Ajman records the highest real estate sale transaction with a value of 185 million dirhams

Ajman, March 25 / WAM / The real estate sector in the Emirate of Ajman recorded the highest real estate sale transaction with a value of 185 million dirhams, in a step that reflects the growing attractiveness of the real estate market in the emirate and the increasing pace of investment activity there.

According to the Ajman Real Estate Index data, the land subject to the deal is located in the Al Amerah area, and is classified within the category of residential and commercial use, which enhances its investment value due to the diversity of development opportunities it provides, whether in residential or multi-use commercial projects.

The registration of this record deal coincides with the continuous growth witnessed by the real estate sector in Ajman, driven by a package of facilities and procedures stimulating investment, in addition to the advanced infrastructure and modern urban projects that contribute to attracting investors from inside and outside the country.

The data confirmed that the real estate market in the emirate continues to achieve positive indicators, whether in terms of trading volume or the number of real estate transactions, which reflects investor confidence and supports Ajman’s position as a promising destination for real estate investment in the country.

This level of large deals also reflects the diversity of investment opportunities in Ajman, especially in new areas that are witnessing rapid urban expansion, including the Al Amra area, which has become one of the most prominent areas attracting development projects during the recent period.

Market indicators expected continued momentum during the coming period, in light of the increasing demand for lands and mixed-use projects, supported by economic stability and the integration of the legislative system that stimulates the business environment in the emirate.

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