Ajman unveils $3bn marina project

An artist's impression of Ajman Marina.

Ajman on Tuesday unveiled a $3 billion real estate project aimed at transforming the UAE emirate into a commercial and residential seaside haven.

Ajman Marina is being developed by Saudi-based property firm Tanmiyat and is expected to take five years to complete.

To be constructed in two phases along a 12-acre stretch of land near the Ajman Kempinski Hotel, the development when completed will provide residential accommodation for 21,000 people.

Ajman Marina will include residential and commercial buildings, a five-star hotel and a yacht club, as well as retail, leisure and dinning facilities.

Architecture firm HOK has been appointed master develop, while management advisory firm impaQta will carry out the feasibility studies on the different aspects of the project.

The Ajman Marina project was first announced in February this year.

Print | Email | Discuss this article

| Share |

READERS' COMMENTS

Click here to post a comment

Add your Comment All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic. Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *	(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Enter the words above *
Please click post only once - your comment will not be published immediately.

MORE FROM ARABIANBUSINESS.COM