Are you on the lookout for the most affordable studio apartments for sale in Ajman? Despite being the smallest emirate Ajman has an excellent freehold market with a variety of residential options for investors and buyers to take advantage of. If you are interested in smaller units with high rental returns the well-appointed studios for sale in Ajman are good options for prospective homebuyers. Here’s a quick guide on the top five buildings in the Ajman where you can find great studios for sale, all under an affordable price point of AED 200k.
POPULAR BUILDINGS WITH STUDIOS FOR SALE IN AJMAN UNDER AED 200K
The Q1 2020 property price trends in Ajman reveal that the market has been showing encouraging signs of stability, offering favourable condition for investors and home seekers. If you are on the lookout for the best places with studios for sale in Ajman, the following buildings are the most popular choices with potential buyers, according to the data gathered on Bayut.
Ajman Pearl Towers
Al Nuaimiya Towers
Bayut’s data reveals that Ajman Pearl Towers is the most sought-after building among investors and buyers looking for a studio apartment for sale in Ajman under AED 200k. This is followed by Horizon Tower, which is located minutes away from City Centre Ajman. Other buildings where buyers can take advantage of healthy prices when it comes to studios for sale in Ajman include Mandarin Towers, Al Nuaimiya Towers, and Falcon Tower.
AJMAN PEARL TOWERS
The most searched for building for studios for sale in Ajman under AED 200k is Ajman Pearl Towers – a residential complex with 12 different towers. It is located in Ajman Downtown, the city’s most popular neighbourhood, famous for its variety of entertainment options.
The studios for sale in Ajman Pearl Tower are spread over areas generally ranging between 300 sq.ft to 400 sq.ft. Residents of these apartments also have access to the building’s shared facilities such as swimming pools, sauna, steam room, barbeque area, community lawn and children’s play area.
Average prices to buy studio apartments in Ajman Pearl Tower is AED 147k, as per our latest listings.
Horizon Tower is another popular apartment complex with studios for sale in Ajman under AED 200k is. It comprises of a total of four buildings and has facilities such as CCTV cameras, fully equipped gymnasium, swimming pool, sauna, jacuzzi and multi-level parking spaces.
Studio for sale in Horizon Towers remain in demand for their affordable prices and strategic location off E11 Sheikh Zayed Road. In terms of sizes, they range from 450 sq. ft. to 760 sq. ft and feature floor-to-ceiling windows which offer stunning views. Prices for studio flats for sale in Ajman’s Horizon Tower average at AED 177k.
A renowned residential project that is a part of Garden City, Mandarin Towers has steadily gained the interest of buyers looking for affordable studios for sale in Ajman. Each residential tower consists of 12 floors out of which three floors are dedicated to parking.
This building is popular for its close proximity to Ajman University. The surrounding area has many supermarkets, pharmacies and affordable restaurants providing homeowners of the apartments in Mandarin Towers a comfortable lifestyle. The average price to buy studios in Ajman’s Mandarin Towers is AED 139k.
AL NUAIMIYA TOWERS
Al Nuaimiya Towers ranked as the fourth most popular area to buy studios under AED 200k in Ajman. This too is an apartment complex with a total of 15 residential buildings. It is located in the Al Nuaimiya district which is ideal for buyers who want to own property in the city centre.
You can find a range of studios for sale in Al Nuaimiya Towers that cover an area of 530 sq. ft. to 687 sq. ft. In terms of features, notable perks include a balcony, spacious kitchen and bathroom. The average prices to buy a studio here is AED 189k, however, these properties go off the market as soon as they’re listed, so the inventory for such units is predictably on the lower side.
Our final mention when it comes to popular areas for a studio apartment for sale in Ajman is Falcon Tower – a mixed-use complex with a total of eight buildings. Seven of these buildings consist of residential units and the remaining has commercial properties. The building remains in demand for its proximity to the shopping destination of City Center Ajman.
Studio apartments in Falcon Tower are spacious, with the unit sizes varying between 600 sq.ft to 700 sq.ft. They also feature an open plan kitchen, a large bathroom and a balcony with views of the pool. As per current listings, you can expect to pay an average of AED 170k if you wish to buy a studio apartment in Ajman’s Falcon Tower.
There we have it! The five most popular areas for buy studio flats in Ajman under AED 200k. As you can see, there are some healthy options when it comes to affordable studio flats for sales in Ajman. If this is your first time purchasing a property in Ajman, check out our beginners guide to buying property in Ajman.