25 November 2024

Ajman Real Estate Market: October Results and Growth Prospects

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Steady Growth in Transaction Volumes

In October 2024, the Ajman real estate market recorded 1,531 transactions with a total value of AED1.83 billion ($498 million), according to Omar bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation.

The transaction volume increased by 4.57% compared to the same period last year.

Transaction Details

  1. Trading Volume: AED1.33 billion ($362 million) across 1,247 transactions.
  2. Mortgage Transactions: 188 deals with a total value of AED277 million ($75.4 million).
  3. Record Sale: The Al Jurf Industrial 1 area achieved the highest sales value, with a transaction worth AED10 million ($2.7 million).

Success Factors

Omar bin Omair Al Muhairi highlighted that these figures reflect positive growth in Ajman’s real estate sector, which continues to perform strongly. This success is attributed to:

  1. A wide range of investment opportunities.
  2. Growing demand for properties in various areas of the emirate.
  3. Implementation of successful projects that attract investor attention.

Why Invest in Ajman?

Ajman’s real estate market continues to expand, offering lucrative opportunities for investors. The steady growth in transaction volumes and strong interest in properties confirm the emirate’s potential for long-term investments.

Don’t miss the chance to be part of this thriving market. Contact us today to learn more about the best real estate opportunities in Ajman!