Ajman's Real Estate Transactions Soar to AED 3.25 Billion in July 2025

Ajman's Real Estate Market Surges 62.5% as Smaller Emirates Gain Investor Confidence

Ajman's property market delivered a standout performance in July 2024, with transactions jumping 62.5% year-on-year to reach AED 3.25 billion across 1,920 deals. The surge signals growing investor appetite for the UAE's smaller emirates as Dubai and Abu Dhabi prices reach new peaks, forcing capital to seek value in previously overlooked markets.

Record-Breaking Month Reflects Broader UAE Property Boom

The emirate's Land and Real Estate Regulation Department reported that trading volume alone hit AED 1.95 billion from 1,593 transactions, while the highest single sale reached AED 56 million in the Al Haliu 1 area. Acting Director General Ahmed Khalfan Al Shamsi emphasized that these figures represent "record numbers" for Ajman's property sector.

The performance comes as the UAE's real estate market continues its post-pandemic recovery, with investors increasingly diversifying beyond Dubai's premium locations. Ajman's proximity to Dubai and significantly lower entry prices make it an attractive proposition for both end-users and yield-seeking investors.

Mortgage Activity Signals Genuine Demand

Perhaps more telling than sales figures, Ajman recorded 178 mortgage transactions worth over AED 432 million in July. The largest mortgage, valued at AED 110 million, was registered in the Industrial Area 2, suggesting institutional and commercial confidence in the emirate's long-term prospects.

High mortgage activity typically indicates genuine end-user demand rather than speculative flipping, providing a more sustainable foundation for price growth. This contrasts with some periods in Dubai's cycle where cash transactions dominated, often signaling speculative excess.

Emirates City Leads Development Interest

The data reveals clear preferences among buyers and investors. Emirates City topped the list of most-traded projects, followed by City Towers and Ajman One. Among districts, Al Haliu 2 led transaction volumes, with Al Manama 14 and Al Yasmin following closely.

These areas represent Ajman's attempt to create integrated communities similar to Dubai's successful master-planned developments, but at more accessible price points. Emirates City, in particular, has positioned itself as a family-friendly alternative to Dubai's increasingly expensive residential options.

Strategic Positioning in UAE's Property Ecosystem

Ajman's surge reflects a broader trend across the UAE's northern emirates, where Sharjah and Ras Al Khaimah have also reported strong property performance. As Dubai property prices have doubled in many areas since 2020, investors are discovering value propositions in emirates that offer similar infrastructure and business environments at significant discounts.

The emirate benefits from Dubai's economic spillover while maintaining lower costs of living and doing business. For international investors, Ajman offers an entry point into UAE real estate without the premium associated with prime Dubai locations.

Market Implications and Outlook

The 62.5% growth rate, while impressive, should be viewed against Ajman's smaller base compared to Dubai or Abu Dhabi. However, the consistency of demand across residential, commercial, and industrial segments suggests the growth has fundamental support rather than being purely speculative.

For investors, Ajman's performance indicates that the UAE's property boom is broadening beyond its traditional centers. The emirate's success in attracting both mortgage-backed purchases and high-value transactions suggests it has achieved critical mass in terms of market credibility and infrastructure development.