Driven by soaring rents in Dubai and Sharjah, Ajman witnessed a remarkable 50% surge in lease contracts in 2024, handling nearly AED 4.93 billion in rental transactions, making it an attractive budget alternative for expatriates. Studios in Ajman now start at AED 22,000 annually, offering significant cost savings compared to nearby emirates. The influx of budget-conscious expats accepting longer commutes highlights a trade-off between affordability, emerging infrastructure, and community lifestyle. Ajman’s growth raises questions about its sustainability amidst increasing demand and potential rent escalations.
