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Aqaar Developer

Aqaar ("real estate" in Arabic) is the government corporation of the Emirate of Ajman responsible for real estate development and management. It was established in 2016 under Emiri Decree No. 9 issued by Sheikh Humaid bin Rashid Al Nuaimi (Ruler of Ajman and member of the Supreme Council), merging two earlier government entities — the Department of Private Properties (1999) and Real Estate Investments Public (2002). Its mandate: to lead, restructure and regulate the real estate sector in Ajman.

Founded 2016 Founder Sheikh Humaid bin Rashid Al Nuaimi (Ruler of Ajman) HQ Ajman, United Arab Emirates RERA registered
2016
Founded
Budget to mid-range
Segment
Government-owned
Status
THE TRACK RECORD

Aqaar Developer's record.

The leading government player in Ajman — responsible for the planning, development, management and regulation of real estate across the emirate. Its key advantage: government-backed security for buyers in the entry-level category.

Delivery record

Aqaar was established in 2016 through the merger of two earlier government bodies: the Department of Private Properties (1999, Decree No. 3) and Real Estate Investments Public (2002, Decree No. 15). Its principal projects are Ajman Corniche Residences (waterfront) and Ajman One Towers (family-friendly).

Financial strength

Full government backing from the Emirate of Ajman.

Founded2016
FounderSheikh Humaid bin Rashid Al Nuaimi (Ruler of Ajman)
HQAjman, United Arab Emirates
TypeGovernment-owned public corporation
Active projects2
Entry pricefrom 1M AED
SIGNATURE COMMUNITIES

Aqaar Developer flagship destinations.

Waterfront community
Ajman Corniche Residences
Ajman Corniche — studios up to 3-bedroom apartments with sea views and beachfront living
Family community
Ajman One Towers
Family-friendly community — studios up to 3-bedroom apartments, playgrounds, pools, gyms, 24/7 security
WHAT SETS THEM APART

What makes Aqaar Developer special.

Property types ApartmentsCommercial
Price segment Budget to mid-range

Signature style

Family-friendly developments with complete amenities (playgrounds, pools, gyms, 24/7 security). Studios up to 3-bedroom apartments. Budget-friendly entry prices — appealing to first-time buyers and landlords seeking stable rental income.

2 ACTIVE PROJECTS

All projects by Aqaar Developer.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Aqaar Developer.

What is Aqaar?+

The government real estate corporation of the Emirate of Ajman — established in 2016 under Emiri Decree No. 9, merging two earlier government bodies. The name "Aqaar" means "real estate" in Arabic.

Who owns the developer?+

Aqaar is a government-owned public corporation of the Government of Ajman, led by Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman and member of the Supreme Council of the United Arab Emirates.

What are the main projects?+

Ajman Corniche Residences (waterfront apartments, studio to 3BR) and Ajman One Towers (a family-friendly community with full amenities).

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