The Ajman property market may not conjure up the same level of glamour as that associated with the Dubai property market, however it would be a huge mistake to overlook all the potential of the property on offer here and the current low market prices. After all, the same situation could easily have been said for the Dubai property market just under a decade ago. Looking around Dubai now it’s easy to see that with government cooperation a lot can be achieved in a short time in the United Arab Emirates property market. And the Ajman government, using the model that has worked in such a spectacular fashion in Dubai, is aiming to follow in the footsteps of their illustrious neighbour.
In 2004, Ajman was the second Emirate after Dubai to introduce freehold property law as it looked quickly to capitalize on the interested generated in living in the U.A.E. Ajman may be the smallest of the seven Emirates at just over a hundred square miles, but it still has a wide range of property from which buyers can select from. Ajman is situated in the middle of Umm Al Quawain and Sharjah, and within commuting distance to Dubai. The location therefore gives you easy access to all that Dubai has to offer with its many shopping and entertainment areas, but allows you to live a more peaceful existence than you could expect in Dubai. Ajman whilst still offering all you could need, is not nearly as developed as Dubai, and therefore can still claim to offer a very relaxed and stress free location, consequently resulting in the best of both worlds for those living here.
Of even greater interest here is the investment potential in owning an Ajman property. Dubai property has seen huge returns on the original purchasing prices and whilst property in Dubai is still on the increase, nowadays such investment returns are likely to be much more modest. As always getting in early is key, and Ajman real estate is the opportunity that is currently presenting itself to buyers. The range of property on offer is not quite of the same depth as would be expected in Dubai, but it is ever increasing, as there are plenty of quality freehold developments from which to pick.
One such residential and commercial freehold development that is generating a lot of interest among buyers is the 72 tower development, Emirates City. Built around 2 large man made lakes, Emirates City has a diverse selection of property for sale, with buildings starting from twenty floors up to fifty in the larger towers. Commercial space here should also be of great significance, as with continuing high office prices in Dubai, moving to a location just outside the city like Ajman will only look more and more appealing to firms. And with substantial retail options here, plus a 5 star hotel and other entertainment options, the one, two and three bedroom apartments of Emirates City offer a great place to call home and get on the Ajmam property ladder.
Another development looking to offer everything residents all they could require within its boundaries is Ajman One. This collection of apartment buildings will have shops, swimming pools, gym and community centre all as a part of the development, and beach within a 5 minute walk. Other promising Ajman property developments include Horizon Towers and Falcon Towers, two separate developments but both featuring stand out architectural designs, Ajman Corniche for those looking for sea views and Al Ameera Village for those who prefer to live in a self sufficient development.
Ajman properties have already started to take off in a big way. Things here are clearly on the up, and as a result Ajman looks set to be a brilliant investment proposition for those who get in early. As more and more developers are building projects here property options are only set to increase, and no doubt prices will follow in a big way soon after.
We have a selection of Studios, 1 Bedroom and 2 Bedroom apartments available, we can advise that prices for these amazing apartments start from an incredible AED 255,320 for a Studio, 1 Bed AED 319,000, 2 Bed AED 535,000inclusive of car parking charges. In fact, an entire floor consisting of a mix of 20 units can currently be purchased from less than AED 8.5m. This represents phenomenal value and an exceptionally lucrative opportunity for serious investors looking for Ajman real estate