Ajman Tower

An exciting development, set in this undiscovered Emirate in the heart of the northern Emirates and just 20 minutes from Dubai International Airport.

Ajman is the smallest of the seven Emirates, being just 286 sq km, one of its main attractions is the long expanse of powdery white sandy beach, which stretches for almost 20 miles.

Comprising of thirty floors, this excellent property offers an array of luxurious facilities including swimming pools, internet, modern health club, squash courts and rooftop barbeque with seating area. This building consists of 23 floors of residential areas comprising studios, one bedroom and two bedroom apartments offered on a freehold basis.

The project has been designed with residents relaxation in mind.Located within the Emirates Towers Complex, the strategic location of this building boasts views of the gardens, lake and a mixture of stunning golden sands and sea views.

This area is really the gateway between the other Emirates of Umm Al Quwain, Ras Al Khaimah, Sharjah and Dubai. Locally, the property is close to the mall and has the benefit of seven floors of parking.The pricing of these properties is extremely competeitive and is a fraction of the cost of properties just a few kilometres away in Dubai, the fabulous location of these properties offers excellent rental potential.

The developer has put together a number of purchasing options for those investing in this project.Payment plans are available, including some over three years, alternatively there are a number of investor packages. One option is that the developer will rent your unit from you for two years from the purchase date, whilst under construction, at a rate of 8% annual return for both years, paid up front.For those looking to buy a complete floor, the developer will guarantee a 20% return after one year, which is available for buyback in one year.

Pricing for this development is subject to a floor charge of 1000 AED per floor level, in addition to the applicable parking fee. Clients purchasing in this scheme are able to take advantage of discounted floor rates. Other investment packages are available on request.

The area being developed is outside of the current Ajman City, located by the Emirates Road and is known as New Ajman. This property forms part of ‘The Emirates Lake Towers’, which is a brand new city situated directly on the Emirates Road, part of the evoloution of this relatively undiscovered Emirate and one of the first developments in the area.Ajman will benefit greatly from the construction of the Ajman International Airport, expected to host about two million passengers per year, and work is projected to commence by the beginning of 2009 in the Al Manama area of Ajman, airport operations are set to start by 2011.

For those wishing to commute between Ajman and Dubai, the travelling time is approximately 20 - 25 minutes by road. The development of the Free Zone Authority in 1996 gave great incentives to companies in the Free Zone. Indeed, in the last few years the number of companies taking advantage of these incentives has quadrupled. There are plans for massive development in the Ajman ports to improve facilities to world standards.