Please ensure Javascript is enabled for purposes of website accessibility 808 million dirhams, the volume of real estate transactions - Department of Land and Real Estate Regulation

Latest Posts

  • 4.6 billion dirhams Total Real Estate Valuation in Ajman during the First Half of the year
  • 1.4 Billion Dirhams, the Volume of Real Estate Transactions in Ajman
  • Ajman Lands holds a Workshop on Organizing the Registration of Real Estate Units
  • The Department of Lands and Real Estate Regulation is the first entity in Ajman to join the UAE’s Digital Portfolio
  • Real estate transactions of 1.9 billion dirhams in Ajman during May 2023

Ajman Live

  • Total Transactions: 185,904,485 AED
  • Top Section: الحليو 2 : 85,246,000
  • Top Sector: الشرقي : 129,298,300
808 million dirhams, the volume of real estate transactions

December 7th, 2022 News

808 million dirhams, the volume of real estate transactions

  • Share

Back to news listing

The Department of Lands and Real Estate Regulation in Ajman announced the registration of 824 real estate transactions during the month of October, with a total value of 808 million dirhams, while the total volume of transactions was estimated at 576 million dirhams, as “Al Nuaimiya 1” witnessed recording the highest sales value of 37.5 million dirhams.

His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Lands and Real Estate Regulation, said that the general performance of the real estate market in Ajman reflects the increase in direct demand for real estate and confirms the continuous boom that this sector is witnessing thanks to the stimulating investment environment and the supportive government facilities that have significantly contributed to enhancing the attractiveness and success of the Emirate of Ajman in attracting more foreign investments, which is a strong indication of the solidity of the real estate sector and its suitability to the aspirations of investors.

Al-Muhairi indicated that the department recorded 118 mortgage transactions, with a total value of 162 million dirhams, where the highest mortgage value was recorded at 7.6 million dirhams in the “Al-Hamidiyah 2” area, and the “Al-Yasmine” neighborhood came on top of the list of the most heavily traded neighborhoods, followed by “Al-Zahia” and “ Bahia”. The “Emirates City” project topped the list of the most actively traded projects, ahead of the “Ajman One” and “Al Khor Towers” projects.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

location
HQ

Al Imam Malik Bin Anas Street,
Al Jurf, Ajman, United Arab Emirates

customer
Customer Care

Phone: +971 6 703 8888, Fax: +971 6 703 8800
Email:info@ajmanre.gov.ae

working
Working Hours

Mon – Thu: 7:30 am–5:00 pm
Fri: 7:30 am – 12:00 pm
Sat: 9:00 am – 12:00 pm