A new project in Ajman

djamel05's picture

Can anyone check this up:
A new project advertised today in Gulf News by Al Andaleeb Investment Group.

Studios starting at 52,000 Dhs for an area of 350 sqft
1 BR starting at 104,000 Dhs for an area of 700 sqft
2 BR starting at 156,000 DHS for an area of 1050 sqft

This comes out to 148 Dh/sqft never seen such low price

The web site is: www.andaleeb.ae
Phone: 04 321 4323
Is this for real or just a scam as construction cost alone is higher than these sale prices.

Comments

New Project in Ajman

This Ad is there in gulf news classified since long time ( About 6 months and so ), that time I called andaleeb office and received some informations that time the price was 20-25% less than current rates that time 1 Bed room of 3rd phase was 80,000/-. Today I called up them and the story is that the project is coming up near to The emirates city towards al ameera village and since now they don't have anything concrate mean what will be project name / how many building will come up to that area nothing has been finalised its just on conceptional stage... so we are not buyer but invester this price is for invester who invest blindly without knowing anything..... If anyone approch the authority of Ajman and verify the reality of the real estate company....than may be a good investment..... they are claiming that its a very big project, how big they don't know.

scam

they are all scam, dont invest in Ajman any more, i did invest in lakeview and i lost my money but i never let lakeview away just like thay, they are still doing a good propaganda in international property TV,
Where is the ruler of Ajman....probably he is in holiday some where in Soho london....

According to the Project

According to the Project Manager, Azad Nouri, the residential units, covering 14million square feet of built-up area, are offered on a freehold basis. The sale of the units will begin shortly once the designs are finalized. canopy bedNouri invited all the investors and residents to be part of this ambitious project, which offers perfect style and toddler beds quality, with reasonable pricing.According to developers, the residential buildings will be one of the modern architectural wonders. The units will be positioned facing the marina, and are expected to comprise hi-tech gadgetry which provides the option for residents to monitor their properties, even when they are out of futon covers country.Apart from this, Ajman Marina provides ample berths and best marine management, including boat cleaning and repairs, loading assistance and dock masters. Other facilities on offer are covered car parks, 24 hours security and close proximity to schools and healthcare centers.