Please ensure Javascript is enabled for purposes of website accessibility AED 1,02 Billion, real-estate transactions of January 2023 in Ajman - 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: 0 AED
  • Top Section: : 0
  • Top Sector: : 0
AED 1,02 Billion, real-estate transactions of January 2023 in Ajman

February 16th, 2023 News

AED 1,02 Billion, real-estate transactions of January 2023 in Ajman

  • Share

Back to news listing

His excellency, Eng. Omar Bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation-Ajman, confirmed that real-estate market witnessed notable activity during January of this year. The Department registered 961 real-estate transactions with a total value of AED 1,02 Billion, whereas trading volume amounted to AED 640 Million out of 712 total real-estate transactions, and the highest value was registered at “Helio 2” with an amount of AED 35 million.

Director-General of the Department of Land and Real Estate Regulation said that the positive performance of the real-estate market and the figures recorded since early 2023, reflect investors’ confidence and confirm the attractiveness and competitiveness of the real estate sector in Ajman, which consistently continues to achieve progressive rates of development, and make it the aim of entrepreneurs and the preferred destination of local and international investors, especially due to many facilities, incentives and attractions available in the Emirate.

Al Muhairi stated that the Department recorded 199 mortgages during January with a total value of AED 270 million, and the highest mortgage recorded was at “Industrial 2” with an amount of AED 48,4 million. “Al-Zahia” avenue came at the top of the list of most traded avenues followed by “Al-Yasmeen” and “Al-Bahia” respectively. Additionally, “Ajman One” project came out at the top of the List of the most traded major projects, ahead of both “Emirates City” and “Horizon Towers”.

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–3:30 pm
Fri: 7:30 am – 12:00 pm