Im looking into a development in Ajman, between Sharjah and Dubai. Its called GoldCrest Dreams and is being marketed by GoWealthy.com. The prices are fairly reasonable as i think the area is new to property investment. Does anyone know much about the area? Or have any specific advice regarding this or any development in Ajman.
The payment plan in place for GoldCrest Dreams is one of the main reasons im interested in it. I can get a one-bed at a price im comfortable with paying over the next 5 years. Im not buying this purely as an investment, i want to use it for family holidays, but in the long run i guess it has to be a sound financial investment. I'll be going to Dubai in a few weeks and intend to look into several developments, but at the minute, this is my favourite, based on the numbers. I know very little about the area, so might hate it.
Hi, The development seems good an investment because of its location and payment structure in Ajman. The Emirate of Ajman is fairly minute in size (around 150 sq km) and has a population of almost 100,000. Ajman is basically a place where lower middle class people working in Dubai live! Ajman to Dubai drive is around 20 kms but it takes 60-90 minutes during office hours and shopping hours (that pretty much means almost every hour of the day you are awake!).
Right now, one bedroom bedroom apartments usually go for 18-25K AED per year or maximum 30K depending on the area and how new is the building.
Ajman is know for fishing, some old archeological sites, few shopping centres, beaches and its freezone.
Goldcrest is an OK development for investment but great for any working person in the Northern Emirates region including Dubai!
thanks for your help... On further investigation i see this is part of the emirates city development which intrigues me even more. Im planning on a viewing trip in a few weeks so i'll update for anyone interested...
hi property guy, did you go to dubai yet . If you are looking to Invest contact shannon_richards_sky@yahoo.com.They were quite a good help when I bought off them . Good Luck
