Right now there is a new project launching in Marmooka City of Ajman, right on the emirates road and next to the Marmooka Shopping Mall, a beautifully designed (unfortunately not so common in Ajman in my opinion yet) building with mixed used.
I am planning to invest in the commercial (office) units and are looking for co-investors to book a whole floor jointly with 20% discount (we will just buy at the same time, but the purchased units will be on our own separate names).
I have negotiated the price, based on a whole floor, down to 630 AED per sqft. including parkings. The commercial floors are 12.740 sqft. and consist of 14 units. Basically around 8.000.000 AED for a full floor and approx. 573.000 AED per unit.
Strengths of this project:
- The location is ideal, right on emirates road, next to Ajman mall.
- The price is very cheap 630 per NET sqft + parking, compared to price for individual units 850 AED per sqft. & comparing to 2.000/4.000 AED per sqft in Dubai)
- Commercial buildings are few in Ajman, so will be in high demand
- Payment plan is 7.5% now and after 1.5% monthly
- Reputable developer with experience (delivered projects) in Dubai
Anyone whose interested, call me at 050 7595 971 or mail me at
s.khabireh@gmail.com your contact details with the number of units you would like to purchase and I send you further details.