The Department of Land and Real Estate Regulation in Ajman recorded 1,227 real estate transactions during the month of January with a total value of 1.53 Billion Dirhams, while the trading volume reached 1.05 Billion Dirhams out of a total of 882 real estate transactions, and the highest sales value was recorded in the “Al Jurf 2” area, with a value of 165.5 million dirhams.
1,227 real estate transactions were registered during the month of January
His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that January statistics indicated a noticeable growth in the volume of real estate transactions by more than 63.5% compared to the same period of the year 2023, which reflects the quality of the real estate market in Ajman and confirms the positive upward performance. Especially in light of the increasing demand for real estate investment in various regions of the emirate, which offers promising investment opportunities and offers exceptional competitive facilities and incentives.
259 mortgage transactions
Omar Al Muhairi explained that last January witnessed 259 mortgage transactions with a total value of 254 Million Dirhams. The highest mortgage value was recorded at 12 Million Dirhams in the “Mohamed bin Zayed 2” area, and the “Yasmine” neighborhood came at the top of the list of the most popular neighborhoods, followed by “Al Zahia” and “Al Helio 2”, respectively, and the “Emirates City” project also topped the list. “The list of the most popular major projects is ahead of both the “Ajman One” and “Madina Towers” projects.