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.
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Thanks Dwarish for your answer
Thanks Dwarish for your reply. However, I need to disagree with you regarding this issue of good investment. First, the risk is extremly high as it is clear that they don't own land which means that they have nothing to loose if they disappear, second that if what they are asking is close to the construction cost that they will endure, it might be logical but at these prices and with nothing concrete there and specially that this has been there for last 6 months, it is all fishy. What makes it more fishy is that in the add, they limit it to one unit for each owner, which means they want only small investors not big ones who might cause them trouble.
Regards and thanks again.
Andaleeb's new project
Dwarish,
You are spot on!
Look likes the company wants to make a quick buck & run?
Lee
Agreed with "Djamel" they
Agreed with "Djamel" they are looking to small investers only... I its on very high risk, Personally I will not at all support to do any kind of investment.