Emirate City is it a Goldmine or just a Desert with sand
I think if you are able to hold it and keep on the positive side there is money to make it. First time I visited dubai was 1996 when you can get nice villa in dubai with from 500000dirhams, then I visited again 2001, the only thing a small investor like me could touch was flats in sharjah or ajman, then I visited 2007 you just forget sharjah, and think about Ajman and this time ajman changed completely in terms of property and I have seen a lady renting her one bedroom flat at naiemiyah towers with 33000dirhams/year. I have also observed how much time it takes you to Dubai centre from ajman and sharjah which is where i was staying, and it was nightmare one hour and half to two hours. now, with emirate city road and with other projects along the road, the wealth sheiks villas lining up towards towards emirate road from ajman. But biggest bonus is RHolding linkage with ruling ajman family, so we do not have to worry infrastructure. I think guys if we just forget and keep installments, A lot of us will be smilling early of 2010 to the latest. Some will say to us who told you emirate city man and my answer will be man, I kept low profile for two years and time was not ending and if you can you, can do yourself.