(MENAFNEditorial) Sweet Homes Holdings (SHH) has announced the handover of the $138m Falcon Towers project in Ajman to the first batch of investors. The eight-tower project consists of seven residential towers and one office tower.
The residential towers include a ground floor, four floors for parking and 20 residential floors. Each of the residential floors has four three-bedroom units, two two-bedroom units and one-bedroom units.
The office tower is a single-block tower consisting of a ground floor, four parking floors and 23 typical floors for commercial use.
Falcon Towers is part of the Ajman Freehold Property portfolio, and is the fifth project to be completed in the emirate by the developer.
The project is situated in the centre of Ajman's new corporate district, and is in proximity to key establishments like banks, offices, malls and restaurants.
'Ajman has emerged as a location for residential, commercial and mixed-use projects, said Yafea Eid Al Faraj, executive director, of the Ajman Real Estate Regulatory Authority.
'Falcon Towers is envisioned to transform Ajman as a new residential destination for the UAE," said Fahad Sattar Dero, CEO of SHH.
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