We are happy to announce that we’ve released the first ever Ajman property report, comparing Q1 2015 data to Q1 2016
What insights have we gathered from this report?
We’ve noticed Ajman to be the emirate with the most affordable property rental prices despite a few increases spotted in several districts.
A drop in rental and sale prices across Ajman, with the Al Butain community experiencing a 43% decrease in sale prices per sq. ft. and 19% decrease in rental prices per sq. ft while, in other areas such as Al Rashidiya, rental prices remained stable.
Ajman’s Al Nakhil area witnessed an increase in rental prices across the board by 10% and 3% for one-bedroom and two-bedroom apartments respectively. This report also revealed an increase of 8% for one-bedroom apartments and 21% for two-bedroom apartments rental prices in Al Hamriya.
Inland districts such as Al Helio saw the steepest decline of 21%.
Sale price per sq ft. in Ajman also witness an overall decline by 7% compared to the same period the previous year.
Take a look at the price trends for Ajman below:
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