Many executives of both the firms attended the meeting. Along with Sheikh Rashid bin Humaid Al Nuaimi, Chairman of Al Zorah Development Company.
Al Zorah Ajman Location
The project is on the creek at Al Zorah in Ajman. Residents of the project will have an open view of the mangrove and creek. Moreover, the project offers plenty of open spaces between units for homeowners.
Al Zorah has become an integrated community with all the infrastructure facilities and lots of green areas and recreational spaces.
Apartments in Al Zorah, Ajman: Types and Sizes
Phase one provides a good mix of homes:
- Studios
- 1 bedroom apartments
- 2 bedroom apartments
- 2 bedroom loft Residences
- 3 Bedroom Loft Residences
This range is aimed at end users, investors and holiday home buyers.
Architecture and Design: The "Oasis Canyon" Concept
The community is supposed to be a peaceful neighbourhood. It is inspired by Japanese ideas of simplicity, serenity and connection to nature. The architecture is based on a 'Oasis Canyon' concept. It inserts the natural landscape into a vertical cityscape. Stepped terraces, hanging gardens and generous outdoor spaces create this look. Greens and water features are landscaped to complete the design.
Amenities and Facilities
The master plan includes a full lifestyle offering:
- Swimming pools
- Landscaped gardens
- Yoga and fitness areas
- Children's facilities
- Walking trails
- Water-based leisure activities
- Open-air cinema
- Spa and wellness facilities
- Waterfront promenade
- Dining destination with omakase experiences, private dining and waterfront terrace
The vision is very much on wellness and hospitality. Damac and Al Zorah are eyeing tie-ups with top brands in these sectors. Lifestyle and dining brands also feature on the list.
What the Officials Said
The deal reflects growing confidence among major developers in Ajman, said Sheikh Rashid bin Humaid Al Nuaimi. He tied it to Ajman Vision 2030, which seeks to attract investment, boost the economy and improve quality of life. “Partnerships like this will contribute to the development of Al Zorah as a unique coastal destination,” he said.
“The waterfront community that is coming will bring a new architectural and lifestyle concept to the waterfront,” George Saad said. It will focus on natural spaces, health and wellbeing and the link between homes and the environment around them. “Damac’s long-term interest is in line with Al Zorah’s commitment to sustainable value,” he said.
The project is a key step in Damac's expansion in the UAE, said Amira Sajwani. It shows confidence in Ajman's long-term plans, she added. “It can boost Ajman’s economy and tourism, attract more investment and boost its position as a leading UAE destination,” she added. “We want to make a place where people want to live and work and visit,” she said.
Why Invest in Ajman Real Estate?
- Major developer invests AED 3 billion in single waterfront site
- Prime waterfront location with views of creek and mangroves
- A well-established master community with a golf course and wellness destinations
- A wide range of homes, from studios to 3-bedroom lofts
- Wellness-driven living with a strong amenity package
- Government-backed growth under Ajman Vision 2030
Final Thoughts
The announcement of Damac’s move into Al Zorah is further confirmation of Ajman as a location of choice for the world's leading property developers. The waterfront setting of this wellness-led development will offer a range of homes, from studios to 3-bedroom lofts, with one of the phases launching in Q1 2027. Hence, now is a great time to start tracking this exciting development and register your interest to receive further information as it becomes available.
