The Real Estate Report issued by the Department of Land and Real Estate Regulation in Ajman revealed the registration of 1,920 real estate transactions during the past month of July, with a total value exceeding AED 3.25 billion, marking a remarkable growth of 62.5% compared to the same period last year.

Ahmed Khalfan Al Shamsi, Acting Director General of the Department of Land and Real Estate Regulation, confirmed that the highest recorded sale transaction was in Al Helio 1, with a value of AED 56 million, noting that Ajman’s real estate market achieved record figures during July and maintained its momentum and upward performance, with the total trading volume exceeding AED 1.95 billion from a total of 1,593 trading operations.

He pointed out that 178 mortgage transactions were recorded, with a total value exceeding AED 432 million, with the highest mortgage value recorded at AED 110 million in the Industrial area 2.

The “Emirates City” project topped the list of most traded major projects, ahead of both the “City Towers” and “Ajman One” projects. Meanwhile, “Al Helio 2” ranked first among the most traded districts, followed by “Al Manama 14” and “Al Yasmeen”.