Property investors are snapping up units in a luxury apartment project in Ajman, United Arab Emirates, with sales of Dhs 1.5 billion already recorded. Customer response to the sale of Goldcrest Smart Towers in Ain Ajman was overwhelmingly positive, with sales moving considerably faster than initially anticipated.
Bosses of the scheme described investor reaction to the project as “overwhelmingly positive”, with 80 per cent already sold. The project involves studio, single-bed and double-bedroomed units and is due to be fully complete by 2012.
Amir Giga, Managing Director, explained: “Goldcrest Smart Towers, our Dhs 2 billion flagship project has evolved to become Ajman’ most compelling new lifestyle destination for middle income home owners. We are confident that Smart Towers will live up to their reputation of being a state-of-the-art, luxury residential address in Ajman, while at the same time contributing to making Ajman one of UAE’ desirable hotspot. The fact that we have customers from around 50 varied nationalities at Smart Towers adds emphasis to the opportunity here, which is attracting global interest.”
When completed, Goldcrest Smart Towers will boast more than 3,600 luxury apartments comprising of studios, single-bedroom and double-bedroom units. Construction is set to commence mid 2009 and the project is scheduled for completion in 2012.
Source: Zawya & Ajman Property News
Syndication: RIBH
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