Ajman is currently experiencing a surge in the rental market, with lease contracts set to increase by 50% for 2024. Due to the influx of residents from Dubai and Sharjah, who are fleeing soaring rentals and searching for more affordable options, Ajman's new infrastructure and cost-effective living are making it a desirable destination.

Rental Transactions AED 4.9 Billion

The total value of all rental transactions, including those captured by the Ajman Municipality and Planning Department in 2024, amounts to AED 4.929 billion, representing an increase of AED 1.646 billion from 2022. Such huge increases are a reflection of the ongoing concentration that Ajman's residential market is attracting, as it strengthens the speculation that it will one day be an alternative to the higher-cost neighbouring emirates.

Emerging Residential and Investment Hub

Abdul Rahman Al Nuaimi, Director General of Ajman Municipality and Planning Department, is building for the future so that Ajman draws the attention of residents, investors, and tourists. At the same time, they define it as the final destination. A qualified, secure, friendly, and healthy life is offered to citizens.

Modern Living and the Appeal of Neighborhood

Moving to Ajman, some key factors to consider are modern amenities, spacious rooms, and excellent types of neighborhoods. It ensures a perfect blend of urban convenience and community interaction, making it the ideal place for families and professionals alike.