His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the month of July witnessed 220 real estate valuation transactions, with a total value amounting to AED 1.48 billion, reflecting a notable growth of 201% compared to the month of June.

He pointed out that the valuation activities included commercial, residential, industrial, with commercial properties claiming the largest share of the total valuation value at AED 943 million, ahead of residential properties, which amounted to a total value of AED 198 million, while industrial properties ranked third with a total of AED 336 million.

The Director General clarified that the July report included personal valuation transactions, court and institutional valuations, as well as valuations related to long-term Golden Residency permits for investors, which accounted for 195 transactions, with a total value exceeding AED 1.3 billion, reflecting a significant increase of 273%.