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Property in Ajman

Jul 16, 2008
Ajman, the smallest of the seven emirates of UAE is located on the coast of the Arabian Gulf. Among these emirates, Dubai and Abu Dhabi has rose to popularity overshadowing the little Ajman. But the recent developments have proved that this small emirate has something to offer after all. With a small area of 260 square kilometers and a population of around 100,000, Ajman has continuously thrived to level with Dubai. Today, Ajman is showing its true potential and is being shaped to be one of the next investment hot spots not just in UAE but all over the world.

The main reason why Ajman has role to power is due to its strategic location. Its close proximity to the already developing city of Dubai makes Ajman as the second subject for development. Those who are tired with the city life in Dubai usually flock to Ajman to feel a more relaxed and serene way of living. Another why Ajman is being developed to be like Dubai is the affordable properties it offers. Dubai and Abu Dhabi, being the more commercialized now offer higher rates in real estates and other properties hence leaving Ajman to offer cost-effective rates. For this, many are attracted to settle to Ajman, having the more relaxed lifestyle as an added bonus.

But since major establishments and buildings are being constructed in Ajman, there has also been a sharp rise of rates in its real estates and other properties. Despite this situation, many are still interested in investing their hard-earned money in this area. There are even reports that indicate a continuos rise of Ajman properties by an approximate of 20%.

The government of Ajman is also the main reason why investors are interested in settle in this area. Their efforts in attracting investors have succeeded because of the many benefits its offers to the different investors that opt to put up their different businesses in Ajman. Among the notable developments that one can witness in Ajman are the Free Zone, which offers a 100% foreign ownership, 20 years tax free operations, 100% repatriation of capital and profits and lastly, no personal income tax from the various levels of investors.

The many benefits that these investors can acquire is the main reason why Ajman is now following the footsteps of Dubai and other progressive places in the UAE. Projects including the new Emirates City caters an excellent array of to-die-for properties which are all competitively prices.

And as you witness today, individuals and investors alike can very well enjoy settling in Ajman. The location definitely serves as a great deviation from the harsh and busy life in Dubai city but still one can taste the very same luxury found in modern day Dubai. So, what are you waiting for? Visit Ajman now and who knows you might end up liking this place. You might even be tempted on buying new properties for your family or even business. Catch the next flight and fly to this wonderful place called Ajman.
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