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Ajman Property Ajman was the second Emirate to follow suit after Ras Al Khaimah to open up its property market to foreigners. 15 freehold residential projects were announced initially, and one of the largest development being announced by Tameer. Ajman property prices have been lagging behind the other Emirates of Dubai and Sharjah, and investor uptake has been average with the limited exposure Ajman has got overseas. However, residential uptake has been good with people being priced out of Dubai and Sharjah. If you have a story to tell about Ajman, or have invested there, or just want to share your opinion, shout it out here.

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susant Offline
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Default Re: Looking into development in Ajman - 17-06-2008, 04:53 PM
hi all.. first of all.. i am new member in this forum.
my husband and i just took the Goldcrest Smart City 1 BR Apt, for 7 year payment plan, regarding our financial calculation.
This is our first experience to have property investment, so before jumping into decision we did some research about Goldcrest and its projects in Jumeirah Lake Towers, Goldcrest Dreams etc.., and it is one of member of big Property Institution GigaGroup.
Also it got award from City Scape best developer, thats why we then decided to take this investment on Gold Crest Smart City..
Its feature of LG Smart Safety Home makes us interested to take investment in it. Its quite spacious for 1 BR Apartment.

Does anyone know, how about the protection for this investment in the future?
And also do you guys know about the Insurance about this Property Investment?
Do we need to make such legal Inheritance Notification or Legal Will should there is unexpected thing happen, since most of us are expat here, i read in GulfNews, that inheritance notification should be registered. Dealing with inheritance is not accepted if we don't register to whom we inherit this investment.
We are thinking to stay it, as well as an investment.

Looking forward to have your sharing regarding this...

Thankssss!!!!
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Razzaque Offline
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Default Re: Looking into development in Ajman - 26-06-2008, 08:52 AM
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Originally Posted by sonas View Post
Dear all, was thinking of buying in Emirate lake towers by the developers Chapel in Ajman . Does anyone know if they are good? Is it better to buy apartments on lower or higher floors? What is a good price to pay per square foot?Is Ajman a good investment? Any negatives on buying there?
im looking to invest in Ajman as the prices in project in Dubai have gone sky high. Is tehre anyone who can suggesta good project in Ajman?
Ajmna has been divided in 3 parts emirates city, mamooka city and another. Does this make a big difference to which area or project i should in vest in to see capital growth and good rental yield.
Im currently looking at a project in Mamooka City called Frank Furt Residence but teh tower its self does not look elegant or has a ny style to it. Its teh payment paln that has attracted me , 5 yrs 0% interest free option. But im yet not sure if this is the best project or good as otehrs out there

Raz
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Razzaque Offline
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Default Re: Looking into development in Ajman - 26-06-2008, 08:59 AM
I am looking in Ajman, as prices in Dubai has gone sky high. There si a project in mamoka City Called Frank Furt residence. I dont if from investment point of view it makes a differnce if i invest in Mamoka city or emirates city or any other?

Can anyone advise emon where to invest and why?

Iv been looking through many project however teh project mentioned above has the best price plan , pay over 5 years with 0% interest. Now iv heard of gold Crest and i know its a popular development however hwos the prices of 1 bed room on thsi project and is there a good price plan ?

Please help me decide where to invest in Ajman
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Razzaque Offline
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Default Re: Looking into development in Ajman - 26-06-2008, 09:01 AM
Quote:
Originally Posted by susant View Post
hi all.. first of all.. i am new member in this forum.
my husband and i just took the Goldcrest Smart City 1 BR Apt, for 7 year payment plan, regarding our financial calculation.
This is our first experience to have property investment, so before jumping into decision we did some research about Goldcrest and its projects in Jumeirah Lake Towers, Goldcrest Dreams etc.., and it is one of member of big Property Institution GigaGroup.
Also it got award from City Scape best developer, thats why we then decided to take this investment on Gold Crest Smart City..
Its feature of LG Smart Safety Home makes us interested to take investment in it. Its quite spacious for 1 BR Apartment.

Does anyone know, how about the protection for this investment in the future?
And also do you guys know about the Insurance about this Property Investment?
Do we need to make such legal Inheritance Notification or Legal Will should there is unexpected thing happen, since most of us are expat here, i read in GulfNews, that inheritance notification should be registered. Dealing with inheritance is not accepted if we don't register to whom we inherit this investment.
We are thinking to stay it, as well as an investment.

Looking forward to have your sharing regarding this...

Thankssss!!!!
The 7 year payment paln how is that worked out ? is i spread quarterly or monthly with 0% interest?
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susant Offline
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Default Re: Looking into development in Ajman - 30-06-2008, 02:46 PM
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Originally Posted by Razzaque View Post
The 7 year payment paln how is that worked out ? is i spread quarterly or monthly with 0% interest?

the payment is quarterly based.
for 4 year payment plan also use quarterly based.
The difference is the amount, of course the amount for each quarter in 4 year payment plan is bigger compared to the 7 year payment plan.
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Mohammad Offline
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Default Re: Looking into development in Ajman - 30-06-2008, 08:39 PM
Hey there,
im looking to invest in ajman uptown project. dunno how exactly it is there. if anyone could help me in this matter. it will be really appreciated. Agents, freelancers, pros anyone replying will be fine. looking to buy a 3 br townhouse over there. Heard its very good investment and the price has increased too. Might even stay there in the end but not sure though. If anyone is selling a villa there could help me out in this. Thnxx
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dilya Offline
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Default Re: Looking into development in Ajman - 01-07-2008, 06:57 AM
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Originally Posted by shahab View Post
Hi,
Regarding Emirates City, there is around 92 towers in this project.
On the main Emirates road all are G+6Parking+40 residential floors with all 5*facilities (G+46) and Back side G+4Parking+25 Residential floors normal buildings (G+29).
If u wanna buy and live in Ajman in future so front line the best option. I m suggesting you because we have real estate company and we are dealing almost all project.
for more quarries you may contact on wajood1@gmail.com
Hi,
Do you have projetcs in Marmooka as well? would you advise to buy in emirarates city or Marmooka?
thanks for your help, can you also tell me how much is 1 bed room aprt in these projects and what is the payment plan?

thanks
D
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xpert Offline
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Default Re: Looking into development in Ajman - 01-07-2008, 12:14 PM
If you want to invest in Ajman always invest in Downtown it is more secure and much higher apprication then the areas far away like emirates road etc.
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