The Emirate of Ajman recorded 1,623 real estate transactions worth AED 2.78 billion in December, representing a 22% increase compared to the same period in 2023. Moreover, the growth reflects sustained momentum in market activity toward the end of the year.
According to the Ajman Real Estate Index, Al Jurf Industrial 2 recorded the highest transaction value at AED 28 million. Additionally, mortgage activity remained strong, with 198 mortgage transactions exceeding AED339.8 million during the month.
Eng. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, said December witnessed record-breaking activity driven by rising direct demand. As a result, the performance highlighted the resilience of Ajman’s real estate sector, with Emirates City Ajman leading major developments, while Al Helio 2 emerged as the most traded neighbourhood.
