The emirate’s unique features and fierce rivalry make it a desirable place to do business and invest.
AED 2.28 billion worth of real estate transactions occurred in Ajman in December 2024, a record growth of 102% over the same period in 2023, according to the Department of Land and Real Estate Regulation’s Real Estate Report.
In December 2024, there were 1,169 real estate transactions, including 935 property trades worth over AED1.86 billion, according to the Department’s Director-General, Omar bin Omair Al Muhairi. Al Jurf 1 had the largest real estate sale, he noted, at AED 300 million.
Al Muhairi stressed that the record-breaking growth of Ajman’s real estate market is a testament to the industry’s quality, the diversity of investment opportunities, and its appeal to investors from a wide spectrum of demographics.
The study revealed 148 mortgage transactions in December 2024, totaling over AED 252.8 million. The largest mortgage value, AED11.2 million, was found in the Al Jurf Industrial 3 sector.Â
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