Bonyan, a leading real estate firm, has revealed that it will offer special payments terms for the remaining plots within its “Eye of Ajman” project at the International Property Show (IPS) - Dubai 2009.

The property show, which opened today (February 15) at the Dubai International Exhibition and Convention Centre will end on Tuesday (February 17).

“Ajman is an emirate that is developing at a fast rate, with upgrades on basic utilities and services actively being undertaken by the government, which is being recognised by global and regional developers, investors and end-users,” said Anas Atatreh, vice chairman of the board, Bonyan International Investment Group (Holding) L.L.C. (BIIG). “Through the ‘Eye of Ajman’ project, we are in a position to offer the best investment opportunities to customers who seek to acquire plots on a 100 per cent freehold basis and via attractive payment terms.

“Our presence at the IPS - Dubai 2009 will provide an excellent opportunity for potential customers to take advantage of Ajman’s investor-friendly property laws and reliable public utility services by availing of the special prices, which we have marked for the remaining plots within ‘Eye of Ajman’ solely for this event.”

With current prices of properties in Ajman amounting to merely a third of Dubai-based investments, the emirate has emerged as one of the fastest developing real estate hubs in the Northern Emirates. Designed to offer investors strategically located lands to accommodate modern residential and mixed-use developments, the ‘Eye of Ajman’ project is set to welcome customers who are seeking to avoid the high property prices in Dubai.

Located 20 minutes from Dubai, the ‘Eye of Ajman’ project is an accessible community development, which is comprised of well-appointed plots to provide an outstanding site for mixed-use developments, with a strategically outlined network of roads to facilitate smooth traffic within the city.

A statement said that the developer has recently completed the earthworks on the entire project, which include allocated plots to accommodate the construction of commercial, residential, offices and hospitality developments. Upon completion, the community development will have a total built up area of 38 million sq ft, and will house schools, hotels, a mosque, clinic, health club and an electric sub station amidst a sprawling urban landscape.

“ ‘Eye of Ajman’ emulates the outstanding potential of the emirate of Ajman in terms of growth as well as its aggressiveness in attracting new and established investors. This project is a testimony that Ajman is headed for continuous growth on account of its openness to development, and we are expecting our strong presence as a leading developer to be one of the driving forces of its economic success. We are looking forward to gain excellent sales within IPS - Dubai 2009 by leveraging the attendance of many prospective clients within this high-impact event,” concluded Atatreh. – TradeArabia News Service