In a remarkable surge, Ajman‘s real estate transactions have jumped 32 percent to reach $659 million in November, reflecting the emirate’s robust recovery and increasing investor confidence across various property types. This impressive growth showcases Ajman’s position as a dynamic player in the real estate market, attracting attention from both local and international investors.
November saw the Ajman real estate market maintaining its strong momentum, as transaction values and volumes sharply increased, highlighting heightened demand and sustained investor confidence throughout the emirate.
According to data from the Ajman Department of Land and Real Estate Regulation, there was broad-based demand across residential and development projects. Real estate transactions in Ajman totaled 1,552 deals in November, accumulating an overall value of AED 2.42 billion ($659 million), which represents a 32 percent rise compared to the same period last year.
Ajman Real Estate Market Insights
Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Department of Land and Real Estate Regulation, remarked that the property market retained its vigorous momentum during the month. He noted that rising demand across various property types underscores the increasing investor confidence and interest in opportunities available throughout the emirate.
In terms of individual transaction values, Al Rumaila 2 recorded the highest single sale at AED 110 million ($30 million). Meanwhile, the top sale within real estate development projects took place at Golf Estate, reaching AED 2.75 million ($750,000).
November also featured 186 mortgage transactions valued at over AED 370.4 million ($101 million), with Al Nuaimiya 1 leading the way with the highest mortgage value of AED 66 million ($18 million).
Al Muhairi emphasized that Emirates City topped the list of the most traded major projects, followed by City Towers and Ajman One. Helio 2 stood out among the most traded neighborhoods, ahead of Helio 1 and Al Zahya, indicating diverse investment opportunities within the Ajman real estate market.