Real estate transactions in Ajman reached AED 2.28B in December 2024, reflecting an impressive growth of 102% compared to December 2023, as detailed in the Real Estate Report released by the Department of Land and Real Estate Regulation.
Omar bin Omair Al Muhairi, Director-General of the Department, revealed that December 2024 witnessed 1,169 real estate transactions, including 935 property sales worth over AED 1.86B. He added that the highest property sale, valued at AED 300M, was recorded in Al Jurf 1.
Al Muhairi emphasised that Ajman’s real estate market is undergoing remarkable growth, achieving record-breaking figures that demonstrate the sector’s excellence, the variety of investment opportunities available, and its strong appeal to investors from different sectors.
Ajman’s unique attributes and high level of competitiveness position it as an appealing destination for both business and investment.
The report further highlighted 148 mortgage transactions in December 2024, with a combined value exceeding AED 252.8M. The highest mortgage value, AED 11.2M, was recorded in the Al Jurf Industrial 3 area.
