Goldcrest Properties this week annouced the launch of the new Smart City property development in Ajman. The AED 2 Billion development, which is located along the Emirates Road will cover approximately 4.2 million square feet of prime Ajman real estate, and will comprise of 8 luxury residential towers. The towers will include 3,500 units, which will be made up of studio, one bedroom and two bedroom apartments.Smart City is sure to prove popular with investors, who currently see Ajman as providing good potential returns in comparison with other Emirates. Close proximity to the major commercial hubs of Dubai and Abu Dhabi, coupled with the lower cost of real estate in Ajman, has resulted in an increased level of interest in the region over the past twelve months.
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