Quote:
Originally Posted by Roshan
Ajman was not in the news a few years back but now stands out as a place to contend with.
I could be wromg but there could be a situation that this place will be what Dubai was when it all started.
Positives : Prices are comparitively low. The Govt is bringing in laws like what we have in Dubai.
Negatives : Lack of good developers. Poor payment plans to support the investor.
In time to come, I feel that the people who cannot afford living in Dubai would get into Ajman, since Sharjah does not have freeholds as yet.
It would be good to discuss the pros and cons in this emirate.
Regards
Roshan
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About Ajman
Positive : Less price .
Negative : unknown developers , master developer also non responsive ( R holding )
Negative : Location does not have more than one or two main roads to reach to the dubai and Jebel ali.( where most of the movement is )
Negative : Road and other utilities are not existent, Ajman was in water till 10 days after the heavy down pour in January in UAE.
Negative : Competition from Dubai projects will not let their price to appreciate much ( You have ICs which are cheaper and are going to be cheaper once supply meets demands in another 5 years time )
ITS ONLY GOOD FOR THOSE FAMILIES WHO WORK AND LIVE HERE ,NOT TO THINK FOR RENTAL RETURN OR PRICE APPRECIATION.
Above are my views and I might be wrong in it.I just gave my openion.
Thanks and regards