A major property deal – over a billion dirhams - has been struck in Ajman, according to a statement posted on the Plus Stock Exchange in London by one of the parties involved.
Dubai-based Bonyan International Investment Group has sold 67 out of 109 plots in its Dh3.5-billion Eye of Ajman project to Prime Investments International Group Limited.
The information was disclosed by Prime, a Cayman Island-incorporated company, in statements posted on the Plus Stock Exchange in London.
The purchase price of $396 million (Dh1.4bn) for the 67 plots has been settled in full by allotment of shares in Prime, it said.
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