Company Profile

Al Zorah Development (Private) Company Ltd P.S.C. was incorporated on October 31, 2007 as a Free Zone Company under the laws of Ajman, U.A.E. Its object is to carry on all business relevant to the development of Al Zorah area, acquire lands and properties and market, manage and lease the same foritself or other parties’ accounts, including real estate brokerage services.

Chairman: HH Sheikh Rashid bin Humaid Al Noaimi
Chief Executive Officer: Mr. Imad Mohamed Amin Dana

The Company’s life is 99 years. Its capital is AED 4 billion, consisting of 40 million shares with a par value of AED 100, of which AED 2.12 billion were contributed in kind by the Ajman Government and Solidere International (the Al Zorah land); and AED 1.88 billion were a cash contribution by SI Al Zorah Equity Investments, Inc.