
Property Investment Opportunities in Ajman
There are two main areas for investment at present, both located on the Emirates Road with easy access to Dubai, Ras al Khaimah, Fujirah, Sharjah, UAQ and Abu Dhabi.
These are Emirates City, a cluster of residential and commercial towers around a central lake area, and the new mixed zone on the border of Ajman and Al Sharjah, Marmooka City which offers parks and a large shopping mall providing the shopaholic with temptation right on their doorstep.
Both zones represent excellent investment opportunities with prices a fraction of the cost elsewhere in the emirates.
With per sq ft prices of only AED 550, 1-bedroom apartments can be bought for as little as AED 400,000, and 2-bedroom apartments for under AED 500,000 – That’s £50,000 and £72,000
Properties are tax-free, as is rental income, the only costs are a 2% charge to the land authorities on registration on of the property.
However as investors rush to purchase the best plots and take advantage of the market, towers sell out in days, so speed is of the essence when looking to purchase.
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Ajman property for sale