Ajman’s real estate sector showcased impressive performance in March, with a total of 938 transactions valued at AED1.66 billion, according to the Department of Land and Real Estate Regulation.
Eng. Omar bin Omair Al Muhairi, the Director-General of the department, highlighted that these figures demonstrate the market’s strength and ongoing upward trend, fueled by sustained investor interest and vibrant trading.
Leading Areas and Sales Insights
Al Amerah emerged as the top region with the highest sales value at AED185 million, showing significant demand in the locality. Overall, 680 sales transactions produced a trading volume of AED1.2 billion, showcasing a thriving property market across the emirate.
Mortgage Activities on the Rise
The findings also reported 168 mortgage transactions totaling AED305 million, with the largest mortgage value of AED24.4 million recorded in Al Jurf Industrial 3, indicating vigorous financing activity in key districts.
Most Active Projects and Regions
Among significant developments, Emirates City was the most actively traded project, followed closely by City Towers and Ajman One.
In terms of area transactions, Al Helio 2 ranked as the most popular, with Al Zahia and Al Helio 1 in second and third place, respectively.
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