Real Estate in Dubai

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AJMAN FREEHOLD PROPERTY

THE EMIRATE OF AJMAN has been described by the gulf news as the new property hotshot of the UAE. Yhe vibrant free trade zone in Ajman (ALFZ), allowing 100% foreign ownership without personal of business taxes, the rapid growth and reinventation of Ajman is set to contnue with several multibillion dirhams real estate projects planned spearheaded by the Marmooka city. From a traditional emirate decade ago to regional hotspots for all the types of residential and commercial investment. Ajman has transformed itself to the city that holds a futuristic outlook and lifestyle. Ajman moves to embrace modernity is already showing its colors where high worth iconic projects have been already planned and launched like Al Zhora. Ajman marina and the new international Ajman airport.

ABOUT MARMOOKA CITY

Owned by the sheikh of Ajman the marmooka city development is offering a new of life with the construction of over 200 residential and offices towers set against lush gardens and lakes. Set for completion in 2009, the city will include shopping district 5 star hotels mosques, educational and medical facilities all located on the Ajman sharjah border just 30 minute from Dubai airport

It’s the UAE property Revolution of 2002 all over again. For investors who have participated in a rare land purchase opportunity called Marmooka City , Ajman . From Quality residences and offices to fabulous malls, this city will have it all.

AMENITIES

Property as Marmooka City offers a number of advantages and incentices

-          The Marmooka City development is owned by the sheikh of Ajman
-          Land is smarter planned by the sheikhs development company real estate investment
-          100% owner rights, guaranteed residency visas buyres
-          Booming Free Zone attracting strong investment from GCC nationals, expatriates and overseas buyers
-          Located Ajman – Sharjah border of the emirates road and just 30 minutes from Dubai International airport
-          Average prices are significantly less than in Dubai – up to the four times lower with apartment and office spaces that tend to larger
-          Freehold plots with residential visas
-          First transfer free
-          Ajman expanding rapidly (where Dubai was in 2002)
-          Close proximity to other new communities developing in Ajman
-          Residential and Commercial plots
-          Community – schools, Retail outlets, Shopping Malls, Five Star Hotel, Hospitals, Community Centers and Mosques

Plot Details

·         Name :CORPORATE TOWER
·         Plot No.MC 19
·         Proposed  G+7P+25+H.C
·         Office Building

DEVELOPER: KAY STAR DEVELOPERS & INVESTORS

Recently established in UAE is a development and construction arm of Ashoka Builders & Developers from India . Originally a well known textile trading & manufacturing group established in India since 1947. The group brings with itself their group MOTTO OF QUALITY & COMMITMENT that has been the essence their business ethics. The group expanded its activities from textiles to construction in the eighties.

He group owns various SBUs including KRISHNA FAB, KONARK EMBROIDERY LIMITED AND SOHANDIA FABRICS PVT.LTD. The units supply textile & finished fabrics all over India while international exports rangefrom Middle East to East Asia . The group assets amount over AED 100 MILLION WHILE GROUP TURNOVER IN 2007-2008 EXCEEDED AED200MILLION. The group also owns an investing arm namely KRISHNA AGRO BIOSCIENCE PVT.LTD. That has been investing in agricultural land and plots in various parts of India .

KAY STAR INVESTMENT & DEVELOPERS aim to invest over AED 200 Million in various residential, commercial and retail projects in the UAE in the next three years.

Contact Lyndon Enobio
Property Consultant
Tel.: +971 4 266 6517
Fax: +971 4 268 5586