Post by : Mariam
Al-Faris
The Ajman real estate market recorded strong growth in November, with a total of 1,552 property transactions valued at AED2.42 billion. This represents a 32 percent increase compared to the same month last year, highlighting rising investor interest across the emirate.
Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Department of Land and Real Estate Regulation, said the market continued to show positive momentum. He explained that demand increased across all types of properties, reflecting growing investor confidence and strong interest in available opportunities.
Trading activity during the month reached AED1.82 billion through 1,302 transactions. The highest single property sale was recorded in Al Rumaila 2, with a value of AED110 million. Meanwhile, the top sale within real estate projects was registered in Golf Estate at AED2.75 million.
The market also saw solid activity in financing, with 186 mortgage transactions worth more than AED370.4 million. Al Nuaimiya 1 recorded the highest mortgage value at AED66 million, showing continued demand for property financing.
In terms of popular developments, Emirates City ranked first among the most traded major projects, followed by City Towers and Ajman One. At the neighbourhood level, Helio 2 led trading activity, ahead of Helio 1 and Al Zahya.
Officials said these results confirm the strength of the Ajman property market and its growing appeal to investors seeking stable and attractive returns.
English
