Premium 2BR | Pool View | Near Metro | Apartment in Ajman Downtown
AED 492,000

AED 423 per sqft

Premium 2BR | Pool View | Near Metro | Apartment in Ajman Downtown

Ajman Downtown, Ajman
Listed 143 days ago
2
Beds
2
Baths
1,162
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Horizon Tower Ajman, Ajman Downtown. This 1162 sqft property offers excellent value at AED 492,000. Located in the heart of Ajman, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views118
Reference70e7102f-e70c-4c72-a23c-a048362e1c35

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 423/sqft vs market average of AED 372/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 423/sqft
Area benchmark unavailable
Asking priceAED 492,000
DLD transfer fee (4%)AED 19,680
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,213
Agency commission (2%)AED 9,840
Est. total transaction costAED 524,833

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 1,600,074 compared to market rate.

Price per sqft comparisonAjman Downtown · 2 BR apartment
This PropertyAED 423/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
2.96%
After charges
Estimated Rental Income
Monthly
AED 2,665
Annual
AED 31,980
Service Charge: AED 17,430/yr15 AED/sqft
Capital Appreciation (Ajman)
vs Area Average17% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,299

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 98,400)
5%80%
4.99%
2%8%
Property PriceAED 492,000
Loan AmountAED 393,600
Total InterestAED 295,996
Total Cost (Principal + Interest)AED 689,596

Estimated Upfront Costs

Down PaymentAED 98,400
DLD Registration (4%)AED 19,680
Agency Fee (2%)AED 9,840
Total UpfrontAED 127,920

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 382K

Avg. Price

AED 332.7

Avg. /sqft

5

Transactions

AED 433K12.0% lower
15 Apr 2026 2 Bed 1,138 sqftAED 380/sqft
Completed Sale
AED 307K37.6% lower
14 Feb 2026 2 Bed 992 sqftAED 309/sqft
Completed Sale
AED 422K14.3% lower
16 Dec 2025 2 Bed 1,177 sqftAED 358/sqft
Completed Sale
AED 412K16.3% lower
16 Nov 2025 2 Bed 1,280 sqftAED 322/sqft
Completed Sale
AED 338K31.3% lower
16 Nov 2025 2 Bed 1,150 sqftAED 294/sqft
Completed Sale

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

Similar Properties

2-Bedroom apartment in Ajman Downtown