Business | Property

Sweet Homes launches seven towers in Ajman

Sweet Homes said on Tuesday it has launched seven commercial and residential towers collectively valued at Dh1.3 billion.

  • Staff Report
  • Published: 23:53 June 17, 2008
  • Gulf News

Dubai: Sweet Homes said on Tuesday it has launched seven commercial and residential towers collectively valued at Dh1.3 billion.

The developer's latest projects will be constructed within Ajman Uptown, a Dh2.5 billion community development, which will accommodate the first freehold residential villas in Ajman. In addition to seven buildings, the township is also set to offer a total of 1,504 villas and townhouses spread over four million square feet.

With the aim of providing investors with a wide array of residential units to invest in, Sweet Homes will construct five mixed-use luxury towers, including Heliconia, a 42,936 square metre building, which will boast of a total of 352 studio, one- and two-bedroom flats and 30 prime retail spaces on the ground floor; 'Iris', a 22,741 square metre development with 188 flats and 15 commercial spaces; and Jatropha, a 21,751 square metre mid-rise structure, which will house 184 residential and 14 commercial units.

Set to offer 224 residential flats and 28 business spaces is Kentia, a 30,430 square metre project, along with Ludisia, which will offer 148 apartment and 14 retail units within its 17,321 square metres.

"Our vision of establishing Ajman as a new real estate destination in the region is fast becoming a reality, said Fahad Sattar Dero, chief executive of Sweet Homes Group.

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