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Reading: Ajman real estate transactions passed $1.5bn in Q1
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Home » Blog » Ajman real estate transactions passed $1.5bn in Q1
UAE

Ajman real estate transactions passed $1.5bn in Q1

Aisha Al Habibi
Aisha Al Habibi
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Omar Bin Omair Al Muhairi, general director of the Department of Land and Real Estate of Ajman, declared that the registered growth reflects the continuous ascending trend in the real estate sector of the Emirate and underlines the prinencio of the prominence of the prominence of IT investment.

He pointed out that the value of the negotiation reached AED3.63bn ($ 988 million) in 3,132 sales transactions.

Ajman Real Estate 2025

The Al Zahia area witnessed the transaction of greater value at AED50m ($ 13.6m).

Emirates City headed the list of the most exchanged real estate projects, ahead of Ajman One and City Towers, while Helio 2 led the most active neighbors, followed by Al Zahia and Yasmeen.

Regarding the mortgage activity, Al Muhairi confirmed the record of 498 mortgage transactions duration the first quarter of this year, with an exhaustive total value AED905m ($ 246m).

The highest mortgage value, AED70M ($ 20 million), was recorded in the Industrial Legal 1.

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