Q:8. What does the term leasehold Property mean?

A: A leasehold Property means that the owner does not own the property or the land outright. There is a lease for which a term of years grants the owner the right to occupy the property/land. There may be a rent or ground rent to pay the Landlord.

Q:9. How does financing work in Ajman?

A: Generally there are payment plans offered by the developers of 1, 3, 5 and in certain cases as long as 7 years. Financing is different from other areas of the world in that it is very difficult to obtain long-term financing from the bank as there is no system to check credit records in the UAE, so instead banks review account turnover (flow of funds into and out of the account). Bank policies with regards to financing are generally very strict.

Q:10. If I purchase Property in Ajman, am I guaranteed a residence visa?

A: Recently, the Ajman government has announced that real estate buyers in Ajman or a person who Buy Property in Ajman will be granted residence visas, provided to project developers in the UAE emirate. This visa will bear a one-year validity period, and will be renewed annually in the emirate of Ajman. Agreements will be signed by project developers with the master developers for issuance of visas. Only an investor or buyer, who gains possession of the apartment will be granted residence visa, provided the developer issues a no-objection letter.

Q:11. What are the names and locations of the regions in Ajman?

A: There are three geographical regions in Ajman and they each differ considerably according to their distances from the Persian Gulf. The three regions are Ajman City, Masfout region and Al Manama region. Ajman City lies on the 16 kms of Persian Gulf coastline and extends inland. The City is growing daily due in part to the economic and real estate property boom in the region. Masfout Is situated approximately 110KM away from Ajman to south east. Masfout is 46 Kms square and consists of Masfout city, Muzairah and Sabeegah. Residents descend from highbred and ancient tribes such as the Bedwat and Bani Kaab tribes. Masfout is famous for agriculture due to its fertile soil, wide valleys and moderate climate. Al Manama is situated about 73 Km inland of Ajman city towards the east. The road through Sharjah and Fujairah passes opposite it. Manama contains many sandy, pebbly plains and also has fertile valleys in some parts.

Q:12. What are the benefits of Investment in Ajman over Dubai?

A: There are significant advantages of investment in Ajman right now as compared to Dubai. Following are a few of these advantages:

More affordable price points:

Q:13. What are the steps involved for me to secure the unit(s) or floor(s) of my choice?

A: The first step is to contact a Realtyna Sales Executive, either by filling out an offline assessment form (make link) or logging into our online chat system (make link) to chat with one of our agents. From there, the agent will identify the absolute best project for you depending on your needs and your criteria. After the project has been chosen, the Sales Executive will send you various details about the project including updated availability and pricing, payment plans, parking schedule, project renderings, project amenities/features list, floor plans and unit views and details. After you have reviewed all of the material, had all of your questions answered and you have chosen your unit(s) or floor(s), your Realtyna Sales Executive will forward you a booking form for you to fill out and return in order to reserve your unit, along with confirmation of wire transfer/payment of the booking fee. The booking fee is to hold the unit and all monies will be put towards the purchase of your unit, this fee is not a charge, rather a guarantee of interest in order to reserve the unit. Following receipt of the booking fee, you have secured your unit(s)/floor(s) and from there you will begin paying the installments as indicated by your chosen payment plan.