United Arab Emirates Travel
First Time Visitor's Guide to Dubai
Dhabi - Ancient and Modern by Design
- The New Dubai
Ain: a True Oasis in the Desert
hotels and accommodation: Simply the Best
Attractions Of Ras Al-Khaimah
Attractions in United Arab Emirates
Area Guide - Fujairah
- The New Dubai by Frank Crowley
If you like luxurious living
and at the same time, don't want to spend too much money, then UAE is the
destination just waiting to be explored. The Middle East property market
is emerging as one of the most sought after for the rich and famous of
the developed countries, and UAE property presents an ideal destination
to park your hard earned money.
smallest Emirate in the UAE, Ajman (area just over 100 sq. miles) is every
bit a dream destination you've been looking for. The petro-dollars flowing
freely in the UAE makes Ajman more lucrative. The wealthy real estate developers
are looking to make Ajman as popular, if not more, as Dubai. While the
developmental works are in progress, it's a great opportunity to buy cheap
apartments Ajman offers to the British real estate investors. Undoubtedly,
the property prices in Ajman are, at present, lower than that prevalent
in Dubai. And the government of UAE is adopting the same developmental
model that worked wonders for Dubai.
Investment property Ajman
offers is of freehold nature. This concept was introduced in 2004 when
Ajman became only the second Emirate after Dubai to introduce freehold
property law. Ajman is situated strategically in the middle of Umm Al Quawain
and Sharjah. Even Dubai is situated within 40-minutes drive. This magnifies
the joy of living in the UAE, as every attraction and activity the country
has on offer is within accessible reach.
As mentioned earlier, the
prices of property in Ajman are extremely lower than Dubai. The budget
buyers can look forward to off plan property Ajman offers. Since the development
is underway at a massive scale, it makes sense to explore off-plan property
and buy apartment Ajman offers in plenty.
Located on an unspoilt coastline
that offers ample opportunities for the locals and visitors to indulge
in aquatic sports, Ajman also boasts of regal scenery that is not often
visible in crowded cities of Europe.
An often-overlooked fact
is that Ajman is witnessing some of the highest growth rates in the UAE.
During the past decade or so, this tiny Emirate is, individually, growing
at a double-digit growth rate. The political stability in the Emirates
is another high point associated with Ajman real estate. A liberal approach
towards foreign ownership of property is what separates UAE from other
Middle East countries. Besides, UAE is a moderate Muslim country, thereby;
the threat of terrorism in this part of the world is not as prominent as
in some other Middle East countries.
The laws, rules, and regulations
pertaining to the property transfer and registration are constantly undergoing
changes in the UAE. Thus, Ajman, for all its advantages and attractions,
offer a perfect location to invest heavily in property.
Let's have a look at the
kind of property Ajman currently offers. Ajman Pearl, Ajman One, Savannah
Heights, Emirates City, City Towers, Jumeriah Lake Towers, etc. offer ideal
apartments for small, medium, and large-scale investors. Those looking
for luxurious villas also have plenty of options to explore. The under-construction
Al-Zorah project, with an estimated cost of US$59.9 Billion promises to
be the most attractive real estate ventures undertaken in Ajman. This new
city is expected to generate plenty of job opportunities for the locals
as well as migrants.
There are also several towhhouses,
holiday homes, commercial properties, shops, and other real estate investment
opportunities, besides residential ones. The best part of investing in
these properties is the scope for appreciation. Ajman is still being developed
as a major real estate investment destination in the UAE, which means that
the market is in its infancy and presents several opportunities to buy
different kind of properties at virtually throwaway prices. The experts
are predicting fast maturity in the real estate market once the major development
projects are finished. So, the time to invest in the premier Ajman property
Ajman's skyline is touching
new heights with each passing day. The Emirate is transforming into a major
attraction of UAE. As a result, both the developers as well as the visitors
are flocking to Ajman to explore investment opportunities. This is also
contributing to the metamorphosis of Ajman real estate market into one
of the most lucrative ones in the entire Middle East.