In the Emirate of Ajman, there were 15,125 real estate transactions in 2024, totaling more than AED20.5 billion. This is a stunning 21% increase over 2023.
The remarkable performance of the real estate market over the past year, according to Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, is proof of the industry’s strength and a sign that strengthens Ajman’s standing as a top investment destination and bodes well for the emirate’s economy.
In order to improve the standing of Ajman’s real estate market, which is regarded as one of the most competitive in the world and offers promising opportunities and a comprehensive and alluring investment experience that satisfies the goals and aspirations of investors from all segments, he emphasized that the recorded figures reflect the visions of the wise leadership and their efforts.
According to Al Nuaimi, the Department of Land and Real Estate Regulation wants to create a bright future for real estate that boosts investor trust, promotes economic growth in the Emirate of Ajman, and offers investors a modern, integrated lifestyle and the best possible investment environment.
According to the data and statistics displayed by the Ajman Real Estate Index, Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, affirmed that the emirate’s real estate market continued to exhibit favorable numbers and upward performance.
In comparison to 2023, he said that 11,880 trading operations totaling more than AED14.37 billion were registered in 2024, a 40% increase. He explained that the “Al Amera” location had the highest mortgage value of AED 155 million, while the “Al Jurf 1” area saw the highest sale value of AED 300 million.
According to Al Muhairi, the real estate market’s increased activity was to be expected given the rise in investment volume brought about by the Emirate of Ajman’s generous incentives and first-rate facilities for investors. As a result, the real estate industry is one of the fastest-growing sectors and a vital pillar of the local economy, contributing significantly to the activity of other important sectors.
According to him, the “Eastern” sector was the most traded, surpassing both the “Southern” and “Northern” sectors. “Hay Al Helio 2” was the most traded neighborhood, followed by “Al Yasmin” and “Al Zahia.”
