ÿþ<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN"> <html> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <title>Eqarat.com Newsletter</title> <style type="text/css"> <!-- a:link { color: #095AA5; } a:visited { color: #095AA5; } a:hover { color: #4DAC27; } a:active { color: #095AA5; } --> </style> <link href="eqnews.css" rel="stylesheet" type="text/css"> </head> <body> <P>&nbsp;</P> <table width="650" border="0" align="center" cellpadding="1" cellspacing="0" bgcolor="#CCCCCC"> <tr> <td><table width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td height="130" valign="bottom" bgcolor="#095AA5"><table width="100%" border="0" align="center" cellpadding="0" cellspacing="0"> <tr> <td height="80" class="20pxpad"><img src="http://www.eqarat.com/newsletter1/images/meren2.gif" width="390" height="64"></td> </tr> <tr> <td height="25" bgcolor="#4DAC27" class="linetopwht"><table width="610" border="0" align="center" cellpadding="2" cellspacing="0"> <tr> <td><img src="http://www.eqarat.com/newsletter1/images/worthy.gif" width="217" height="17" border="0" usemap="#MapMap"></td> <td width="175"><div align="right" class="whtfont"> <div align="center">Issue No 256 - 12 Feb 2008 </div> </div></td> </tr> </table></td> </tr> </table></td> </tr> <tr> <td bgcolor="#FFFFFF">&nbsp;</td> </tr> <tr> <td bgcolor="#FFFFFF"><table width="610" border="0" align="center" cellpadding="0" cellspacing="0" class="Copyfont"> <tr> <td width="180" valign="top"><img src="http://www.eqarat.com/newsletter1/images/256ajman_big.jpg" width="180" height="134" class="blackborder"></td> <td width="20" valign="top">&nbsp;</td> <td valign="top"><SPAN class=hdngBlck>Ajman hosts debut property show </SPAN><BR> <p>Ajman is hosting its first Northern Emirates edition of R&R Local Property Show, the organizers said in a statement.</p> <p>Sheikh Majid Bin Saeed Bin Rashid Al Nuaimi, Head of the Ajman Amiri Court at the Ajman Kempinski Ajman is patronizing the show. </p> <p>"For the majority of UAE residents, owning a home in the Emirates is still a pipedream," said Tessa Morris, Marketing Director, DSL Exhibitions.</p> <p>"Since this restricts a large segment of the population from participating in the growth of the real estate market, affordability can open the doors to a huge, latent market of buyers within the UAE, and the Northern Emirates are making this possible," said Morris.</p> <p>Focus is now being centered on the Northern Emirates as a viable alternative investment to sky rocketing prices in Dubai and properties can now be purchased on payment plans that middle and low income segments can afford - with as little as five per cent deposit in some cases and fixed payment plans of Dh2,000 ($544) per month, the organisers said.</p> <p>"We are witnessing UAE's next property boom here in the Northern Emirates," she added.</p> <p>Speaking on growing buyer interest, Khurram Wahid, Director of Sales at Chapal World, Platinum sponsors of the R&R Local Property show, said: "The property market in Ajman has matured significantly, way ahead of its previous levels. Being more affordable is no longer a competitive advantage  developers as well as buyers are now focusing on value adds such as furnished guest suites, water games, golf simulators, and party halls etc. which can add to rental values."</p> <p>"As more and more modern residential developments are introduced in Ajman, population density is rising, creating stronger demand for properties that offer closer and faster routes to Dubai," he said.</p> <p>"Real Estate will remain the primary engine of growth for Northern Emirates for some time to come," said Amir Pardesi of Star Giga Establishment, a property developer who launched Goldcrest Dreams.</p> <p>The R&R Local Property Show, Northern Emirates is the first dedicated real estate showcase focused on the Northern Emirates. Also for the first time, major developers of projects in the Ajman, Sharjah, Ras Al Khaimah, Umm Al Quwain and Fujairah gathered under one roof to showcase their properties to the public.</p> <p>Exhibitors at the show include Chapal World, Goldcrest, BL Properties, Abu Dhabi Estate Centre, Ajman Land Properties, Al Kubra Investment House, Aspire Real Estate, Geo Property Brokers, Midein Umm Al Quwain, Tricon Properties, Midex Property Developer, Monarqe Properties and Investments, Northern Emirates Property, Palm Real Estate among several others.</p> <br> Source: Trade Arabia News</td> </tr> <tr> <td valign="top">&nbsp;</td> <td valign="top">&nbsp;</td> <td valign="top">&nbsp;</td> </tr> <tr> <td valign="top">&nbsp;</td> <td valign="top">&nbsp;</td> <td valign="top"><P align=justify><FONT color=#333333><A href="http://www.eqarat.com/newsletter1/Forward2.jsp?id=1&iid=256"><strong>Forward this article</strong></A></FONT></P></td> </tr> </table></td> </tr> <tr> <td bgcolor="#FFFFFF" class="linebtmblck">&nbsp;</td> </tr> <tr> <td bgcolor="#FFFFFF"><table width="100%" border="0" cellspacing="0" cellpadding="1"> <tr> <td height="90"><div align="center"><a href="http://www.eqarat.com" target="_blank"><img src="http://www.eqarat.com/newsletter1/images/eqarat-web.gif" width="154" height="62" border="0"></a></div></td> <td width="20" valign="bottom" class="Copyfont"><P align=left><br> <BR> </P></td> <td valign="bottom" class="Copyfont"><p><span class="smallfont"><br> </span> <strong>Eqarat.com REAL ESTATE, PO Box: 7553, Dubai, UAE <br> Tel: +971 4 3242224 Fax +971 4 3242221</strong><br> <strong><a href="http://www.eqarat.com">www.eqarat.com</a></strong> <br> <br> </p></td> </tr> <tr> <td width="200" bgcolor="#4DAC27">&nbsp;</td> <td bgcolor="#095AA5"><div align="left"><img src="http://www.eqarat.com/newsletter1/images/gate.gif" width="20" height="20"></div></td> <td bgcolor="#095AA5">&nbsp;</td> </tr> </table></td> </tr> </table></td> </tr> </table> <p>&nbsp;</p> </body> </html>