Ajman One Phase 2 is an ambitious off-plan project by Aqaar Properties, one of the famous real estate developers in Ajman. It is strategically placed in the heart of Ajman Downtown, within the established Ajman One community.
This particular modern residential development is a Freehold property, granting full ownership rights to eligible buyers. It gives a diverse mix of unit types, adding affordable Studio, 1, 2, and 3 Bedroom Apartments, and spacious 4 Bedroom Townhouses.
The highly attractive beginning price for units is AED 316,000 for a Studio Apartment. The project consists of one building (or a single phase of buildings) within the larger master development.
Construction began in August 2024, with the expected completion plus handover date set for November 2026 (Q4 2026). The government fee (Ajman Land Department Transfer Fee) is usually 3% of the property value plus admin/registration fees in Ajman.
Property Details
| Feature | Details |
| Developer | Aqaar Properties |
| Location | Ajman Downtown, Ajman One – Phase 2, Ajman |
| Property Type | Apartment (Studio, 1, 2, 3 BR) & Townhouse (4 BR) |
| Starting Price | From AED 316,000 |
| Government Fee | Approx. 3% Ajman Land Dept. Fee (Buyer to confirm) |
| Unit Status | Off-Plan (Under Construction) |
| Ownership | Freehold |
| Estimated Completion | November 2026 (Q4 2026) |
| Views | Scenic views of the city and potentially partial views of Ajman Corniche |
Features & Amenities
Ajman One Phase 2 is made to give residents with a superior living experience, balancing urban convenience with world-class facilities:
- Recreation & Wellness:
- Swimming Pool (Shared Pool).
- Fitness Center/Gymnasium (Up-to-date and fully equipped).
- Walking and Jogging Tracks/Trails.
- Barbecue Area.
- Family & Community:
- Children’s Play Areas (Fun and safe spaces).
- Green Spaces and Community Parks (for leisurely outdoor activities).
- Clubhouse.
- Convenience & Security:
- 24/7 Security and CCTV Surveillance.
- Retail Outlets (Convenient services within the community).
- Designated Parking Spaces.
Location & Connectivity
The development enjoys a prime strategic location in Ajman Downtown, giving easy access to major city landmarks and key transportation routes:
- Ajman Local Access:
- Ajman Corniche: 5 Minutes
- Ajman Marina: 10 Minutes
- Proximity to major streets for effortless commuting.
- Airport Access:
- Sharjah International Airport: 15 Minutes
- Dubai International Airport (DXB): 30 Minutes
Payment Plan
The payment plan for Ajman One Phase 2 is designed to be highly accessible, beginning with a low down payment. Further details on the installment structure (such as 1% monthly payments, which is common for Aqaar) should be confirmed with the developer.
| Stage | Percentage | Notes |
| Down Payment | 5% | At Sales Launch |
| Balance | To Be Determined | Remaining percentage, often structured with post-handover payments (potential 1% monthly installments – confirm with agent). |
| On Handover | To Be Determined | A portion of the payment is typically due upon completion (Q4 2026). |
Note: A specific and detailed payment schedule, including the total percentage paid pre and post-handover, is available upon request.
Floor Plans
Ajman One Phase 2 gives a range of unit sizes and layouts to suit various lifestyles, from single professionals to large families:
| Unit Type | Size Range (SQ. FT.) |
| Studio Apartment | Call for Details |
| 1 Bedroom Apartment | Call for Details |
| 2 Bedroom Apartment | Call for Details |
| 3 Bedroom Apartment | Call for Details |
| 4 Bedroom Townhouse | Call for Details |
Note: Detailed floor plans and exact size ranges for all unit types are available upon request.
Why Invest in Ajman One Phase 2
- Unbeatable Entry Price: Starting from AED 316,000, this is one of the most affordable freehold opportunities in the UAE.
- Freehold Ownership: Offers full, unrestricted ownership rights for all nationalities, ensuring long-term value and investment security.
- Prime Central Location: Situated in Ajman Downtown, providing residents with an exceptional blend of urban convenience and proximity to the Corniche and major highways.
- Reputable Developer: Built by Aqaar Properties, a trusted name known for its quality projects in Ajman, including the successful Ajman One community.
- High Rental Yield Potential: Due to the low starting price and central location, the apartments are positioned for strong rental demand and potential returns on investment.
FAQs About Ajman One Phase 2
Q: Who is the developer of Ajman One Phase 2?
A: The developer is Aqaar Properties.
Q: Is Ajman One Phase 2 a freehold property?
A: Yes, Ajman One Phase 2 is a freehold property, granting full ownership to buyers.
Q: What is the starting price for units?
A: The starting price is AED 316,000 for a Studio Apartment.
Q: When is the expected delivery date?
A: The expected completion and handover date is November 2026 (Q4 2026).
Q: What housing options are available?
A: The options include Studios, 1, 2, and 3 Bedroom Apartments, and 4 Bedroom Townhouses.
Contact Cresco Real Estate Today
Ready to capitalize on this affordable freehold investment opportunity in Ajman Downtown? Contact our expert team at Cresco Real Estate for the full payment details and unit availability.
| Contact Method | Details |
| Phone | +971 52 102 1429 |
| info@crescorealestate.ae |
Call or email us now to secure the remaining units in Ajman One Phase 2 and receive the full payment plan!
More about Downtown Dubai
Read the Cresco area guide to Downtown Dubai. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Downtown Dubai area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Downtown Dubai
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 270 residential sales were registered in Downtown Dubai. The median was AED 2,987,500 and the middle half fell between AED 2,000,000 and AED 4,637,500. This project is advertised from AED 316,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Downtown Dubai was AED 2,010,000 across 95 sales, at AED 2,221 per square foot and a median size of 887 sq ft.
| This project, advertised entry price | AED 316,000 |
| Registered median price, Downtown Dubai | AED 2,987,500 |
| Middle half of registered sales | AED 2,000,000 to AED 4,637,500 |
| Registered median per sq ft | AED 2,566 |
| Registered median unit size | 1,189 sq ft |
| Share bought off plan | 19% |
| Ready stock, median per sq ft | AED 2,454 from 218 sales |
| Off plan stock, median per sq ft | AED 3,397 from 52 sales |
| Registered residential sales in the period | 270 |
Registered sales by bedroom count in Downtown Dubai
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 19 | AED 1,260,000 | AED 2,438 | 497 sq ft |
| 1 B/R | 95 | AED 2,010,000 | AED 2,221 | 887 sq ft |
| 2 B/R | 102 | AED 3,700,000 | AED 2,651 | 1,374 sq ft |
| 3 B/R | 40 | AED 7,000,000 | AED 3,548 | 2,013 sq ft |
| 4 B/R | 13 | AED 25,000,000 | AED 4,118 | 5,300 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Downtown Dubai
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Downtown Dubai recorded 10,079 registered rental contracts and 1,495 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 141 per sqft against a ready sale price of AED 2,758 per sqft. That is a gross yield of 5.1% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Downtown Dubai moved +3.1 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -9.9%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 636 | 77,982 | 151 | n/a |
| 1 bedroom | 4,391 | 117,795 | 135 | n/a |
| 2 bedroom | 3,782 | 193,414 | 142 | +0.4 |
| 3 bedroom | 1,191 | 295,134 | 151 | +1.9 |
| All apartments | 10,079 | 174,328 | 141 | +3.1 |
Full Downtown Dubai guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 31 August 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to August 2026.
