Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Lands and Real Estate Regulation, said that the total number of real estate transactions in the emirate reached 1,264 in August with a total value of over AED1.57 billion. The total trading volume amounted to AED950 million from 1,005 transactions. He pointed out that the "Helio 2" area recorded the highest sales value of AED38.7 million. Al Muhairi explained that real estate transactions in Ajman saw a growth of 4.6% compared to the same period in 2023, according to statistics from the real estate report issued by the department. He confirmed that Ajman's real estate sector is witnessing exceptional activity and continues to achieve positive rates, offering investment options and attracting more investors,…

  The real estate market in Ajman continues its upward trend, recording 1468 real estate transactions in July with a total value of over AED2 billion, a growth of 42.85 percent year-on-year.       Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Land and Real Estate Regulation, said that the Emirate of Ajman is witnessing a strong momentum and a remarkable increase in the number and volume of real estate transactions given the diversity of investment opportunities and the attractiveness of the business environment. He noted that the volume of transactions during July reached AED1.34 billion, with Al Rashidiya 1 recording the highest sales value of AED80 million.   He stated that the department recorded 280 mortgage transactions totalling…

Ajman’s rental market recorded a significant 49 percent increase in transaction value during the first half of 2024, reaching AED2.277 billion, according to the Ajman Municipality and Planning Department.   Abdulrahman Al Nuaimi, Director-General of the Department., said that the rise in transactions reflects Ajman’s growing appeal as a destination for living and investment, supported by government initiatives and infrastructure improvements.   He emphasised that Ajman’s strategic location and quality of life make it an attractive hub for residents and businesses alike. Ammar Abdul Karim Al Kayed, Director of the Rental Regulation Department, reported that residential rental contracts reached AED1.211 billion in H1 2024, while commercial and investment…

According to a report by Ajman's Land and Real Estate Regulatory Department, these transactions were distributed as follows: 2,039 transactions for citizens, totalling AED2.98 billion, and 5,139 transactions for foreign investors, totalling AED6.048 billion, reflecting an impressive 88 percent growth. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, highlighted the emirate's significant achievements across various sectors. He emphasised that the real estate sector's alignment with Ajman's continuous development and economic progress, attributing this success to the wise vision of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and the diligent efforts of H.H. Sheikh Ammar bin Humaid Al…

AJMAN - The Department of Land and Real Estate Regulation in Ajman will launch the building classification process in the emirate starting July 1st, 2024.   The process will continue for three months and will be carried out by a team of specialised and qualified professionals. This will closely examine the readiness of buildings and real estate facilities and their compliance with standards and regulations. Omar Al Muhairi, Director General of the Department, affirmed the criteria are ready to classify buildings according to international standards and specifications. This classification will ensure the quality of services, and facilitate investors regarding their investment decisions and options related to renting or purchasing any property in the emirate of Ajman. Al Muhairi…

Department of Land and Real Estate Regulation in Ajman completed 169 real estate valuation processes during May 2024 with a total value exceeding AED729.5 million. Ahmed Khalfan Al Shamsi, Director of Real Estate Registration, explained that the valuation covered commercial, residential, industrial, and agricultural units, with commercial property accounting for the largest share, AED437.2 million, up 197% compared to April 2024 and surpassing industrial properties, which had a total value of AED148.45 million.   Al Shamsi pointed out that the May report included individual valuation transactions, valuations for courts and institutions, and valuations for long-term golden residency visas for investors, which numbered 142 processes and exceeded AED334 million in total value,…

AJMAN - Omar bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation, has revealed that the latest quarterly real estate report showcased the registration of 400 real estate valuation transactions with a total value exceeding AED1.92 billion.   Al Muhairi highlighted a significant surge in personal valuation transactions, marking a 129% increase compared to the same period in 2023. Notably, the department recorded 277 real estate valuation transactions for golden visas for investors, totalling AED669 million.   He explained that the figures recorded during Q1 2024 reflect the continued momentum of the Ajman real estate market, which is maintaining its upward trajectory in light of the favourable investment environment, diverse…

AJMAN - The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023.   Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, commented, "The exceptional performance of the real estate sector reflects the emirate's sound economic leadership and its commitment to fostering a robust and competitive economy."   He further highlighted the significant contribution of the Ajman Real Estate Investment Exhibition in driving market momentum and achieving positive results.   The exhibition witnessed the conclusion of 336 real estate transactions worth AED195.8 million, underscoring investors…

witnessed 1169 real estate transactions in March, totalling AED1.46 billion. This marks a significant growth of over 49.9 percent compared to the same period in 2023.   Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, estimated the total volume of transactions during the same period to be AED1.03 billion, noting the highest sales value was recorded in the Al Helio 1 area at AED72 million.   He explained that the real estate sector in Ajman is thriving, marked by record-breaking numbers and outstanding performance. This success highlights Ajman's appeal to investors, meeting their diverse needs and aspirations. The emirate is experiencing growing demand across property types, with sales continuously rising…