Waterfront Tower Project Debuts at Dubai Property Expo; Ajman Developer Showcases 40-Floor

DUBAI, United Arab Emirates, Aug. 16, 2026. Mawjan Tower, a 40-floor waterfront residential development stretching across 149,944 square meters along Ajman Corniche, will make its public debut at the International Property Show when the event opens September 7 through 9, 2026 at Dubai World Trade Centre.

Aqaar, one of Ajman’s leading real estate developers, has secured Platinum Sponsor status for the 22nd edition of IPS and will use the platform to introduce the project to developers, investors, government entities, financial institutions, and market leaders attending from across the globe. For residents and prospective homeowners evaluating waterfront living in the UAE, the tower represents a concrete addition to Ajman’s housing supply, one with panoramic views of the Arabian Gulf and more than 1,000 parking spaces across three dedicated levels.

The development’s residential mix has been designed to accommodate varying needs, from homeowners seeking a coastal address to investors tracking opportunities in the emirate’s evolving property market. Five podium levels are dedicated to amenities and services. The project contributes a significant new residential offering to Ajman’s skyline while merging the convenience of contemporary urban living with the character of a coastal destination.

Khaled Al Hosani, Executive Director of Ajman Properties Corporation, Aqaar, described the IPS appearance as a chance to expand the corporation’s reach. “Our participation in IPS 2026 represents an important opportunity to strengthen Aqaar’s presence among investors and real estate professionals, while showcasing our portfolio and the investment opportunities available in Ajman,” Al Hosani said. He added that the exhibition provides a platform to build relationships with developers and partners while exploring new areas of collaboration that support the corporation’s future plans.

Al Hosani also addressed the expectations of residents directly. “Our focus remains on development quality, long-term value creation and enhancing the customer experience. Looking ahead, we aim to further expand our real estate portfolio, strengthen our contribution to the growth of the sector and reinforce Ajman’s position as an attractive destination for residential and real estate investment.”

Meanwhile, IPS President Dawood Al Shezawi framed Aqaar’s participation as strengthening the regional depth of the exhibition while bringing greater international visibility to opportunities emerging across Ajman. “Mawjan Tower reflects the quality, ambition, and waterfront development potential shaping the emirate’s property market,” Al Shezawi said. He noted that by presenting the project at IPS, Aqaar engages directly with global investors and industry leaders while contributing perspective to discussions around urban growth, investment diversification, and the evolution of real estate across the UAE.

IPS functions as a global real estate marketplace where regional and international investors encounter landmark projects and emerging market opportunities. Beyond project visibility, the event enables developers to communicate their market vision, engage with capital sources, and establish relationships with decision makers influencing the industry’s next phase of growth.

Aqaar has contributed to Ajman’s property evolution through a diversified portfolio built around considered planning, development quality, and customer needs. The Platinum Sponsorship at IPS extends that positioning to an international audience. Coverage of the announcement is available at https://www.manilatimes.net/2026/08/17/tmt-newswire/globenewswire/aqaar-showcases-mawjan-tower-at-ips-2026-as-platinum-sponsor/2406491.

Whether Mawjan Tower’s September debut translates into broader residential uptake across Ajman, and what that means for housing access and urban development in the emirate, remains the question the coming months will answer.