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The total number of real estate transactions in the Emirate of Ajman during the month of July reached 1,517 transactions, with a combined value of AED 1.65 billion.
Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department in Ajman, stated that trading volume amounted to AED 1.08 billion across a total of 1,296 trading operations. He noted that 138 mortgage transactions were recorded with a combined value of AED 341 million, with the Al Jurf Industrial 1 area registering the highest single mortgage transaction at AED 20.9 million.
Al Shamsi stated that the recorded figures reflect the upward trajectory of the real estate sector’s performance in Ajman, with the market maintaining its positive momentum and witnessing exceptional activity across numerous real estate projects, driven by the diversity of investment opportunities and the growing direct demand for properties of all types across the various areas of the Emirate.
The Director of the Real Estate Registration Department noted that the Ajman Uptown project topped the list of the most traded major projects, ahead of both the Ajman One and Emirates City projects. The Al Helio 2 district led the list of the most traded neighbourhoods, followed by Al Helio 1 and Manama 14. The Al Jurf Industrial 1 area recorded the highest single sale transaction at AED 22.5 million.