As the UAE’s real estate sector continues to thrive, the Northern Emirates are emerging as a key player in the market, ready to capture the spotlight in 2025. With rapid infrastructure development, competitive property prices, and growing investor interest, regions like Ras Al Khaimah, Ajman, Sharjah, and Umm Al Quwain are carving a niche in the country’s booming real estate landscape. This year promises to be a turning point, highlighting the Northern Emirates’ potential as attractive hubs for residential, commercial, and tourism-focused investments.
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1. Ras Al Khaimah
Shattering Sales Records
2. Sharjah
As of November 2024, Sharjah’s real estate market achieved impressive milestones, recording AED 4 billion in transactions across 4,606 deals, spanning a total of 20.4 million square feet. These robust figures, supported by visionary leadership, reinforce Sharjah’s status as a key real estate hub and a leading global economic region.
3. Ajman
As of Q3 2024, Ajman recorded 1,277 real estate transactions worth AED 1.95 billion, with trading volume surpassing AED 1.4 billion across 1,033 deals. Real estate activity grew by 21.8% compared to the same period in 2023, with the “Rumaila 3” district leading in sales at AED 100 million. Ajman’s flexible market, high-quality properties, and competitive offerings continue to attract diverse investors, catering to varying needs and preferences.
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4. Umm Al Quwain
Siniya Island, Umm Al Quwain, UAE.
The luxury development of Siniya Island is taking shape on one of the UAE’s largest natural islands, set to redefine Umm Al Quwain. Valued at $5 billion, the first phase of Sobha Siniya Island will feature 8,000 units, accommodating over 25,000 residents upon completion. Phase 1 of the project has witnessed huge success, with more success to come by 2025, redefining luxury living in this tranquil emirate.