Announcing Another Big Ajman Real Estate Project

Over Dh15 billion in investments will be ploughed into the Berjal City in Ajman, the new real estate venture partnered by two companies in Saudi Arabia and the UAE. The mixed-use real estate project in Ajman, launched yesterday by Saudi company Berjal Real Estate and Ajman’s Al Rashid Real Estate, will consist of 91 residential, commercial and administrative towers, as well as a shopping haven on the lines of the well-known Mall of the Emirates in Dubai.

Ajman Property: A Towering Success

Abdullah Ali Al Nasser, executive manager said: “In terms of size, the project may be smaller compared to the similar developments in Dubai, but in Ajman, it will be a unique, fantastic site.”

The two real estate companies offer plots to investors and realty developers on a freehold basis, anticipating the investment in excess of Dh15 billion. Saudi-based real estate company is expected to pave the project site and set up the necessary infrastructure, while Al Rashid is looking at the marketing aspect of the project in Ajman.

Source: http://www.gowealthy.com/

Chris Watts of Arabian Sands Commented: “I am not surprise to hear about this latest Ajman property launch, although Ajman is smaller than neighbouring Dubai, I have no doubt that the quality of properties in Ajman will ensure this small but ambitious emirate will continue to hit the headlines”. He concluded: “Ajman properties are proving popular with investors looking for an alternative to Dubai property“.