Real estate transactions in Ajman during last December amounted to AED 2.28 billion, achieving a record growth of 102% compared to the same period in 2023, according to statistics included in the real estate report issued by the Department of Lands and Real Estate Regulation.

His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, confirmed that the number of real estate transactions during the month of December reached 1169 real estate transactions, while the number of real estate trades reached 935 trading operations with a total value exceeding 1.86 billion dirhams, explaining that the “Al Jurf 1” area witnessed the highest sales value of 300 million dirhams.

He added that the Ajman real estate market is witnessing unprecedented growth and achieving record numbers that reflect the quality of the sector, the diversity of investment opportunities, and their suitability for various segments of investors interested in practicing their business in the Emirate of Ajman and benefiting from its exceptional advantages and high competitiveness.

The Director General of the Department of Land and Real Estate Regulation pointed out that 148 mortgage transactions were registered, with a total value exceeding AED 252.8 million, with the highest mortgage value recorded at AED 11.2 million in the “Al Jurf Industrial 3” area.

The “Emirates City” project topped the list of the most traded major projects, ahead of both “City Towers” ​​and “Ajman One” projects, while “Al Helio 2” topped the list of the most traded neighborhoods, followed by “Al Zahia” and “Al Yasmeen”.