Ajman real estate transactions reach Dhs1.66 billion in March

The Department of Land and Real Estate Regulation in Ajman has announced that the emirate’s real estate market recorded 938 transactions in March, with a total value of Dhs1.66 billion.

Eng. Omar bin Omair Al Muhairi, Director-General of the department, said that the March figures reflect the stability of Ajman’s real estate market and its continued positive performance.

He added that the Al Amerah area recorded the highest sale value at Dhs185 million, while total trading volume reached Dhs1.2 billion across 680 transactions.

Al Muhairi added that the department registered 168 mortgage transactions with a total value of Dhs305 million, with "Al Jurf Industrial 3" recording the highest mortgage value at Dhs24.4 million.

"Emirates City" topped the list of most traded major developments, followed by "City Towers" and "Ajman One," while "Al Helio 2" ranked first among the most traded areas, followed by "Al Zahia" and "Al Helio 1."

WAM