Properties for sale in New Industrial City

The city of Ajman has the privilege of being the first to offer freehold properties to non-GCC nationals in the United Arab Emirates (UAE). While cities like Dubai, Sharjah and Abu Dhabi hold a greater population of expats, the chances of Ajman attracting a huge crowd of expats becomes slimmer. However, Ajman’s policy of opening its gate to non-GCC home investors has boosted the demand of Ajman properties while also becoming an appealing option for commercial investment as well. Offering spectacular commercial properties for sale, New Industrial City is one of the top locations in Ajman offering freehold properties for both residential and commercial purposes.

Types of Properties in New Industrial City

Located close to Ajman Industrial and along the Al Ittihad Street, New Industrial City offers properties for residents as well as business investors. There are a variety of properties in New Industrial City which include industrial land, commercial plots, bulk units, and a few modern villas as well. If we talk about the spacious bulk units then such properties in New Industrial City are as large as 18,500 sq. ft. which consists of at least 32 rooms, 3 big shops and a 4,500 sq. ft. warehouse. Similarly, the industrial land for sale comes in sizes starting from 6,800 sq. ft. and reaching up to 36,695 sq. ft. while the commercial plots are based on an average area of about 21,000 sq. ft.

Sale Price Trend for Properties in New Industrial City

The New industrial City properties are nestled in a bustling area lined with all kinds of facilities. The sale price of properties in New Industrial City doesn’t follow a specific trend and values are allotted in accordance to the size and market competitiveness. Investors interested in buying industrial land facing the main road can avail them in prices ranging between AED 1,850,000 and AED 10,880,000 while commercial plots or lands can be bought at an average price of AED 710,000 that may increase to AED 4,500,000. Bulk Units of New Industrial City are freehold and available at an estimated price of AED 6,500,000.

Popular Areas of New Industrial City

There are several retail shops, shopping centres, fast food spots, restaurants and hotels surrounding New Industrial City. One steps out of the community for shopping and they’ll find Splash Centre, Hamdan Centre, Emirates Market, Emarat Market and Al Kaabi Herbs Trading located near the community. There is a Nesto Supermarket near Al Reem Gym while Pizza Inn, Mahatet Masr and Al Mahashi are popular options for eating out. Other than that, the community is surrounded by different businesses such as plastic factories, car service stations, exchange centres and auto spare shops.

Reasons for Investing in New Industrial City

The community is great for business and property investment mainly due to its central location. The New Industrial City has Ajman Industrial 1 and 2 as its immediate neighbours while Al Rashidiya 1 is located on the other side of the main road, which is filled with many locations that are perfect for a fun evening. If your shopping taste isn’t compatible with any of the shopping centres in and around New Industrial City then City Centre Ajman is only an 8-minutes drive away from the community. If you’re in the mood for something other than shopping, you can also explore the Ajman Equestrian Club which is in close proximity to City Centre Ajman.