2024-02-16 22:04:09
The Department of Land and Real Estate Regulation in Ajman recorded 1,227 real estate transactions during the month of January, with a total value amounting to 1.53 billion dirhams, and the highest sales value was recorded in the “Al Jurf 2” area, with a value of 165.5 million dirhams.
Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said: January statistics indicated a noticeable growth in the volume of real estate transactions by more than 63.5% compared to the same period in 2023, which reflects the quality of the real estate market in Ajman, and confirms the positive upward performance. Especially in light of the increasing demand for real estate investment in various regions of the emirate, which offers promising investment opportunities and offers exceptional competitive facilities and incentives.
The Director General of the Department of Land and Real Estate Regulation explained that last January witnessed 259 mortgage transactions with a total value of 254 million dirhams, with the highest mortgage value of 12 million dirhams recorded in the “Mohammed bin Zayed 2” area, and the “Yasmine” neighborhood came at the top of the list of neighborhoods. The most traded project, followed by “Al Zahia” and “Al Helio 2”, respectively. The “Emirates City” project also topped the list of the most traded major projects, ahead of both the “Ajman One” and “City Towers” projects.
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