DAMAC Al Zorah Creek Project by DAMAC Properties at a glance
DAMAC Properties has signed a land deal with Al Zorah Development Company for an AED 3 billion waterfront project along the creek in Al Zorah, Ajman. Phase 1 is two residential towers with 421 units. DAMAC expects to launch it in Q1 2027. The design concept is called Oasis Canyon. The project name, prices and payment plan are not published yet. The deal was reported by TradeArabia on 10 November 2026.
| Developer | DAMAC Properties |
| Land partner | Al Zorah Development Company, a joint venture of the Government of Ajman and Solidere International |
| Location | Along the creek in Al Zorah, Ajman |
| Project name | Not yet published by the developer. Oasis Canyon is the name of the design concept |
| Investment value | AED 3 billion (USD 816 million) |
| Total built up area | 1.4 million sq ft planned |
| Phase 1 | 2 residential towers, 421 units, about 333,218 sq ft built up |
| Unit types | Studios, 1 and 2 bedroom apartments, 2 and 3 bedroom loft residences |
| Expected launch | Phase 1 in Q1 2027 |
| Starting price | Not yet published by the developer |
| Payment plan | Not yet published by the developer |
| Service charge | Not yet published by the developer |
| Handover | Not yet published by the developer |
Phase 1: two towers and 421 units
Phase 1 is two residential towers with 421 units and about 333,218 sq ft of built up area. The mix runs from studios to 1 and 2 bedroom apartments. There are also 2 and 3 bedroom loft residences. The full project is planned at 1.4 million sq ft of built up area, so Phase 1 is roughly a quarter of it. DAMAC says the deal marks the start of broader long term investment in Al Zorah.
Oasis Canyon design and amenities
The Oasis Canyon concept uses stepped terraces, hanging gardens and large outdoor spaces. TradeArabia reports that the design draws on Japanese ideas of simplicity, serenity and connection with nature.
- Swimming pools and landscaped gardens
- Yoga and fitness areas
- Children’s facilities and walking trails
- Water based leisure and a waterfront promenade
- Open air cinema, spa and wellness facilities
- A dining venue with omakase style dining
Location: Al Zorah, Ajman
Al Zorah is a waterfront district in Ajman built around a creek and a mangrove reserve. It is master developed by Al Zorah Development Company, a joint venture of the Government of Ajman and Solidere International. The DAMAC plot sits along the creek. The exact plot has not been published. The signing took place in the presence of Sheikh Rashid bin Humaid Al Nuaimi, Chairman of Al Zorah Development Company.
Cresco already covers other Al Zorah projects, such as Creekside Residence and Seaside Hills Residences.
Not the Samana project in Al Zorah
Samana Developers has a separate project in the same district. In January 2026 it agreed to buy a waterfront plot in Al Zorah Marina 1 for an AED 2.7 billion development with more than 2,000 units (Zawya, 29 January 2026). That is a different developer and a different plot. Check which one you are being offered.
What this means for a buyer
There is nothing to buy yet. DAMAC expects to launch Phase 1 in Q1 2027. What you can do now is decide what you want. Imagine you want a 1 bedroom unit to rent out. When the price list lands, the questions are simple. What does it cost per sq ft? What will it rent for? What will the service charge take?
Price comparison. Al Zorah is in Ajman. Sales there are registered with Ajman’s own land department, not the Dubai Land Department. Cresco’s register based price comparisons use Dubai Land Department data, so they do not cover Al Zorah. We will not quote listing prices as if they were sales.
Fees. The 4% transfer fee is a Dubai Land Department fee. Ajman sets its own fees. Ask for the Ajman registration fee in writing before you pay a booking deposit.
Golden Visa. A property worth AED 2 million or more can qualify for the 10 year UAE Golden Residency (ICP). Studios and small apartments may fall below that. Check the price of your unit against the threshold.
Supply. Phase 1 adds 421 units. Samana’s separate Al Zorah plan adds more than 2,000. Rents and resale in the district will depend on how many units hand over in the same years. Neither developer has published handover dates.
Honest limits. No price, payment plan, service charge, handover date or escrow details are published. Rent and gross yield for comparable ready units in Al Zorah are not available on our data basis, so we do not quote them.
What the developer has not published yet
- Project name
- Prices and price per sq ft
- Payment plan
- Unit sizes and floor plans
- Service charges
- Handover date
- Exact plot location
- Escrow account and project registration
Frequently asked questions
What is DAMAC’s Al Zorah project?
An AED 3 billion waterfront project by DAMAC Properties along the creek in Al Zorah, Ajman. It is planned at 1.4 million sq ft of built up area. Phase 1 is two towers with 421 units.
When does DAMAC launch the Al Zorah project?
DAMAC expects to launch Phase 1 in Q1 2027, according to TradeArabia on 10 November 2026. No exact date has been published.
What unit types will Phase 1 have?
Studios, 1 and 2 bedroom apartments, and 2 and 3 bedroom loft residences.
What is Oasis Canyon?
Oasis Canyon is the design concept for the project, with stepped terraces, hanging gardens and large outdoor spaces. DAMAC has not published a project name yet.
What are the prices and payment plan?
Not yet published by the developer. Cresco will add them here when DAMAC releases them.
Is this the same as Samana’s Al Zorah project?
No. Samana agreed a separate AED 2.7 billion project with more than 2,000 units in Al Zorah Marina 1 in January 2026.
Speak to Cresco Real Estate about the DAMAC Al Zorah project
Cresco Real Estate is a RERA registered brokerage in Dubai, ORN 34288. Register with us and we will send you the DAMAC Al Zorah prices, floor plans and payment plan as soon as sales open. Call us on +971 4 529 9647 or 1-833-CRESCO-6, or send us your requirement.
Sources: TradeArabia, 10 November 2026; Zawya, 29 January 2026, via TradingView; ICP, UAE Golden Residency.
More about Ajman
Read the Cresco area guide to Ajman. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
You may also want to read work out the rental yield.
