Ajman real estate behavior exceeds 5.55 billion dirhams during the first quarter of 2025
Ajman, April 15 / WAM / The Department of Land and Real Estate Organization in Ajman announced the registration of 3887 real estate actions during the first quarter of 2025, with a total value of more than 5.55 billion dirhams, achieving 29% growth compared to the same period last year.
His Excellency Eng. Omar bin Omair Al -Muhairi, Director General of the Lands and Real Estate Organization Department said that the rate of growth recorded during the first quarter is a continuity of the escalating performance witnessed by the real estate sector in the emirate and an affirmation of the stiffness of the sector and the prestigious position of Ajman on the map of real estate investment.
He pointed out that the volume of trading amounted to 3.63 billion dirhams out of a total of 3132 trading operations, explaining that the “Al -Zahia” area witnessed the highest value of allegiance at 50 million dirhams, as the “Emirates City” project topped the list of the most traded major projects, beating the “Ajman One” projects and “the city’s towers”, while “Al -Halaio 2” came at the top of the list of the most traded neighborhoods, followed by both “Al -Zahia” and “Jasmine”.
With regard to real estate mortgages, the Director General of the Land and Real Estate Department indicated that the first quarter of this year has registered 498 mortgage operations with a total value of more than 905 million dirhams, as the “Al -Jarf Industrial 1” area recorded the highest value of 70 million dirhams.
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