According to
Amac News: Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Land and Real Estate Regulatory Authority, said that this exceptional performance demonstrates the strength of Ajman’s real estate sector, which strengthens the emirate’s position as a top investment destination.
He noted that Ajman’s real estate market is recognized as one of the most competitive markets in the world, providing attractive investment opportunities for investors from all sectors.
Meanwhile, Omar bin Umair Al Muhairi, Director General of Ajman Land and Real Estate Regulatory Authority, said that in 2024, 11,880 transactions were recorded with a value of more than AED 14.37 billion, representing a growth of 40% compared to 2023.
In addition, Al Jurf 1 recorded the highest sales value with AED 300 million, while the highest mortgage value was recorded in Al Amerah with AED 155 million.
Al Muhairi added that the increase in real estate market activity in Ajman was expected. He explained that this increase is due to the growth in investment volumes and the exceptional incentives and facilities that the emirate of Ajman offers to investors.
These factors have made the real estate sector one of the fastest growing sectors and recognized as one of the main pillars of the national economy.