The property market in Sharjah and Ajman remains buouyant, even as prices have fallen on average across popular districts for both emirates, with average return on investment at 7 per cent in Sharjah and over 11 per cent in Ajman for certain neighbourhoods, according to real estate portal Bayut's Q1 market report.
“Over the first quarter of 2019, both Sharjah and Ajman present a lucrative opportunity for investors. From a rental perspective as well, the combination of reasonable rents and easily accessible schools makes both these emirates extremely attractive options for families in the UAE," said Haider Ali Khan, CEO of Bayut.
Apartment prices in Sharjah have slipped between 2 and 6 per cent for both sales and rentals, with prices staying stable in certain areas, the report said.
According to Bayut, larger apartment units for sales in popular locations such as Al Majaz and Al Khan have seen price decline less than 6 per cent, while they have fallen around 11 per cent mark in Abu Shagara and Al Khan. According to search trends, Al Majaz is most popular with investors to buy apartments in Sharjah, Bayut said, while tenants turn to Al Nahda as their first choice for renting.
When it comes to villas in Sharjah, Al Sabkha generated the most searches by both investors and renters.
For apartments in Ajman, meanwhile, the overall price trends for both sales and rents show marginal declines between 1 and 6 per cent with prices remaining stable in many areas, Bayut said. For apartment sales, declines are at the 7 to 8 per cent margin for units in Garden City and Al Sawan.
As for the rental apartments, the most significant decreases are for units in Ajman Downtown, Al Rashidiya and Al Jurf, where prices have gone down by an average of 6 per cent. In terms of popularity, Ajman Downtown has received the most interest from investors while for apartment rentals Al Nuaimiya retains the top position in Q1 2019.
For villas in Ajman, Al Mowaihat is the most popular among investors whereas tenants are most interested in Al Rawda.
“The property markets in both Sharjah and Ajman have grown substantially in recent years, with reputed builders such as Eagle Hills and Emaar exploring options here," added Mr Khan
UAE currency: the story behind the money in your pockets
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
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- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
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- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Pieces of Her
Stars: Toni Collette, Bella Heathcote, David Wenham, Omari Hardwick
Director: Minkie Spiro
Rating:2/5
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates