Steady progress with Ajman sewerage project
www.zawya.com - December 11, 2007
- Ajman's new AED 800 million sewerage system is progressing on
schedule, with the emirate's Al Jurf, Hamidiya, and new industrial
areas now connected as well as part of Nuaimiya.
- Ajman Sewerage (Pvt) Co Ltd is now preparing to do the ground
works in Al Rashidiya which will be ready by the end of December.
- The first stage - screening of wastewater - is already completed
and fully operational along with seven pumping stations.
- Work on the secondary biological treatment is due to start
early next year.
- Capacity to handle 49,000 m3 effluent per day with a peak load
of about 78,000 m3, connected to 75,000 homes and businesses
on 12,500 plots of land.
- Construction works follows the best international standards of
quality in terms of materials and procedures.
- Treated water has the potential to transform large tracts of desert
areas into grassed or arable land.
More details of Ajman International Airport unveiled
By Nadia Saleem, Staff Reporter (Gulf News, May 4,2008)
- It will cover more than 60 million square feet, located 3.5
kilometres from Al Manama, Ajman.
- It will accommodate commercial aircraft. It will have a capacity of
1 million passengers a year rising up to 10.4 million by 2046, as
well as cargo of at least 400,000 tonnes, and corporate aviation
among other infrastructure capabilities.
- The cargo activities will take up 70 per cent of the airport services.
- There are niche services that can be provided by Ajman
International Airport that are difficult for large airports to manage.
(Said Burns)
- Services involving cargo jets, general aircrafts and low-cost carriers,
adding that this would make the project complementary rather than
a competition to other airports.
Work on Dh 12 Billion Ajman Airport to begin later this year
By Eman Al Baik on Tuesday, March 25 , 2008 (Emirates Business 24/7)
- Dh 12 Billion Ajman Airport project is expected to begin later
this year, 2008.
- The management of the airport will be the responsibility of ICTC,
which runs 200 international airports around the world including
Frankfurt International Airport.
- The project is expected to create 28,000 jobs.
Ajman Marina Work to Begin This Year
www.zawya.com April 12, 2008.
- Dh 3 Billion Project with 244,409 Square-metre.
- To be completed in 2015.
- Phase one will start this year and will be completed in 2010.
- Phase two will begin in 2011 and is scheduled for completion after
two years.
- Phase three will start in 2013 and is expected to complete in 2015.
- The Marina bay and the promenade to stretch for 1.7 km which
can accommodate up to 300 boats and will take up to 18 months.
- The project will deliver a total of 30 buildings - some are
high-rise towers of up to 60 floors and the low- rise buildings
will be of nine floors.
- Ajman Marina residential district will be 795,852 sq m.
- More than 65% of the project's built-up area is made up
of residential space.
- There are approximately 5,161 high-end housing units in both
high-rise towers and low-rise buildings that will cater to about
14,000 residents.
- 23% of the project - 273,695 sq m has been planned to cater
to 1,400 companies and 38,692 users.
- Project’s Master Plan is finished.
- The total parking area that will be offered will be about 541,849 sq m.
- Will have five-star hotel with 210 rooms and 15 suites, and luxury
hotel apartments that include 100 serviced apartments. In addition
to that, the hotel will provide 68,000 square metres of retail space.
- Walkway covers more than 50,000 sq m.
- There will be a total of 24,000 sq m of shopping outlets, a park and
a children's playground.
Ajman seals major real estate investment
Khaleej Times - November 29, 2007
DUBAI — Shaikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, unveiled on Tuesday 'Ajman Uptown', a Dh2.5 billion residential township located in Ajman and being developed and promoted by Sweet Homes.
'Ajman Uptown' is set to offer a total of 1,504 G+2 villas and townhouses and 7 G+4 buildings spread over 4 million square feet of land that is directly accessible from the Emirates Road and adjacent to Emirates City.
The project offers eight different types of two, three and four-bedroom
townhouses and exclusively designed five-bedroom VIP villas, all carrying the overall theme 'L' Art De Vivre' or 'Redefining the Art of Living'.
Ajman gets a further $13 billion for investment
www.zawya.com - January 25 , 2007
With a total amount of investments already reaching US 7 billion from projects launched after 2004 and 2005, Ajman is now planning to develop
four new major property projects that is anticipated to drastically alter
the emirate's landscape, making it more beautiful and distinguished than
before.
The total investments of just two out of the the four planned projects
have been estimated at a cost of US 15 billion. 'Ajman Marina' has an
investment of US 2 billion, while 'Al Azoura' comes with a price tag of
US 13 billion. For this new development, Ajman has put aside up to
US 600 million which will be dedicated to project's infrastructure, for the
coming two years.
His Highness Sheikh Ammar bin Humaid Bin Rashid Al-Nuaimi, Crown
Prince of Ajman, expressed his delight for the selling of the first phase of
the Ajman 1, which was launched at the gate of the emirate only two
months ago.
"The Government of Ajman is making plans for the next 10 years, which
include investment projects that will contribute to raising the economy
and tourism levels inside the emirate. In order to facilitate this success
we have to create amenities that investors need, including transportation
and roads as well as a metro that will link Ajman to Dubai.
Ajman Holding to invest Dh 1.5 Billion
Khaleej Times - October 3, 2007.
Ajman Holding, a diversified group of companies, yesterday said it plans to invest more than Dh1.5 billion over the next five years
in real estate projects, a hotel, malls and other infrastructure related
businesses in the UAE emirate of Ajman.
Shaikh Abdul Aziz bin Humaid Al Nuaimi, chairman of Ajman Holding Group, said that Ajman offers market access to over 1.8 billion
consumers throughout Asia and Africa with a market capitalisation of
more than Dh3.67 trillion ($1.4 trillion).
Emirates Post ventures into Ajman property
www.zawya.com - April 6, 2008.
Emirates Post Group has ventured into property development in Ajman
by entering into an agreement with Ajman Sports and Cultural Club to
develop malls & commercial buildings in Ajman on land owned by the club.
Emirates Post will build malls and commercial buildings in three locations,
with the Ajman club receiving a fixed percentage of the revenues annually
for a 20-year period.
In addition, Emirates Post Group will offer space to the Ajman club to
open supermarkets which will be run by the proposed Ajman Cooperative
Society.
The rest of the space will be used by Emirates Post Group to offer postal
and non postal services, for activities of subsidiaries companies and for
renting to outside companies.
Ajman to have Dh 4.5 Billion Mini-City
By Nissar Hoath on Tuesday, January 1 , 2008 (Emirates Business 24/7)
- A glamourous Dh4.5 billion mini-city, called Princess Resort,
will be built around the town. Nestled in the foothills of the Hajar
Mountain Range between Massafi and Al Dhaid on the north side
of the
Sharjah-Fujairah Highway.
- The mega project, 70km east of Ajman city, is being developed by
Dubai-based PKN Group.
- Designed to incorporate entertainment venues, palaces, lagoons,
equestrian trails and even snow-capped towers, the resort
comprises nearly 1,600 one- to three bedroom apartments along
with 100 exclusive villas and chalets and two five-star hotels with
488 rooms. Work has started and is scheduled to be completed
by 2010.
- To speed up the project, Group RCI, part of the Wyndham Worldwide
group of companies in the United States, has announced an
agreement with PKN Group to manage the vacation rental and
exchange courses for the new resort.
- Owners will also have access to 4,000 resorts worldwide that are
affiliated with the RCI vacation exchange network. Under the
agreement, Group RCI will manage more than 500 residential
units within the PKN holiday exchange programme.
Dubai Investments eye $2.7bn Ajman project
By Agencies on Wednesday, January 23 , 2008
(Emirates Business 24/7)
- Dubai Investments Co (DIC), is planning a real estate project in
Ajman worth more than Dh10 billion ($2.72 billion).
- The company's subsidiary Dubai Investments Real Estate Company
plans to increase investments to at least Dh 20 billion ($5.5 billion)
in the next five years from Dh3 billion ($821.9 million) now
By Chief Executive, Khalid Bin Kalban.
- The firm will post a growth of more than 50% in fourth-quarter
profit to possibly the second-highest quarter on record,
spurred by higher income from property projects.
GREAT Properties announces first project
Ameinfo.com - February 14, 2008 at 15:23
- Blossoms Towers project, which has a total investment value
of close to Dhs1bn.
- The Blossom Towers development is targeted at upper lower- to
middle-income earners.
- With approximately Dhs 1.4 Billion worth of real estate projects
under development, Ajman is currently ranked third out of all
the emirates in terms of development.
- Ajman's competitive status is due in large part to the development
of a number of large projects, such as the Ajman Marina,
Emirates City, Humaid City, Zayed City, Marmooka City, with many more on the way.
Dhs 1.7 Billion Rainbow Towers project 90% sold
www.zawya.com - Sunday, January 20 - 2008 at 12:40
- Residential development comprising of a total of 9 towers has
been sold, with the first six towers achieving 100% sales prior
and shortly after the project's launch in mid 2007.
- Acquisition of a 208,278 square feet plot in Emirates City.
- Expected to be completed by mid 2010.
- Entertainment Zone, a 15,274 square feet developed recreational
facility, which will provide entertaining activities to be enjoyed
by tenants.
- The recent launch of the Dhs2.5bn Ajman Uptown project, the first
freehold villa and townhouse community in Ajman, marks the first
phase of the developer's massive regional expansion.
Ajman unveils Dh220b project
By Nadia Saleem, Staff Reporter, Gulf News
Published: May 02, 2008, 00:30
- Dh220 Billion mixed-used freehold development was launched
on Thursday by Al Zorah Development.
- Located on the northern coast of Ajman.
- Will support a resident and working population of 200,000, with
residents making up about 85%.
- Project will take 5 - 7 years to be completed.
- It will be a self-contained community comprising residences,
offices, retail, schools, clinics and leisure facilities including five
marinas and a number of five star hotels and resorts.
- An area of 12 square kilometres will be covered, with a built up
area of 22 million square meters.
- Residential buildings will make up 52 per cent of the built up area,
offices 22 per cent, retail stores 11 per cent, hotels eight per cent,
with warehousing, storage and infrastructure making up the
remainder.
- 30% of the project, focusing on strategic buildings.
- Al Zorah will also house a retail mall spread out over 200,000
square meters, along with villages, golf course, parkway
development, equestrian centre, hospitals and other community healthcare facilities and three schools.
- It will also have large areas of water and green public spaces, as
well as 20 kilometres of canals and waterways. There will be a
total of 16 kilometres of sandy white beaches and waterside walks.
- The whole development will be linked to the Emirates Road with a
new 8.5-kilometre access road.
Emirates City on The Rise
By Eman Al Baik on Thursday, February 14 , 2008
Emirates Business 24/7
- Infrastructure and groundwork at the Dh15 billion Emirates City
in Ajman has entered an advanced stage, enabling developers
to start construction of their towers and residential units on
schedule, said a key contractor of the project.
- Tech Group, the umbrella company for its subsidiaries, Construction
Tech, Remix Tech, Aluglass Tech, Block Tech and Piling Tech among
others, has announced that it has completed Dh1bn worth of
groundwork and Dh500 million worth of piling and foundation work,
said Ali Ghalib Jaber, CEO of the Ajman-based company.
- Jaber said the group’s construction arm, Construction Tech, has
been commissioned to develop Paradise Lakes Towers – three
towers worth Dh250m. “Emirates City is one of the most
important projects being developed in the UAE. For this complex scheme to succeed, the companies involved in its development
have to be capable of delivering quality work according to a
specified schedule.
- Emirates City will offer more than 90 residential and commercial
towers and will include lakes and parks, a shopping district,
mosques, five-star hotels and educational and medical facilities.