The Emirate of Ajman is situated on the coast of the Arabian Gulf, extending over a distance of 16 km, between the emirates of Umm Al-Quwain and Sharjah. The area of the emirate is 259 square kilometers, equivalent to 0.3% of the country’s total area, excluding the islands. The population was estimated to be 80,000 in 1992.

The town of Ajman, the capital of the emirate, lies on the coast of the Arabian Gulf. lt comprises the Ruler’s office, companies, banks and commercial markets. The port of Ajman is located along a natural creek (Khor) which penetrates the town.

The two major regions in the emirate are Masfout, an agricultural area, lying at a distance of 110 km long at the South east, and Manama located 60 to the east.

Amber Islands currently represents one of the greatest and most secure investment opportunities in the UAE. If you are interested to invest in this development then we invite you to contact us.

Investment considerations are:-

• Administration and Custody provided by Bank of Bermuda owned by HSBC
• The prime broker is Deutsche Bank
• The guarantee documents, mortgages, agreements have been created or reviewed by Ritter Attorneys at law, Zurich and International Legal Consultants in Dubai
• The concession agreement has been reviewed by the legal council of Ajman and has been signed by H.H. Sheikh Humaid bin Rashid Al Nuaimi, The Ruler of Ajman
• Preferred payment certificates are issued by the developer to have the required return
• The preferred payment certificates (PPCs) are backed by land provided by the Ruler and the whole development via a mortgage

• The mortgage will be enforced through the concession agreement from the Ruler
• Investors have the right of conversion into property at any time
• The conversion rights are enshrined in the prospectus
• Investors can choose which properties
• The conversion is at 111% of value of holdings in the fund or the guaranteed return and whichever is higher
• Buyers will have freeholds
• Property cannot be confiscated or nationalized by Ajman or by the Ruler
• The Ruler has waived sovereign immunity

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