Ajman’s real estate sector is experiencing impressive growth, marking its spot as a productive and profit-making destination for new real estate developers. The Emirate’s real estate market has expanded, and it substantially contributed to the state’s GDP. According to Land and Real Estate Regulation in Ajman, in 2024 the real estate transaction value has crossed AED 8.38 billion.
Steady and innovative contributions from top 100 Dubai real estate companies made the Emirate soar to a top spot in the Gulf’s real estate market. Growing Emirates like Ajman show their strong presence as exclusive alternatives for Dubai in property buying and selling.
Location advantages, investor-friendly policies and affordability make the Emirate an attractive alternative for Dubai and Abu Dhabi. These conditions attract both local and foreign investors.
List of new real estate developers in Ajman
Taking advantage of the suitable market conditions, these Ajman new real estate developers move forward steadily while experiencing significant growth.
| # | Company Name | Website | Established Year | Full Address | Key Projects |
|---|---|---|---|---|---|
| 1 | Takmeel Real Estate | akmeeluae.com | 2017 | Sheikh Ammar Bin Humaid St, Al Mowaihat 02, Ajman | Divine Residencia, Divine Living Arjan |
| 2 | AQAAR | aqaar.com | 2016 | Sheikh Khalifa Bin Zayed St, Ajman | Ajman One Phase 2 |
| 3 | GJ Properties | gjproperties.ae | 2014 | Oasis Tower 2, Sheikh Rashid Bin Saeed Street, Ajman | Al Ameera Village, Gulf Tower |
| 4 | Horizon Real Estates | horizonrealestates.com | 2014 | Al Imam Ahmed Bin Hanbel St, Al Jerf 2, Ajman | Various residential and commercial projects |
| 5 | Al Zorah Development | alzorahcity.com | 2007 | Al Ittihad Road, Ajman | Al Zorah City |
Growth opportunities for new real estate developers in Ajman
Ajman's emerging real estate sector offers a fertile ground for new developers. In order to benefit from the opportunities, it is crucial to understand investment patterns and buyer trends. Leveraging insights from a robust real estate growth platform for UAE facilitates developers in comprehending purchasing decisions, evaluating market potential and making sound decisions for sustainable growth.
These are the growth prospects for new real estate developers in Ajman and understanding these can be a key to setting the right plans and contributing to the growth of the Emirates.
Affordable housing projects
Ajman is experiencing a surge in the middle-income population, so the demand for affordable housing is on the rise. Development projects with affordable pricing and modern amenities will attract both investors and end users alike.
Mixed-use developments
Surging demand for integrated communities that combine commercial, residential and leisure facilities will make it a prime opportunity for new real estate developers to create innovative properties.
Tourism and hospitality expansion
Ajman’s tourism sector is one of the growing businesses that projects an increased demand for serviced apartments and hotel residencies, offering lucrative investment opportunities.
Sustainability and smart developments
The government’s focus on urban development sets a path for developers to incorporate smart technologies and eco-friendly in their projects.
How can developers leverage Ajman's affordable housing initiatives to attract investors?
By focusing on the key strategies below, real estate developers in Ajman can leverage its affordable initiatives the right way.
Emphasize affordability and high returns
Competitive pricing: Highlighting the affordability of properties in Ajman when compared to neighboring Emirates like Dubai and Sharjah makes the state more appealing for investors who seek investments without high upfront costs.
Rental yields: Showcasing the high rental yields in Ajman to attract investors who seek to generate steady income from their properties.
Utilize government initiatives
Streamlined ownership process: With Ajman’s government setting up the streamlined property ownership process for foreign investors, the buying and selling of properties are made easy and improve transparency.
Visa programs: Promote the availability of long-term visas for investors, which enhances the investors’ appeal to buy properties.
Diversify property offerings
Range of options: Showcase different property segments, from affordable housing spaces to luxury villas that fit well with the clients’ preferences.
Integrated communities: Developing master-planned communities with modern amenities improves the quality of life for residents, which in turn increases the property values.
Highlight strategic location
Proximity to major cities: Emphasizing Ajman’s strategic location near Sharjah and Dubai provides easy access to prime business hubs while maintaining an affordable lifestyle.
Infrastructure development: Highlighting the ongoing developments like public transport enhancements and road expansions that support the Emirates’ sustainable growth.
Financing options and payment plans
Flexible payment plans: Offering flexible payment plans for off-plan properties makes it easier to purchase properties with manageable financial commitments.
Attractive financing terms: Ajman’s property transactions are collaborated with financial institutions to provide helpful payment plans for investors seeking high returns and affordability.
Future prospects
Ajman’s real estate industry is on a positive trajectory, which makes it an ideal market for new developers who seek to exhibit their strong presence. With property prices 30-40% lower than Dubai, the state is a highly compelling alternative. The Emirate offers affordable land and property prices, which increases investor confidence and sets demand across different property segments.
With Ajman growing in the UAE property market, developers require efficient tools to fine-tune their strategies. A UAE real estate CRM platform can automate lead monitoring, streamline transaction management and enhance overall real estate operation efficiency. It makes business strategies more robust by combining customer interactions and real-time market trends so developers can concentrate on sourcing high-potential projects.
Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.
