Dubai, United Arab Emirates
Sweet Homes, a leading UAE-based developer and multi-service provider to the real estate sector, has announced plans to develop an AED 600 million Hotel and Serviced Apartments complex within 'Ajman Uptown', an AED 3 billion community development, which is currently under construction in Ajman. The developer has also revealed that it is currently negotiating with leading hotel operators for the management of the 5-star hotel and luxury residential complex. The move follows the recent launch of seven commercial and residential towers, collectively valued at AED 1.3 billion, within the high profile master development.
"As our flagship project, we have envisioned 'Ajman Uptown' as a world-class community that will encompass all the elements of a thriving social community that can support the growth of individuals and organisations," said Fahad Sattar Dero, CEO, Sweet Homes Group. "We are proud to have brought the first freehold villa and residential community to Ajman, and now we have taken our commitment to the emirate's development to the next level through the launch of a world class hotel and serviced apartments complex. We are currently talking to several internationally reputed hotel operators who are very interested in the project and we will be announcing further details very soon."
Designed by the internationally-reputed architectural firm, Eng. Adnan Saffarini Office, Sweet Homes will shortly be launching the sales of these freehold serviced apartments that will provide lavish comforts and state-of-the-art facilities to investors looking for an ideal community development in Ajman.
Sweet Homes had recently launched five mixed-use luxury towers, including 'Heliconia', 'Jatropha', 'Ludisia', 'Freesia' and 'Gardenia'.
'Ajman Uptown' is spread over more than three half million square feet of land with 1.5 km long shopping walkway boulevard that is directly accessible from the Emirates Road. Bringing more value to its offerings, the developer also offers a unique flexible four-year self-financed payment scheme, which allows investors to pay up to 50% of the value until the project's completion, 25% upon delivery and the remaining 25% after the handover.
*Source: ME NewsWire
Sweet Homes Real Estate
PO.Box 35616, Dubai, UAE
Tel: +971-4-295-5640
Husain@sweethomesuae.com
Source: Business Wire (Business Wire India)