Ramada Hotels and Suites Ajman launches much-awaited Shapes Spa and Health Club
Labels: Ajman HotelsAvailable services include organic facials, organic body wraps, massages and detoxification treatments, which make use of a range of Eminence Organic skincare products. The treatments are administered by Shapes Spa & Health Club's expertly trained team of attendants. In addition to the excellent range of spa services, Shapes also has a complete set of gym facilities such as cardio, resistance and stretch machines, specialised free weights, as well as sufficient space for yoga and aerobics sessions. Clients also have access to a state-of-the-art sauna, steam room, and indoor swimming pool.
Sweet Homes commences handover of units within Al Khor Towers to first batch of investors
Labels: Ajman ApartmentsSweet Homes Holdings (SHH), a leading UAE-based developer and multi-service provider to the real estate sector, announced that handover of units has commenced in ‘Al Khor Towers’, a project of the Real Estate Investment Establishment (REIE), an agency that undertakes private real estate investments under the Ajman Department of Private Properties. The company, which is in charge of the exclusive marketing initiatives for ‘A3’ and ‘B4’, two of the nine apartment buildings comprising the residential complex, further revealed that tenants within the two towers have started moving into their new homes. This follows earlier reports that confirmed the completion of both buildings, which are collectively valued at AED 70 million.
Offering a total of 133 two- and three- bedroom apartments, ‘A3’ and ‘B4’ are designed to offer spacious modern residential units, with only a total of four apartments - ranging from 1,518 to 2,366 square feet - on each floor. With excellent views of Ajman Creek, the lavish apartment units incorporate two balconies and a maid’s room with an attached bathroom, chilled water central A/C and fresh air systems. Each tower will also have a large marble reception area and three high-speed elevators, 24/7 maintenance and security, convenient car park facilities, with the ground floor of the ‘A3’ tower set to house a selection of retail shops.
“The prompt completion of this project underlines the commitment of the Ajman Government to grow the emirate’s real estate sector by undertaking large-scale developments that attract investors from across the UAE and the region,” said Fahad Sattar Dero, CEO, Sweet Homes Holdings. “As the company handling the exclusive marketing initiatives for towers A3 and B4, we are proud of our contribution to the success of this high-value project. We are confident that a new lifestyle and convenience have already started for the families and individuals who will reside in to these excellent apartments.”
Launched in 2006, ‘Al Khor Towers’ offers 100 per cent freehold status to residents. Located in the Al Khor area, near the Ajman Free Zone Etisalat building and Ajman City Centre, the project boasts of a strategic location, which is only one of the many advantages of the development. To highlight the project’s unique benefits and ROI potential, Sweet Homes has undertaken extensive promotion and marketing campaigns, and leveraged its extensive experience in property management in the region. Some of the other developments, which the company has successfully handled include ‘International City’, ‘Rufi Twin Towers’, ‘DEC Towers’, ‘Corniche Towers’, ‘Falcon Office Tower’ and ‘Falcon Residential Tower’.
“Working with REIE has been a true honour, and we are looking forward to being part of their future developments, which are always carefully planned to complement the government’s aim to develop Ajman’s real estate sector. The sales success of the two towers we have handled is a testament to the quality of government-baked property projects, which continue to attract a significant number of investors,” concluded Dero.
Ajman Property News, November 2009
An investor in Ajman-based BSEL Infrastructure Realty's Pearl Tower is seeking 12 per cent interest on his principal amount as assured by the developer under his buyback offer.
However, the developer, who has returned the principal amount to him, through a post-dated cheque, said the offer was valid only for investors who had paid "up front" in full for the units.
Anis Alaeddin, who invested in a unit in Peal Tower, Emirates City, said the developer in a letter (published below) guaranteed a buyback at a premium of 12 per cent per annum and was to return the money within 15 days from the date the buyback option was exercised. BSEL's Executive Director Manish Kanakiya contested the claim, saying the contract clause clearly mentioned that cancellation or termination of the agreement would lead to forfeiture of a maximum of 15 per cent of the total value of the unit.
Kanakiya said: "The buyback offer was valid only if the investor had paid 100 per cent at the time of booking. But if the purchase was made on a payment plan, then clauses will come into force, and clause number 8.10 will be enforced."
Clause 8.10 reads: "In the event of cancellation/termination of this agreement by request of the buyer, or by default by the buyer of any clause in this agreement, all payments previously made by the buyer, subject to a maximum 15 per cent of the total price [hereinafter referred as 'agreed amount'] will be absolutely forfeited by the seller and the refundable amount, if any, will only be paid to the buyer after rebooking of the unit."
Shaikh Rashid bin Humaid Al Nuaimi, director of the Ajman Municipality and Planning Directorate (AMPD) has ordered the opening of the newly-constructed Ajman Abattoir before Eid Al Adha.
Ajman Real Estate Regulatory Agency (ARRA) is the official real estate authority of Ajman and ARRA was established in Dec. 2008, according to the provisions of the Amiri Decree No (8) of 2008, as amended by the Amiri Decree No. (11)& (12) of 2008.
Ajman Real Estate Regulatory Agency (ARRA) regulates Ajman real estate and property activities and joint ownership in Ajman and set up policies and legislations to authorize Ajman real estate projects/investment buildings. ARRA, Ajman also looks after the implementation of these policies and other plans related to them as well as regulating joint ownership.
