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February 11th, 2025 News,Latest News
1.57 Billion Dirhams in Ajman Real Estate Transactions during January 2025
The Department of Land and Real Estate Regulation in Ajman announced the registration of 1,321 real estate transactions during the past month of January, with a total value of 1.57 billion dirhams, while the trading volume amounted to 1.26 billion dirhams out of a total of 1,044 real estate transactions, and the highest sales value was recorded in “Al Zahia” area, with a value of 50 million dirhams.
His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that the statistics for the month of January reflect the positive performance of the real estate market, which recorded a growth in the volume of real estate transactions by more than 20% compared to the same period in 2024, which confirms the quality of the real estate sector in Ajman and heralds a promising future in light of the available investment components and opportunities across the various regions of the Emirate.
He explained that last January witnessed 175 mortgage transactions with a total value of AED 257.7 million, where the highest mortgage value was recorded at AED 23.8 million in the “Ajman Industrial 1” area, and “Al Helio 2” neighborhood came at the top of the list of the most traded neighborhoods, followed by “Al Yasmeen” and “Al Zahia” respectively, while the “Emirates City” project topped the list of the most traded main projects, ahead of both “Ajman One” and “City Towers” projects.
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