In the years 2023 and 2024, Ajman attracted good foreign investment. The year 2024 broke records with a 33% increase in real estate transactions compared to 2023. Foreign investors chose Al Yasmeen, Al Zahia, Al Helio 2 and the Eastern Sector in Ajman for the most investment. They did 5139 transactions that drove USD 1.6 bn. It makes AED 6.048 billion. Later in 2024, their transactions reached 7071. It made USD 2.5 bn or AED 9 bn. All of this shows us that foreign investors have left behind the local residents of UAE when it comes to investment in Ajman property.

What Attracts Foreign Invest in Ajman Property?

Ajman’s strategy to make itself an attractive destination is what attracts foreign investors. In simple words, Ajman offers everyone legislative, financial, and infrastructural benefits.

Full Property Ownership

Ajman allows both its residents and foreign investors 100% property ownership. This particularly attracts foreign investors because they see it as a long-term investment opportunity in Ajman property.

Attractive Destinations

Ajman’s modern infrastructure also attracts foreign investors. Investment in Ajman property gives them well-planned cities, good connectivity, and state-of-the-art amenities that lucrates foreign investors.

Quick Registration Process

Ajman property offers easy and quick real estate registration to foreign investors. It gives them fast transaction completion ease which is attractive for those looking for long-term investment.

What Ajman Does to Attract Foreign Investors?

We brag about how foreign investors have helped Ajman’s real estate market. But that doesn’t change the fact that Ajman never comes slow when it comes to attracting foreign investors. By hosting events like the Ajman Real Estate Investment Exhibition, Ajman has facilitated 336 deals worth AED 195.8 million in a single event.

Sheikh Abdulaziz bin Humaid Al Nuaimi is the chairman of the Dept. of Land and Real Estate Regulation in Ajman. He talked about the emirate’s efforts in creating investor-friendly policies. The bottom-line is that the Ajman real estate market stays relevant because it has easy regulations and good infrastructure. This allows foreign investors to do business easily.

Conclusion

Now you know why and how foreign investors are important to Ajman’s real estate growth. They bring to Ajman funds, create business opportunities in Ajman, and also support its economic development. Not only that, Ajman itself is making it easier for residents and foreign people to invest in real estate. All of this together helps Ajman become a popular destination for buying and selling properties.

Read More:

Real Estate Transactions of 1.95 Billion Dirhams in Ajman During September 2024