In these uncertain economic times, i ran into an article about the prospective rates of Ajman prices in Dec. 2008
I cannot paste the link but if you go to Emirates Business News 24/7
theres an article by Xavier Wilson which says that property prices have been appreciating in Ajman at a rate of 3-5% per MONTH!!!!!
700+dirhams/ square feet. WOW
by Dec 2008
Chapal by the way is the master developer of Emirate lake towers, and 5th Avenue by proxy