Editing Emirate of Ajman (section)

===Recent developments===
[[File:Ajman beach-9.jpg|thumb|Beach at Ajman]]
A development boom followed the opening of Ajman's real estate market to global investors in 2004, with 'true' freehold on offer.<ref name=":4" /><ref>{{Cite web|title=Investors rush to buy freehold properties in Ajman|url=https://gulfnews.com/uae/investors-rush-to-buy-freehold-properties-in-ajman-1.330693|access-date=2021-08-31|website=gulfnews.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831172229/https://gulfnews.com/uae/investors-rush-to-buy-freehold-properties-in-ajman-1.330693|url-status=live}}</ref> By 2008 the growth of real estate speculation and investment had led to the establishment of a real estate regulator, the [[Ajman Real Estate Regulatory Agency]].<ref name=":21" /><ref>{{Cite web|title=Ajman Real Estate Regulatory Agency (ARRA), UAE - Company Information, Key People, Latest News and Contact Details - ZAWYA MENA Edition|url=https://www.zawya.com/mena/en/company/Ajman_Real_Estate_Regulatory_Agency-1008939/|access-date=2021-08-31|website=www.zawya.com|language=en|archive-date=15 August 2021|archive-url=https://web.archive.org/web/20210815144943/https://www.zawya.com/mena/en/company/Ajman_Real_Estate_Regulatory_Agency-1008939/|url-status=live}}</ref><ref>{{cite web| url = https://www.arabianbusiness.com/ajman-planning-real-estate-regulator-42390.html| title = arabianbusiness.com| access-date = 31 August 2021| archive-date = 31 August 2021| archive-url = https://web.archive.org/web/20210831172229/https://www.arabianbusiness.com/ajman-planning-real-estate-regulator-42390.html| url-status = live}}</ref> Arguably ineffective in the face of the fast-moving and evolutionary gold rush taking place, ARERA had not implemented widespread policies or regulations to curb the overheating market by the time the [[2008 financial crisis]] brought many developments to a crashing halt.<ref name=":22" /><ref name=":23" /><ref name=":20" /> As of 2014, a number of key stalled projects had restarted, marking a more cautious and measured return to the development of the emirate's real estate market, which has recently benefited from offering competitive rentals to nearby Sharjah and Dubai.<ref>{{Cite news|url = http://gulfbusiness.com/2014/07/ajman-emerges-relocation-hotspot-dubai-sharjah-residents/|title = Ajman emerges as a relocation hotspot|last = Nagraj|first = Aarti|date = 15 July 2014|work = Gulf Business|access-date = 30 December 2014|archive-date = 20 December 2014|archive-url = https://web.archive.org/web/20141220163726/http://gulfbusiness.com/2014/07/ajman-emerges-relocation-hotspot-dubai-sharjah-residents/|url-status = dead}}</ref><ref name=":22" />

The construction of [[Ajman International Airport]] began in the second half of 2008 after rescheduling the plan in 2003 in the Al Manama area of Ajman. Airport operations were scheduled to begin by 2011, and the airport was expected to host about 1 million passengers a year, rising to 10.4 million by 2046. The project stalled but has now been restarted and was projected to be completed by 2018<ref>{{Cite news|url = http://www.arabianbusiness.com/ajman-crown-prince-approves-571m-airport-plans-564682.html|title = Ajman Crown Prince approves $571m airport plans|last = Sambidge|first = Andy|date = 14 September 2014|work = Arabian Business|access-date = 30 December 2014|archive-date = 16 December 2014|archive-url = https://web.archive.org/web/20141216104932/http://www.arabianbusiness.com/ajman-crown-prince-approves-571m-airport-plans-564682.html|url-status = live}}</ref><ref>{{cite web| url = https://www.arabianbusiness.com/ajman-crown-prince-approves-571m-airport-plans-564682.html| title = arabianbusiness.com| access-date = 31 August 2021| archive-date = 5 June 2018| archive-url = https://web.archive.org/web/20180605205236/http://www.arabianbusiness.com/ajman-crown-prince-approves-571m-airport-plans-564682.html| url-status = live}}</ref><ref name=":24">{{Cite web|title=Parks, marina and airport all on the horizon for Ajman|url=https://www.thenationalnews.com/uae/parks-marina-and-airport-all-on-the-horizon-for-ajman-1.631453|access-date=2021-08-31|website=The National|date=15 February 2015|archive-date=22 June 2017|archive-url=https://web.archive.org/web/20170622113650/http://www.thenational.ae/uae/parks-marina-and-airport-all-on-the-horizon-for-ajman|url-status=live}}</ref> and will entail an investment of some $575m.<ref name=":5">{{Cite news|url = http://www.thenational.ae/uae/parks-marina-and-airport-all-on-the-horizon-for-ajman|title = Parks, marina and airport all on the horizon for Ajman|last = Oeiti|first = Rezan|date = 15 February 2015|work = The National|access-date = 16 February 2015|archive-date = 22 June 2017|archive-url = https://web.archive.org/web/20170622113650/http://www.thenational.ae/uae/parks-marina-and-airport-all-on-the-horizon-for-ajman|url-status = live}}</ref><ref>{{Cite web|title=Sharjah, Ajman turn 'attractive property hubs for buyers, tenants'|url=https://www.zawya.com/mena/en/business/story/Sharjah_Ajman_turn_attractive_property_hubs_for_buyers_tenants-SNG_200851656|access-date=2021-08-31|website=www.zawya.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831172716/https://www.zawya.com/mena/en/business/story/Sharjah_Ajman_turn_attractive_property_hubs_for_buyers_tenants-SNG_200851656/|url-status=live}}</ref> However, it was put on hold till early 2020.<ref>{{Cite web|title=Ajman Airport|url=http://www.dubaifaqs.com/ajman-airport.php|access-date=2021-08-31|website=www.dubaifaqs.com|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173516/http://www.dubaifaqs.com/ajman-airport.php|url-status=live}}</ref><ref>{{Cite web|title=More details of Ajman International Airport unveiled|url=https://gulfnews.com/business/aviation/more-details-of-ajman-international-airport-unveiled-1.103560|access-date=2021-08-31|website=gulfnews.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173514/https://gulfnews.com/business/aviation/more-details-of-ajman-international-airport-unveiled-1.103560|url-status=live}}</ref><ref>{{Cite web|title=Arabian Aerospace - Is there a real case for an international airport at Ajman?|url=https://www.arabianaerospace.aero/is-there-a-real-case-for-an-international-airport-at-ajman-.html|access-date=2021-08-31|website=www.arabianaerospace.aero|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173925/https://www.arabianaerospace.aero/is-there-a-real-case-for-an-international-airport-at-ajman-.html|url-status=live}}</ref><ref>{{Cite web|title=Ajman airport tender to be issued this year|url=https://gulfnews.com/uae/ajman-airport-tender-to-be-issued-this-year-1.358278|access-date=2021-08-31|website=gulfnews.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173924/https://gulfnews.com/uae/ajman-airport-tender-to-be-issued-this-year-1.358278|url-status=live}}</ref><ref>{{Cite web|title=Boeing books its first profit since the pandemic on the back of 737 MAX deliveries|url=https://gulfnews.com/business/aviation/boeing-books-its-first-profit-since-the-pandemic-on-the-back-of-737-max-deliveries-1.1627486465228|access-date=2021-08-31|website=gulfnews.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173923/https://gulfnews.com/business/aviation/boeing-books-its-first-profit-since-the-pandemic-on-the-back-of-737-max-deliveries-1.1627486465228|url-status=live}}</ref><ref>{{Cite web|title=Ajman International Airport Project - Details on ZAWYA MENA Edition|url=https://www.zawya.com/mena/en/project/311207094122/ajman-international-airport-project/|access-date=2021-08-31|website=www.zawya.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831173932/https://www.zawya.com/mena/en/project/311207094122/ajman-international-airport-project/|url-status=live}}</ref>

In 2007, the Ajman Marina project was launched by the Tanmiyat Group. The $3 billion was being constructed in two phases over the following five years. The project includes running tracks and facilities to attract international sporting events and provide a draw for tourism to the emirate.<ref name=":5" /><ref name=":24" /><ref>{{Cite web|title=No gain without pain: Why China's reform push must hurt investors?|url=https://gulfnews.com/business/analysis/no-gain-without-pain-why-chinas-reform-push-must-hurt-investors-1.1627465853202|access-date=2021-08-31|website=gulfnews.com|language=en|archive-date=31 August 2021|archive-url=https://web.archive.org/web/20210831174436/https://gulfnews.com/business/analysis/no-gain-without-pain-why-chinas-reform-push-must-hurt-investors-1.1627465853202|url-status=live}}</ref>