2023-09-28 08:06:16
Thursday, September 28, 2023 – 12:05 PM
Ajman, September 28 / WAM / The results of the monthly report issued by the Department of Land and Real Estate Regulation in Ajman showed that real estate evaluation transactions during the month of last August amounted to 113 transactions with a total value exceeding 551 million dirhams.
His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that the evaluation operations included commercial, residential, industrial and agricultural properties, where commercial properties received the largest share of the total value of the evaluation at 261 million dirhams, ahead of industrial properties, which amounted to 202 million dirhams, in While residential real estate came third with 75.5 million dirhams.
He added that the real estate report for August included personal evaluation transactions, the evaluation of courts and institutions, as well as the evaluation of long-term golden residencies for investors, which amounted to 84 transactions, worth 292.5 million dirhams.
Al Muhairi stressed that the department adopts modern and innovative methods with the aim of ensuring accuracy and transparency and providing data that reflects the performance of the real estate market and makes it easier for dealers and investors to make decisions related to any real estate activity.
Dina Omar/Yacoub Al-Awadhi
1695892863
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