Ajman lies north of Sharjah and is the smallest among the seven emirates that comprise the UAE. The city is much quieter and laid back compared to Sharjah, Dubai and Abu Dhabi, making it a peaceful town with soft undertones. Ajman is only 40 kilometres, or a 40-minute car ride, away from Dubai, while getting to Sharjah takes just 15 minutes by car. It is an important trade and commercial hub of a productive fishing industry, alongside the Arab Heavy Industries, ranked among the world's largest ship manufacturing firms. There could not be a better time for buying an apartment in Ajman. The emirate was the third after Dubai and Ras Al Khaimah to offer freehold properties to foreigners and interest in the emirate’s real estate sector has only grown since. Also, the massive free zone along the creek is the base for several key businesses operating in the emirate and several new organisations set up camps there every month.
Types of Apartments in Ajman - Several apartment complexes in Ajman are situated in designated freehold areas, meaning even foreigners from non-GCC countries can have complete ownership of properties. Apartments in Ajman range from comfortable studio and 1-bed units to more spacious 2-bed apartments, 3-bed flats and 4-bed flats. The apartments are built in accordance with high standards of quality and provide facilities like air-conditioning, quality fittings, utility connections and round-the-clock security.
Popular Areas in Ajman - The rise in business activity has created a high demand for housing, and whether you plan to buy an apartment in Ajman for your personal use or let it out for rental gains, the time to buy is now. With the demand holding strong, the prices are likely to go up, resulting in capital value increases for owners. Areas that are becoming increasingly popular with apartment buyers in Ajman include Al Sawan, Emirates City, Al Rashidiya, Ajman Pearl Towers, Al Rumaila, Al Jurf and Al Naemiyah.
Potential for Return on Investment in Ajman - Besides offering an extra bit of space and calm, apartments in Ajman also offer attractive ROI to owners who wish to let their units out to tenants. Investors or buyers can benefit from a rental return on investment of over 7% on average against letting out apartments in Ajman, and the ratio grows further in certain areas and different categories.
Lifestyle and Community in Ajman - Life in Ajman is incredibly peaceful as it is devoid of the traffic, crowd and congestion found in a bigger city like Dubai. The communications network of the city, including roads and routes, is highly efficient, so travelling to other parts of the UAE is no problem. Ajman has several malls like Safeer Mall, City Centre Ajman and Dana Mall beside other supermarkets and hypermarkets that provide well for shopping requirements of residents. The city also has good schools as well, which cater to the educational needs of children, while an array of state-of-the-art healthcare facilities offers top medical care to the residents of Ajman. For leisure, residents can head to the Corniche Beach, by far the most popular picnic and outing spot in the emirate. Al Helio Park is another popular outdoors area beside the beautiful Rashidiya Ladies Park. There are various food stalls, delis, cafes, kiosks, fast food chains and fine dining restaurants serving delicious food across the city, while fans of the big screen can head to the Vox cinemas in City Centre Ajman.