Any body have any plans and prices.
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Bonyan to invest Dh10bn in Ajman
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on Sunday, May 11, 2008
Bonyan International Investment Group plans to increase its investment in Ajman to Dh10 billion in the next three years, the company's top official said.
Chairman Abdullah Atatreh, speaking to Emirates Business a day before the launch of the Eye of Ajman, said the rapid development has made Ajman an ideal property investment for GCC nationals, expats and overseas investors.
"Ajman provides us with great opportunities and we expect the Eye of Ajman to be among the first of our large-scale projects in the emirate," Atatreh said.
"We have high expectations from this project, which we expect to play a major role in our aim to increase our portfolio to Dh10bn in three years."
Atatreh said the entire infrastructure will be completed by 2010, adding that Bonyan will offer total development flexibility with re-sale options for all investors.
The $3.5bn project, to be launched today, is Bonyan's first project in Ajman and will comprise of residential, office, hospitality and retail space. It is financed in-house and is located along Emirates Road in Al Hamidiyah area.
The off-plan project is a freehold development and is spread over 6.27 million square feet, comprising of 109 multi-purpose plots. A law allowing freehold ownership of properties in Ajman, making escrow accounts mandatory for all developers, will be issued by the emirate next month.
"The availability of 100 per cent ownership rights and the development of Ajman airport have fuelled a huge growth in the real estate sector with total investments now more than Dh400bn," Atatreh said.
"The city is only 20 minutes away from Dubai airport,and 10 minutes from the beach area, thereby presenting investors with an accessible site that is close to nature and the bustling cityscape," he added.
Land prices in Ajman are rising by 15 per cent to 20 per cent every year. In less than two months, prices are said to have moved up to Dh76 per sq ft from Dh68 a sq ft.
Despite the increase, prices are far lower than in Abu Dhabi and Dubai.
According to Amir Pardesi, vice-chairman of Mazyood Giga International, what one can buy in Dubai for Dh1,200 per sq ft, one can get it for Dh400 in Ajman.
"When you compare it to Dubai there is still a big difference in terms of price. Ajman is the best place for investment for the middle-class segment," Pardesi said.
Ajman rentals have also increased by 64 per cent in the past 12 months, with the highest increases seen in studios at 89 per cent and one-bedroom units at 76 per cent. The Corniche area commands the highest rents – Dh30,500 for studios and Dh42,500 for one-bedroom units. Rents in Al Naimia, Sheikh Khalifa Road and Al Quds areas have also risen.
The gross domestic product of Ajman is predicted to reach Dh17bn this year, up from Dh10bn in 2007.
The emirate has recorded a 27 per cent GDP jump between 2006 and 2007.
on Sunday, May 11, 2008
Bonyan International Investment Group plans to increase its investment in Ajman to Dh10 billion in the next three years, the company's top official said.
Chairman Abdullah Atatreh, speaking to Emirates Business a day before the launch of the Eye of Ajman, said the rapid development has made Ajman an ideal property investment for GCC nationals, expats and overseas investors.
"Ajman provides us with great opportunities and we expect the Eye of Ajman to be among the first of our large-scale projects in the emirate," Atatreh said.
"We have high expectations from this project, which we expect to play a major role in our aim to increase our portfolio to Dh10bn in three years."
Atatreh said the entire infrastructure will be completed by 2010, adding that Bonyan will offer total development flexibility with re-sale options for all investors.
The $3.5bn project, to be launched today, is Bonyan's first project in Ajman and will comprise of residential, office, hospitality and retail space. It is financed in-house and is located along Emirates Road in Al Hamidiyah area.
The off-plan project is a freehold development and is spread over 6.27 million square feet, comprising of 109 multi-purpose plots. A law allowing freehold ownership of properties in Ajman, making escrow accounts mandatory for all developers, will be issued by the emirate next month.
"The availability of 100 per cent ownership rights and the development of Ajman airport have fuelled a huge growth in the real estate sector with total investments now more than Dh400bn," Atatreh said.
"The city is only 20 minutes away from Dubai airport,and 10 minutes from the beach area, thereby presenting investors with an accessible site that is close to nature and the bustling cityscape," he added.
Land prices in Ajman are rising by 15 per cent to 20 per cent every year. In less than two months, prices are said to have moved up to Dh76 per sq ft from Dh68 a sq ft.
Despite the increase, prices are far lower than in Abu Dhabi and Dubai.
According to Amir Pardesi, vice-chairman of Mazyood Giga International, what one can buy in Dubai for Dh1,200 per sq ft, one can get it for Dh400 in Ajman.
"When you compare it to Dubai there is still a big difference in terms of price. Ajman is the best place for investment for the middle-class segment," Pardesi said.
Ajman rentals have also increased by 64 per cent in the past 12 months, with the highest increases seen in studios at 89 per cent and one-bedroom units at 76 per cent. The Corniche area commands the highest rents – Dh30,500 for studios and Dh42,500 for one-bedroom units. Rents in Al Naimia, Sheikh Khalifa Road and Al Quds areas have also risen.
The gross domestic product of Ajman is predicted to reach Dh17bn this year, up from Dh10bn in 2007.
The emirate has recorded a 27 per cent GDP jump between 2006 and 2007.
NEW PROJECT " Goldcrest Smartcity "
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Overview
Goldcrest Smartcity - Intelligent living is here...
Located near the Ajman beach within the master community of Ain Ajman (Eye of Ajman), Goldcrest Smartcity is a meticulously designed oasis of 8 freehold residential towers. Ain Ajman is a 6.27 million sq. ft development that ensures a dream lifestyle, with elegant buildings and every modern facility conceivable. Fitted with advanced amenities for intelligent living and leisure from LG HomNet, homes at Goldcrest Smartcity are cozy, secure and convenient.
Goldcrest Smartcity at a glance...
Freehold homes guaranteeing 100% property
ownership
Located within Ain Ajman, (Eye of Ajman)
25 minutes from Dubai International Airport
Offers advanced LG HomNet Solutions
Eight 25-storey towers; 4 levels of parking in each
tower
Affordable studios, 1 and 2 bedroom apartments
Easy-to-pay monthly instalment schemes
Has own power generator
Designed by Adnan Saffarini Engineering Consultants
Goldcrest Smartcity brings futuristic living within your reach. The planners of this exquisite residential commune have laid utmost emphasis on the security and safety of the residents, as a result of which you can monitor your child from your mobile, re-confirm your squash court bookings from home; remote order grocery; access over 1000 movies and songs from a central server etc. The use of technology in the homes is not overly done or obtrusive; indeed all the apartments at the Smartcity project are extremely user-friendly and feature flexible interiors that can be modified according to the residents' tastes and requirements.
Location
Goldcrest Smartcity is a 8-tower residential project in the self-contained community of Ain Ajman (Eye of Ajman) on Emirates Road. The project is situated next to the Ajman Interchange just 10 minutes from Ajman beach and 25 minutes from Dubai International Airport. Covering 6.27 million sq. ft Eye of Ajman offers a simple and secure lifestyle with landscaped surroundings, parks, school, nursery and mosque.
Goldcrest Smartcity is:
10 minutes from Ajman Beach
15 minutes from Sharjah International Airport
25 minutes from Dubai International Airport
Facilities
Health and fitness centers with swimming pool (separate for men and women)
Club-house with Squash and Badminton courts, Table tennis, Billiards, Kids' nursery and multi-function hall for parties and events
Landscaped and boulevard walkways
24-hour security
High-speed wireless internet
Homes at Goldcrest Smartcity have LG HomNet features:
LG LCD TV - choose from over 1000 movies
LG Refrigerator; Washing machine; Microwave
I-pod docking station; Download unlimited music online
LG LCD HomNet Control Panel
Wired calling and video calls between neighbors
Information sharing at home
Control panel access
Remote metering, display and remote upgrade
Automatic fault finding
Connection of appliances to neighboring capacity, laundry,
spa, courier, etc
Control of home appliances and home automation devices
from within and outside the home
Monitoring your child from your mobile
Safety system that controls access, prevents intrusions
and accidents like gas leakage or fire
Notification of visitors during absence
Home entertainment solution
Inbuilt entertainment with access to a large movie database on
a central server
I-pod docking station in each apartment
Community portal solution
Online community service
Daily life information
Local information service
Overview
Goldcrest Smartcity - Intelligent living is here...
Located near the Ajman beach within the master community of Ain Ajman (Eye of Ajman), Goldcrest Smartcity is a meticulously designed oasis of 8 freehold residential towers. Ain Ajman is a 6.27 million sq. ft development that ensures a dream lifestyle, with elegant buildings and every modern facility conceivable. Fitted with advanced amenities for intelligent living and leisure from LG HomNet, homes at Goldcrest Smartcity are cozy, secure and convenient.
Goldcrest Smartcity at a glance...
Freehold homes guaranteeing 100% property
ownership
Located within Ain Ajman, (Eye of Ajman)
25 minutes from Dubai International Airport
Offers advanced LG HomNet Solutions
Eight 25-storey towers; 4 levels of parking in each
tower
Affordable studios, 1 and 2 bedroom apartments
Easy-to-pay monthly instalment schemes
Has own power generator
Designed by Adnan Saffarini Engineering Consultants
Goldcrest Smartcity brings futuristic living within your reach. The planners of this exquisite residential commune have laid utmost emphasis on the security and safety of the residents, as a result of which you can monitor your child from your mobile, re-confirm your squash court bookings from home; remote order grocery; access over 1000 movies and songs from a central server etc. The use of technology in the homes is not overly done or obtrusive; indeed all the apartments at the Smartcity project are extremely user-friendly and feature flexible interiors that can be modified according to the residents' tastes and requirements.
Location
Goldcrest Smartcity is a 8-tower residential project in the self-contained community of Ain Ajman (Eye of Ajman) on Emirates Road. The project is situated next to the Ajman Interchange just 10 minutes from Ajman beach and 25 minutes from Dubai International Airport. Covering 6.27 million sq. ft Eye of Ajman offers a simple and secure lifestyle with landscaped surroundings, parks, school, nursery and mosque.
Goldcrest Smartcity is:
10 minutes from Ajman Beach
15 minutes from Sharjah International Airport
25 minutes from Dubai International Airport
Facilities
Health and fitness centers with swimming pool (separate for men and women)
Club-house with Squash and Badminton courts, Table tennis, Billiards, Kids' nursery and multi-function hall for parties and events
Landscaped and boulevard walkways
24-hour security
High-speed wireless internet
Homes at Goldcrest Smartcity have LG HomNet features:
LG LCD TV - choose from over 1000 movies
LG Refrigerator; Washing machine; Microwave
I-pod docking station; Download unlimited music online
LG LCD HomNet Control Panel
Wired calling and video calls between neighbors
Information sharing at home
Control panel access
Remote metering, display and remote upgrade
Automatic fault finding
Connection of appliances to neighboring capacity, laundry,
spa, courier, etc
Control of home appliances and home automation devices
from within and outside the home
Monitoring your child from your mobile
Safety system that controls access, prevents intrusions
and accidents like gas leakage or fire
Notification of visitors during absence
Home entertainment solution
Inbuilt entertainment with access to a large movie database on
a central server
I-pod docking station in each apartment
Community portal solution
Online community service
Daily life information
Local information service
4
#APPROVED: Burjul Ain Tower, ?F (Eye Of Ajman )
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Burjul Ain Tower - Eye of Ajman
Ajman - A residential Paradise
Ajman is a city with complete vision, a city that demands and delivers quality. From the moment you enter Ajman, you'll start to experience a truly unique feeling. Whether for business or pleasure, Ajman is rich with every contemporary comfort, and offers a lifestyle to match any of the world's most prestigious cities. Combining this traditional merchant's city, its seafaring heritage and the elegance of its architectural towers, with pristine sandy beaches and turquoise seas. Ajman is host to some of the mist ambitious and famous projects in the world.
Burjul Ain Tower
All apartments have been designed with space, light and style in mind. With such fantastic views of the marina and the ocean, the defining features of the Burjul Ain is the large windows and plentiful balconies
Inside the apartments, contemporary styling opulently use of marble, granite, wood and stainless steel asre used to enhance the gracious room sizes.
Features
·Health Club
·Car parking
·Retail Outlets
·Mosque
·Resident Visa
·High speed Elevators
·High Quality fittings
·Swimming Pool
·24hr Security Service
·Sauna
·Jacuzzi
Payment Plan
Booking5%
After 30 Days 5%
40 Monthly Payments 2%
Possession10%
Pre Launch Prices (excluding Car Parking)
Studios (432 Sq ft) from AED 565 sq ft. AED 244,080 / £ 33,900
1 bedroom (From 690 Sq Ft) from AED 555 sq ft. AED 382,950 / £ 53,187
2 bedroom (1,068 Sq Ft) from AED 545 sq ft. AED 582,060 / £ 80,841
Car Parking: AED 35,000
Floor Charges (from the 9th Floor): AED 1,000 per floor
Source
http://www.findaproperty.com/displayprop.aspx?edid=09&salerent=0&pid=2182900&agentid=16393
Burjul Ain Tower - Eye of Ajman
Ajman - A residential Paradise
Ajman is a city with complete vision, a city that demands and delivers quality. From the moment you enter Ajman, you'll start to experience a truly unique feeling. Whether for business or pleasure, Ajman is rich with every contemporary comfort, and offers a lifestyle to match any of the world's most prestigious cities. Combining this traditional merchant's city, its seafaring heritage and the elegance of its architectural towers, with pristine sandy beaches and turquoise seas. Ajman is host to some of the mist ambitious and famous projects in the world.
Burjul Ain Tower
All apartments have been designed with space, light and style in mind. With such fantastic views of the marina and the ocean, the defining features of the Burjul Ain is the large windows and plentiful balconies
Inside the apartments, contemporary styling opulently use of marble, granite, wood and stainless steel asre used to enhance the gracious room sizes.
Features
·Health Club
·Car parking
·Retail Outlets
·Mosque
·Resident Visa
·High speed Elevators
·High Quality fittings
·Swimming Pool
·24hr Security Service
·Sauna
·Jacuzzi
Payment Plan
Booking5%
After 30 Days 5%
40 Monthly Payments 2%
Possession10%
Pre Launch Prices (excluding Car Parking)
Studios (432 Sq ft) from AED 565 sq ft. AED 244,080 / £ 33,900
1 bedroom (From 690 Sq Ft) from AED 555 sq ft. AED 382,950 / £ 53,187
2 bedroom (1,068 Sq Ft) from AED 545 sq ft. AED 582,060 / £ 80,841
Car Parking: AED 35,000
Floor Charges (from the 9th Floor): AED 1,000 per floor
Source
http://www.findaproperty.com/displayprop.aspx?edid=09&salerent=0&pid=2182900&agentid=16393
1 - 20 of 27 Posts
