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Old November 20th, 2007, 09:56 PM   #1
bizzybonita
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#APPROVED: CROWN RESIDENCIA, G+4P+25F Res+Com (Emirates City)

Project: CROWN RESIDENCIA
Location: Emirates City
Type: Residential
Floor Count: G+4P+25F
Status: Approved
Construction Start: ?
Construction End: ?



An exclusive tower in the Emirates City, A residential and commercial town-sized development rising in the Emirate of Ajman.

Crown Residence is a 25 storey tower that is part of a grand plan that encompasses modern gracious living, lakes, gardens and every imaginable convenience to allow residents to live a well rounded life of ease and comfort.

Every apartment in the Crown Residence is an achievement of planning and design. The spaces flow smoothly to match contemporary lifestyles of families.

Crown Residence is available on a freehold basis, and every buyer receives residential permits for himself and the immediate family, as per U.A.E. immigration regulations.

The commercial boom that the U.A.E. is enjoying is a planned and sustainable growth that is backed by policies and best practices development models.

The Emirates City is a contemporary residential and commercial development located in the heart of Ajman. Covering more than 5 million square feet and comprising of more than 72 commercial and residential towers, landscape gardens, hotels, Mosques, health, education, shopping and leisure facilities.

Freehold residential property
Family visa
Interest free, long term payment schedule
Affordable prices
Conveniently located in the heart of Emirates road and in close proximity to Dubai
The Tower consist of ground floor + 4 parking + 25 floors


Views Lake side and Emirates Road
Swimming pool
Gym
Convenient location
Round the clock concierge service
High quality fittings
State of the art technology in all apartments providing high-speed internet, TV & voice communication
Masjid
Near by Shopping Malls & Five Star hotels
These are the following items which are being given with each apartment in Crown Residencia:

a) Television
b) Microwave
c) Refrigerator
d) Blender
e) Mixer
f) Home theater system
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Last edited by bizzybonita; July 22nd, 2008 at 08:14 AM.
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Old November 20th, 2007, 09:58 PM   #2
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location MAP

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Old May 8th, 2008, 01:34 PM   #3
ITMASTER
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Any updates from CROWN RECIDENCIYA?
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Old July 21st, 2008, 05:12 PM   #4
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please also change title here, because it is not a 'Project':
#APPROVED: CROWN RESIDENCIA, G+4P+25F Res+Com (Emirates City)
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Old September 3rd, 2008, 03:38 AM   #5
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C/U 3/09/08



[IMG]http://i35.************/5lq93p.jpg[/IMG]


The Wired thing " tree inside the location " lol


[IMG]http://i33.************/2m31cv9.jpg[/IMG]
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Old December 15th, 2008, 11:43 AM   #6
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wowwwwwww

nice tower!!!!!!!!!

its green tower heheeeee
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Old September 25th, 2009, 03:42 AM   #7
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Ajman's Crown Residencia stalled

By Suzanne Fenton, Staff Reporter
Published: September 24, 2009, 22:41

Dubai: Investors in the Crown Residencia project in Emirates City, Ajman will have to wait at least a year and a half before they can move in.

Abu Bakr Abuzeid, finance manager of the project's developer, Al Batha Real Estate, said that many people have not paid installments and so the project has stalled.

"We are waiting for many people to pay us. They are delaying payments. We need to swap our clients to Dubai and we have offered them projects in Dubai," Abuzeid said.

Crown Residencia does not have an escrow account, according to the Ajman Real Estate Regulatory Agency (Arra). One of the partners of Al Batha Real Estate is in jail for bounced cheques, Abuzeid said.

Worried investors went to meet Abuzeid last week where they were told that their investments could be shifted to projects in Dubai under a new partnership with Al Masah International Development Company.

Under this potential solution, investors' money would be put into an escrow account and registered with Dubai's Real Estate Regulatory Authority.

Abuzeid is adamant that Crown Residencia is not cancelled. "It is not cancelled. If investors don't accept this offer, then we will try another solution. We just need to pay the balance of the land and some other fees, around Dh1.5 million. Plus we need maybe Dh1 million to pay for construction in advance," Abuzeid said.

However, when investors spoke to Al Masah International they found that under this plan, they would lose 70 per cent of their investment with only 30 per cent being transferred.

"Soccer Tower in Sports City is Dh930 per square foot if I use the Crown Residencia money. The true price of that apartment is Dh800 per square foot if I pay from my account. The difference is Dh130 per square foot," said one investor.

A source at Al Masah International confirmed to Gulf News that clients from Al Batha will be able to move investments to their projects in Dubai.

The cheapest of Al Masah's projects is around Dh750 per square foot, so investors will likely have to pay more as units in Ajman are generally cheaper.

Al Batha Real Estate has no links with Al Batha Group in Sharjah.

http://www.gulfnews.com/business/Rea.../10351964.html
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