Quote:
Originally Posted by Vicks
I am trying to find out a bit more about Ajman. I am from the UK and have been to Dubai twice but have never ventured outside Dubai. In my honest opinion, Ajman looks ripe for property prices to explode since there (so i researched and heard) will be a major airport, Al Zorah being built, bang in the Middle of Dubai and RAK thus having the best of both worlds in theme parks, space centres etc etc. I thought about investing in RAK but decided that it doesn't offer much and is certainly a JOURNEY away from Dubai, wheras Ajman is in a great location, but something holds me back....
BUT i also hear about the other side of Ajman: It is a Shanky old town(emirate), will be dangerous to invest as very risky compared to Dubai due to not knowing what infrastructure (or if any) will be in place, future road/infrastructure developments, rental income etc etc.
I wondered if one of you , who know Ajman well would be able to assist e in knowing what Ajman is really like and their honests thoughts of this area.
Thanks in Advance.
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Ajman will have to invest as much in infra structure as in property. Attached pls find the latest on Ajman. Freehold will be classified on a project to project basis. Now does that mean that currently selling projects might not be freehold ???. Watch out developers are selling as freehold, the attached link has a different story to tell.
Regards
Roshan
http://www.business24-7.ae/Articles/...a365c0fc1.aspx