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UAE’s Ajman to build AED 13 billion real estate city

By NNN-WAM,

Ajman : Sheikh Humaid bin Rashid Al Nuaimi, UAE Supreme Council member and ruler of Ajman and Ajman Oasis have signed an agreement to build a fully integrated real estate city in the Al-Tallah area along the Emirates Road between Ajman and Sharjah.

Stretched over an area of 40 million sq ft, the AED 13 billion project, which will be constructed over 10 years, will comprise a shopping mall, hotels, mixed-use towers, hospital, school and other amenities. (USD 1 = AED 3.67300)

The developer has commenced work on the design phase.