AJMAN – Ajman Municipality and Planning Department announced that the value of rental transactions has increased in 2024. The total value of lease contracts reached AED4.929 billion. The value of lease contracts recorded a growth of AED1.646 billion, with an increase of 50.13% compared to 2022, according to the Department's 2024 Annual Report. Abdul Rahman Mohammed Al Nuaimi, Director General of Ajman Municipality and Planning Department, confirmed that the Emirate of Ajman has become a leading city that attracts residents, visitors, and investors, as it has all the elements that provide an ideal and safe living environment. He added that the Emirate has become a preferred destination for visitors thanks to its luxurious amenities and modern facilities that guarantee…
Ajman Real Estate
UAE-based Major Developers has launched the Phase II of its flagship project, Manta Bay, located on the iconic Al Marjan Island in Ras Al Khaimah following the success of its first phase. Announcing the new launch, the developer said this has been in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development, it stated. Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and…
AJMAN: The Department of Land and Real Estate Regulation in Ajman recorded 1,853 real estate valuation transactions in 2024, with a total value exceeding AED8.38 billion, according to annual data from the Ajman Real Estate Index. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, stated in a press release to the Emirates News Agency (WAM) that valuation transactions for real estate development project units amounted to 594 transactions, with a total value of AED361.8 million. He also noted that 1,512 valuation transactions were processed for investors applying for golden residency, totalling AED3.82 billion. Al Muhairi highlighted that the annual statistics reflect the growing demand in Ajman’s real estate market and…
Ajmal Makan Real Estate Development has announced the launch of two major projects - The View Island and Blue Beach Residence - at the Sharjah Real Estate Exhibition – Acres 2025 which runs until January 25. The View Island features 266 residential units, including villas and townhouses, designed to offer accessible luxury living. Key features include green parks, children’s play areas, and a running track. The development is aimed at promoting active and family-oriented living, while integrating sustainability-focused elements. It aligns with Sharjah’s efforts to balance urban development with environmental sustainability. With extensive green spaces and recreational facilities, the project seeks to appeal to both residents and visitors, enhancing Sharjah’s…
Real estate transactions in Ajman totalled AED2.28 billion in December 2024, marking a record growth of 102 percent compared to the same period in 2023, according to the Real Estate Report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Directo-General of the Department, stated that the number of real estate transactions in December 2024 reached 1,169, including 935 property trades valued at over AED1.86 billion. He noted that Al Jurf 1 recorded the highest property sale at AED300 million. Al Muhairi highlighted that Ajman’s real estate market is experiencing unprecedented growth, achieving record figures that reflect the sector's quality, the diversity of investment opportunities, and its appeal to investors across various segments. The…
Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Land and Real Estate Regulation, announced that the emirate recorded 1,277 real estate transactions in September, with a total value of AED1.95 billion. Al Muhairi explained that real estate transactions in Ajman achieved a 21.8 percent growth year-on-year (YoY), according to the Department's real estate report for September. He highlighted that ‘Al Rumailah 3’ recorded the highest sales value, with AED100 million. He also noted that 191 mortgage transactions were logged, with a total value exceeding AED463.6 million.
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,…