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Value of Property for Sale in Ajman Tipped to Soar

Posted in Property News by Colin Timms Friday June 20, 2008

Property for sale in Ajman could rise in value by as much as 40 per cent during the next six months, market experts have predicted.


Ajman Property: Music to Investor’s Ears

The claim was made by several property professionals ahead of this week’s R&R Local Property Show in Ajman, reports GoWealthy.com.

Tessa Morris, marketing director for the event’s organiser DSL Exhibitions, said that confidence is high among property professionals in both the residential and commercial sectors in the emirate. “Over the last six months, we have seen some major announcements out of both Abu Dhabi and Northern Emirates, particularly Ajman,” she explained.

Ms Morris added that those developments include plans to build a new airport and the creation of a new bank intended to “support the real estate industry”.

Investors will be hoping the market in Ajman follows the same pattern as property for sale in Dubai, where the value of houses has increased by 78 per cent in the past year, according to a recent report by Colliers International. Breaking news provided by Real Estate TV, specialists in Ajman property for sale

Source: www.realestatetv.tv