emirates7 - In 2024, the Emirate of Ajman recorded 15,125 real estate transactions, totaling over AED 20.5 billion, marking a significant 21% growth compared to 2023.
Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, highlighted that the impressive performance of the real estate market last year underscores the sector’s strength and serves as a positive indicator, solidifying Ajman’s position as a leading investment hub and promising a prosperous future for the emirate’s economy.
He noted that these figures reflect the vision of Ajman’s wise leadership and their efforts to enhance the reputation of the emirate’s real estate market, which is recognized as one of the most competitive globally. Ajman offers a wide range of opportunities and an attractive investment experience that aligns with the ambitions of investors across all sectors.
Al Nuaimi further explained that the Department of Land and Real Estate Regulation is focused on creating a promising real estate future that fosters economic growth, boosts investor confidence, and provides an ideal investment environment with a modern and integrated lifestyle.
Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the emirate’s real estate market continued its positive performance, as reflected in the figures from the Ajman Real Estate Index.
He pointed out that 2024 saw the registration of 11,880 transactions valued at over AED 14.37 billion, reflecting a 40% increase compared to 2023. The “Al Jurf 1” area recorded the highest sale value at AED 300 million, while the “Al Amera” area saw the largest mortgage value at AED 155 million.
Al Muhairi attributed the increased market activity to the rise in investment volumes, driven by attractive incentives and exceptional facilities offered by Ajman to investors. This has made real estate one of the fastest-growing sectors and a key pillar of the local economy, contributing to the vitality of other sectors.
He also mentioned that the "Eastern" sector led in trading volume, ahead of both the "Southern" and "Northern" sectors, with "Hay Al Helio 2" topping the list of the most traded neighborhoods, followed by "Al Yasmin" and "Al Zahia."
Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, highlighted that the impressive performance of the real estate market last year underscores the sector’s strength and serves as a positive indicator, solidifying Ajman’s position as a leading investment hub and promising a prosperous future for the emirate’s economy.
He noted that these figures reflect the vision of Ajman’s wise leadership and their efforts to enhance the reputation of the emirate’s real estate market, which is recognized as one of the most competitive globally. Ajman offers a wide range of opportunities and an attractive investment experience that aligns with the ambitions of investors across all sectors.
Al Nuaimi further explained that the Department of Land and Real Estate Regulation is focused on creating a promising real estate future that fosters economic growth, boosts investor confidence, and provides an ideal investment environment with a modern and integrated lifestyle.
Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the emirate’s real estate market continued its positive performance, as reflected in the figures from the Ajman Real Estate Index.
He pointed out that 2024 saw the registration of 11,880 transactions valued at over AED 14.37 billion, reflecting a 40% increase compared to 2023. The “Al Jurf 1” area recorded the highest sale value at AED 300 million, while the “Al Amera” area saw the largest mortgage value at AED 155 million.
Al Muhairi attributed the increased market activity to the rise in investment volumes, driven by attractive incentives and exceptional facilities offered by Ajman to investors. This has made real estate one of the fastest-growing sectors and a key pillar of the local economy, contributing to the vitality of other sectors.
He also mentioned that the "Eastern" sector led in trading volume, ahead of both the "Southern" and "Northern" sectors, with "Hay Al Helio 2" topping the list of the most traded neighborhoods, followed by "Al Yasmin" and "Al Zahia."