The real estate market in Ajman has experienced remarkable growth, with transactions soaring by 47% to reach an impressive $632 million in June. This surge demonstrates the Emirate’s increasing appeal and robust demand for various types of real estate. The significant rise in Ajman real estate transactions underscores investor confidence and reflects broader trends in the region’s property market.
According to recent statistics, the real estate trading volume in June achieved AED 1.53 billion ($417 million), with a total of 1,318 transactions completed. This represents a striking growth of 47% compared to the same period in 2024, showcasing a vibrant and active market environment.
Record Activity in June
In discussing the surge in activity, Al Muhairi noted that June marked an exceptional month for Ajman’s real estate sector, achieving record numbers that indicate a direct uptick in demand across various property types. The increase in Ajman real estate transactions illustrates how the market has effectively responded to both local and international investor interest.
High-Value Transactions
Highlighting the records set in June, Al Muhairi mentioned that the Al Helio 1 area reported the highest sales value, amounting to AED 46 million ($12.5 million). Furthermore, the statistics revealed that 215 mortgage transactions were recorded, with a cumulative value exceeding AED 376.4 million ($102 million), reaffirming the strength of mortgage activity within the Ajman real estate market.
The Director General of the Department of Land and Real Estate Regulation also noted that the highest single mortgage in June was recorded at AED 28 million ($7.6 million) in Al Nuaimia 1. This indicates the significant financial commitment that buyers are willing to undertake in the thriving Ajman real estate market.
Popular Neighborhoods and Projects
When analyzing the most active neighborhoods, Al Helio 2 emerged as the leader in transaction volume, followed closely by Manama 14 and Al Zahya. These areas are evidently becoming prime locations for investment, as they offer a mix of affordability and potential for capital appreciation.
Additionally, the “Emirates City Ajman” project continues to dominate the list of the most traded major developments, surpassing well-known projects like “Ajman One” and “City Towers.” This trend highlights not only the project’s desirability but also the overall vibrancy of the Ajman real estate landscape.