For sale: 5000 sqft plot in Al Muwaihat 2

Type

Land

Purpose

Sale

Updated

17th May 2026

Completion Status

Ready

The asking price of AED 1,000,000 for a 5,000 sq ft plot in Al Muwaihat 2, Ajman, is generally well-priced for the current market. However, you need to verify the exact zoning permissions (residential vs. commercial) and ownership type (GCC vs. expatriate freehold) to finalize its true market value.

Step 1: Calculate the Key Metrics

Plot Size: 5,000 square feet (approx. 464.5 square meters).
Dimensions: 15 meters width by 30 meters length (standard rectangular shape, ideal for a residential villa).
Price per Square Foot: AED 200 per sq ft (AED 1,000,000 / 5,000 sq ft).

Step 2: Evaluate Market Positioning

Residential Plots: In Al Muwaihat 2, standard residential villa plots typically range between AED 160 to AED 220 per sq ft depending on corner location, proximity to paved roads, and nearby utility connections. At AED 200 per sq ft, this plot sits comfortably within a realistic market bracket.
Commercial/Residential (G+4 or G+2): If this plot is zoned for a residential building or commercial use, AED 1,000,000 is an excellent deal, as commercial plots in this area command a higher premium.

Posted on: 17th May 2026