- Top Areas to Buy Apartments in Ajman
- Top Areas to Buy Villas in Ajman
- Popular Areas to Rent Apartments in Ajman
- Popular Areas to Rent Villas in Ajman
In 2024, Ajman’s real estate market has seen a steady rise, driven by new residential and commercial projects. These developments have garnered attention from investors and buyers, equally. The overall real estate transactions in the city have grown by 33% compared to 2023, reaching AED 9 billion in the first half of 2024, projecting positive growth ahead. The growth has been fueled by Ajman’s investor-friendly regulations, modern infrastructure and availability of amenities. Additionally, H.H. Sheikh Rashid bin Humaid Al-Nuaimi emphasised the development of an updated infrastructure plan in response to the recent heavy rainfall. This plan, aligned with Ajman Vision 2030, has aimed to improve emergency preparedness and support property development across the emirate.
Ajman’s real estate market has experienced significant rise in 2024 due to a combination of factors. The emirate offers affordable housing options without compromising quality. Investor-friendly policies, including long-term visas and streamlined property registration, have boosted investor confidence, further driving property acquisitions. Additionally, Ajman has benefited from the UAE’s robust economic progress, which is projected at 4% GDP growth in 2024. Thriving sectors like tourism, construction and financial services have all positively impacted the local real estate market.
Committed to its vision, dubizzle has offered multiple services like verified property listings, aiding the user journey and building trust between property buyers and sellers. Combining the latest market insights, we bring to you Ajman annual property market report for 2024. The Ajman property market report for 2024 has highlighted the important trends, giving a clear picture of Ajman’s real estate market and the opportunities available to investors and buyers.
Following are the main highlights of the Ajman property market from 2024.
- In 2024, the average sales prices of apartments in Ajman have ranged from AED 315k to 610k.
- Meanwhile, Emirates City has experienced the most significant jump of 38.77% in apartment prices. This increase is driven by initiatives like Ajman Vision 2030 and extensive infrastructure improvements such as new roads and energy distribution stations.
- Al Rashidiya has remained a favourite among people searching for apartments. It has experienced a 25.51% jump, reaching an average sales price of AED 610k in 2024.
- The villa prices in Ajman have ranged from AED 1.32M to AED 1.86M in 2024.
- In 2024, Al Helio has seen the highest increase in villa prices, rising by 36.79%. The property market in this area has surged due to the availability of freehold properties and modern amenities.
- Those looking to rent villas in Ajman in Al Yasmeen have paid an average of AED 113k. Al Yasmeen remained the most popular area to rent villas in Ajman.
The 2024 Ajman property market report has presented a comprehensive overview of the key areas for buying and renting properties in the emirate. It has provided an analysis of the current market trends, comparing the average sales prices and rental rates to those of the previous year, 2023. However, it’s important to remember that market conditions can vary due to different factors and these figures may change over time.
Popular Areas to Buy Properties in Ajman
Ajman, a fast-growing emirate in the UAE, offers a variety of real estate options for investors and residents. Popular areas in Ajman feature a mix of spacious villas and modern apartments, catering to different lifestyles and preferences. Whether you’re looking for a luxurious villa with beachfront views or a convenient apartment in a vibrant community, the city provides an appealing balance of affordability, comfort and accessibility.
Top Areas to Buy Apartments in Ajman
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | Studio | 1-Bedroom | 2-Bedroom |
|---|---|---|---|---|---|
| Al Rashidiya | ROI 8.16% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| Studio
| 1-Bedroom
| 2-Bedroom
|
| Emirates City | ROI 9.00% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| Studio
| 1-Bedroom
| 2-Bedroom
|
| Ajman Downtown | ROI 10.60% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| Studio
| 1-Bedroom
| 2-Bedroom
|
| Al Nuaimiya | ROI 7.79% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| Studio
| 1-Bedroom
| 2-Bedroom
|
| Al Yasmeen | ROI 6.74% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| Studio
| 1-Bedroom
| 2-Bedroom
|
The average price of apartments for sale in Ajman has surged by 21.75% in 2024. Let’s take a closer look at the areas that have emerged as the most preferred ones for buying apartments in Ajman during 2024.
Al Rashidiya
Al Rashidiya is a well-developed area in Ajman, known for its high-end apartments and proximity to key landmarks like Ajman Fish Market and Safeer Mall. The community is also home to Ajman Stadium, hosting events like football championships.
The price of apartments for sale in Al Rashidiya has averaged AED 610k with an ROI of 8.16%, after an increase of 25.51% from 2023.
- The price per square foot in Al Rashidiya has increased from AED 342 in 2023 to AED 428 in 2024.
- The sales price for the studio, 1 and 2-bedroom apartments in Al Rashidiya have averaged AED 237k, AED 523k and AED 707k, respectively.
Emirates City
Developed by R Holding, a leading real estate group in the UAE, Emirates City Ajman is a residential and commercial project. Located in Al Amerah, in eastern Ajman, the community covers 5 million sq.ft., offering a number of apartments for sale and rent.
The average price of apartments for sale in Emirates City has hovered at AED 315k in 2024, with an impressive ROI of 9%.
- The average price per square foot for apartments has been AED 284 in 2024.
- The sales price for studio, 1 and 2-bedroom apartments in Emirates City has averaged AED 279k, AED 220k and AED 399k, respectively.
Ajman Downtown
Ajman Downtown is a central hub that provides various residential and commercial property options. The area offers proximity to Ajman City Centre, a major shopping destination with retail stores, dining options and entertainment. Healthcare facilities include Amina Hospital and Ajman Specialty Hospital.
Ajman Downtown has experienced an overall price hike of AED 327k in 2024 with an ROI of 10.6%.
- The average price per square foot for apartments in Ajman Downtown has been AED 246.
- The price for studio apartments has also increased to AED 187k in 2024 from AED 151k in 2023.
- The average sales price of 1-bedroom and 2-bedroom apartments in Ajman Downtown has averaged AED 248k and AED 367k, respectively.
A vibrant residential hub, Al Nuaimiya has ranked fourth among popular areas to buy apartments in Ajman. The average sales price of an apartment in Al Nuaimiya has been AED 397k, offering an ROI of 7.79%.
As per dubizzle search trends, Al Yasmeen has also earned a place in the list of popular areas among apartment buyers in Ajman. The price of an apartment for sale in Al Yasmeen has averaged AED 517k, generating an annual ROI of 6.74%.
Top Areas to Buy Villas in Ajman
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023 | 3-bedroom | 4-bedroom | 5-bedroom |
|---|---|---|---|---|---|
| Al Yasmeen | ROI 6.44% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-bedroom
| 4-bedroom
| 5-bedroom
|
| Al Zahya | ROI 6.71% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-bedroom
| 4-bedroom
| 5-bedroom
|
| Al Rawda | ROI 5.39% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-bedroom
| 4-bedroom
| 5-bedroom
|
| Al Helio | ROI 5.75% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-bedroom
| 4-bedroom
| 5-bedroom
|
| Al Mowaihat | ROI 5.27% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2023
| 3-bedroom
| 4-bedroom
| 5-bedroom
|
The average prices of villas in Ajman have seen an increase of 17.69% from 2023 to 2024. Let’s take a closer look at the most popular areas for buying villas in Ajman.
Al Yasmeen
Al Yasmeen has remained among the top areas to buy villas in Ajman. It is located at a 20-minute drive from the Sharjah-Ajman border, making it convenient for people to travel between the Emirates.
The villas for sale in Al Yasmeen had an average price of AED 1.49M with an ROI of 6.44% in 2024.
- The price per square foot has jumped 12.55% in 2024, reaching AED 467 compared to AED 415 in 2023.
- The sales price of 3, 4 and 5-bed villas in Al Yasmeen have averaged AED 1.29M, AED 1.43M and AED 1.48M, respectively.
Al Zahya
Al Zahya has remained a popular option for buying villas in Ajman in 2024. Located on the outskirts of Ajman, residents can enjoy a tranquil lifestyle away from the city’s noise and busy atmosphere. Furthermore, the area offers convenient access to key roads including Emirates Road and E611. The average price for buying villas in Al Zahya has been AED 1.32M after a surge of 14.78%. Whereas, villas in Al Zahya have offered an ROI of 6.71%.
- With an increase of 12.65%, the average price per square foot in Al Zahya has reached AED 431.
- The average price of 3, 4 and 5-bedroom villas for sale in Al Zahya has increased by 12%, 16.56% and 12.65%, averaging at AED 1.16M, AED 1.22M and AED 1.42M, respectively.
Al Rawda
Al Rawda is a highly sought-after area in Ajman, known for its freehold villas and family-friendly environment. Villas in Al Rawda have averaged a sales price of AED 1.88M, boasting an ROI of 5.39%.
- The average price per square foot of villas in Al Rawda has increased by 15.18%, reaching AED 397.
- The sales price for 3, 4 and 5-bed villas has averaged AED 1.39M, AED 1.45M and AED 1.93M, respectively.
People in search of villas have also preferred Al Helio, with an average sales price of AED 1.62M and an ROI of 5.75%.
Al Mowaihat, a fast-growing community in southern Ajman known for its modern villas and family-friendly facilities have also garnered significant attention from the buyers. The average sales price of villas in Al Mowaihat has increased by 11.70%, reaching AED 1.86M with an ROI of 5.27%.
Popular Areas to Rent Properties in Ajman
Ajman is a popular place to rent properties in the UAE, offering affordable options for all. From modern apartments to spacious villas, there are many choices available. Whether you want to live near the beach, in a busy area, or somewhere quieter, Ajman has something to suit your needs. Here are the top areas to consider when renting a property in Ajman.
Top Areas to Rent Apartments in Ajman
POPULAR AREAS | Studio Avg. Yearly RentChange from 2023 | 1-Bed Avg. Yearly RentChange from 2023 | 2-Bed Avg. Yearly RentChange from 2023 |
|---|---|---|---|
| Al Nuaimiya | Studio Avg. Yearly RentChange from 2023
| 1-Bed Avg. Yearly RentChange from 2023
| 2-Bed Avg. Yearly RentChange from 2023
|
| Al Rashidiya | Studio Avg. Yearly RentChange from 2023
| 1-Bed Avg. Yearly RentChange from 2023
| 2-Bed Avg. Yearly RentChange from 2023
|
| Al Jurf | Studio Avg. Yearly RentChange from 2023
| 1-Bed Avg. Yearly RentChange from 2023
| 2-Bed Avg. Yearly RentChange from 2023
|
| Al Rawda | Studio Avg. Yearly RentChange from 2023
| 1-Bed Avg. Yearly RentChange from 2023
| 2-Bed Avg. Yearly RentChange from 2023
|
| Emirates City | Studio Avg. Yearly RentChange from 2023
| 1-Bed Avg. Yearly RentChange from 2023
| 2-Bed Avg. Yearly RentChange from 2023
|
The average rent for apartments in Ajman has seen a significant hike of 42.85% in 2024. Location, urban environment and evolving rental trends have helped some areas dominate the market.
As per dubizzle search trends, these are the most popular areas for renting apartments in the city.
Al Nuaimiya
Al Nuaimiya has secured the top position among popular areas to rent apartments in Ajman. The annual rent for apartments has surged by 29.63%, averaging AED 35k in 2024. The significant increase in rental prices in Al Nuaimiya can be attributed to its strategic location, offering easy access to key areas in Ajman and neighbouring emirates.
- The rent for studio apartments has remained unchanged, standing at AED 23k in 2024.
- The annual rent for 1-bed and 2-bed apartments has increased by 32% and 34.48%, averaging 33k and 39k, respectively.
Al Rashidiya
With its increasing popularity, Al Rashidiya has successfully secured the second spot on the list. This growth has been driven by new developments and the increased availability of fully furnished apartments with a wide range of amenities. The area’s boost in popularity is marked by the significant 53.57% increase in annual rent per annum, averaging AED 43k in 2024, up from AED 28k in 2023. New developments like Ajman One Phase 2 and Oasis Tower 3 near the community also contribute to this rent hike. The apartments for rent in Al Rashidiya offer a modern living experience with a variety of top-notch amenities to improve the overall lifestyle or all those residing nearby.
- In 2024, the average yearly rent for studio apartments in Al Rashidiya has been AED 29k.
- The 1-bed and 2-bed apartments in the neighbourhood have also shown positive growth, with average rent recorded at AED 34k and AED 51k, respectively.
Al Jurf
Al Jurf is a residential area in Ajman known for its quiet environment and proximity to major highways. The area is also close to schools, shopping malls and healthcare facilities, making it convenient for daily living. All these factors have caused a 41.67% increase in the average asking rent for apartments in Al Jurf, which has jumped from AED 24k in 2023 to AED 34k in 2024. The construction of Al Jurf Gardens and the enhancement of rainwater drainage systems also contribute to the increase in rent in the area.
- The rent of studio and 1-bed apartments in Al Jurf has recorded a rise of 25% and 42.86%, respectively.
- Moreover, the rent of 2-bed apartments in Al Jurf has averaged AED 39k in 2024.
Al Rawda continues to be a popular choice for rental apartments in Ajman, securing the fourth position on the list of most popular areas to rent properties in the emirate. The average annual rent for apartments in Al Rawda has been AED 38k, reflecting a 40.74% increase that has been attributed to Al Rawda 3’s strong rise of over 73% in 2024. This growth is driven by interal road construction projects and the expansion of paved roads.
Emirates City has also gained attention in 2024 as a preferred area for apartment rentals. The average annual rent has reached AED 30k for apartments in Emirates City.
Top Areas to Rent Villas in Ajman
POPULAR AREAS | 3-Bed Avg. Yearly RentChange from 2023 | 4-Bed Avg. Yearly RentChange from 2023 | 5-Bed Avg. Yearly RentChange from 2023 |
|---|---|---|---|
| Al Yasmeen | 3-Bed Avg. Yearly RentChange from 2023
| 4-Bed Avg. Yearly RentChange from 2023
| 5-Bed Avg. Yearly RentChange from 2023
|
| Al Zahya | 3-Bed Avg. Yearly RentChange from 2023
| 4-Bed Avg. Yearly RentChange from 2023
| 5-Bed Avg. Yearly RentChange from 2023
|
| Al Rawda | 3-Bed Avg. Yearly RentChange from 2023
| 4-Bed Avg. Yearly RentChange from 2023
| 5-Bed Avg. Yearly RentChange from 2023
|
| Al Mowaihat | 3-Bed Avg. Yearly RentChange from 2023
| 4-Bed Avg. Yearly RentChange from 2023
| 5-Bed Avg. Yearly RentChange from 2023
|
| Al Helio | 3-Bed Avg. Yearly RentChange from 2023
| 4-Bed Avg. Yearly RentChange from 2023
| 5-Bed Avg. Yearly RentChange from 2023
|
The demand to rent villas in Ajman has increased in 2024. Affordable rates, the availability of well-designed properties and a wide range of family-friendly options have fueled this growth. Furthermore, the average rent of villas in Ajman has seen a 10.99% increase in 2024. Below is an overview of the most popular areas for villa rentals in Ajman, highlighting key rental trends and essential insights.
Al Yasmeen
Al Yasmeen stands out as a prime location to rent villas in Ajman. It has surpassed other locations in demand, leading the list of areas to rent villas. In 2024, the villas for rent in Al Yasmeen averaged AED 113k, up from AED 93k in 2023.
- Following a 16% increase, the average asking rent for a 3-bedroom villa in Al Yasmeen has reached AED 87k per year.
- The average annual rent for a 4-bedroom villa in Al Yasmeen has been AED 100k, while for 5-bedroom villas it has averaged AED 114k.
Al Zahya
As per dubizzle’s search trends, Al Zahya has been the third most popular area among those seeking to rent villas in Ajman. Due to its diverse property options, the average rent of villas in Al Zahya has appreciated by 2.13% in 2024, reaching AED 96k.
- The annual rent for 3-bedroom villas in Al Zahya averaged AED 80k, reflecting a modest 1.27% increase compared to 2023.
- Likewise, the rent of 4-bed and 5-bed villas has averaged AED 82k and AED 101k, respectively.
Al Rawda
Al Rawda has been another popular choice offering spacious villas at competitive rates. The average rent for villas in Al Rawda has been recorded at AED 108k in 2024.
- The annual asking rent of 3-bed villas in Al Rawda has been AED 67k, making a 15.52% climb from 2023.
- An increase has also been recorded in the asking rent for 4-bed and 5-bed villas, averaging AED 86k and AED 109k, respectively.
Moreover, Al Mowaihat has also remained a popular choice to rent villas in Ajman. The average rent for villas has risen by 18.09%, increasing from AED 94k in 2023 to AED 111k in 2024.
Following closely, Al Helio has also secured a spot among the top areas to rent villas in Ajman. The annual asking rent for villas in the area has averaged AED 97k, reflecting a drop of 2.02% in 2024.
This concludes the 2024 review of Ajman’s real estate market by dubizzle. Our analysis highlights impressive growth in property values and rental trends across the region. Ajman’s affordable property prices, strong rental demand and excellent infrastructure have made living more accessible and convenient for the residents. At the same time, investors have tapped into a lucrative market with high returns and substantial future potential.
As a leading platform in the UAE’s real estate sector, dubizzle offers a diverse range of properties for sale in Ajman. It caters to buyers looking to capitalise on the emirate’s growing market.
To stay updated on property market trends across the Emirates, keep visiting UAE’s top property blog for more insightful information.
Disclaimer: The prices listed above are based on user trends on dubizzle and do not reflect actual property transactions regulated within the emirate. The report’s data is based on search trends on dubizzle, which offers useful trends, though it may not always accurately reflect the latest shifts in the market.
