His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the month of November witnessed 1,345 real estate transactions with a total value of AED 1.84 billion, while the total volume of transaction was estimated at AED 1.35 billion out of a total of 1,1025 transactions.
His Excellency explained that the real estate market in Ajman maintained its momentum and recorded a strong performance, as the number of real estate transactions increased by 27% compared to the same period of 2023, according to the figures and statistics shown by the Ajman Real Estate Index. Al Jurf 1 Area witnessed the highest sale value of AED 56 million.
The Director General of the Department of Land and Real Estate Regulation pointed out that the month of November witnessed 159 mortgage transactions with total value of AED 242 million, where the highest mortgage value was recorded at AED 21.25 million in “Al Jurf Industrial Area 1”.
“Al Helio 2” came at the top of the list of the most traded neighborhoods, followed by “Al Yasmeen” and “Al Zahia”. The “Emirates City” project also topped the list of the most traded major projects, ahead of both the “Ajman One” and “City Towers” projects.