Aqaar Properties announces Phase 2 of Dhs2.7bn 'Ajman One'

The company will launch Phase 2 of its maiden project, Dhs2.7bn 'Ajman One', the premier residential, commercial and hospitality complex and will also unveil Aqaar's inaugural luxury project, which will be the first waterfront development in Ajman.

"With the launch of Phase 2 of 'Ajman One' and a new luxury development soon to be announced, the emirate of Ajman is entering a new era of exciting growth and progress. Ajman is transforming from a quiet emirate into a vibrant and progressive tourism and business destination,"

said His Highness Sheikh Rashid bin Humaid Al Nuaimi, Chairman, Municipality and Planning Department of Ajman.

As the first commercial hub of its kind in Ajman, Ajman One - Phase 2 will attract ready investors and businesses as well as stimulating the local economy by generating jobs for the local workforce.

Phase 2 is strategically located in the heart of Ajman's newest free zone - the Ajman One business district.

It is also minutes away from Dubai International Airport, Sharjah International Airport and four world-class ports, enhancing Ajman's potential as a business and commercial destination, by providing convenient accessibility to regional and global markets.

Ajman One's Phase 2, as an integrated commercial and hospitality complex, consists of three freehold office towers, a convention centre, and a four-star business hotel with serviced apartments.

The three commercial towers, called Apex Business Towers, will house 640 offices, showcasing state-of-the art meeting rooms and facilities, cutting-edge equipment and Wi-Fi hotspots, which will enable professionals the flexibility they need to efficiently conduct business.

With Towers One and Three reaching 27 levels and Tower Two with 26 floors, a variety of office sizes and floor plans are available. Office sizes vary, starting from 120m to 140m, with the largest space being 175m to 202m.

There are six floors of undercover parking with over 1000 individual spaces.

The Ajman One Convention Centre is the first of its kind in the emirate and will be a key venue for meetings and events.

It provides a full range of meeting spaces, from small rooms to an auditorium, as well as foyer areas and additional spaces which can be adapted for use as an exhibition space or pre-dinner function venue.

The centre will also offer a vast array of entertainment and cultural activities for the community.

The Ajman One Hotel will set the benchmark for the hospitality industry in Ajman, offering highly personalised service. Both hotel rooms and serviced apartment options are available to guests.

The hotel is designed in a fresh architectural style and offers unsurpassed views of the coastline, with beach access just a short walk away.

Clients and business partners will be able to combine business with pleasure in a pristine, tranquil environment.

"Under the visionary leadership of His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, the emirate is now experiencing dynamic growth and Aqaar is at the forefront of Ajman's present transformation. The company knows it is the right time to set new directions in areas of outstanding investment potential and, despite much speculation, Aqaar's new waterfront development has been something of a closely guarded secret," said Mr. Rami Dabbas, CEO of Aqaar Properties LLC.

The ultra-deluxe development is planned to cater to the high-end market.

Fashioned in a style reminiscent of marina living, this new development will be the ultimate in 'get-away' luxury and will also boast seven high-rise towers, a luxury hotel, exclusive residences, a souk, a luxury health spa, a mix of lavish retail shops, al fresco dining with views of the beach and a range of adventure activities.

Situated in an exclusive enclave at Ajman beach, it is sealed off from the ordinary world, offering an intimate, private and relaxing sanctuary to guests and residents.

The new development will offer hospitality experiences for the most discerning travelers by delivering distinct experiences immersed in culture, heritage and natural beauty.

"Aqaar will commence development of premium projects that cater to the high-end market, providing investments with high value returns. It will continue its focus on creating prestigious tourism initiatives for Ajman," he concluded.

Further details of Aqaar's new luxury development and Phase 2 of 'Ajman One' will be revealed at the company stand (RB10) at Cityscape Dubai in DIEC- Sheikh Rashid Hall.