Ajman: Excellent Investment Opportunity
Ajman, located along the Persian Gulf has an excellent environment for an investment opportunity. Recent prosperity and technological development offers a variety of real estate opportunities for investors, businessmen and private buyers. Ajman may be the smallest of the UAE’s seven emirates at only 260 square kilometers, but its property sector is one of the country’s most active. Close to 200 freehold residential towers are either under construction or have been completed since the city’s freehold property sector kicked off in 2004. It was the second emirate after Dubai to introduce freehold property in 2002.With the possibility of 100 per cent ownership rights and guaranteed residency visas for buyers, the emirate has attracted strong investment from GCC nationals, expatriates and overseas buyers.New Ajman is the name given to the area being developed outside of the current Ajman city, located by the Emirates Road. It will consist of many new developments & projects. One of the first developments of New Ajman is "The Emirates City" a brand new town – sized development located directly on the Emirates Road to be built from scratch consisting of more than 100 mid and high-rise buildings. A number of shopping malls, hotels and residential villas are also planned to eventually extend all the way to the ’Al Zahra’ area, where beachside developments are planned.
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