Property Overview
A 1-bedroom apartment in Sealine Residence by Al Zorah Development, located in Al Zorah, Ajman. The asking price is AED 1,099,999 for 939 sqft, equalling AED 1,171 per sqft. The property offers beachfront access with handover expected in Q4 2026. This is an Ajman property, not Dubai.
Property Highlights
- Type: 1-bedroom apartment
- Size: 939 sqft
- Asking price: AED 1,099,999
- Rate: AED 1,171 per sqft
- Location: Al Zorah, Ajman
- Feature: Beachfront access
- Payment plan: 10/50/40
- Handover: Q4 2026
Why the Price Qualifies as Below Market
The agent describes this as a 30% distress sale. No original purchase price has been supplied for verification. Property Finder lists 1BR units in Sealine Residence starting from AED 1,400,000. The asking price of AED 1,099,999 is approximately AED 300,000 (21%) below the PF starting price.
Agent Discount Claim
The agent claims a 30% discount. Without the original purchase price, this figure cannot be verified independently. The gap between the asking price and PF starting price is approximately 21%, not 30%. The agent's 30% claim may reference a different benchmark or an undisclosed original purchase price.
No Transaction Data Available
Sealine Residence is located in Ajman, which uses a different property registration system from Dubai. No DLD (Dubai Land Department) transaction data is available for this property.
About Sealine Residence
Sealine Residence is a freehold residential development by Al Zorah Development in Al Zorah City, Ajman. The project comprises 5 buildings with a range of studios, 1-bedroom, 2-bedroom and 3-bedroom apartments. Overall starting prices are from AED 1,360,000, with 1BR units from AED 1,400,000. Construction started in July 2024.
About Al Zorah
Al Zorah is a master-planned waterfront community on the coastline of Ajman, approximately 25 minutes from Dubai. The community spans over 12 million sqft and features mangrove reserves, an 18-hole golf course, beach clubs and hospitality developments. Al Zorah Development is a joint venture that manages the master plan.
Amenities and Facilities
Sealine Residence features private beach access, swimming pool, indoor and outdoor fitness facilities, children's playground, private gardens, business centre, covered parking and retail outlets at ground level.
Near Handover Status
With handover expected in Q4 2026, this property is approaching completion. Buyers should inspect the construction progress and confirm the exact handover timeline, as Q4 2026 is the current quarter.
Payment Structure
The developer payment plan is structured as 10% booking, 50% during construction and 40% on handover. Buyers should confirm the remaining payment obligations and amounts already paid by the seller.
Verification Notes
The asking price, unit size, beachfront feature and handover date are from the agent brief. The AED 1,171 per sqft rate is calculated. The agent's 30% discount claim is unverified as no original price was provided. Property Finder 1BR starting price of AED 1,400,000 provides market context (21% gap). This is an Ajman property with a different regulatory and registration framework from Dubai.