Popular buildings with apartments for sale in Ajman Downtown
The emirate of Ajman is popular among real estate investors for its reasonably priced properties that offer healthy returns. Real estate in UAE’s smallest emirate has developed considerably over time offering investors a large portfolio of properties. Among the many areas, Ajman Downtown is particularly preferred by investors and renters alike. If you’re interested in investing, we’ve put together the top buildings to buy apartments in Ajman Downtown for you.
Find out the investment potential, average prices, amenities and other essential information about Ajman Downtown, which is particularly known for its central location, family-friendly environment and quality builds.
WHY BUY APARTMENTS IN AJMAN DOWNTOWN?
Ajman Downtown covers part of the areas that border Ajman Creek, mainly the sub-communities of Al Rashidiya 1, 2 and Al Bustan. These areas have easy access to the Ajman Free Zone and many properties here have sweeping views of the creek.
Ajman Downtown is a buzzing location that offers plenty of benefits for investors. If you’re looking to buy property in Ajman, here are a few reasons why it is a good idea to buy apartments in Ajman Downtown.
- Connectivity: Connectivity is a major advantage of living in Ajman Downtown. The flats in Ajman Downtown offer quick access to Al Ittihad Road (E11) that connects to other major emirates like Dubai and Sharjah. The convenient commute between Ajman and other emirates much easier, gives properties in the area a high investment potential.
- Affordable Prices: The prices to buy apartments in Ajman Downtown are reasonable. According to the Bayut and dubizzle Ajman annual market report for 2021, the area is one of the most in-demand to buy apartments in Ajman.
- Abundant Amenities: Those looking to buy a flat in Ajman Downtown can benefit from the wealth of family-friendly amenities in the area. The apartments for sale in Ajman Downtown have multiple supermarkets, pharmacies, restaurants and cafes nearby. Families looking to buy their dream home in Ajman Downtown will find several schools in the neighbourhood to choose from. Ajman Downtown’s flats for sale are well-connected by public transport, with plenty of bus stations dotting the area.
- Leisure Options: There are also plenty of attractions and leisure activities near the flats in Ajman Downtown for residents to enjoy. The Rashidiya Park in Ajman Downtown, regarded amongst the best parks in Ajman, provides green spaces for families. Other attractions include Marsa Ajman, an outdoor lifestyle and retail destination along the marina.
- High ROI: According to the Bayut and dubizzle Ajman annual market report for 2021, the Ajman Downtown flats for sale offer investors an excellent ROI of 9.19%. The family-friendly nature of the area is an added incentive.
As you can see, there are plenty of reasons why a flat for sale in Ajman Downtown may be beneficial for buyers. Let’s look at the most sought-after buildings to buy apartments in Ajman Downtown, as searched by Bayut users.
POPULAR BUILDINGS TO BUY APARTMENTS IN AJMAN DOWNTOWN
Bayut users turn to Horizon Tower as their first choice for flats for sale in Ajman Downtown. Al Khor Towers comes in as the second building for buyers keen on investments in the area, followed by Ajman Pearl Towers.
HORIZON TOWER
The most popular building to buy flats in Ajman Downtown on our list is Horizon Tower. This residential complex is close to Al Khor Towers and features four buildings connected by a shared podium. It is within proximity to Safeer Mall Ajman and Nesto Hypermarket, both of which offer residents access to various retail options.
A swimming pool and gymnasium are some of the perks of the apartment complex. Other perks include a pharmacy, supermarket, exchange centres and fashion outlets near the building.
Investors can find a range of apartments for sale in Horizon Tower, from studios to 3-bedroom units. Ajman property trends show the
- Average price for studio apartments for sale in Horizon Tower is around AED 149k.
- The 1-bed units for sale in Horizon Tower average around AED 216k.
- Buyers can opt to purchase 2BHK apartments in Horizon Tower for an average price of AED 311k.
AL KHOR TOWERS
Al Khor Towers boasts many benefits with several restaurants and supermarkets nearby, with a location close to Al Ittihad Road. The nine-building complex has an NMC Medical Centre branch nearby.
The apartments here are significantly spacious, which may appeal to potential homeowners. Those looking for waterfront accommodations at affordable prices will be happy to know that these flats have enviable views of Ajman Creek. They have large balconies and feature modern interiors. As for facilities, the flats for sale in Al Khor Towers have a shared gymnasium and pool, along with a play area for kids.
The 2-bed units for sale in Al Khor Towers are priced around AED 275k on average. On the other hand, the average price of 3-bed apartments in Al Khor Towers is around AED 370k.
AJMAN PEARL TOWERS
Ajman Pearl Towers ranks third for popular buildings to buy apartments in Ajman Downtown. The complex is closest to Al Ittihad Road, offering residents good connectivity. Those living in Ajman Pearl Towers can easily visit City Centre Ajman, which boasts several retail and entertainment options. Ajman Pearl Towers complex has on-site retail spaces that include a hypermarket, spa and pharmacy.
The apartments for sale in Ajman Pearl Towers are available in studios to 3-bedroom configurations. Ajman Pearl Towers flats come with covered parking, a shared garden in the complex and round-the-clock security.
The average price for 1-bed apartments in Ajman Pearl Towers is AED 212k. Investors searching for more spacious units may consider buying 2-bed units in Ajman Pearl Towers for AED 293k.
Apart from these, potential buyers can also go for popular off-plan projects in Ajman like Gateway and Ajman Creek Towers.
Frequently Asked Questions
Where else can I find apartments for sale in Ajman?
Apart from the mentioned complexes, you can buy flats in areas like Al Nuaimiya, Al Rashsidiya and Al Sawan.
Where can I buy a budget apartment for a family in Ajman?
You may consider the best areas for 2-bed apartments for sale in Ajman under AED 500k. Apart from Ajman Downtown, these include areas like Al Sawan, Emirates City and Al Nuaimiya. For a family, villas for sale in Ajman are also a good option.
Prefer to live as a tenant instead? You can focus your search on the best areas to rent property in Ajman Downtown for suitable options.
Is Ajman Downtown a good place to live?
If you are considering buying property in the area, chances are that you plan on moving here permanently. Consider the pros and cons of living in Ajman Downtown before making a decision. Among the many benefits of the emirate is its proximity to some of the best beaches in the UAE, connectivity and more.
And that brings an end to Bayut’s guide on buying apartments in Ajman Downtown. We hope this article helps you find your next dream home or investment.
Stay tuned to MyBayut for more articles on the Ajman real estate market!
