DAMAC Properties has signed a land acquisition agreement for a mixed-use waterfront residential project in Al Zorah, Ajman, valued at AED 3 billion. The deal with Al Zorah Development Company was signed on 10 November, and the first phase is expected to launch in the first quarter of 2027.
Al Zorah Development Company is a joint venture between the Government of Ajman and Solidere International. The agreement is described as the start of broader, long-term investment by DAMAC in the community.
01The project in figures
| Item | Detail |
|---|---|
| Value | AED 3 billion |
| Location | Along the creek in Al Zorah, Ajman |
| Planned built-up area | About 1.4 million sq ft |
| First phase | Two residential towers, 421 homes |
| First-phase built-up area | About 333,218 sq ft |
| First-phase launch | Expected in Q1 2027 |
| Homes | Studios, one- and two-bedroom apartments, two- and three-bedroom lofts |
Al Zorah Development Company and DAMAC Properties, via WAM, 10 November 2026.
02Design and amenities
The community is planned as a quiet neighbourhood inspired by Japanese ideas of simplicity and closeness to nature. Buildings and shared areas are set out to face the creek and the mangroves, with generous spacing between towers for privacy.
The architecture follows an "Oasis Canyon" concept of stepped terraces, hanging gardens and large outdoor spaces. Planned amenities include pools, gardens, yoga and fitness areas, children's facilities, walking trails, water sports, an open-air cinema, a spa and a waterfront promenade.
A dining venue with omakase and private dining is also planned. Wellness, hospitality and dining brand partnerships are being explored.
03What it means if you are buying
The project brings DAMAC to Al Zorah, a coastal community of creeks, mangroves, a marina and a Nicklaus-designed golf course. Residents will share the community's existing golf, wellness and hospitality facilities.
Prices and payment plans are on request ahead of the 2027 launch. For homes already planned in the community, see Lorévia Collection Al Zorah, and our Ajman guide lists every project in the emirate.
SourcesWhere this story comes from.
Sources
- WAM (Emirates News Agency): Rashid bin Humaid witnesses Al Zorah, DAMAC agreement for AED3 billion Ajman project, 10 November 2026
Corrections
- No corrections to this story. If something has changed or is wrong, tell us and we will correct it and log the change here.
11 Nov 2026, 17:54 GST · Reported by OffPlan Insider Newsdesk, checked against the developer's own material before publication.
