AED 484 Million in Real Estate Development Project Transactions in Ajman During Q1

His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulatory Department, affirmed that the Emirate’s real estate market continued its upward performance during the first quarter of 2026, recording 924 real estate transactions in development projects with a total value exceeding AED 484 million.

Al Muhairi explained that the Q1 results reflect investor confidence and the attractiveness of the real estate sector, given the Emirate’s fundamentals, its promising projects and the diverse investment opportunities it offers to investors, as well as the ease and efficiency of project registration. He noted that foreign investments exceeded AED 396 million.

He indicated that the Al Zawra area recorded the highest single sale value in real estate development projects at AED 15 million, while the “Garden Residence” project topped the list of most traded projects, followed by “Corniche Tower” and “Lavender Tower”, according to data from the Ajman Real Estate Index.

The Director General of the Ajman Land and Real Estate Regulatory Department added that the number of residential units in projects registered during Q1 reached 2,083 units, affirming that all real estate development projects are subject to continuous monitoring and periodic field visits, with the aim of assessing the extent to which development and management companies are meeting residents’ comfort requirements and enhancing quality of life across various residential communities.