NewsAjman
Ajman Uptown sales reaches 70%
Click image for large view Sweet Homes recently announced that they have sold out 70 % of the Dh3bn Ajman Uptown project. Ajman Uptown comprises seven commercial and residential towers, a hotel and hotel apartments complex, and villas and townhouses. According to the announcement, the strong sales reflect...
Ajman plans to establish regulator on the lines of RERA
The emirate of Ajman plans to establish a real estate regulatory body on the lines of Dubai’s Real Estate Regulatory Agency (RERA). The regulator will be established in the first quarter of next year, and its main purpose is to oversee property developments. This means that the government of Ajman...
Al Zorah could be delayed
According to ArabianBusiness.com, development of the Al Zorah-project in Ajman could slow down and push back the city by two years. This could be a sign that the global financial crisis has hit one of the largest developments in the UAE, as investors could hesitate buying into the project. A two-year...
The “Buy to hit” concept gains popularity
The “buy to let” hotel room concept is slowly starting to take off in the UAE as the financial crisis has created doubts about returns on investment in the property industry. Al Jabal Real Estate, a Dubai-based property developer, will today announce plans to develop a 500-room hotel in Ajman,...
Ajman Marina prepares infrastructure for big projects with AED 3 billion
Click image for large view Ajman continues to pave the way for big real estate projects to be developed in the emirate by continuing to execute various infrastructure projects, including road networks, and water and drainage systems. The current total cost for these infrastructure projects is AED 408...
Ajman Gate launched
Falcon Eye, a UAE-based real estate developer, supported by Estate 400, a full service consultancy, marketing, sales brokerage and after sales management firm, is investing AED 1.5 billion in a commercial and residential development in Ajman offering investors. ‘Ajman Gate’ – at the...
Solidere to showcase Al Zorah on Arabia Expo
Click image for large view Solidere International, one of the most prominent master and urban developers in the region, will bring its unique development initiatives to Arabia Expo, the first Arab property exhibition organised in Moscow as part of reinforcing economic ties between Russia and the Arab...
Ajman Marina Phase II to begin soon
Tenders have been invited for the construction of the second phase of the infrastructure development of Ajman Marina, which is scheduled to start within the next three months. Work on the first phase of infrastructure development has been progressing as planned and will be complete in 2009, said Abdullah...
Burj Manara set for international property launch in Canada
Al Barakah Group, a leading real estate group in the UAE, is all set for an international launch of Dh4 billion Burj Manara, Ajman’s tallest tower, as they display the property at a sales launch in Toronto, Canada on October 14-15, 2008. Burj Manara Ajman is a part of Dh4.5 billion premium mixed-use...
GREAT Launches Ajman Residencia
GREAT PROPERTIES, a UAE-based real estate agency, has announced the launch of Ajman Residencia tower units for sale – worth over AED 200 million in investment value. Located in Humaid City, Ajman, the property is being developed by Rashid Real Estate and will be completed by 2011. GREAT PROPERTIES...
