GJ Properties, the leading real estate developer, has announced the launch of Ajman Creek Towers, bringing ‘affordable living’ to investors and residents keen to capitalise on the opportunities and benefits of the growing emirate of Ajman.
The upscale and stylishly designed residential community consists of a collection of five exceptional towers, connected by a podium, located on the creek itself. Providing a masterfully designed living space, the one and two bed properties will include 1,875 apartments that are conveniently located close to several amenities and landmarks. Only 25 minutes from Dubai Airports, and within 15 minutes of Ajman City Centre, Amina Hospital and golf courses, schools and parks, the new development will set a new standard of quality, yet affordable living within an hour of all the amenities of Dubai.
Whilst providing very real investment opportunities, the new properties will also set a benchmark for sustainable living for families - with several outstanding British-education schools located nearby, and access to excellent healthcare facilities and amenities. The new properties are set to cater for those wanting a larger square footage and more affordable living space, without compromising on the commuting time or the quality of apartments they would expect in other emirates.
The launch of the property follows an exceptional year for Ajman, which is fast becoming the emirate to watch, with considerable growth expected. Thanks to the lower operational costs, which are providing promising investment opportunities, especially in the industrial, tourism, and service sectors, Ajman has seen an 60% growth in business investment in the past year. This has been fuelled by the availability of talent, as well as the investment into real estate and infrastructure projects, such as hotels, golf courses and universities which are attracting more and more people to move to the emirate for a more relaxing pace of life.
More than 405,000 people now count Ajman as their home, with further investments planned as part of the emirate’s growth strategy to create a sustainable place to live, work in and to visit.
Indeed,the recent first edition of the “Sustainability of Cultural Tourism in the Era of Digital Communication Forum”, organised by the Ajman Department of Tourism Development, in cooperation with the Arab Network For Communication and Public Relations at the Arab Administrative Development Organisation League of the Arab States, outlined the major potential of emirate to become a leading tourism destination. The 26 km of coastline, proximity to locations like Dubai, and its ranking as third among the seven emirates in terms of its industrial renaissance, are making it an attractive alternative for both residential and investment opportunities.
Speaking at the recent Ajman Real Estate Investment Exhibition, which was organised by the Department of Land and Real Estate Regulation in Ajman under the patronage of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, Ali Ghaleb Jaber, CEO of GJ Properties, said: "We are very excited to announce the launch of Ajman Creek Towers, which will bring affordable yet quality living for all. Ajman has experienced strong growth over the last few years, fuelled by investment into new infrastructure projects, and the attraction of new talent to the market. This is encouraging more families to build a home in Ajman, as they are attracted by the slower, more relaxed pace of life and the abundance of amenities, which includes access to a beautiful coastline, as well as the best schools and healthcare facilities.
“From an investment opportunity we are also seeing considerable interest - which is why we are very proud to bring Ajman Creek Towers to the market. Through this property portfolio, we will be able to support investors and entrepreneurs and accompany them in establishing their businesses and real estate projects. We are excited to attract more investors to Ajman, as we are constantly working on developing many real estate projects that meet the needs of all segments. This is especially true since the emirate of Ajman is known for its active and diverse real estate sector, and we have launched many large and small real estate projects aimed at a range of investors and residents. We are looking forward to further helping to build the growth of Ajman as we continue to attract interest from those looking for an alternative place to live and invest in.”
To further attract investors, GJ Properties are also offering attractive incentives such as 100% freehold, 0% registration cost and a minimal maintenance fee. Ajman Creek Towers is the 16th property portfolio to join the GJ Properties family, with other projects also including luxury apartments and various residential units, in addition to large real estate projects such as the "Al Ameera Village" project, "Golf Towers," which includes a variety of residential and commercial units.
“All recent data indicates that the real estate market in Ajman has witnessed a growth in demand and prices during the recent period, due to the quality of the projects offered and the flexible payment plans that we offer to our customers through direct payment options for a period of up to seven years. The projects are also located in prime areas where residents will be able to enjoy all the facilities offered, which include 24/7 security, gardens, and a children's play area. GJ properties is also keen to pursue transparency in customer service, which is characterised by integrity and appropriate services at the right time, as the customer service team works tirelessly to meet the requirements and expectations of the company's partners, investors, and customers.”
Ali Ghaleb Jaber emphasised that the company is keen to provide all options to its partners, including products specially designed to meet the needs and aspirations of customers, including apartments with studios, a one bedroom, two bedrooms, with the availability of spacious areas, free air conditioning, free parking, and maintenance services, and that the deals are made directly from the owner without an intermediary.
Ali Ghaleb Jaber praised the pivotal role played by the Department of Lands and Real Estate Regulation in Ajman in significantly advancing real estate growth in the emirate, as it works to create a favourable and attractive real estate environment for investment and to provide legal protection for investors and owners and enhance their confidence in the real estate market in the emirate.
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About GJ Properties: GJ Properties has delivered 16 high-quality real estate projects in Ajman and the Northern Emirates, with a priority to create living spaces that offer an exceptional quality of life to our customers, making them one of the premier luxury real estate developers in the UAE. Their projects are designed and built to industry-leading standards.
