Ajman is one of the seven emirates of UAE and it is the smallest among the rest of them with only 260 square kilometers of land but a beautiful coastal line gives this desert area a unique look of its own. Situated in the north of Dubai and the second emirate to be pronounced as freehold area by UAE government, this gave Ajman a real property boom in Real estate investment sector.
As a result of the recent prosperity and technological development, Ajman 's government offers a lot of various investment chances for the investors, local and international businessmen. Ajman Free hold 100% ownership rights, guaranteed residency visas for buyers and the booming free zone are attracting strong investment from GCC nationals and overseas buyers makes Ajman an economic, business, and traveling hub. Ajman is near to the ports of neighboring Emirates. It is near the international airports of both Sharjah and Dubai As a result, investment in Ajman is deemed as the investors’ paradise.
Real Estate Investment in Ajman:
The government of UAE in 2004 made this land area a major real estate investment area by making it a freehold investment area. Ajman real estate has thus been thriving and witnessing some of the major development and construction boom.The main investment field is real state and the variety tourism projects which include the housing estate, commercial and housing towers, complex estate, marketing centres, hotels and services attendant. The tourism resorts are the most attractive for the tourism movement, specially which are available on the beach and the tourism area in Ajman .
Soon after the government’s decision, Ajman became the center of attraction for Real Estate investment region. Investment in Ajman has literally become the next project for the Real Estate investors. According to the latest statistics, around 200 residential towers are under progress after 2004. Investment in Ajman is seeing its better proportion in different small and mega development in progress. Massive demand for freehold property in Ajman with adjacent developments such as Marmooka City, selling very quickly, particularly to overseas markets. The reason is lower property cost as compared to other UAE estates.
Property in Ajman has already attracted many flagship real estate investments and many more projects are awaiting approvals just because of its easy access to Dubai and Sharjah. Investment in Ajman gives you a wide array of fabulous opportunities that will boost up your investment revenues. The day is very near when Ajman will be the most developed Emirate of UAE. read more