Ajman Property Law, Ajman Freehold, Ajman Properties, Ajman

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What is Ajman Free Zone?

What does Freehold mean?

Why Investment in Ajman ?

Luxuries of Ajman?

Who is the master developer?

Ajman Property Law

Ajman Property law attract investors to Ajman

The Ajman property law is governed by Decree No 7 and 8, 2008 which regulates the property and land sector within the emirate. It is made up of 34 articles which legalize the process of Ajman property and land ownership both for GCC Gulf Cooperation Council and UAE citizens. This also includes companies and public stock within the region.

Freehold Property in Ajman

The law allows non-GCC developers and buyers to own freehold property and land in designated areas determined and approved by the ruler. Apart from GCC nationals, other expatriates could obtain property on a freehold as well as 50-year leasehold basis that is renewable in areas designated by the ruler.

Role of Land Department

According to the law, the Department of Land and Property will regulate the sector, survey areas, approve the land map and the fees for the services provided by the department and register all properties. It is solely assigned to register property rights and long-term leasing contracts.

Inheritance Law

The inheritance notification must be registered with the property register, in case heirs have property rights within their inheritance. No dealings will be admitted unless registered.

Security for Investors

Dubai's Law No. 8 of 2007 on Guarantee Accounts of Real Estate Development (Escrow Account or Trust Law) has significantly contributed in streamlining property purchases in the emirate.

Infrastructure Development Projects

In an effort to evolve as a world class city, Ajman is investing on the development of its infrastructure. The value of infrastructure projects in Ajman has touched AED 1.4 billion in 2008. The following infrastructure projects will support the speeding up of real estate development in the emirate.

-	Sewerage System
-	Road network
-	Airport
-	Electricity
-	Public transport
-	Hospitality projects

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