Ajman One Phase 2 By Aqaar: December 2026 Handover in Ajman Downtown
Aqaar Properties is delivering the second phase of Ajman One, a residential development in Ajman Downtown. The project offers 1-bedroom, 2-bedroom, and 3-bedroom apartments alongside 4-bedroom townhouses, priced at AED 700,000. The down payment requirement is 5%, and construction targets a December 2026 handover. Work began in August 2024 and the project is approaching its final months.
The combination of a low entry threshold, a diverse unit mix, and a short remaining construction period makes this an efficient entry point for buyers focused on the northern UAE corridor.
Ajman Downtown: What the Address Means in Practice
Ajman Downtown is the administrative and commercial core of Ajman emirate. The district is compact, mixed-use, and more walkable than most UAE suburbs, with retail, restaurants, government services, and day-to-day conveniences within reach on foot. For residents who want to run basic errands without getting in a car, the location delivers something unusual for the UAE.
The district sits roughly 20 minutes by car from central Sharjah and 30 to 35 minutes from Dubai International Airport. Residents commuting to Sharjah, Umm Al Quwain, or elsewhere in the northern Emirates will find the drive manageable. For those travelling to Dubai, Business Bay and Downtown Dubai run closer to 50 minutes in ordinary traffic.
Ajman Downtown borders the emirate's Corniche waterfront, giving residents access to a public seafront promenade and beach within the immediate neighbourhood. That proximity to the water is a quality-of-life factor that the address delivers without a premium price.
The location suits two buyer profiles: investors targeting residential yield in an affordable market, and owner-occupiers who want more space per dirham in a central address with easy access to Sharjah and the UAE north.
Being Phase 2 of an established development carries a practical advantage. Common infrastructure from Phase 1 is already in place, the community is partially settled, and residents are not moving into a half-built neighbourhood. The surrounding area is a functioning urban environment, not a development site waiting to fill in.
What AED 700,000 Gets You Here
The listed price is AED 700,000. The unit mix covers 1-bedroom, 2-bedroom, and 3-bedroom apartments plus 4-bedroom townhouses, a range that addresses very different buyers within a single development.
The apartments suit single residents, couples, and investors looking for a manageable city-centre unit with low running costs. The four-bedroom townhouses target families who need a ground-level layout, separate floors, and more storage, without the cost and maintenance overhead of a freestanding villa.
What the Amenity Set Tells You
| Category | Amenity |
|---|---|
| Security | CCTV Security |
| Fitness | Gymnasium |
| Recreation | Shared Pool |
| Family | Children's Play Area |
| Outdoor | Barbecue Area |
Five amenities cover the practical baseline for a residential project at this price point. A shared pool and gym are what residents in this segment expect, and both are present. The children's play area suits the family-oriented unit mix, particularly buyers in the four-bedroom townhouses.
The barbecue area indicates a development targeting households who use shared outdoor space socially, not just functionally. The overall set is consistent in scope and character with the price point and location. Residents are not paying for premium amenities, and nothing on the list is missing that a buyer at this price point would reasonably expect.
December 2026: Six Months from Handover
Construction started in August 2024. Handover is expected in December 2026, approximately six to seven months from now. For an off-plan buyer entering today, the remaining wait is short.
Buyers who prefer to avoid multi-year off-plan exposure will find the timeline useful. The construction cycle is advanced and the completion date is within sight. There is limited time for pre-handover price appreciation, but also limited exposure to delivery uncertainty. The project is not at its beginning.
Getting In for 5%
The payment plan requires a 5% down payment at entry. That is a low initial commitment for an off-plan unit and reduces the capital deployed before construction completes.
The low down payment makes the project accessible to buyers who prefer not to commit large capital sums upfront, particularly at this late stage of the construction cycle.