Great discussion,

No serious developers. Hmm. What about Ajman Marina lauched by Tanmiyat using master developers like HOK?



Regards,

Alex.

Tanmiyat has not delivered so far. They are a big Saudi group, they do not have bank finance on their Dubai projects, atleast didn't have a year ago.

When a bank finances a project. 90% of your research is done as the bank does the dirty work of scrtunizing the profile of the developer.

Oh yes, I would put them in the big developer league.

Regards

Roshan

What you think about ETA Gold Crest Dreams 3.

I am a resident of US and do not know much about Dubai or Ajman. I was offered to buy two condos at Gold Crest Dreams 3 for 500 AED per square foot.
My question is how can I compare prices while sitting in the US. What is average per square foot is Emirates City for a builder like ETA. Is 500 AED is a good price. I received an email from the builder which states price is now 550 AED per square foot. How can I confirm these prices. How much rent I can get on these properties.

Thanks for your help.

Inazir,

Quick reply here,

Property price depends on location, facilities, interior finish, etc. If developer said to you it`s 550 that`s the price he is charging you. If you want to try to get good discount you can engage agent to negotiate on your behalf. Is it a good price? Seems like it but more research have to be done ideally before buying. ETA offered guaranteed 8% rental returns at the current value of the purchased property on the Goldcrest phase 2. Perhaps a similar deal can be arranged for the Gold Crest Dreams 3.


Regards,

Alex.

Further to add,

Prices in near by areas.

Ajyaal Residency 1 bed apartments on Emirates Highway - current asking price starts from 458 Aed per sq ft approx. Here is one example http://www.findaproperty.com/display...&agentid=04960


In the short term if investors who bought floors pre launch decide to sell you wont be able match their price. Medium term outlook - pending reasonable appreciation rate 15%-20%, plus the factors mentioned in previous post (facilities, etc) good return can be achieved. Feel free to comment.


Regards,

Alex.

Inazir
will be a bit risky now , IF you want to make rental income and you have good money to invest , better to go for dubai, We dont know nothing about rentals after 2 years in Ajman ( and for that matters sharjah and dubai also , considering the factor that hundreads of projects will be handed over by then)
ETA is a good developer , their project GD3 is gong at 500 AED right from beginning. and its fair price,They are offering latest technologically advanced features in the building for luxury of users.
Bye

What about Midex Real Estate group's Emirates Tower Is this good one.
I had offer for 450AED and 3years payment plan 10% first installment then 10% on completion and other 80% divided 36months.
What you think?

Can anyone knows about the attrium 360 degree, office & residantial ( Horizon tower) located @ itihad rd near carrefure supermarket?
Whois the developper? adress?
Many Thanks

Pouran

I have reached an age where I simply cannot continue to live 12 months of the year in the cold and dismal UK. I would like to get a studio or 1 bed off plan appt. in or near Ajman with a payment plan to allow me to pay over a period, preferably 5 to 6 years. Any suggestions ?

Has anybody heard of Green city Ajman?
Its a good oppurunity too for investors as roshan said earlier that ajman is reaching the point where once dubai was, and its pretty clear that the prices being offered in ajman will rise in a short period of time which eventually will be a good fruit for investors in villa type accomodations like green city ajman. i have a slideshow of the project in details. let me know if anybody is interested, as i am associated with this DEVELOPER office.

GCA is a prime and a mega project just next to Emirates City and opposite to Hamidiya Park , at only 20 minutes drive from dubai airport and 10 to sharjah.


ADNAN HAMDANI
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