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Ajman Achieves Milestone with Historic $8.4 Million Palace Sale

The luxury real estate market in Ajman has reached unprecedented heights as Al Zorah Real Estate Development finalizes a historic $8.4 million sale of a waterfront palace. This significant transaction not only marks the highest-ever home sale in Ajman but also underscores the burgeoning appeal of this emirate as a prime location for opulent living. With luxury residences like the Al Zorah City penthouse also changing hands, momentum in the real estate sector continues to build.

The Ajman luxury real estate market has achieved a remarkable feat with Al Zorah Real Estate Development, a collaboration between the Government of Ajman and Solidere International, completing the sale of the two most expensive residential units ever recorded in the emirate.

The landmark deals include an ultra-luxury waterfront palace and a breathtaking beachfront penthouse situated within Al Zorah City, conveniently located near the soon-to-be-launched Four Seasons Al Zorah Resort.

The first transaction features a five-bedroom beachfront palace located within the Sea Glints Mansions project, sold for approximately AED30.8 million ($8.39 million), thus achieving a new benchmark for residential property values in Ajman.

This exquisite palace boasts a built-up area of 7,338 square feet on a sprawling 14,000 square foot plot. It includes luxurious finishes such as marble flooring, custom-designed woodwork, landscaped gardens with a private pool and jacuzzi, as well as kitchens and bathrooms equipped with high-end international fixtures and advanced smart home systems.

Sea Glints Mansions comprises only seven exclusive beachfront palaces, strategically situated right next to the anticipated Four Seasons Al Zorah Resort, significantly enhancing its appeal.

Ajman Real Estate Records

In addition, Al Zorah confirmed the completion of a sale of a four-bedroom penthouse within the Sea Line Residences project, another luxury waterfront development in the vibrant Al Zorah City, valued at AED9 million ($2.45 million).

The 4,612-square-foot penthouse offers generous indoor and outdoor living spaces, soaring ceilings, panoramic sea views, and direct beach access. Sea Line Residences features 99 residential units, with delivery anticipated in December 2026.

Commenting on the landmark sales, George Saad, CEO of Al Zorah Real Estate Development, stated: “These exceptional sales reflect the growing confidence in Al Zorah’s vision, which places nature at the heart of urban planning and offers an integrated coastal living model that combines design quality and long-term value for residents and investors.”

Spanning 5.4 million square meters of protected coastal landscape, Al Zorah City is defined by an environmentally conscious urban plan that boasts a one-million-square-meter natural mangrove reserve.

Moreover, the development features an array of integrated sports and leisure facilities, including Al Zorah Golf and Yacht Club, which houses an 18-hole championship golf course designed by Nicklaus Design, a yacht marina, and a forthcoming beach club.

This blend of astute urban planning and environmental sustainability has attracted a diverse array of international buyers and residents, solidifying Al Zorah’s status as one of the UAE’s most promising emerging residential and investment destinations, particularly in light of the region’s highest-ever home sales.

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