New builds in Ajman for Sale

City on the map

Ajman is a city in the UAE, the administrative center of the emirate of Ajman, located on the shores of the Persian Gulf, a few kilometers from the city of Sharjah.

Why is it profitable to buy an apartment in a new build for sale of Ajman?

This small UAE resort town attracts, on the one hand, with peace and coziness, and on the other, with comfort, uncharacteristic for provincial places. In the morning it is pleasant to sunbathe on the spacious beaches or swim in the clear sea, in the afternoon - visit the shops, in the evening - walk around the sparkling city. In terms of pastime opportunities, this, of course, is not Dubai, but you can arrange a nice picnic under the palm trees or a sumptuous dinner in a colorful restaurant.

Fishing and pearl fishing have been developed here for a long time. The last fishery is still alive today - the popularity of natural pearls has not declined, despite the proliferation of artificial pearls. Ajman was unlucky with oil, there is no oil on the territory of the city and the emirate, but tourism began to develop actively with the assistance of the sheikh. He also contributed to the development of shipbuilding (single-masted ships are manufactured, which are popular among the tourists). Many trade operations are carried out, and other spheres of the economy are on the rise: the manufacture of furniture, perfumery, textiles, leather goods, etc. And one more important point: there are no problems with fresh water in the city, as in other places with a desert climate - there are mineral springs that allow providing the countries of the Persian Gulf.

The emirate of Ajman and its administrative center is an excellent place for business, as it is a free economic zone (there are no taxes). It is possible to register both an offshore and an onshore company.

Ajman's real estate in the new homes for sale is more profitable for acquisition in comparison with Dubai, since it is relatively inexpensive, operating costs are lower (with an equally good level of infrastructure), the distance to international airports and the port is short. New developments in Ajman from the developers are very attractive for people with passive income, retirees and freelancers. That is, for those who do not care about living in the capital or outside of it.

Residential complexes in Ajman offer a variety of housing, built in compliance with modern technologies: from small studio apartments to large hotel complexes, luxury properties. LCD builders have significant experience and positive feedback on quality. The sale of apartments from developers is carried out in black frame condition and on a turnkey basis.

You can buy an apartment in Ajman from a developer at a reasonable price. The minimum price per square meter of area in a new home, completed in black frame condition (according to the information of the GEOLN.COM search engine) is 1000$.

Features of purchasing an apartment in Ajman from a developer by foreigners

Citizens of any country have the right to buy real estate in the UAE, but with territorial restrictions. Only citizens of the UAE and the Persian Gulf countries can purchase objects anywhere.

In 2006-2008, a number of resolutions were issued, thanks to which the list of free zones in Dubai, Umm Al Quwain, Ras Al Khaimah and Ajman was approved, and in 2019 freehold for foreigners became available in Abu Dhabi.

Owners of real estate in the UAE do not pay an annual tax, but there is an annual fee for the maintenance of the building, the common and adjacent territory. The exact rate depends on the developer and area.

Highlights of Ajman

• The National Historical Museum, located on the territory of an old fortress of the 18th century;
• watch tower;
• Ajman shipyard;
• embankment with bike paths;
• Al-Nuami Mosque.

Purchasing an apartment in a new development in Ajman is the best solution for buyers with ambitious plans in a globally recognized investment region with the opportunity to enjoy a seaside holiday (if the hot climate and rules that take into account the local mentality do not frighten them).