Ajman: The UAE’s Most Underrated Real Estate Growth Story

While Dubai and Abu Dhabi dominate headlines, Ajman is quietly delivering some of the UAE’s strongest property yields and year-on-year price growth.

Compact in size but rich in opportunity, the emirate is entering a transformative phase driven by infrastructure, tourism, and large-scale developments like Al Zorah City.

In the first half of 2024 alone, Ajman’s real estate transactions surpassed AED 9 billion, marking a 33% increase year-on-year. The upward trend continued into 2025, supported by expanding freehold access and increasing demand from both residents and investors seeking affordability with upside.

Why Ajman Is Becoming a Yield Leader

For investors, Ajman’s biggest draw is its rental income performance.

Apartments in central communities such as Ajman Downtown, Garden City, and Al Nuaimiya routinely generate gross yields of 7–9%, outpacing many Dubai districts. Villas and waterfront units in Al Zorah average 5–7%, with rapid capital appreciation layered on top.

Add to that low service charges, accessible entry prices, and improving amenities, and Ajman’s risk-return balance starts to look highly attractive — especially for long-term investors eyeing compounding growth.

The Al Zorah Effect: Ajman’s Luxury Frontier

If there’s one project redefining Ajman’s brand, it’s Al Zorah City.

A 5.4 million sqm beachfront community backed by Solidere International and the Government of Ajman, Al Zorah combines golf, mangroves, marinas, and ultra-luxury villas — a lifestyle offering that competes directly with Dubai’s coastal developments, but at a fraction of the price.

Between 2023 and 2025:

  • Average transaction values in Al Zorah rose over 38%

  • Price per square meter increased by 25%

  • Demand for waterfront plots and branded residences continues to surge

This is Ajman’s version of what Palm Jumeirah was for Dubai 15 years ago — an anchor development that repositions the entire market.

Mid-Market Appeal: Consistent Growth and Accessibility

Beyond Al Zorah, Ajman’s central communities continue to deliver steady growth.

Freehold apartments starting from AED 400,000–600,000 are seeing renewed investor activity thanks to improved transport links to Sharjah and Dubai via Sheikh Mohammed Bin Zayed Road.

Government-backed projects like Ajman One and the planned Smart City initiatives are further increasing infrastructure value, while rental demand from commuters ensures near-full occupancy across the mid-tier market.

Investor Takeaway

Factor

Dubai

Ajman

Average PSF (Mid-Tier 2025)

AED 1,500–2,000

AED 700–900

YoY Transaction Growth

+12%

+33%

Typical Yield

5–6%

7–9%

Freehold Access

Broad

Expanding Rapidly

Ajman represents the perfect convergence of affordability, yield, and early-cycle growth — a combination that’s rare in today’s UAE property landscape.

Homesae Insight

Investors who entered Dubai early saw their equity multiply as the city matured.

Ajman is now showing similar signals — limited supply, government infrastructure investment, and the arrival of premium waterfront masterplans.

Homesae helps investors secure early positions in:

  • Al Zorah branded residences & villas

  • Waterfront and golf-facing plots

  • Mid-market freehold apartments with 7–9% yield potential