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TEJARAH EXECUTIVEPrices are starting from
690AED/sqft (for floors at 670AED/sqft)
Construction:
Architect and contractor: Adnan Saffarini (main architect and contractor of Al Marmooqa City Project)
Expected month construction starts: March 2009
Expected month of completion: March 2012
Payment Terms
Payment Plan (months after signing - however on completion remaining payments due - there will be an advice three months ahead of completion):
Percentage of Total Price
On Signing: 5%
30 days Signing: 5%
Month 3: 5%
Month 6: 5%
Month 9: 5%
Month 12: 5%
Month 15: 5%
Month 18: 5%
Month 21: 10%
Month 24: 5%
Month 27: 10%
Month 30: 5%
Month 33: 10%
Remaining 20% on Completion
Tejarah Executive
Building Description:
- Ground + 7 Parking + 25 Commercial Office Floors
- Retailspace for Restaurants and Cafes on the Ground Floor
- Total Built-up Area – 385.000 sq.ft
- Covered Parking – 415 units
Location:
- Walking distance from Shopping Mall
- Park View
- Two minutes from Emirates Road
Major Features:
- Lobby in building
- 6 high speed elevators
- Centrally air conditioned
- 24 hour concierge
- Separate prayer rooms
Healthcare and Recreational Facilities on the rooftop:
- Jacuzzi
- Sauna
- Steam room
- State of the art gyms
Business and Communication:
- Business centre
- Conference rooms
- Broadband internet
- Intercom
Facts and Figures
Facts:
- Properties in Ajman are available for as low as a third of the price in Dubai and offer much greater return on investment.
- Being of the smallest of the seven emirates, limited space mean much greater potential for capital growth and demand in the in the real estate sector.
- The Ajman market has experienced a growth of the three to five percent per months over the past two years. In 2008 alone, Ajman property owner have seen a price appreciation of 40 percent.
- Ajman has its own Freezone and Seeport which offer excellent growth opportunities for new and existing Businesses.
- It is only 30 minutes away from the Dubai International Airport and only 10 minutes away from the Sharjah International Airport.
- The new Ajman Property Law with Escrow protection offers investors the security they need to ensure their assets are being built according to their expectations.
- Whether you are a new business or an existing multinational looking for affordable back and operations, Ajman is a smart choice.
- Ajman is quickly becoming the most popular emirate to live and work in, due to its beautiful, relaxed and affordable lifestyle.
- With stunning beaches, excellent hotels and a friendly environment it is an excellent place to live and work in.
Figures:
Ajman Other Emirates
Cost of Office Space 575-750 1.500-5.000 Dhs. per SqFt.
Annual Growth (Expected) 30% 10% %
Current Rental Rate 2062+ 2000+ Dhs. per SqFt.
Average Rental Income 7-12% 12% %