If you are considering investing in Ajman, be ware that Ajman has a huge problem with lack of Electricity. ALL of the new high rises are on generators. The only two projects that I know of that do not use generators are Naimie Towers and Rashidia Towers.
It might seem like it's no problem, but it is. The surge from the generators being switched on and off will burn TVs and refrigerators in a matter of weeks. And the land lord of course is not responsible. That is why Al Khur towers, although finished, sits empty. A three bedroom is going for 35K a year and still there are no takers. That is because people are becoming aware of problems with buildings run on generators.
And if you are thinking about getting a piece of land in Ajman to build it, you can forget that also. You will not be approved for Water and Electricity. We finished our house over a year ago and have had our application turned down by FEWA. Only Emiraties will get W/E connection, and that's ofcourse due to the shortage. But they won't tell you that when you buy the land and go to the municipality to pay the hefty transfer tax. They also won't tell you that when you go get the building permit.
The plans for a power plant in Ajman have been scrapped. But no one will say anything about it.
Be wise, don't invest in Ajman
It might seem like it's no problem, but it is. The surge from the generators being switched on and off will burn TVs and refrigerators in a matter of weeks. And the land lord of course is not responsible. That is why Al Khur towers, although finished, sits empty. A three bedroom is going for 35K a year and still there are no takers. That is because people are becoming aware of problems with buildings run on generators.
And if you are thinking about getting a piece of land in Ajman to build it, you can forget that also. You will not be approved for Water and Electricity. We finished our house over a year ago and have had our application turned down by FEWA. Only Emiraties will get W/E connection, and that's ofcourse due to the shortage. But they won't tell you that when you buy the land and go to the municipality to pay the hefty transfer tax. They also won't tell you that when you go get the building permit.
The plans for a power plant in Ajman have been scrapped. But no one will say anything about it.
Be wise, don't invest in Ajman