Your guide to the latest sales trends in Al Rashidiya Ajman

Located close to the Ajman and Sharjah border lies Al Rashidiya, one of the most popular neighbourhoods in the tiny and charming emirate of Ajman. It’s one of the more popular areas in the emirate, featuring residential options which are mainly made up of apartment buildings like Al Rashidiya Towers as well as a few villas. Investors and homebuyers keen to buy apartments in Al Rashidiya should take note of the best buildings in the neighbourhood.

Why buy apartments in Al Rashidiya?

The community of Al Rashidiya is consistently popular with investors and was one of the most in-demand locations to purchase property in the emirate as per Bayut’s end of year Market Report for Ajman in 2019. One of the key attractions of buying apartments in Al Rashidiya is its strategic location in the city and easy access to major UAE highways— a benefit for those who need to commute to other emirates. Surrounding the area are the Al Rumaila and Al Nuaimiya districts in addition to the Ajman Free Zone — all of which are located a few minutes away. 

Current property prices in Al Rashidiya can give buyers a better idea of options. Let’s see which popular buildings currently have apartments for sale in Al Rashidiya with a review of the average price for each configuration.

Top 3 buildings to buy apartments in Al Rashidiya

According to our data experts, Oasis Towers leads as the most popular building to buy apartments in Al Rashidiya. Following closely is Al Rashidiya Towers located in Ajman Downtown with Al Rashidiya Falcon Tower coming in third place as a desirable building for apartments for sale in Al Rashidiya, Ajman. Read on to find out more details regarding average prices for flats in each of these buildings in addition to features and amenities. 

Oasis Towers

In case you want to buy apartments in Al Rashidiya, Oasis Towers is a good option to consider. Located in Al Rashidiya 1, Oasis Towers 1 and 2 offer a range of apartments overlooking the Ajman Creek with flats available for freehold ownership for both expat buyers and local investors.

Apartments for sale in Oasis Towers range from studios to more spacious 1, 2 and 3-bedroom flats — ideal for couples and young families. Facilities in the towers are also worth mentioning. These include six floors of parking spaces, swimming pools for adults and kids as well as a fully functional gym and health club. 

All in all, apartments in Oasis Towers are suitable for anyone who wants to buy property here as an investment or as a permanent home. Studio apartments for sale in Oasis Towers average at AED 315,000. Those looking for more spacious accommodations may consider 1-bed flats for sale in Oasis Towers which average at AED 440k. Families may opt for 2-bedroom flats for sale in Oasis Towers, the average price of which is AED 764k.  

Al Rashidiya Towers

A mid-rise cluster of 11 buildings, Al Rashidiya Towers is also located in Ajman Downtown with each tower consisting of 13 floors. The complex is located close to major landmarks with key areas like Rashidiya Park, Ajman Beach and Ajman Fish Market a short drive away. Financed and developed by the Government of Ajman. Notable facilities here include high-speed elevators, swimming pool facilities, play area for kids, CCTV camera coverage and 24-hour maintenance service. 

There are several apartments available for purchase in Al Rashidiya Towers as per current listings. Studios for sale in Al Rashidiya Towers have an average price of AED 315k. Buyers looking for 1-bed flats in Al Rashidiya Towers are spoilt for choice. Homebuyers should note that prices are also extremely competitive and average at AED 237k for this configuration. Families or investors looking for bigger affordable apartments for sale may consider 2-bed units for sale in Al Rashidiya which also average at AED 315k. The best performing bed types here are 1-bed flats with the highest ROI of 9.6% based on average rental yields in the area. 

Al Rashidiya Falcon Tower

This complex includes 1 commercial tower and 7 residential towers. The residential towers consist of 24 floors, of which four are dedicated to parking. These towers in Al Rashidiya Falcon Tower are popular with buyers looking for studio, 1 and 2 bedroom apartments. The complex is 10 minutes away from City Centre Ajman with a shared swimming pool and gym facilities. Another amenity worth noting is a play area designed to facilitate kids with special needs.  

Studio apartments available for purchase in Al Rashidiya Falcon Tower have an average price of AED 190k with each consisting of an open-style kitchen and a balcony offering views of the pool.  The price for 1-bed flats for sale in Al Rashidiya Falcon Tower averages at AED 235k and come with an attached bathroom and a spacious hall. The 2-bedroom apartments for sale in Rashidiya Falcon Tower, on the other hand, are understandably pricier with an average price tag of AED 325k. But it’s a small price to pay considering that each bedroom in this configuration includes en-suite bathrooms and a large living room.

A closer look at available floor plans in Al Rashidiya Falcon Tower can give buyers a better idea of home layouts.

Other than apartments, you can buy villas in Ajman as well. They not only provide huge private spaces but are ideal for families searching for a tranquil life in the UAE.

That concludes our review of sales trends in Al Rashidiya in Ajman. In addition to flats, interested investors may also take a look at villas for sale in Al Rashidiya. All in all, apartment buildings here are ideal for buyers. This is also considering easy access to other emirates, a boon for buyers who prefer living in Ajman and working in Dubai.

For more updates on the latest sales trends in the UAE, stay tuned to MyBayut.