15 January 2025

Ajman Real Estate Market: 102% Growth in December 2024

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In December 2024, Ajman’s real estate market demonstrated impressive growth, with transaction volumes reaching AED 2.28 billion ($621 million), a 102% increase compared to the same period in 2023, according to the Department of Land and Real Estate Regulation’s report.

Key Highlights for December 2024

– The total number of transactions reached 1,169, including 935 property sales worth AED 1.86 billion ($506 million).
– The largest transaction recorded was the sale of a property in the Al Jurf 1 area for AED 300 million ($82 million).
– Mortgage transactions totaled 148, with a combined value of AED 252.8 million ($69 million).
– The highest mortgage transaction was registered in the Al Jurf Industrial 3 area for AED 11.2 million ($3 million).
– The unique advantages and strong competitiveness of Ajman make it an attractive destination for business and investment.

Why Invest in Ajman Real Estate?

Ajman’s real estate market has experienced record-breaking growth, with significant increases in transaction volume and value. The emirate offers competitive prices, making it an appealing choice for investors. The growing interest in Ajman’s properties highlights the market’s stability and potential for high returns. Strategic locations such as Al Jurf provide excellent opportunities for both purchase and rental investments.

SPI Dubai: Your Trusted Investment Partner

SPI Dubai offers professional services for purchasing real estate in the UAE. We provide:

– Tailored property selection to meet your investment goals.
– Comprehensive transaction support.
– Expert advice on rental potential and profitability.

Contact us today to become a property owner in one of the UAE’s most promising regions!