Foreclosed and Distressed Investment Properties in Ajman, UAE
Ajman is the smallest of the seven emirates of the United Arab Emirates (UAE), and located on the northeastern UAE, along the Arabian Gulf.
From an investment or purchasing for personal use, Ajman is well placed between Sharjah and Umm Al Quwain, only about 25-30 minutes from Dubai, and is known as a fast-growing emirate.
Ajman city is a major urban center in the region, catering to commuters who work in Dubai, but want affordability with Gulf lifestyle quality.
The property growth in Ajman makes it a suitable option to invest for rental returns, capital appreciation or somewhere to get a foothold into the UAE real estate market.
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
How to buy, sell or rent properties in United Arab Emirates: