Back in 2004, Ajman decided to become the third emirate in the UAE after Dubai and Ras Al Khaimah to offer freehold properties to expats and international investors. The decision garnered huge appreciation and interest amongst non-Emirati investors and buyers. Set between Sharjah and Umm al Quwain, the city has opened up new avenues for those looking to be a part of the UAE real estate sector with a considerable investment amount. Amongst seven emirates, Ajman is the smallest one but currently, being emerged as a premier real estate destination in terms of unrivalled investment opportunities with promising returns and huge growth potential.
Seeing the mounting interest of people in Ajman properties for sale, the real estate sector has been growing exponentially to cater to their needs. Most of the expats work in Dubai but live in Ajman because rents in other emirates are usually unaffordable for middle-class expats. Picking properties for sale in Ajman is a viable investment option, especially for those who cannot afford purchasing properties in Dubai and Sharjah. Not just properties are reasonably priced but the living cost is also lower as compared to other emirates. Moreover, the location is also convenient for everyone who lives in Ajman but works in nearby emirates.
Moreover, Ajman properties are affordable for most expatriates and international investors as compared to luxury rental properties in Dubai, Sharjah, and Abu Dhabi. If you qualify to buy a property here, you can apply for a mortgage – giving an opportunity to expats to buy properties in Ajman.
Types of properties for sale in Ajman
Ajman is home to pristine beaches, beachside restaurants, cafes and shopping malls along with decent healthcare options and this perfect blend of lifestyle facilities makes Ajman an ideal location to buy property. A number of properties are available for sale in Ajman including apartments, villas, and townhouses. The apartments for sale in Ajman can be categorized into the studio, one, two, and three bedrooms. And villas usually consist of three and four bedrooms and can meet the space requirements of a bigger family.
Entrepreneurs also move to Ajman because this city offers a number of viable and appealing commercial property investment options. Based on your business requirement, you can pick from retail outlets, boutiques, office units, and warehouses, and commercial spaces for schools, restaurants, and cafes.
Popular areas to buy a property in Ajman
The most popular areas to buy properties in Ajman are Corniche Ajman, Ajman Downtown, and Al Nuaimiya. Ajman Downtown is the top choice and the best pick for people working in the Ajman Free zone area, Al Nuaimiya, located closer to Sharjah and is popular due to affordable apartments and convenient commute to Sharjah and Dubai. Al Nuaimiya is home to Safeer Mall and is known as a thriving commercial district. Another popular pick, especially for people working in Ajman Free Zone in Al Rashidiya and some other options to buy affordable apartments are Al Bustan, Al Zahiya, and Garden city.
How to find a suitable property for sale in Ajman?
Ajman is a growing real estate market with promising returns and growth, so choosing Ajman as your next home is a wise decision. You can choose an apartment or villa in Ajman – based on your space requirement and budget. After finalizing a few factors, you can start finding properties for sale in Ajmanon Zoom Property. We have a large number of options to pick from and once you have finalized some suitable options, you can connect to the listing agents, shortlist the properties, inspect them and finalize the one that meets your requirement.
Once everything is sorted, you can ask the listing agent to prepare the sale documents and you can contact the lawyer to double-check the legal requirements. After that, all you need is to sign on the dotted line.