How much does an apartment on Ajman Corniche cost?

According to the Bayut Annual Report 2025: a 1-bed apartment averages AED 774,000, a 2-bed averages AED 1.10 million, and a 3-bed averages AED 1,671,000 — at an average of AED 542 per square foot, the second-highest price in Ajman after Al Zorah.

How much is the annual rent for an apartment on Ajman Corniche?

2025 averages: studio AED 18,000 a year, 1-bed AED 28,000, and 2-bed AED 42,000 (Bayut 2025).

What is the rental yield on Ajman Corniche?

The verified actual yield for apartments is 5.43% a year (Bayut 2025) — below the Ajman average because seafront purchase prices are higher, but the area recorded capital growth of +16% during 2025, which makes it a growth play more than an income play.

What are the notable new projects on Ajman Corniche?

The most notable is Mawjan Residence by Aqaar (Al Rumailah 2 / the Corniche) with advertised prices starting from around AED 583,000 and expected handover in Q4 2028, in addition to Dusit Thani Residences Ajman by Aqaar — the first hotel-branded residences by a global brand on Ajman's beach.

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Freehold — confirmed

Ajman Corniche: The Complete Area Guide 2026

Q: Is Ajman Corniche a freehold area for foreigners?

Yes, Ajman Corniche is one of Ajman's designated freehold areas under Amiri Decrees No. 7 and 8 of 2008, and non-nationals can own sea-facing apartments outright. We recommend confirming the status of the specific property with the Ajman Land Department before purchase.

Boundaries, amenities and access times are approximate

Ajman Corniche is the emirate's seafront address: a 4-kilometre promenade, Al Fisht Park, and Ajman's most-visited beach — lined with sea-facing residential towers under the freehold system. Its prices rank second after Al Zorah, and its capital growth reached +16% during 2025.

AED 542

Price per sq ft (sale)

+16%

Annual price growth

AED 774K

1-bed apartment — sale price

4 km

Seafront promenade

Source: Bayut Annual Ajman Report 2025. Last reviewed: July 2026.

Life on the Corniche

Who is this area right for?

For seafront lovers

Direct sea views, a 4 km promenade, the natural tidal pool and Al Fisht Park right below the tower — a daily beach lifestyle at a price far below its equivalent in Dubai and Sharjah.

For the capital-growth investor

Price growth of +16% during 2025 with the scarcity of seafront land — sea-facing supply is inherently limited, which supports prices over the long term.

For those seeking upscale living at a reasonable rent

The pleasant paradox: a studio on the Corniche averages 18,000 a year — the area's rents are still within reach for anyone who wants to live next to the sea.

Prices — sourced and verified

Ajman Corniche prices 2025/2026

Apartment sales

Indicator	Value	Annual change
Price per sq ft (sale)	AED 542	+16%
1-bed apartment	AED 774,000	—
2-bed apartment	AED 1,100,000	—
3-bed apartment	AED 1,671,000	—

Apartment rents (annual)

Type	Average rent
Studio	AED 18,000
1-bed	AED 28,000
2-bed	AED 42,000

Rental yield

Indicator	Value	Note
Verified actual yield (apartments)	5.43%	Bayut 2025 — realised figures
Area's position on yield	—	Below the emirate average; offset by +16% capital growth and the scarcity of seafront supply

Source: Bayut Annual Ajman Report 2025 — advertised averages; actual prices vary by unit, view and condition. Full Ajman price index →

Projects within the area

Off-plan near the Corniche

Mawjan Residence

By Aqaar in Al Rumailah 2 on the Corniche axis — advertised prices starting from around AED 583K and reaching AED 1.05M, with expected handover in Q4 2028 (we confirm the price and date with the developer before booking).

Dusit Thani Residences Ajman

By Aqaar — the first beachfront residences under a global hotel brand in Ajman, and a clear signal of the seafront's shift towards the luxury product.

All Ajman off-plan projects → Ask about sea-facing units

Prices and handover dates are from developers and property portals as of mid-2026 — they change constantly; we confirm them for you before booking.

Frequently asked

What people ask about Ajman Corniche

Is Ajman Corniche a freehold area for foreigners?

Yes — one of the designated freehold areas under Amiri Decrees No. 7 and 8 of 2008, and non-nationals can own sea-facing apartments outright. We confirm the status of every property with the Land Department before any deal.

How much is a 2-bed apartment on the Corniche?

An average of 1.10 million dirhams (Bayut 2025) — and it varies widely between units facing the sea directly and those at the rear.

Why is the rental yield here only 5.43%?

Because seafront purchase prices are higher while rents remain moderate. The Corniche is a capital-growth (+16% during 2025) and lifestyle choice more than an income one — anyone looking for the highest cash yield should compare it with Ajman Downtown or Emirates City. Run the numbers yourself.

Corniche or Al Zorah for living by the sea?

Both are freehold seafront. Al Zorah is an integrated resort with golf and mangroves at a per-foot price of AED 1,141; the Corniche is city life on a lively beach at a per-foot price of AED 542 — meaning entry to the Corniche costs less than half its equivalent in Al Zorah. Read the Al Zorah guide.

How much is the annual rent for a 2-bed on the Corniche?

An average of 42 thousand dirhams a year (Bayut 2025) — among the highest in Ajman, and it rises for units directly facing the sea.

Looking for a sea-facing apartment?

Our Corniche specialist knows the view from every tower — we reply within 90 seconds.

Talk to the Corniche specialist

Nearby areas: Al Zorah · Ajman Downtown · All areas — Tools: ROI calculator · Price index · Off-plan projects