The Real Estate market in Ajman continued its upward trend, recording 1,468 Real estate transactions during the past month of July, with a total value exceeding 2 billion dirhams, with a growth of 42.85% compared to the same period in 2023.

His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, confirmed that the Emirate of Ajman is witnessing a strong momentum and a noticeable increase in the number and size of real estate transactions, given the diversity of investment opportunities and the attractiveness of the business environment, noting that the volume of transactions during the month of July amounted to AED 1.34 billion, with “Al Rashidiya 1” recording the highest sale value of AED 80 million.

He pointed out that the Department recorded 280 mortgage transactions with a total value of AED 489 million, with the highest mortgage value of AED 75 million recorded in the “Industrial 2” area, explaining that the “Al Helio 2” neighborhood topped the list of the most traded neighborhoods, followed by “Al Zahia” and “Al Yasmeen”, while the “Emirates City” project topped the list of the most traded main projects, ahead of both “Ajman One” and “City Towers” projects.