Ajman’s real estate market logged 938 transactions worth AED1.66 billion in March, according to figures released by the Department of Land and Real Estate Regulation, extending a run of elevated activity in one of the UAE’s lower-cost property markets. The March total is equivalent to about $452 million at the dirham’s peg to the US dollar, and points to sustained investor appetite even after a much stronger start to the year in January and February. ][1])
The March reading marks a step down from January’s 1,520 transactions valued at AED2.07 billion and February’s broader total real estate transactions of AED2.48 billion, but the figures still suggest a market operating at levels that compare favourably with earlier periods. Ajman has been building momentum over the past year as buyers priced out of Dubai and, to a lesser extent, Sharjah continue to examine the emirate for comparatively affordable plots, villas and apartments, while local authorities push regulatory changes intended to deepen confidence in the sector.
Officials have been presenting that momentum as evidence of a broadening investor base rather than a one-off spike. Omar bin Omair Al Muhairi, director general of the department, has repeatedly linked the emirate’s transaction growth to rising confidence across property segments and growing interest in opportunities throughout Ajman. By November 2025, the emirate’s annual transaction value had already crossed AED25.3 billion, surpassing the whole of 2024 before the year had ended, an indication of how sharply activity accelerated during 2025.
One important feature of Ajman’s market is that headline transaction values have been supported by larger individual deals as well as mid-market demand. In late March, the emirate recorded its highest-value property sale on record at AED185 million, a transaction in Al Amerah involving land classified for residential and commercial use. That sale came days before the disclosure of the March aggregate figures and offered a sign that the market is no longer being driven solely by smaller-ticket affordable housing activity. It also underlined the growing role of mixed-use and development land in lifting overall values.
The broader backdrop is favourable for Ajman. Across the UAE, government-backed residency policies, business expansion, population growth and infrastructure investment have kept the property cycle buoyant, although the pace and pricing power differ widely by emirate. Ajman has benefited from that national trend while occupying a distinctive niche: it remains cheaper than Dubai, yet close enough to larger employment centres to attract end-users and smaller investors. The National reported that Ajman’s November 2025 trading activity alone generated AED1.82 billion from 1,302 transactions, with Al Rumaila 2 posting the highest single sale value for that month at AED110 million.
Regulation has also become part of the growth story. In April 2025, authorities announced Law No. 1 of 2025, a measure designed to improve transparency, protect investor rights and stimulate real estate activity. Separate legal analysis and official law records show the framework was issued on 18 March 2025 to regulate real estate contribution projects, an area seen as important for widening investment participation while tightening oversight. For investors, the message is clear: Ajman is trying to pair growth with a stronger rulebook, a balance that matters in a market where confidence can depend as much on governance as on pricing.
Luxury and destination-led development are adding another layer to the market. Al Zorah, the coastal development backed by the Government of Ajman and Solidere International, announced in January that it had completed sales of the two most expensive residential units ever recorded in the emirate, including a beachfront palace sold for about AED30.8 million and a penthouse sold for AED9 million. That activity does not define Ajman’s market as a whole, but it shows the emirate is attempting to widen its appeal beyond its traditional affordable-housing image and cultivate higher-end residential demand tied to lifestyle, hospitality and coastal assets.
The March reading marks a step down from January’s 1,520 transactions valued at AED2.07 billion and February’s broader total real estate transactions of AED2.48 billion, but the figures still suggest a market operating at levels that compare favourably with earlier periods. Ajman has been building momentum over the past year as buyers priced out of Dubai and, to a lesser extent, Sharjah continue to examine the emirate for comparatively affordable plots, villas and apartments, while local authorities push regulatory changes intended to deepen confidence in the sector.
Officials have been presenting that momentum as evidence of a broadening investor base rather than a one-off spike. Omar bin Omair Al Muhairi, director general of the department, has repeatedly linked the emirate’s transaction growth to rising confidence across property segments and growing interest in opportunities throughout Ajman. By November 2025, the emirate’s annual transaction value had already crossed AED25.3 billion, surpassing the whole of 2024 before the year had ended, an indication of how sharply activity accelerated during 2025.
One important feature of Ajman’s market is that headline transaction values have been supported by larger individual deals as well as mid-market demand. In late March, the emirate recorded its highest-value property sale on record at AED185 million, a transaction in Al Amerah involving land classified for residential and commercial use. That sale came days before the disclosure of the March aggregate figures and offered a sign that the market is no longer being driven solely by smaller-ticket affordable housing activity. It also underlined the growing role of mixed-use and development land in lifting overall values.
The broader backdrop is favourable for Ajman. Across the UAE, government-backed residency policies, business expansion, population growth and infrastructure investment have kept the property cycle buoyant, although the pace and pricing power differ widely by emirate. Ajman has benefited from that national trend while occupying a distinctive niche: it remains cheaper than Dubai, yet close enough to larger employment centres to attract end-users and smaller investors. The National reported that Ajman’s November 2025 trading activity alone generated AED1.82 billion from 1,302 transactions, with Al Rumaila 2 posting the highest single sale value for that month at AED110 million.
Regulation has also become part of the growth story. In April 2025, authorities announced Law No. 1 of 2025, a measure designed to improve transparency, protect investor rights and stimulate real estate activity. Separate legal analysis and official law records show the framework was issued on 18 March 2025 to regulate real estate contribution projects, an area seen as important for widening investment participation while tightening oversight. For investors, the message is clear: Ajman is trying to pair growth with a stronger rulebook, a balance that matters in a market where confidence can depend as much on governance as on pricing.
Luxury and destination-led development are adding another layer to the market. Al Zorah, the coastal development backed by the Government of Ajman and Solidere International, announced in January that it had completed sales of the two most expensive residential units ever recorded in the emirate, including a beachfront palace sold for about AED30.8 million and a penthouse sold for AED9 million. That activity does not define Ajman’s market as a whole, but it shows the emirate is attempting to widen its appeal beyond its traditional affordable-housing image and cultivate higher-end residential demand tied to lifestyle, hospitality and coastal assets.
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UAE