Renting vs Buying in Falcon Towers Ajman
Renting vs Buying in Falcon Towers Ajman: Which Option is Right for You
Deciding between renting and buying a property in Falcon Towers Ajman? This modern residential complex offers luxury living at competitive prices—but which choice makes more financial sense? We break down the costs, benefits, and key factors to help you make the best decision.
Why Consider Falcon Towers Ajman?
Falcon Towers is a premium residential development in Ajman’s Al Rawda area, known for:
- Modern apartments (1-3 bedrooms with high-end finishes)
- Prime location (near Sheikh Mohammed Bin Zayed Road, 25 mins from Dubai)
- Amenities (gym, swimming pool, 24/7 security, and retail spaces)
- Affordable prices compared to Dubai
Whether you're an expat, investor, or first-time buyer, Falcon Towers is worth considering. But should you rent or buy? Let’s compare.
Renting in Falcon Towers Ajman: Pros and Cons
✔ Advantages of Renting
- Lower upfront costs – No down payment or mortgage fees
- Flexibility – Easier to relocate if needed
- Maintenance included – Repairs are typically the landlord’s responsibility
- No long-term commitment – Ideal for expats on short-term contracts
✖ Disadvantages of Renting
- No equity buildup – Monthly payments don’t build ownership
- Rent increases – Landlords may raise prices annually
- Limited customization – Restrictions on renovations
Current Rental Prices
Apartment Type | Average Annual Rent (AED) |
1-Bedroom | 25,000 – 35,000 |
2-Bedroom | 35,000 – 50,000 |
3-Bedroom | 50,000 – 70,000 |
Buying in Falcon Towers Ajman: Is It Worth It?
- Long-term investment – Property values in Ajman are rising
- Stable payments – Fixed mortgage rates vs. fluctuating rents
- Ownership freedom – Renovate or lease as you wish
- Potential rental income – Earn passive income if you lease it out
- Higher initial costs – Down payment (usually 20-25%) + registration fees
- Maintenance responsibility – Repairs come out of your pocket
- Market risks – Property values may fluctuate
Current Purchase Prices
Apartment Type | Average Price (AED) |
1-Bedroom | 400,000 – 600,000 |
2-Bedroom | 650,000 – 900,000 |
3-Bedroom | 950,000 – 1.3M |
Key Factors to Help You Decide
Renting vs Buying: Cost Comparison
Factor | Renting | Buying |
Upfront Cost | 1-3 months’ rent (AED 3,000–10,000) | 20-25% down payment (AED 80,000–300,000+) |
Monthly Cost | AED 2,500–6,000 (rent) | AED 3,500–8,000 (mortgage) |
Maintenance | Landlord covers most repairs | Owner’s responsibility |
Long-Term Benefit | No equity | Potential appreciation + ownership |