11 November 2009
Tenants of two towers (A3 & B4) within the 9-building residential complex in Ajman move into their new homes

Sweet Homes Holdings (SHH), a leading UAE-based developer and multi-service provider to the real estate sector, announced that handover of units has commenced in 'Al Khor Towers', a project of the Real Estate Investment Establishment (REIE)Real Estate Investment Establishment (REIE) , an agency that undertakes private real estate investments under the Ajman Department of Private Properties. The company, which is in charge of the exclusive marketing initiatives for 'A3' and 'B4', two of the nine apartment buildings comprising the residential complex, further revealed that tenants within the two towers have started moving into their new homes. This follows earlier reports that confirmed the completion of both buildings, which are collectively valued at AED 70 million.

Offering a total of 133 two- and three- bedroom apartments, 'A3' and 'B4' are designed to offer spacious modern residential units, with only a total of four apartments - ranging from 1,518 to 2,366 square feet - on each floor. With excellent views of Ajman Creek, the lavish apartment units incorporate two balconies and a maid's room with an attached bathroom, chilled water central A/C and fresh air systems. Each tower will also have a large marble reception area and three high-speed elevators, 24/7 maintenance and security, convenient car park facilities, with the ground floor of the 'A3' tower set to house a selection of retail shops.

"The prompt completion of this project underlines the commitment of the Ajman Government to grow the emirate's real estate sector by undertaking large-scale developments that attract investors from across the UAE and the region," said Fahad Sattar Dero, CEO, Sweet Homes Holdings. "As the company handling the exclusive marketing initiatives for towers A3 and B4, we are proud of our contribution to the success of this high-value project. We are confident that a new lifestyle and convenience have already started for the families and individuals who will reside in to these excellent apartments."

Launched in 2006, 'Al Khor Towers' offers 100 per cent freehold status to residents. Located in the Al Khor area, near the Ajman Free Zone Etisalat building and Ajman City Centre, the project boasts of a strategic location, which is only one of the many advantages of the development. To highlight the project's unique benefits and ROI potential, Sweet Homes has undertaken extensive promotion and marketing campaigns, and leveraged its extensive experience in property management in the region. Some of the other developments, which the company has successfully handled include 'International City', 'Rufi Twin Towers', 'DEC Towers', 'Corniche Towers', 'Falcon Office Tower' and 'Falcon Residential Tower' has been a true honour, and we are looking forward to being part of their future developments, which are always carefully planned to complement the government's aim to develop Ajman's real estate sector. The sales success of the two towers we have handled is a testament to the quality of government-baked property projects, which continue to attract a significant number of investors," concluded Dero.