The real estate report issued by the Department of Land and Real Estate Regulation in Ajman revealed that the value of real estate transactions during the month of February amounted to 827 million dirhams, with a growth of 4.3% compared to the same period in 2021.

His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, stressed that the positive results achieved by the real estate market reflect the attractiveness of the Emirate of Ajman for real estate investments of various types and sizes, in view of the many great ingredients and elements of attraction and quality of living and life in the emirate as a major factor in increasing the flow of population and investors of different nationalities to conduct their business in various sectors within a prepared environment and appropriate conditions to achieve success and desired goals.

Al Muhairi indicated that the department recorded 164 mortgage transactions with a total value of 171,828.420 million dirhams, where the highest mortgage value of 20.6 million dirhams was recorded in the “Al Jurf Industrial 1” area, and “Al-Yasmeen” neighborhood came at the top of the list of the most traded neighborhoods, followed by “Al Zahia” and “Al Alia”