Silver Gate Garden H1

Silver Gate Real Estate

Buying property in Silver Garden Phase-II in Ajman can be an exciting investment opportunity, given Ajman’s growing real estate market. Here's a detailed look at the key aspects of purchasing property in this development:

Overview of Silver Garden Phase-II, Ajman

Silver Garden Phase-II is a residential community in Ajman, designed to offer a comfortable and modern lifestyle to residents. Known for its strategic location, the area is ideal for both investors and families looking to enjoy a blend of urban conveniences and tranquil living. This community is part of Ajman’s broader urban development, reflecting the emirate’s commitment to creating more residential options for locals and expats alike.

Location and Accessibility

Proximity to Major Areas: Silver Garden Phase-II is situated close to essential locations in Ajman, with easy access to the city center, shopping areas, healthcare facilities, and educational institutions. Ajman’s compact size makes it convenient to travel to Dubai and Sharjah, making it a popular choice for those who work in other emirates but want affordable housing options.
Transportation Links: The area has well-developed roads and public transportation options, ensuring smooth connectivity to other parts of Ajman and nearby emirates. Additionally, it's located close to main highways, which is beneficial for those commuting to work or accessing nearby recreational spots.

Key Amenities and Facilities

Community Facilities: Silver Garden Phase-II is a well-planned community with essential amenities, including parks, children's play areas, community centers, gyms, and swimming pools, promoting a healthy and active lifestyle.
Shopping and Dining Options: The development includes retail shops, supermarkets, and a range of dining options nearby, allowing residents to fulfill their daily needs and enjoy leisure activities without having to travel far.
Schools and Healthcare: Families will find reputable schools and healthcare facilities within a short distance, which is crucial for those considering long-term residence in the area.

Investment Potential and Market Trends

Ajman’s real estate market has been steadily growing, and properties in developments like Silver Garden Phase-II are considered valuable investments. Some key points include:

Affordable Prices: Compared to neighboring Dubai and Sharjah, property prices in Ajman are more affordable, making it a popular choice for first-time homebuyers and investors.
Rental Yield: Ajman offers high rental yields due to lower property prices and strong demand, particularly from expats working in Dubai and Sharjah. Properties in Silver Garden Phase-II can thus generate a steady rental income.
Resale Value With continuous development in Ajman, property values are expected to appreciate over time, providing long-term investment potential for buyers.

Legal Process and Fees

Ownership Rights for Expats: In Ajman, foreign nationals are allowed to buy property on a freehold basis, meaning they have full ownership rights to the property.
Legal Documentation: Buyers need to secure an Ajman Real Estate Regulatory Authority (ARRA)-registered property title deed to ensure legal ownership. Working with registered real estate agents or legal advisors is recommended to make the process smooth.
Additional Fees: Expect fees such as registration charges, property transfer fees, and real estate agent commissions. It’s advisable to budget for these additional costs to avoid surprises.

Legal Process and Fees

Mortgage Loans UAE banks and financial institutions offer mortgage options for properties in Ajman, including Silver Garden Phase-II. It's important to check with multiple banks to compare interest rates, down payment requirements, and terms.
Developer Payment Plans: Silver Gate Real Estate offer flexible payment plans, allowing buyers to pay in installments over a few months. These plans are often interest-free and make it easier for investors to enter the market without needing a large upfront payment.