The Department of Land and Real Estate Regulation in Ajman announced the completion of 536 real estate valuation transactions during the third quarter of the current year, with a total value exceeding AED 2.3 billion.

Ahmed Khalfan Al Shamsi ,Director of Real Estate Registration, explained that valuation transactions for real estate project units amounted to 163 transactions with a total value of AED 106 million, while the department also recorded 426 valuation transactions related to Golden Residency investors, with a total value of AED 1.73 billion.

He stated that the data contained in the quarterly real estate report reflect the positive performance of Ajman’s real estate market, confirming the growth in investment volume amid strong competitiveness and a flexible investment strategy that continues to enhance investor confidence in the Emirate.

Al Shamsi further noted that the number of commercial property valuation transactions reached 112, marking an increase of 48.6% compared to the same period last year, with a total value of AED 1.22 billion, surpassing residential properties, which amounted to AED 545.9 million, while industrial properties ranked third with a total value of AED 533 million.