UAE Property Investment Forum

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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magical_dubai Offline
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Default Paradise lakes emirates city Ajman - 23-02-2007, 05:51 AM

My eye fell on this project since it is outside Dubai and is one of the only project that meets my financial criteria (5000 AED in 3y, 250.000 AED)

but I find it rather dangerous, how big is the chance they don't complete the project and I'm left alone with nothing (loss 250K AED)
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ismael Offline
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Default Re: Paradise lakes emirates city Ajman - 23-02-2007, 06:51 AM

Can you post a link to the development? Who is the developer? Who is doing the financing?
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bryson99z1 Offline
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Default Re: Paradise lakes emirates city Ajman - 23-02-2007, 07:11 AM

I agree with you - please post some reference, I have been through my list of projects, which I subscribe to and can't find any reference to it.

I’d also be cautious, as there was an incident about 2 weeks back where a developer disappeared with the investor’s money. If it sounds to good to be true, it normally is!
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john0032 Offline
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Default Re: Paradise lakes emirates city Ajman - 25-02-2007, 04:37 PM

Emirates City....price Is Affordable, Owned By Average Income People, Don't Expect A Risk Of Incompletion Or Loss. Price Won't Go Down. Guaranteed.
Y ? Current Expence Per Sq Ft Is Around 320, Yrly Increase Expect 7.5 %; By The End Of 2008 Project Will Be Over And Price Will Be Bet. 425 & 550.
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Nads Offline
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Default Re: Paradise lakes emirates city Ajman - 27-02-2007, 02:02 PM

I initially found out about Paradise Lakes & Emirates City on Ajmanproperty.com
am now dealing with sweethomesuae. have bought a 2 bed in B3 tower. From all accounts they seem reputable.
just putting my second payment through at the moment and am waiting on my contracts to be despatched. So far I've not had any issues.
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Aziz Offline
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Default Re: Paradise lakes emirates city Ajman - 21-08-2008, 03:11 PM

Hi,

I have a studio in Royal Plaza that i want to sell.

It is on the 12th floor and size is 455 sq feet.
I bought it when it was in pre launch for 264.250 dhs.
The builder is now selling it for 291.650 , there are only 5 studios left, i have studio type G with a 3 year payment plan.

http://www.blproperties.net/royalpla...tplan.php#menu

I will sell for 280.000 dhs.
You can send me a message if you are interested.

Just to clarify, i am not an agent.
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