Ajman Golden Visa Investors Lead $112M in Property Valuations After April Reforms

Ajman’s property sector continues to be shaped by Golden Visa demand, with nearly 70% of valuations in August 2025 linked directly to residency applications.

The Department of Land and Real Estate Regulation reported 155 property valuations worth $112.7 million in August, of which 107 valuations valued at $48.3 million were connected to Golden Visa applications.

In July, Golden Visa-linked valuations had surged even higher, reaching $354 million across 195 cases, accounting for 89% of total activity that month.

While August reflected a pullback, Golden Visa demand remains the dominant driver of Ajman’s valuation market.

Impact of April 2025 Reforms

The shift follows the enactment of Law No. (1) of 2025, issued in April by Sheikh Humaid bin Rashid Al Nuaimi.

The law introduced a real estate contribution system that allows multiple investors to pool funds to meet the AED 2 million ($544,588) property threshold for Golden Visa eligibility.

Key features include:

• A centralized register documenting developer details, investor shares, and project specifications

• Coverage of undeveloped land for joint projects, dilapidated buildings for redevelopment, and under-construction projects

• Oversight and licensing by the Department of Land and Real Estate Regulation

The contribution model lowers the capital barrier for residency seekers while maintaining the program’s minimum requirements. This reform built on an earlier 2024 change that eliminated the AED 1 million down payment, which had already fueled a nationwide surge in Golden Visa property investments.

Market Growth in Ajman

Ajman’s broader real estate sector has also expanded alongside residency-linked demand:

• $3.38 billion in real estate transactions were recorded in the first half of 2025, up 37% year-on-year.

• Business licensing reflected similar momentum, with professional licenses rising 37% and new investors up 24% in H1 2025.

• In August 2025, Ajman recorded $517 million in transactions across 1,389 deals, marking a 21% year-on-year increase, even though activity cooled from July’s peak of $884.8 million.

Outlook

Officials noted that July’s spike reflected investors quickly repositioning assets under the new contribution system, while August’s results indicate a transition toward steadier, sustainable growth.

With Golden Visa-linked valuations now accounting for 69% of activity, Ajman has firmly established itself as a leading hub for residency-driven real estate investment in the UAE.