#PROJECT: AJMAN MARINA - Page 3

Abu Ahmad · January 30th, 2008, 08:18 PM

Quote:

Originally Posted by CityofVillains

When are they going to pre-launch Ajman Marina ? We are interested in bulk sale. Any idea Abu Ahmed ?

Not sure mate, I spoke to one of Tanmiyat's sales guys on +971 4 33 29 110 but he didn't seem the type to divulge too much information! The following was all the information that I could find on their website:

http://www.tanmiyat.com/uae-ajman.html

***bizzybonita*** · February 5th, 2008, 07:45 PM

Tanmiyat's Ajman Marina Project, worth $3billion, is expected to add another 8000 residential units to the market. The project will be constructed in two phases over a period of five years.

According to the Project Manager, Azad Nouri, the residential units, covering 14million square feet of built-up area, are offered on a freehold basis. The sale of the units will begin shortly once the designs are finalized.

Nouri invited all the investors and residents to be part of this ambitious project, which offers perfect style and quality, with reasonable pricing.

According to developers, the residential buildings will be one of the modern architectural wonders. The units will be positioned facing the marina, and are expected to comprise hi-tech gadgetry which provides the option for residents to monitor their properties, even when they are out of country.

Apart from this, Ajman Marina provides ample berths and best marine management, including boat cleaning and repairs, loading assistance and dock masters. Other facilities on offer are covered car parks, 24 hours security and close proximity to schools and healthcare centers.

beer51 · February 6th, 2008, 01:56 PM

Hi

Ajman Marina looks like a really good project to buy into. Any thoughts.

***bizzybonita*** · February 6th, 2008, 02:15 PM

go for post #41

VineLLo · February 27th, 2008, 06:45 PM

Some news? When will sale the first apartments?

deelz · March 1st, 2008, 01:06 PM

I 've just spoken to one of the sales guys of Tanmiyat, till now there is no news of launching. Does anyone know about this long delay?

Abu Ahmad · March 1st, 2008, 07:19 PM

Well it looks like they're still in the process of trying to get their sales centre set up (see attached). I reckon give it another 2-3 months, I think they're just trying to get everything absolutely perfect before releasing anything....

http://www.ameinfo.com/148105.html

deelz · March 2nd, 2008, 01:48 PM

Thanks Abu Ahmed, well! hopefully this project will be launched till mid of March. Any idea about expected prices?

Smokeey · March 3rd, 2008, 12:55 PM

I'm guessing the pricing will be in the range of around AED750 - 850 per sq ft by the time it launches. But thats just me

VineLLo · March 3rd, 2008, 02:55 PM

I wish at maximum 650/sqft

deelz · March 5th, 2008, 09:14 AM

As of 05-03-2008, there is no news regarding this launching, Anyone has any idea about the plan of Tanmiyat

Abu Ahmad · March 5th, 2008, 08:19 PM

Quote:

Originally Posted by Smokeey

I'm guessing the pricing will be in the range of around AED750 - 850 per sq ft by the time it launches. But thats just me

I would agree...if Ajman One is now going for AED 650psf + then I would expect anything in the Marina to be at least AED 100psf on top of this...

beer51 · March 6th, 2008, 03:27 PM

Hi Guys

Cousin of mine has spoken toTanmiyat today and he has informed me that the launch of Ajman Marina is in 3 months time also expect the sqft to be around 900 AED per sqft.

VineLLo · March 6th, 2008, 07:24 PM

Tooexpensive

Smokeey · March 7th, 2008, 12:13 AM

Thanks for letting us know Beer51.

I guess that counts me out of Ajman Marina

beer51 · March 7th, 2008, 03:24 PM

I think i agree with you guys, it is too expensive for Ajman.

Abu Ahmad · March 7th, 2008, 05:57 PM

900 psf is definitely pricey, a lot more than what I thought they would price Ajman Marina at.

Having said that, what is the equivalent price psf in Dubai Marina? I'm just thinking from the point of view that say hypothetically average Dubai Marina apartments are priced at 1500psf, then Ajman Marina is a lot cheaper. I think we would have to compare like with like to get a true understanding of whether it is overpriced....just a thought!

dawood83 · March 7th, 2008, 09:15 PM

I have a flat in Emirates City - even if the rate is 400 psf. U cant compare it with Dubai.

Ajman has no vision whatsoever, they have no realistic plans for infrastructure, no foreigners come there, people in other countries dont' even know what it is. I bought there as it suits my budget - if everything rises, so will Ajman - but I dont think you can compare poor Ajman with dubai.

Abu Dhabi, maybe.

Irishka · March 8th, 2008, 11:15 PM

I agree with you guys - 900 AED is very pricey...

Also what worries me is the fact that the first I've heard about this project was more than a year ago and they are still planning it... If they will be building it at the same pace as planning, then I don't really want to invest...

Also all the developments in Ajman are sold on "gross area" basis... The net area is about 30% less...

Therefore 900 AED gross price equals to about 1,200 AED net price!!!!!

For 1,200 AED you can find a re-sale flat in Dubai if you look and hunt for bargains from distressed buyers who cannot meet their next installments...

deelz · March 10th, 2008, 01:49 PM

Irishka,
If someone has to spend 1200 then he can buy any good project of substantially renowned developer from resale market in DUBAI itself, y will he come to ajman

. i 'm 99% sure that this particular project will be somewhere 700-750 psf MAX. otherwise the response of the market will be as same as ajman pearl or ajmanone.

February 27th, 2008, 06:45 PM	#45
VineLLo Registered User Join Date: Nov 2007 Location: Rome Posts: 38 Likes (Received): 0	Some news? When will sale the first apartments? __________________ ---Now we build the future---

March 1st, 2008, 01:06 PM	#46
deelz Registered User Join Date: Mar 2008 Posts: 59 Likes (Received): 0	FIRST SALE I 've just spoken to one of the sales guys of Tanmiyat, till now there is no news of launching. Does anyone know about this long delay?

March 2nd, 2008, 01:48 PM	#48
deelz Registered User Join Date: Mar 2008 Posts: 59 Likes (Received): 0	Expected prices Thanks Abu Ahmed, well! hopefully this project will be launched till mid of March. Any idea about expected prices?

March 3rd, 2008, 02:55 PM	#50
VineLLo Registered User Join Date: Nov 2007 Location: Rome Posts: 38 Likes (Received): 0	I wish at maximum 650/sqft __________________ ---Now we build the future---

March 6th, 2008, 07:24 PM	#54
VineLLo Registered User Join Date: Nov 2007 Location: Rome Posts: 38 Likes (Received): 0	Tooexpensive __________________ ---Now we build the future---

February 5th, 2008, 07:45 PM	#42
*bizzybonita* ĐЯ ฿฿ שίŧђ Ħīĝђ קΘฬξЯ Join Date: Jul 2006 Posts: 11,493 Likes (Received): 2	Tanmiyat's Ajman Marina Project, worth $3billion, is expected to add another 8000 residential units to the market. The project will be constructed in two phases over a period of five years. According to the Project Manager, Azad Nouri, the residential units, covering 14million square feet of built-up area, are offered on a freehold basis. The sale of the units will begin shortly once the designs are finalized. Nouri invited all the investors and residents to be part of this ambitious project, which offers perfect style and quality, with reasonable pricing. According to developers, the residential buildings will be one of the modern architectural wonders. The units will be positioned facing the marina, and are expected to comprise hi-tech gadgetry which provides the option for residents to monitor their properties, even when they are out of country. Apart from this, Ajman Marina provides ample berths and best marine management, including boat cleaning and repairs, loading assistance and dock masters. Other facilities on offer are covered car parks, 24 hours security and close proximity to schools and healthcare centers.

February 6th, 2008, 01:56 PM	#43
beer51 Registered User Join Date: Nov 2007 Posts: 664 Likes (Received): 1	Hi Ajman Marina looks like a really good project to buy into. Any thoughts.

February 6th, 2008, 02:15 PM	#44
*bizzybonita* ĐЯ ฿฿ שίŧђ Ħīĝђ קΘฬξЯ Join Date: Jul 2006 Posts: 11,493 Likes (Received): 2	go for post #41

March 1st, 2008, 07:19 PM	#47
Abu Ahmad Registered User Join Date: Jan 2008 Posts: 101 Likes (Received): 0	Well it looks like they're still in the process of trying to get their sales centre set up (see attached). I reckon give it another 2-3 months, I think they're just trying to get everything absolutely perfect before releasing anything.... http://www.ameinfo.com/148105.html

March 3rd, 2008, 12:55 PM	#49
Smokeey Registered User Join Date: Dec 2007 Posts: 255 Likes (Received): 0	I'm guessing the pricing will be in the range of around AED750 - 850 per sq ft by the time it launches. But thats just me

March 5th, 2008, 09:14 AM	#51
deelz Registered User Join Date: Mar 2008 Posts: 59 Likes (Received): 0	As of 05-03-2008, there is no news regarding this launching, Anyone has any idea about the plan of Tanmiyat

March 6th, 2008, 03:27 PM	#53
beer51 Registered User Join Date: Nov 2007 Posts: 664 Likes (Received): 1	Hi Guys Cousin of mine has spoken toTanmiyat today and he has informed me that the launch of Ajman Marina is in 3 months time also expect the sqft to be around 900 AED per sqft.

March 7th, 2008, 12:13 AM	#55
Smokeey Registered User Join Date: Dec 2007 Posts: 255 Likes (Received): 0	Thanks for letting us know Beer51. I guess that counts me out of Ajman Marina

March 7th, 2008, 03:24 PM	#56
beer51 Registered User Join Date: Nov 2007 Posts: 664 Likes (Received): 1	I think i agree with you guys, it is too expensive for Ajman.

March 7th, 2008, 05:57 PM	#57
Abu Ahmad Registered User Join Date: Jan 2008 Posts: 101 Likes (Received): 0	900 psf is definitely pricey, a lot more than what I thought they would price Ajman Marina at. Having said that, what is the equivalent price psf in Dubai Marina? I'm just thinking from the point of view that say hypothetically average Dubai Marina apartments are priced at 1500psf, then Ajman Marina is a lot cheaper. I think we would have to compare like with like to get a true understanding of whether it is overpriced....just a thought!

March 7th, 2008, 09:15 PM	#58
dawood83 Registered User Join Date: Nov 2007 Posts: 18 Likes (Received): 0	Ajman I have a flat in Emirates City - even if the rate is 400 psf. U cant compare it with Dubai. Ajman has no vision whatsoever, they have no realistic plans for infrastructure, no foreigners come there, people in other countries dont' even know what it is. I bought there as it suits my budget - if everything rises, so will Ajman - but I dont think you can compare poor Ajman with dubai. Abu Dhabi, maybe.

March 8th, 2008, 11:15 PM	#59
Irishka Registered User Join Date: Mar 2008 Posts: 86 Likes (Received): 0	I agree with you guys - 900 AED is very pricey... Also what worries me is the fact that the first I've heard about this project was more than a year ago and they are still planning it... If they will be building it at the same pace as planning, then I don't really want to invest... Also all the developments in Ajman are sold on "gross area" basis... The net area is about 30% less... Therefore 900 AED gross price equals to about 1,200 AED net price!!!!! For 1,200 AED you can find a re-sale flat in Dubai if you look and hunt for bargains from distressed buyers who cannot meet their next installments...

March 10th, 2008, 01:49 PM	#60
deelz Registered User Join Date: Mar 2008 Posts: 59 Likes (Received): 0	Irishka, If someone has to spend 1200 then he can buy any good project of substantially renowned developer from resale market in DUBAI itself, y will he come to ajman . i 'm 99% sure that this particular project will be somewhere 700-750 psf MAX. otherwise the response of the market will be as same as ajman pearl or ajmanone.

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