The Department of Land and Real Estate Regulation in Ajman announced the registration of 1,321 real estate transactions during January, with a total value of AED1.57bn ($427m), while the trading volume amounted to AED1.26bn ($343m) out of a total of 1,044 real estate transactions.
According to statistics released by the department, the highest sales value was recorded in Al Zahia area, with a value of AED50m ($13.6m).
Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that the statistics for January reflect the positive performance of the real estate market, which recorded a growth in the volume of real estate transactions by more than 20 per cent compared to the same period in 2024,
Ajman real estate
He explained that last January witnessed 175 mortgage transactions with a total value of AED257.7m ($70.2m), where the highest mortgage value was recorded at AED23.8m ($6.5m) in the Ajman Industrial 1 area, and Al Helio 2 neighbourhood came at the top of the list of the most traded neighbourhoods, followed by Al Yasmeen and Al Zahia respectively.
The Emirates City project topped the list of the most traded main projects, ahead of both Ajman One and City Towers projects.