While Dubai’s freehold market continues to grow, it now does so at a slower pace than before while more and more launched properties finally make it to completion.  Other Emirates, however, are taking full advantage of this and the fact that the costs of living in Dubai are still on the rise by launching their own new freehold projects to compete with neighbouring Dubai.  One of these Emirates is Ajman, the smallest of all the Emirates but certainly the leading contender to the success of Dubai’s booming property market, and with more new developments on the way, Ajman property just might be the place to live over the next decade.

While Ajman is little known to overseas investors and visitors, it is certainly well known by local residents as a great respite from all the hustle and bustle, not to mention traffic, of living in Dubai.  With the prices of rental accommodation and buying your own home still increasing in Dubai, more and more people are looking beyond the borders for properties to invest in at a fraction of the price.  With only a forty minutes drive to Dubai, Ajman has been able to jump on board the property boom, announcing many different freehold projects over the past few years, and now there are even more to come.

Smart City is a new freehold development to come from Goldcrest Properties, and this luxury development can certainly rival some of Dubai’s leading luxury projects.  There will be eight towers in this development, spread out across 4.2 million square feet, and complete with the finest facilities for residents and finished to the highest standard.  With a choice of studio, one and two-bedroom apartments for sale, this is the perfect place to buy if you want a holiday home, a small family getaway or just want to own a property in the UAE without the excessive costs.

Also new to the Ajman real estate and freehold property market is the launch of another tower within the Emirates City development, the largest freehold community in Ajman.  As a part of the Emirates Lake Towers, a selection of high-rise buildings with views out over manmade lakes, the Lake Signature Tower will be a 30-story addition to this already massive project.  With studios, one and two-bedroom apartments on offer, Lake Signature is an excellent addition to the Ajman freehold property market and certainly part of a popular development for property buyers.

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