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The real estate report issued by the Ajman Land and Real Estate Regulation Department has revealed that 1,037 real estate transactions were registered during the month of April, with a total value of AED 1.63 billion.
His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the real estate market in Ajman continued its positive performance and maintained its momentum throughout April, with trading volume reaching AED 1.13 billion across a total of 815 transactions. He noted that the highest sale value recorded was in the Al Nuaimiya 1 area, at AED 153 million.
He added that the performance of the real estate sector, along with the positive indicators recorded since the beginning of the current year, reflects the resilience and competitiveness of this vital sector, and affirms the growing confidence of investors in the Emirate of Ajman as an attractive destination for real estate investment.
Al Muhairi explained that April witnessed the registration of 163 mortgage transactions with a total value exceeding AED 276.5 million, noting that the highest mortgage value was recorded in the Al Jurf 2 area at AED 34.8 million.
He indicated that the Emirates City project topped the list of the most actively traded major projects, ahead of both Ajman One and Abraj Al Madina, whilst the Al Helio 2 district led the rankings among the most actively traded neighbourhoods, followed by Al Zahia and Al Helio 1.