I went a to a property show in London and was told by one salesman for an Ajman developer that Ajman is cheaper than Dubai as it is where Dubai was 5 years ago, although they were selling at AED1350 per sq foot!
Ajman has no infrastructure in place to deal with the level of development planned there, all these developers seem to be jumping on the bandwagon of what Dubai has done, they haven't sorted out the need for water or electricity for all these planned developments.
Have a look at the papers below......
Ajman developers to power ahead with generators - The National Newspaper
Ajman Government to partner Tameer in stalled development - The National Newspaper