Buying Ajman Freehold Properties is a consideration for many abroad real estate investor. Ajman, is the smallest Emirate in United Arab Emirates. Ajman Freehold ownership gives the owner absolute right over land or property in Ajman, UAE. He can build anything, resell to anybody, or rent it on whatever conditions. Like Dubai, Ajman came up with some freehold property zones. Foreign companies and individuals were allowed to acquire freehold ownership in these areas. Although the owners were not granted permanent residence visas. Investment opportunities are opened in Ajman, UAE. Growing population, high demand, low prices, investor-friendly regulations, these are the reasons that despite being the smallest of all seven estates, Ajman is next only to Dubai and Abu Dhabi in terms of real estate growth in UAE.
Ajman actually bypasses Dubai and Abu Dhabi as an investment prospect in terms of short-term gains because the prices are significantly low as compared to Dubai. More Expatriates are looking to live in Ajman, which is only at 30 minutes drive (approx 35 km) from Dubai. Being so close to Dubai and anticipated to grow significantly in coming days, Ajman presents an excellent opportunity for those who were priced out of Dubai property market. Great location, Freehold properties, more than 20 years of tax-free operations, no personal income tax and many other advantages have helped to set Ajman property demand in the right direction.
Now, is buying Ajman freehold properties become your thought?
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