According to the Ajman Real Estate Index, there were a lot of real estate transactions in the Emirate of Ajman in January. There were 1,520 transactions for Dhs2.07 billion. Omar Bin Omair Al Muhairi, the Director-General of the Department of Land and Real Estate Regulation, said that there were a lot of property sales in January. This shows that investors are committed to doing business in Ajman and taking advantage of the investment opportunities available throughout the Emirate.
He said that the entire trading volume was Dhs1.39 billion, with 1,284 trades taking place. The “Al Helio 2” area had the greatest selling value at Dhs34 million, and the “Al Zahra” area had the highest sale value for real estate development projects at Dhs15 million.
The Director-General of the Department of Land and Real Estate Regulation said that 174 mortgage operations were registered in January, with a total value of more than Dhs484 million. The Liwara 1″ region had the highest mortgage value at Dhs123.46 million.
He said that the “Emirates City” project was the most traded large project, beating out the “City Towers” and “Ajman One” projects. The “Al Helio 2” neighbourhood was the most traded neighbourhood, followed by the “Al Zahia” and “Al Helio” communities.
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