Emirates City / Paradise Lakes [Ajman] - Property Development

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Emirates City is a residential and commercial town-sized development being built in the Emirate of Ajman. The AED 15 billion (US$ 4.1 billion) freehold development will be located on the Emirates Road, inclose vacinity to Al Ameera Village, which is a 20 minute drive from the Dubai and Sharjah International airports.

Emirates City will consist of around 72 residential and commercial towers, ranging from 20 to 50 floors. The towers will be surrounded by lakes and green parks, as well as having a shopping district, mosques, five star hotels, educational and medical facilities. It is being developed in stages, with the first stage comprising of the development of around 25 towers, while the following stages will involve the construction of the downtown area.

Paradise Lakes Ajman
This portion of the Emirates City, which is also known as Paradise Lake Towers, is a collection of 25-storey towers that surround the two Emirates City lakes.

Towers In Emirates City - Emirates City Tower Index
Lilies Tower - Tower with 1 to 3 bedroom apartments with 40 floors (AED 250 million)
Goldcrest Dreams - Four towers with 1,600 one and two bedroom apartments (AED 700 million)
The Lavender Tower - Tower with 1 to 3 bedroom apartments with 40 floors (AED 260 million)

Expected Completion Date - Unknown
Real Estate Developer - R Holdings
Location - Emirates Road, Ajman, United Arab Emirates

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pic, pics, photo, foto, photos, photograph, photographs, image, images Emirates City, a town sized development located in the Emirate of Ajman, has been launched today by R Holdings. The project, located on the Emirates Road, will cost $4.1bn and consists of 72 residential and commercial properties. The development is expected to encompass lakes and green parks, a shopping district, mosques, five star hotels as well as educational and medical facilities.The project being built at a cost of AED 15 billion is part of a range of projects currently under development that has been designed to expand and augment the economic progress of Ajman.Located at just a 20 minute drive from Dubai International Airport, this modern development sits directly on the Emirates Road, which is strategically linked to the other emirates of Ras Al Khaimah, Umm Al Quwain, Sharjah, Dubai and Abu Dhabi. The project consists of around 72 residential and commercial properties and is expected to encompass picturesque lakes and green parks, a shopping district, mosques, five star hotels, educational and medical facilities.Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Ajman Municipality and Planning Department, while speaking of the benefits that this new development will bring, spoke of the great role and guidance Supreme Council Member and Ruler of Ajman, H.H Sheikh Humaid bin Rashid Al Nuaimi has played in the overall development of the emirate."Ajman continues to grow economically and socially as a result of Sheikh Humaid bin Rashid Al Nuaimi's continued support for our emirate's economic activities, in addition to its social and scholastic development that is allowing for us to grow."Emirates City is one of several significant developments that are part of the ongoing maturity of the property sector in the UAE, which is enabling for us to provide a world class standard of living that is unbeatable anywhere."He added. "We envisage that this development like all the major projects currently under development across the entire UAE, will continue to draw a large amount of international investors from across the world to this country and Ajman in particular."Dr. Ahmed Al Samerai, board member of R Holdings, The Emirates City's developer and supervisor, spoke of the benefits this project will generate."What we are creating here is a development that is unique in the field of property investment. The social and economic benefit that this city will produce for Ajman and its neighboring emirates is immeasurable; The Emirates City is literally a city wide development that all people from a variety of classes and walks of life can benefit from."Here they will be able to take advantage of a standard of living in a residential environment, which provides a first class lifestyle that includes health care and learning facilities of the highest international standards.""In the Emirates City, there will be more than twenty five towers breaking ground in the first phase; the downtown area coming at a later phase will contain a shopping mall featuring all branded retail outlets. Furthermore, the city's five-star hotel will be more than a place to stay; it will have excellent dinning facilities and a swimming pool."Here, people will be able to live in a place that provides good security and welfare, which comes at an affordable price with no compromise in quality. For this project we have worked with the biggest and the best developers."People are looking for affordable prices away from the traffic and the noise, while having easy access to their work; all those elements and more will be available in the Emirates City," added Dr. Al Samerai.The development will include 72 residential and commercial towers that will be conducted in a phase manner. The towers range between 20 and 50 floors and will all have access to stunning park and lake views. The project will be freehold and available to all nationalities.

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