Silver Gate Real Estate
Yes, Ajman allows foreigners to purchase real estate in designated areas with freehold ownership or long-term leases, making it attractive for international buyers and investors.
You can purchase a variety of properties including apartments, villas, townhouses, and commercial properties in Ajman. There are also freehold and leasehold options.
Ajman is known for its affordable property prices compared to other UAE emirates, making it an attractive investment opportunity, especially for those seeking rental income or long-term capital appreciation.
Certain zones in Ajman, such as Ajman Corniche and Emirates City, allow freehold property ownership for foreigners. These areas are popular among expats and investors.
In addition to the property price, buyers typically pay a 2% to 4% transfer fee, real estate agent fees, and possibly registration fees. Some developers may also charge maintenance fees on the property.
Yes, several banks and financial institutions in the UAE offer mortgage financing for property purchases in Ajman. However, eligibility and terms may vary based on the buyer’s nationality, income, and other factors.
Purchasing a property in Ajman may make you eligible for a UAE residence visa, depending on the property’s value and the type of ownership. This benefit is often available for freehold properties above a certain value.
The process can take anywhere from a few days to several weeks, depending on the property type, payment method, and buyer/seller requirements. Using a reputable agent can help streamline the process.
Generally, you’ll need your passport, Emirates ID (if applicable), and proof of funds. Mortgage applications may require additional documents such as income statements and credit history.
Ajman does not impose a property tax on real estate, which makes it more affordable. However, there may be annual maintenance or community fees.
Yes, you can resell your property in Ajman. The process is similar to other property transfers, and you may list your property with an agent or sell it privately.
Yes, Ajman’s real estate market is regulated to ensure transparency and protect the rights of buyers, sellers, and investors. The Ajman Real Estate Regulatory Agency (ARRA) oversees property regulations in the emirate.
Some popular areas include Ajman Corniche, Al Nuaimiya, and Emirates City, offering a mix of residential and commercial properties at different price points.
Yes, property owners in Ajman can lease out their properties to generate rental income. Many investors purchase properties in Ajman for this purpose due to the growing rental demand.
It’s important to consider factors such as the location, property type, developer reputation, and potential return on investment. Consulting with a real estate agent and conducting a market study can help you make an informed decision.
We can help you realize your dream Property in Ajman, UAE
Subscribe to our weekly Newsletter and receive updates via email.
Copyright © 2024 Silver Gate Real Estate. All rights reserved.