Land on the Ajman Corniche at 517 dirhams per square foot

Property Details

Location: Al Rumaila 1 – Ajman
Property Type: Residential Investment Land
Classification: Ground + 4 Floors
Area: 574.93 m²
Area in sq. ft. : Approximately 6,189 sq. ft.
Position: Second row from the Ajman Corniche
Asking Price: AED 3,200,000
Price per sq. ft. : Approximately AED 517/sq. ft.

Estimated Registration Fees

For Residents: 3% registration fee of the property value
AED 3,200,000 × 3% = AED 96,000
For UAE Nationals: 2% registration fee of the property value
AED 3,200,000 × 2% = AED 64,000

(In addition to title deed issuance fees and any applicable administrative charges)

Market Price Comparison

The price of this land is competitive compared to similar plots in the Al Rumaila 1 area. For investment land (Ground + 4 floors), the price per square foot typically ranges between AED 500 and AED 570, depending on the specific location, size, and proximity to the Corniche—with prices potentially higher for prime locations situated very close to the sea.

At AED 517 per sq. ft. , this plot falls within the market average. Its location—in the second row from the Ajman Corniche—serves as a significant advantage, offering higher investment value and an excellent opportunity for developers and investors. Property and Location Highlights

An excellent investment opportunity to acquire a residential plot in one of Ajman’s prime areas. Al Rumaila 1 is ideally situated near the Corniche and key essential services. The land is zoned for a ground-plus-four-story (G+4) development, offering the potential to construct a residential building that yields a strong return on investment.

Spanning 574.93 square meters (approximately 6,189 square feet), the plot is well-suited for a residential project in a highly sought-after location, with convenient access to restaurants, markets, shopping centers, and vital amenities. Its proximity to the sea further enhances the appeal of any future units and boosts the property’s overall investment value.

This opportunity is perfect for investors and developers seeking a strategically located plot that combines coastal proximity, development potential, and high future value.