Your guide to the latest sales trends in Al Rashidiya Ajman
Located close to the Ajman and Sharjah border, Al Rashidiya is one of the most popular neighbourhoods in the tiny and charming emirate of Ajman. Residential options in the area generally include apartments and some villas. Investors and homebuyers keen on areas to buy apartments in Al Rashidiya should take note of the best areas in the neighbourhood.
Why buy apartments in Al Rashidiya?
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 Al Rashidiya are the Al Rumaila and Al Nuaimiya districts as well as the Ajman Free Zone — all of which are located a short drive away.
Current property prices in Al Rashidiya can give buyers a better idea of options. Let’s see which sub-communities offer options for apartments for sale in Al Rashidiya with a review of the average price for each configuration.
Areas to Buy apartments in Al Rashidiya
According to our data experts, Al Rashidiya 3 leads among the most popular areas to buy apartments in Al Rashidiya. Following closely is Al Rashidiya 1 with Al Rashidiya 2 coming in third place as a sub-community for apartments for sale in the area. Read on to find out more details regarding average prices for flats in each of these areas in addition to features and amenities.
Al Rashidiya 3
Those looking for popular communities to buy apartments in Al Rashidiya Ajman, Al Rashidiya 3 is a good option to consider. The neighbourhood is know for its treelined streets, bustling commercial areas and parks. Plus, there are flats available on freehold ownership for both expat buyers and local investors.
Apartments for sale in Al Rashidiya 3 range from studios to more spacious 1, 2 and 3-bedroom flats — ideal for couples and young families. All in all, apartments in Al Rashidiya 3 are suitable for anyone who wants to buy property here as an investment or as a permanent home. Most of the ready apartments are available in Ajman Tower. Buyers can also look into off-plan options here.
- Studio apartments for sale here average at AED 280k.
- Those looking for 1-bed flats for sale in Al Rashidiya 3 can expect to pay around AED 587k.
- Families may opt for 2-bedroom flats for sale in Al Rashidiya the average price of which is AED 775k.
- For the 3-bed variety, the price averages at AED 898k.
- The ROI for these apartments averages at 5.24%.
Al Rashidiya 1
Al Rashidiya 1 is the second most popular sub-community to buy apartments in Ajman. It’s located right next to the Sharjah and Ajman border. Within Al Rashidiya 1, popular buildings to buy apartments include:
- Gulfa Towers
- Oasis Towers
As per current listings, Al Rashidiya 1 has several apartments available for purchase in studio, 1, 2 and 3-bed configurations.
- Studios for sale in Al Rashidiya 1 have an average price of AED 317k.
- Buyers looking for 1-bed flats for sale in Al Rashidiya 1 can expect to pay around AED 596k.
- The 2-bed units for sale in Al Rashidiya average at AED 800k.
- For 3-bed flats, the price goes up to AED 905k.
- With an ROI at 4.18%, investing here can be a lucrative choice.
- 1 BED
- |
- 2 BATHS
- |
- 1129 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1529 SQFT
- 3 BEDS
- |
- 3 BATHS
- |
- 2065 SQFT
Al Rashidiya 2
Al Rashidiya 2 is another good choice for buying flats in the community. If you’re looking to buy apartments in Al Rashidiya 2, you can consider the options available in Falcon Towers.
- Studio apartments available for purchase in Al Rashidiya 2 have an average price of AED 348k.
- The price for 1-bed flats for sale in Al Rashidiya 2 averages at AED 600k.
- The 2-bedroom apartments for sale are priced around AED 769k.
- The 3-bedroom variety goes up to AED 771k.
- The flats for sale in Al Rashidiya 2 usually yield an ROI of 5.60%.
Villas for Sale in Al Rashidiya Ajman
Apart from flats, interested investors may also take a look at villas for sale in Al Rashidiya. These not only provide huge private spaces but are ideal for families searching for a tranquil life in the UAE.
- There are currently listings for 4-bed villas for purchase in Al Rashidiya 3, averaging at AED 1.46M.
- The 6-bed range averages at AED 1.85M.
- Altogether, this comes up to an ROI at 5.53%.
FAQs
What are the best areas to live in Ajman?
Apart from Al Rashidiya, popular residential areas in Ajman include Ajman Downtown and Al Nuaimiya.
Is Dubai a good option to invest in properties?
Yes it is. Take a look at Dubai Property Sales Transactions over the last 12 months for a better analysis.
That concludes our review of sales trends in Al Rashidiya in Ajman. 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.
