| Ajman
is the smallest member state of the United Arab
Emirates, with an area of just 260 square kilometres.
Its capital is Ajmān. Located along the
Persian Gulf, it also controls Masfut and Manama,
two small, inland enclaves that are primarily
agricultural. The population of approximately
235,000 is located mainly in the capital, Ajman.
The population was only 36,100 in 1980 but grew
considerably in recent years, due to an influx
of people from the neighboring emirates of Dubai,
Sharjah, and other countries.
It is presently ruled by His
Highness Sheikh Humaid bin Rashid Al Nuaimi.
The Crown Prince of the Emirate is Sheikh Ammar
bin Humaid Al Nuaimi. Ajmān experienced
massive development and a construction boom
in recent years .
|
Ajman Development
Boom
Ajman is currently the only emirate
in the UAE offering investors of any nationality fully
transparent true 100% freehold ownership on real estate,
which in turn has attracted a huge number of investors
(local and international) to this emirate. This in
turn has prompted the Ajman government to initiate
a number of development projects .
New Ajman is the name given to the
area being developed outside of the current Ajman
city, located by the Emirates Road. New Ajman will
consist of many new developments & projects envisioned
by Chief of Municipality Sheikh Rashid Al Nuaimi.
One of the first developments of New Ajman is called
"The Emirates City", a brand new city located
directly on the Emirates Road to be built from scratch
consisting of more than 100 mid- and high-rise buildings.
A number of shopping malls, hotels and residential
villas are also planned to eventually extend all the
way to the 'Al Zoura' area, where beachside developments
are planned .
Ajman International Airport hosting
about two million passengers per year has also been
announced, and construction will start in the second
half of 2008 in the Al Manama area of the Ajman, and
airport operations are set to start by 2011. |
