Ajman property transactions hit Dhs2.42b in November, up 32%

Real estate transactions in the Emirate of Ajman totalled 1,552 deals in November, with an overall value of Dhs2.42 billion, marking a 32 per cent increase compared to the same period in 2024.

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Engineer Omar Bin Omair Al Muhairi, Director General of the Ajman Department of Land and Real Estate Regulation, said the property market maintained strong momentum in November, driven by the rising demand across all property types, reflecting investor confidence and interest in opportunities throughout the emirate.

He added that trading activity amounted to Dhs1.82 billion across 1,302 transactions.

Al Rumaila 2 recorded the highest single sale value at Dhs110 million, while the highest sale within real estate development projects was registered in Golf Estate at Dhs2.75 million.

November also saw 186 mortgage transactions valued at more than Dhs370.4 million, with Al Nuaimiya I posting the highest mortgage value at Dhs66 million.

Al Muhairi noted that Emirates City topped the list of the most traded major projects, followed by City Towers and Ajman One. Helio 2 led the list of the most traded neighbourhoods, ahead of Helio I and Al Zahya.

Real estate transactions in Ajman totalled 1,552 deals in November.

WAM

Real estate transactions in Ajman reached Dhs2.97 billion in September, achieving a remarkable growth of 53 per cent compared to the same period in 2024, according to real estate report issued by the Department of Land and Real Estate Regulation.