Ajman Real Estate: 5 Affordable Projects Offering Tax-Friendly Ownership Models in 2025

REAL ESTATE1 week ago

Ajman’s AED 20.5B real estate market in 2024 (21% YoY growth, 7,071 transactions) offers apartments (AED 208K–5M) and villas (AED 600K–10M) with 7–10% ROI and 6–9% appreciation by 2029. The 2008 freehold law allows 100% ownership for all nationalities in designated zones, driving demand (88% foreign investment growth, AED 6.05B).

Tax-friendly models include zero personal income, capital gains, or property taxes, with Real Estate Transaction Tax (RETT) exemptions for first-time buyers and select off-plan projects (saving AED 4K–100K). Five affordable projects Ajman One Phase 2, Kentia Residence, Seaside Hills Residences, Sealine Residence, and Ajman Creek Tower in Al Zorah, Al Zahya, and Ajman Downtown offer apartments, villas, and townhouses (AED 600K–5M) with smart tech, waterfront views, and incentives like fee waivers.

These align with Ajman’s Vision 2030, emphasizing affordability, sustainability, and tourism (1.5M visitors in 2024). Below is an analysis of these projects, detailing rental yields, freehold benefits, tax incentives, sustainability features, and investment potential, supported by 2024–2025 data and web sources.

Tax-friendly models include zero personal income, capital gains, or property taxes, with Real Estate Transaction Tax (RETT) exemptions for first-time buyers and select off-plan projects (saving AED 4K–100K). Five affordable projects Ajman One Phase 2, Kentia Residence, Seaside Hills Residences, Sealine Residence, and Ajman Creek Tower in Al Zorah, Al Zahya, and Ajman Downtown offer apartments, villas, and townhouses (AED 600K–5M) with smart technology, waterfront views, and incentives like fee waivers.

These align with Ajman’s Vision 2030, emphasizing affordability, sustainability, and tourism (1.5M visitors in 2024). This guide analyzes these projects, detailing rental yields, freehold benefits, tax incentives, sustainability features, and investment potential, supported by 2024–2025 data.

1. Ajman One Phase 2 (Ajman Downtown)

Project Details: Aqaar Properties’ project offers 1–3-bedroom apartments (AED 600K–2M, 600–1,500 sqft) across four towers with 1,339 units, featuring waterfront views, retail, and smart home systems. Located near Ajman Corniche and City Centre, 18 minutes from Al Zorah Marina. Handover Q2 2026, with 50/50 payment plans, 1-year service charge waiver, and RETT exemption for first-time buyers. Average price: AED 1,000–1,333 psf.
Rental Yields: 9–10% (1-bedroom: AED 40K–80K/year; 3-bedroom: AED 100K–150K/year), with 15% rental growth in 2025 due to proximity to Dubai (25 min) and tourism demand.
Freehold Benefits: 100% freehold ownership via Ajman Department of Land and Real Estate Regulation (ADLRER). Enables global resale, leasing, and inheritance.
Tax Incentives: Zero personal income, capital gains, or property taxes. RETT exemption (2–4%, AED 12K–40K) for first-time buyers. 9% corporate tax on mainland profits above AED 375K; Ajman Free Zone ensures 0% corporate tax. 5% VAT on commercial spaces, recoverable for off-plan purchases.
Sustainability Features: Energy-efficient systems, green spaces, aligning with Ajman’s Vision 2030 and SDG 11.
Investment Potential: 6–9% appreciation by 2029 (e.g., AED 600K apartment to AED 636K–654K). 80% occupancy due to affordability and urban connectivity. Golden Visa eligible (AED 750K+).
Impact: Affordable urban living with commercial hubs. Tax savings (AED 12K–200K) and proximity to Sharjah (20 min) attract GCC and Indian investors.

2. Kentia Residence (Al Zahya)

Project Details: GJ Properties’ luxury project offers 1–3-bedroom apartments and townhouses (AED 700K–2.5M, 500–2,000 sqft) with smart tech and retail access. Located 20 minutes from Sharjah International Airport, 35 minutes from Dubai International Airport. Handover Q3 2026, with 60/40 payment plans and RETT exemption for off-plan purchases. Average price: AED 1,250–1,400 psf.
Rental Yields: 8–10% (apartments: AED 50K–120K/year; townhouses: AED 80K–150K/year), with 15% rental growth in 2025 due to family-friendly amenities and connectivity.
Freehold Benefits: 100% freehold ownership via ADLRER. Supports global resale and legacy planning.
Tax Incentives: Zero personal income, capital gains, or property taxes. RETT exemption (2–4%, AED 14K–50K) for off-plan purchases. 9% corporate tax on mainland profits above AED 375K; Ajman Free Zone ensures 0% corporate tax. 5% VAT recoverable for off-plan purchases.
Sustainability Features: Green designs, smart home systems, aligning with Ajman’s Vision 2030 and SDG 11.
Investment Potential: 6–8% appreciation by 2029 (e.g., AED 700K apartment to AED 742K–756K). 80% occupancy due to affordability and proximity to Dubai (35 min). Golden Visa eligible.
Impact: Family-oriented urban living with commercial access. Tax savings (AED 14K–250K) attract GCC and Asian buyers.

3. Seaside Hills Residences (Al Zorah)

Project Details: Solidere International’s project offers 1–4-bedroom apartments (AED 1M–3M, 800–2,000 sqft) with sea views, terraces, and smart tech. Located near Sheikh Mohammed Bin Zayed Road (E311), 20 minutes from Sharjah, 25 minutes from Dubai. Handover Q1 2025, with 50/50 payment plans and RETT exemption for first-time buyers. Average price: AED 1,250–1,500 psf.
Rental Yields: 7–9% (apartments: AED 70K–180K/year), with 15% rental growth in 2025 due to waterfront appeal and tourism (1.5M visitors in 2024).
Freehold Benefits: 100% freehold ownership via ADLRER. Enables global resale and inheritance.
Tax Incentives: Zero personal income, capital gains, or property taxes. RETT exemption (2–4%, AED 20K–60K) for first-time buyers. 9% corporate tax on mainland profits above AED 375K; Ajman Free Zone ensures 0% corporate tax. 5% VAT on commercial spaces, recoverable for off-plan purchases.
Sustainability Features: Eco-friendly materials, beachfront green spaces, aligning with Ajman’s Vision 2030 and SDG 11.
Investment Potential: 6–9% appreciation by 2029 (e.g., AED 1M apartment to AED 1.06M–1.09M). 85% occupancy due to luxury coastal appeal. Golden Visa eligible.
Impact: Waterfront luxury living with retail and leisure. Tax savings (AED 20K–300K) and proximity to Al Zorah Marina (5 min) attract European and GCC investors.

4. Sealine Residence (Al Zorah)

Project Details: Solidere International’s coastal project offers 1–4-bedroom apartments (AED 1.2M–3.5M, 800–4,480 sqft) with sea or park views, community pools, and smart tech. Located near E311, 20 minutes from Sharjah. Handover Q1 2026, with 50/50 payment plans and RETT exemption for off-plan purchases. Average price: AED 1,500–1,875 psf.
Rental Yields: 7–9% (apartments: AED 80K–200K/year), with 15% rental growth in 2025 due to coastal lifestyle and tourism demand.
Freehold Benefits: 100% freehold ownership via ADLRER. Supports global resale and legacy planning.
Tax Incentives: Zero personal income, capital gains, or property taxes. RETT exemption (2–4%, AED 24K–70K) for off-plan purchases. 9% corporate tax on mainland profits above AED 375K; Ajman Free Zone ensures 0% corporate tax. 5% VAT recoverable for off-plan purchases.
Sustainability Features: Green landscaping, energy-efficient systems, aligning with Ajman’s Vision 2030 and SDG 11.
Investment Potential: 6–8% appreciation by 2029 (e.g., AED 1.2M apartment to AED 1.27M–1.3M). 80% occupancy due to serene coastal appeal. Golden Visa eligible.
Impact: Exclusive coastal living with community amenities. Tax savings (AED 24K–350K) and connectivity to Dubai (25 min) attract Asian and GCC investors.

5. Ajman Creek Tower (Ajman Downtown)

Project Details: GJ Properties’ project offers 1–2-bedroom apartments (AED 600K–1.5M, 500–1,200 sqft) with 1,875 units, featuring waterfront views, smart tech, and retail. Located 25 minutes from Dubai International Airport. Handover Q4 2026, with 60/40 payment plans, 1-year service charge waiver, and RETT exemption for first-time buyers. Average price: AED 1,200–1,250 psf.
Rental Yields: 9–10% (1-bedroom: AED 40K–80K/year; 2-bedroom: AED 80K–120K/year), with 15% rental growth in 2025 due to urban connectivity and short-term rental demand.
Freehold Benefits: 100% freehold ownership via ADLRER. Enables global resale and inheritance.
Tax Incentives: Zero personal income, capital gains, or property taxes. RETT exemption (2–4%, AED 12K–30K) for first-time buyers. 9% corporate tax on mainland profits above AED 375K; Ajman Free Zone ensures 0% corporate tax. 5% VAT on commercial spaces, recoverable for off-plan purchases.
Sustainability Features: Smart waste management, energy-efficient designs, aligning with Ajman’s Vision 2030 and SDG 11.
Investment Potential: 6–9% appreciation by 2029 (e.g., AED 600K apartment to AED 636K–654K). 80% occupancy due to affordability and proximity to Sharjah (20 min). Golden Visa eligible (AED 750K+).
Impact: Urban living with commercial and tourism appeal. Tax savings (AED 12K–150K) and short-term rental options attract GCC and Indian investors.

Market Trends and Outlook for 2025

Yields and Appreciation: Ajman’s projects offer 7–10% ROI and 6–9% appreciation, driven by AED 20.5B in 2024 transactions (33% YoY growth) and a 17.9% price increase in Q1 2025 (AED 416–1,875 psf). Short-term rentals grew 15%, long-term rentals 49% (AED 2.27B), with 80–85% occupancy due to affordability and tourism.
Freehold and Tax Environment: Freehold laws since 2008 allow 100% ownership in zones like Ajman Downtown, Al Zorah, and Al Zahya, boosting demand (5,139 foreign transactions, AED 6.05B). Zero personal income, capital gains, and property taxes, with RETT exemptions (2–4%, AED 4K–100K), save AED 4K–350K. Ajman Free Zone offers 0% corporate tax; mainland entities face 9% corporate tax on profits above AED 375K. 5% VAT on commercial spaces, recoverable for off-plan purchases.
Infrastructure Impact: Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road connect Ajman to Dubai (25 min) and Sharjah (20 min), boosting values by 15–20%. Amenities like Ajman Corniche, Al Zorah Marina, and City Centre drive rentals (AED 150–3,000/night).
Investor Drivers: Limited supply (4,500 units in 2025–26), Golden Visa eligibility (AED 750K+), and flexible payment plans (5–10% down, 50/60 plans) fuel 50% of demand from GCC (25%), India (15%), and Europe (10%). Smart tech and sustainability (green designs, energy efficiency) enhance appeal.
Risks: Oversupply (4,500 units in 2025–26) and AML compliance costs (AED 5K–15K) pose a 5–10% correction risk in H2 2025. Mitigated by 80% absorption, escrow accounts, and ADLRER oversight. Corporate tax (9% for profits over AED 375K) may impact large investors, though free zone structures minimize this.
Regulatory Framework: ADLRER ensures transparency with digital title deeds and escrow laws for off-plan sales (handover 2025–2026). Freehold zones allow inheritance with no estate tax; DIFC Wills Service Centre recommended for non-Muslims. Domestic Minimum Top-up Tax (DMTT) for MNEs with revenues over €750M ensures a 15% minimum tax rate, aligning with OECD standards.

Investment Strategy

Diversification: Invest in Ajman One Phase 2 (AED 600K–2M, 9–10% ROI) or Ajman Creek Tower (AED 600K–1.5M, 9–10% ROI) for affordability, Kentia Residence (AED 700K–2.5M, 8–10% ROI) for family-oriented living, and Seaside Hills Residences (AED 1M–3M, 7–9% ROI) or Sealine Residence (AED 1.2M–3.5M, 7–9% ROI) for waterfront luxury.
Entry Points: Off-plan units (5–10% down, 50/60 plans) offer flexibility. Early investment maximizes appreciation as infrastructure and tourism mature.
Tax Optimization: Hold properties personally to avoid 9% corporate tax or use Ajman Free Zone entities for 0% corporate tax on qualifying income. Leverage RETT exemptions (2–4%, AED 4K–100K) and recover 5% VAT (AED 3K–50K/year) via UAE FTA registration. Consult advisors like Miva Real Estate for compliance.
Process: Verify freehold status via ADLRER portals. Pay 2–4% RETT (unless exempt) and secure NOC. Use platforms like AjmanProperties.ae, Bayut.com, or SquareYards.ae. Required documents: passport copy, proof of funds, no UAE visa needed. Documents must be translated into Arabic and legalized.
Platforms: Contact Aqaar Properties (info@aqaar.com), GJ Properties (info@gjproperties.ae), Solidere International (info@solidereinternational.com), or brokers like Miva Real Estate (info@miva.ae) for listings.

Conclusion

In 2025, Ajman’s five affordable projects Ajman One Phase 2, Kentia Residence, Seaside Hills Residences, Sealine Residence, and Ajman Creek Tower offer 7–10% ROI and 6–9% appreciation, backed by AED 20.5B in 2024 transactions and a 17.9% price surge in Q1 2025.

Freehold laws since 2008 enable global ownership in zones like Ajman Downtown and Al Zorah, while tax-friendly models zero personal income, capital gains, and property taxes, with RETT exemptions (AED 4K–100K) maximize returns.

Sustainability features (smart tech, green designs) align with Ajman’s Vision 2030 and SDG 11. Despite a 5–10% correction risk from oversupply, 80% absorption, escrow protections, and infrastructure (E311, Al Zorah Marina) ensure stability. With prices from AED 600K–5M, tourism-driven rentals (15% growth), and affordability, these projects attract GCC, Indian, and European investors. Ajman Real Estate