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Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department at the Ajman Land and Real Estate Regulation Department, has revealed that the total number of real estate transactions in the Emirate during the month of June reached 1,020 transactions, with a combined value of AED 1.4 billion — reflecting the continued activity and momentum in the Emirate’s real estate market.
Al Shamsi explained that the volume of trading exceeded AED 1.01 billion across a total of 813 trading transactions, with the “Industrial 2” area recording the highest transaction value at AED 35 million. He noted that 138 mortgage transactions were registered with a total value of AED 195 million, according to the statistics of the Ajman Real Estate Index.
He added that the real estate market continued its upward trajectory during June, achieving positive figures that reflect a direct increase in demand for various types of properties across the Emirate, and affirm the attractiveness and resilience of the real estate sector and its maintenance of strong performance.
The Director of the Real Estate Registration Department stated that the “Emirates City” project topped the list of the most traded major projects, ahead of both the “Ajman 1” and “Abraj Al Madina” projects, while the “Al Helio 2” neighbourhood ranked first on the list of the most traded areas, followed by “Al Manama 14” and “Al Helio 1.”