About – Ajman Uptown
In 2007 – against my better judgement, I purchased a property in the UAE – specifically in the Emirate of Ajman. A 1500 villa project, Ajman Uptown by a developer called Real Estate. Fyi, I don’t live in the UAE.
This is a record of the disaster that it has turned out to be, for me. I hope to upload some resources for other potential buyers of property in the UAE. It won’t help those of us who’ve already fallen in the trap – but should give any new buyers reason to pause &/or if absolutely determined to go ahead, help you ask the right questions.
A number of these issues can all be traced back to rogue developers, running much faster than the regulators.
This article from The National – summarizes it best;
http://www.thenational.ae/article/20090504/BUSINESS/705049942/1005