Stunning 2BR | Open Plan | Balcony | Apartment in Ajman Downtown
AED 558,000

AED 431 per sqft

Stunning 2BR | Open Plan | Balcony | Apartment in Ajman Downtown

Ajman Downtown, Ajman
Listed 150 days ago
2
Beds
2
Baths
1,296
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Corniche Tower, Ajman Downtown. This 1296 sqft property offers excellent value at AED 558,000. Located in the heart of Ajman, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views107
Reference448065b0-53b1-45d9-b96e-b6d222e8d5e0

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

Ajman Downtown Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Ajman Downtown
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Premium Property

Positioned above market average

This is a premium-positioned property in Ajman Downtown. Asking AED 431/sqft vs market average of AED 372/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 431/sqft
Area benchmark unavailable
Asking priceAED 558,000
DLD transfer fee (4%)AED 22,320
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,336
Agency commission (2%)AED 11,160
Est. total transaction costAED 597,016

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 76% Below Market!

This property is priced significantly below the Ajman Downtown average of AED 1800/sqft. You could save AED 1,774,224 compared to market rate.

Price per sqft comparisonAjman Downtown · 2 BR apartment
This PropertyAED 431/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Ajman Downtown Market Intelligence

Full Report
Avg Price/SqftAED 460
Active Listings35
Trendstable
Price History (per sqft)
AED 464
Dec
AED 481
Jan
AED 442
Feb
AED 437
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 0 rental comparables in Ajman Downtown

Good Yield
Gross Yield
6.5%
Good Yield
Net Yield
3.02%
After charges
Estimated Rental Income
Monthly
AED 3,022
Annual
AED 36,270
Service Charge: AED 19,440/yr15 AED/sqft
Capital Appreciation (Ajman)
vs Area Average32.7% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,607

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 111,600)
5%80%
4.99%
2%8%
Property PriceAED 558,000
Loan AmountAED 446,400
Total InterestAED 335,703
Total Cost (Principal + Interest)AED 782,103

Estimated Upfront Costs

Down PaymentAED 111,600
DLD Registration (4%)AED 22,320
Agency Fee (2%)AED 11,160
Total UpfrontAED 145,080

Regulatory Compliance

Permit not required for non-Dubai / non-Abu Dhabi listings — governed by local emirate authority.

Recent Apartment Transactions

Similar apartments sold in Ajman Downtown

AED 383K

Avg. Price

AED 333.07

Avg. /sqft

5

Transactions

AED 436K21.9% lower
14 Feb 2026 2 Bed 1,138 sqftAED 383/sqft
Completed Sale
AED 335K40.0% lower
15 Jan 2026 2 Bed 1,150 sqftAED 291/sqft
Completed Sale
AED 308K44.8% lower
16 Dec 2025 2 Bed 992 sqftAED 311/sqft
Completed Sale
AED 411K26.3% lower
16 Dec 2025 2 Bed 1,280 sqftAED 321/sqft
Completed Sale
AED 423K24.2% lower
16 Dec 2025 2 Bed 1,177 sqftAED 359/sqft
Completed Sale

Transactions shown are for similar apartments in Ajman Downtown. Prices may vary based on floor, view, and finishing.