Ajman: Sweet Homes unveils $38m hotel apartments
Expected to be completed in 2019, the hotel apartment will also include 650 parking spaces, three coffee shops, eight restaurants, and a health club
Ajman-based master developer, Sweet Homes Group, revealed the launch of the company’s first $38m (AED141m) hotel apartment project in Ajman.
The announcement was made during the company’s participation in the Ajman Real Estate Conference 1, an event organised by the Real Estate Regulatory Agency – Ajman (ARRA).
The new projct will be strategically located along Sheikh Mohammad Bin Zayed road. Once completed, the development will feature 272 studios and 72 one-bedroom apartments, across an area of 11,394m2.
Expected to be completed in 2019, the hotel apartment will also include 650 parking spaces, three coffee shops, eight restaurants, and a health club.
Fahad Sattar Dero, MD and CEO, Sweet Homes Group, said: “Our participation and as on sponsor of the Ajman Real Estate Conference 1 has served as a strategic opportunity for us to announce Sweet Homes landmark project, especially in the presence of His Highness Sheikh Ammar Bin Humaid Al Nuaimi Crown Prince of Ajman and Chairman Executive Council of Ajman.
“This new initiative reflects the company's strategy to offer affordable yet luxurious serviced apartments. We are confident to complete this project in 2019 to help accommodate visitors visiting the UAE for Expo 2020.”