In August, the total value of real estate transactions in Ajman reached 1.9 billion dirhams, marking a 21% increase compared to the same period in 2024, as reported in the real estate report issued by the Department of Land and Real Estate Regulation.
Engineer Omar bin Omair Al-Muhairi, the Director General of the Department, stated that there were 1,389 real estate transactions during August, with 1,116 of those being sales transactions totaling over 1.39 billion dirhams. He highlighted that the ‘Al-Amirah’ area recorded the highest sale value at 100 million dirhams.
Investment Opportunities
Al-Muhairi explained that these figures reflect the strength of the real estate sector and the diverse investment opportunities available, catering to various investor segments looking to operate in Ajman and capitalize on its notable features and competitiveness. Furthermore, there were 214 mortgage transactions recorded in August, amounting to over 285 million dirhams, with the highest mortgage value reaching 33 million dirhams in the ‘Liwara 2’ area.
The ‘Emirates City’ project led the list of the most traded major projects, surpassing both the ‘City Towers’ and ‘Ajman One’ projects. Additionally, the ‘Al-Hiliu 2’ neighborhood was the most active in transactions, followed by ‘Al-Hiliu 1’ and ‘Yasmeen.’