Properties for sale in Al Bustan

Located a few kilometres away from the coastline near the Corniche, Al Bustan is one of the oldest districts in the city that had held on to its retro persona for years. The real estates in Ajman have been undergoing restructuring and modernisation as most cities across the United Arab Emirates (UAE). What once resembled concrete shacks have now gotten a modern makeover. The roads that were once narrow and flanked with 1-floor, flat-roofed houses are now reconstructed with the inclusion of modern-looking yet elegantly traditional properties for sale.

Types of Properties in Al Bustan

Those who want to buy a property for investment that is surrounded by luxury amenities, they can consider doing so in Al Bustan. The urban properties are strategically designed, with low-rise buildings such as villas for sale in Al Bustan. The western region of the community is mostly designated for administrative buildings. One will find mid-rises scattered around the northern and southern region as well as a countable number of high-rise buildings. One of the real estates in Al Bustan with residential apartments is Orient Towers, which currently has a listing of 12 properties. The complex is made up of 4 towers, one of the pairs has 15 floors while the other has 25 floors. The ground floor of the complex comprises a shopping mall whereas there are 3 basement levels reserved for car parking. The apartments in Orient Towers have floor areas ranging between 465 sq. ft. and 1,367 sq. ft. Apart from the studio layout, these residential units have room configurations of 1 and 2 bedrooms. The residential buildings for sale in Al Bustan are usually low-rise and have plot areas close to 9,150 sq. ft.

Sale Price Trends of Properties in Al Bustan

A (G+1) 2-floor building, with a plot area of 4,000 sq. ft., consisting of 6 flats near a police station is worth AED 1,700,000. Another 2-floor mixed-use building that covers a plot area of 9,150 sq. ft. and contains 12 flats can be purchased for AED 5,500,000. If you want to buy in a relatively new residential building, then you can consider the one with 2 floors which is right behind Orient Tower. Consisting of eight studio flats and five 1-bed flats, these units are worth AED 2,800,000 and can fetch you an estimated yearly rental of AED 260,000 per unit. The price of Al Bustan commercial buildings for rent, with built-up space ranging between 2,000 sq. ft. to 6,400 sq. ft., starts from AED 1,350,000 and goes up to AED 13,000,000. The cost of apartments in Al Bustan fluctuates between AED 280,000 and AED 793,000, with the average cost being AED 500,000. Compared to the 1-bed apartments in Al Bustan, which cost AED 500,000, similar properties in UAE have a much higher buying cost that is over AED 1,400,000.

Popular Areas of Al Bustan

Located between Saif Al Harmani Street and the 82nd Street, Ajman Museum is the emirate’s first one-of-a-kind museum that illustrates the Emirati life as it was once upon a time. Until 1970, this 18th-century fortress functioned as the ruler’s palace and later as the Ajman police station. During the renovation of this traditional structure, it made sure to preserve the two watchtowers and two wind towers. Ajman Museum exhibits a compelling glimpse of the city’s history, from representations of ingenious irrigation systems and wooden dhows to centuries-old weaponry and manuscripts. Featuring centuries-old funeral jewellery and pottery, the discovery of excavated cemetery from Al Muwaihat area is one the most remarkable displays in Ajman Museum. One can also learn interesting facts about the pearl trade that once reigned the city of Ajman.

Reasons for Investing in Al Bustan

Al Bustan is an area that is packed as well as surrounded by distinctive amenities that are not found anywhere else. Located on Sheikh Rashid Bin Saeed Al Maktoum St. within Al Bustan, the noteworthy complex of Ajman’s Ruler’s Court is around 6 minutes away. For a quality time, families can spend their evenings at the marvellous Ajman Beach Corniche that is a 12-minute drive away. The most affluent area, around the northern tip of the Corniche, has an establishment of high-end projects such as the 5-star Kempinski Ajman Hotel which features a number of chic amenities. These include 3 international restaurants, 5 top-notch bars, a buffet-style eatery and a shisha lounge. Other facilities in this elite hotel include SoftTouch Spa and Milad Salon.