1.66 billion dirhams, the value of real estate transactions in Ajman during March

The Department of Land and Real Estate Regulation in Ajman announced that the real estate market in the emirate recorded 938 real estate transactions during the month of March with a total value of 1.66 billion dirhams.

His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the statistics for the month of March reflect the stability of the real estate market in the emirate, and its maintenance of its positive rates.

He explained that the Al Amra region witnessed the highest sales value at 185 million dirhams, while the trading volume reached 1.2 billion dirhams out of a total of 680 trading transactions.

Al Muhairi pointed out that the department recorded 168 mortgage transactions with a total value of 305 million dirhams, topped by the “Al Jurf Industrial Area 3” with the highest mortgage value amounting to 24.4 million dirhams. The “Emirates City” project topped the list of the main most traded projects, ahead of the “Madina Towers” ​​and “Ajman One” projects, while the “Al Helio 2” neighborhood came at the top of the most traded neighborhoods, followed by “Al Zahia” and then “Al Helio 1.”