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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aryankhan Offline
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Default Buyback offers in Ajman - 18-09-2008, 11:07 AM

I have buyback offers in Ajman from well reputed developers.

What is Buyback?
Buyback is a deal in which developer assure you to buy the property back from you after a 'fixed' period.

Why buyback?
Buyback deals secures the investments from any uncertain market condition and gives the investor a fixed return which is promised by the developer.

Security:
An MOU is signed between the developer and the investor.
Investor has rights on the property until he is payed in full (investment and returns)

Developer offer buyback to secure investor from being stuck in the property, to avoid another payment(only down payment are paid) and to get fixed returns on investment in a fixed period of time.

Offer 1:
Minimum investment: AED 500,000
Returns: 50% in 6 months
MOU will be signed and stamped by the developer with all terms and conditions
Developer: Developer has some prestigious developments in Ajman and Dubai

Offer 2:
Minimum investment is AED 960,000
Returns: 40% in 6 months
MOU will be signed and a PDC will be issued by the developer as security
Developer: Developer is a renowned group from India and has many projects in Ajman.

Let me know if interested

Regards

Aryan
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home_life Offline
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Default Re: Buyback offers in Ajman - 04-10-2008, 01:40 PM

hey ...i guess we both have similar source.
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