The real estate report issued by the Ajman Department of Land and Real Estate Regulation revealed the completion of 177 real estate valuation transactions during the month of November, with a total value amounting to AED 604 million.

Ahmed Khalfan Al Shamsi, Acting Director General of the Ajman Department of Land and Real Estate Regulation, affirmed that the valuation activities covered commercial, residential, industrial, as well as agricultural properties. Commercial properties accounted for the largest share of the total valuation value at AED 251.4 million, ahead of residential properties whose total value exceeded AED 222 million, while industrial properties ranked third with a value of AED 122 million.

Al Shamsi added that the November report included personal valuation transactions and valuations related to courts and institutions, in addition to valuations associated with long-term Golden Residency permits for investors, which amounted to 159 transactions with a total value exceeding AED 384 million.