929 Million Dirhams, the Volume of Real Estate Transactions in Ajman during the Month of August September 15th, 2022

The Department of Land and Real Estate Regulation in Ajman revealed that the total real estate transactions during the month of August amounted to 929 million dirhams, resulting from 804 real estate transactions, while the volume of trading amounted to 468 million dirhams out of a total of 614 trading process.

His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that the statistics for the month of August confirm the stability of the real estate market in the emirate and its preservation of its positive rates, where Al Zahia area witnessed the highest value of sale at 12 million dirhams. The month of August witnessed, as well, the registration of 115 mortgage transactions, with a total of 168 million dirhams, and the highest mortgage value was recorded in “Al Rawda 3” with 12.5 million dirhams.

Al Muhairi explained that the “Ajman One” project topped the list of the most traded projects, ahead of the “Horizon Towers” and “Goldcrest Dream” projects, and “Al-Yasmeen neighborhood ” came at the top of the list of the most traded neighborhoods, followed by “Al Zahia” and “Masfout  3”.

Source: Ajman Real Estate Regulatory Agency

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