Past, Present & Future
Ajman has been a focus for banking, industrial and commercial investments, with a steady growth throughout its past, followed up in recent years with exceptional rates of economic growth, making the present day emirate the fastest growing in the UAE. Its unique geographical location and the development of the Free Zone for trade, has assisted Ajman in reaching its present day position as a centre for economic activity in the country.
Real estate investments were not previously a focus for Ajman, however the UAE’s changes in recent years to create an ease in the purchasing procedure for overseas investors has created a new market for this Emirate. Neighbouring areas such as Dubai and Abu Dhabi have witnessed the wealth of growth and opportunity foreign investors have bough to the real estate and tourist markets. Ajman is now set to follow from their lead, with early entry opportunities providing much more competitive pricing and the potential for higher capital appreciation compared to its neighbouring states.
The future for Ajman’s real estate development and investment potential appears steady and secure, with its strategic position for property and commercial growth, positive government integration, a developing tourist market and strong economy. Coupled with the tax incentives and emerging market opportunities, many more overseas property investors are looking towards Ajman for the impressive financial short, medium and long term benefits that can be gained.
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