The real estate market in the UAE has been steadily growing over the years, and it is expected to continue this trend in 2024-2025. The country’s stable economy, strategic location, and attractive business environment have attracted investors from all around the world. The influx of international businesses and expatriates has significantly bolstered the demand for real estate in UAE, setting the stage for robust growth.

Emirates Recognized as Real Estate Hotspots

Leading property market experts have spotlighted Ajman, Sharjah, and Ras Al Khaimah as the latest hotspots offering substantial investment opportunities in the UAE’s real estate sector. Specific findings from Dubizzle’s annual property market reports, incorporating primary data from site visits and user behavior analysis throughout 2023, indicate a significant trend. Ajman, in particular, is experiencing a record-breaking surge in both sales and rental markets. This unprecedented growth underscores investors’ increasing interest in Ajman’s real estate offerings, backed by its economic stability, attractive investment incentives, and competitive property prices.

Concurrently, Sharjah and Ras Al Khaimah are gaining traction as preferred destinations for property purchases within the UAE. Sharjah, known for its cultural richness and strategic location, offers a unique blend of traditional and modern lifestyles.

With its stunning landscapes and ambitious development projects, Ras Al Khaimah presents an appealing investment proposition. These trends reflect an evolving market where investors are exploring new territories beyond the traditional strongholds, driven by the search for value, strategic location advantages, and potential for high returns on investment.

Prices Surge Across Sharjah, Ras Al Khaimah and Ajman

Ajman, Sharjah, and Ras Al Khaimah are currently experiencing a significant increase in property prices due to the high demand from investors. Here’s a breakdown as per the 2023 Annual Property Market Reports for Ajman, Sharjah, and Ras Al Khaimah:


In Sharjah, the real estate market is experiencing a noteworthy uptick in prices, illustrating a dynamic growth trajectory across the Emirate. Specifically, apartment sale prices now range between Dh601,000 to Dh1.01 million, accompanied by a broad spectrum of annual rents from Dh21,000 to Dh45,000, signaling a robust demand.

Al Khan area leads the market for apartment purchases with:

  • Average price point: Dh948,000
  • Promising ROI: 3.51%

Muwaileh and Al Majaz are emerging hotspots with competitive ROIs.

  • Al Majaz stands out with the highest apartment ROI at 6.24%
  • Al Sabkha for villas follows closely with an impressive 6.23% ROI

Ras Al Khaimah

In Ras Al Khaimah, the real estate domain celebrated another year of substantial growth throughout 2023, albeit with its share of fluctuations. Completing numerous off-plan projects and integrating state-of-the-art amenities kept the Emirate high on the list for investors, buyers, and tenants alike. The locales of Al Hamra Village, Mina Al Arab, and Al Marjan Island emerged as the most preferred for acquiring and renting properties.

  • The rental range for apartments fluctuated between Dh22,000 and Dh42,000 annually
  • Al Marjan Island recorded the highest sales price for apartments at Dh1.57 million
  • Yasmin Village offers the highest return on investment at 11.71%


Ajman’s real estate sector has witnessed significant growth, marked by notable increases in rents, per-square-foot prices, and Return on Investment (ROI) figures, sparked by heightened interest from both investors and homebuyers. Particularly, Ajman Downtown has emerged as a prime location for apartment acquisitions, boasting an outstanding ROI of 9.44 percent. This impressive figure highlights its increasing popularity and underscores its burgeoning value within the property market.

  • Al Yasmeen: Offers a desirable ROI of 6.15% for villa purchases.
  • Al Zorah: Attracts attention with an even higher ROI of 6.99%.
  • Annual apartment rents in Ajman range between Dh27,000 and Dh47,000.
  • Al Nuaimiya is a front-runner in apartment rentals with an average annual rent of Dh27,000 and an average sales price of Dh371,000.


According to analysts, Dubai’s residential property market is expected to stabilize this year, with sustained growth anticipated in the foreseeable future. Factors like favorable interest rates and policies promoting long-term residency have underpinned the market, defying expectations of a slowdown. Projections indicate continued price hikes in the coming year, albeit at a slower rate. The current double-digit growth will likely taper to single-digit figures, ranging between 5% and 7%. The ValuStrat Price Index, tracking property value changes, reflected a 19.9% increase in 2023. Prices surged in various areas, including:

  • Discovery Gardens by 26.4%
  • The Greens by 24.3%
  • Motor City by 20.7%
  • Town Square by 19.5%
  • Jumeirah Islands’ by 32.2%
  • The Palm Jumeirah by 31.9%
  • Dubai Hills Estate by 30.6%
  • Mudon by 27.2%

Experts have largely dismissed concerns about a potential property bubble, characterized by overpriced properties. They note that the market is evolving due to government and banking sector regulatory measures.

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