The Ajman real estate market is still growing, as evidenced by the 1468 transactions recorded in July, which had a combined value of over Dhs2 billion. This represents an annual growth of 42.85%.
Given the variety of investment opportunities and the allure of the business environment, Omar bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation, stated that the Emirate of Ajman is experiencing a strong momentum and a notable increase in the number and volume of real estate transactions. He said that Dhs1.34 billion worth of transactions were made in July, with the highest sales value of Dhs80 million coming from Al Rashidiya 1.
He said that the department had 280 mortgage transactions totalling Dhs489 million, with the Ajman Industrial 2 area recording the highest mortgage value of Dhs75 million. He went on to say that the Al Helio 2 area was the most traded neighbourhood, followed by Al Zaheya and Al Yasmeen, and that Emirates City was the most traded major project, ahead of Ajman One and City Towers.
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