Ajman real estate sector saw $5.6bn of transactions last year
Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, stated that the exceptional performance of the real estate market over the past year is evidence of the sector's strength and a positive indicator that enhances Ajman's position as a premier investment destination and promises a bright future for the emirate's economy.
He emphasised that the recorded figures reflect the visions of the wise leadership and their efforts to enhance the reputation of Ajman's real estate market, which is considered one of the most competitive markets in the world.
Ajman real estate sector
The market offers promising opportunities and a comprehensive and attractive investment experience that meets the ambitions and aspirations of investors from all segments.
Al Nuaimi explained that the Department of Land and Real Estate Regulation aims to build a promising real estate future that supports economic growth in Ajman, enhances investor confidence, and provides them with an ideal investment environment and a modern, integrated lifestyle.
Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the emirate's real estate market maintained its upward performance and positive figures according to the numbers and statistics shown by the Ajman Real Estate Index.
He pointed out that 2024 witnessed the registration of 11,880 trading operations with a total value exceeding AED14.37bn ($3.9bn), reflecting a growth of 40 per cent compared to 2023.
He clarified that the 'Al Jurf 1' area witnessed the highest sale value of AED300m ($81.7m), while the highest mortgage value of AED155m ($42.2m) was recorded in the Al Amera area.
Al Muhairi stated that the increased activity of the real estate market was expected, considering the rise in investment volume due to supportive incentives and exceptional facilities provided by Ajman to investors, making the real estate sector one of the fastest-growing sectors and a key pillar of the local economy as it is a major contributor to the activity of other vital sectors.
He explained that the Eastern sector topped the list of the most traded sectors, ahead of both the Southern and Northern sectors, with the Hay Al Helio 2 at the top of the most traded neighbourhoods list, followed by Al Yasmin and Al Zahia.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
13 hours ago
- Gulf Today
Ras Al Khaimah and Uganda to enhance investment cooperation
Mohammed Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry (RAKCCI), received Zaake Wanume Kibedi, Ambassador of Uganda to the UAE. Discussions focused on strengthening economic relations between the Ras Al Khaimah Chamber of Commerce and the Uganda National Chamber of Commerce and Industry, with emphasis on promoting trade exchange and enhancing investment cooperation. Both parties reviewed the investment advantages offered in Ras Al Khaimah and the Republic of Uganda, highlighting the importance of unlocking new opportunities across key sectors in both countries. Al Nuaimi stated that the Ras Al Khaimah Chamber of Commerce always welcomes initiatives that support the private sector in exploring useful and profitable investment opportunities in many friendly countries around the world, bringing mutual benefits and shared interests. He pointed out that Uganda is one of the African countries connected to the business environment of the Emirate of Ras Al Khaimah through several business partnerships and agreements. He also noted the importance of increasing partnerships in the small and medium enterprises sector, which will enhance investment opportunities for the private sector and the overall business environment. Ambassador Kibedi expressed his pleasure at meeting with the Ras Al Khaimah Chamber of Commerce, particularly as it is the official body responsible for organizing private sector affairs in the Emirate. He affirmed his country's interest in boosting and expanding trade exchange in a manner that serves the mutual interests of both sides. He also extended an invitation to the Ras Al Khaimah Chamber of Commerce and its members to attend the UAE-Uganda Business Forum, scheduled to take place from October 27th to 29th in Kampala, Uganda. The meeting, held at the Chamber's headquarters, was attended by Youssef Mohamed Ismail, First Vice Chairman of the Chamber and Head of the Supreme Committee of the Saud Bin Saqr Establishment for Youth Project Development, and Dr. Ahmed Al Shemeili, Director-General of the Ras Al Khaimah Chamber of Commerce. Earlier in May the Ras Al Khaimah Chamber of Commerce and Industry discussed with the Consulate of the People's Republic of Bangladesh in the UAE areas of economic and commercial cooperation between the emirate of Ras Al Khaimah and the Republic of Bangladesh, and ways to establish distinguished bilateral partnerships that serve the growing relations and contribute to creating new investment opportunities and fields. This came during a meeting between Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras Al Khaimah Chamber of Commerce and Industry, and Md. Rashedujjaman, Consul-General of the People's Republic of Bangladesh in Dubai and the Northern Emirates, held at the Chamber's headquarters. Al Nuaimi affirmed the Chamber's commitment to providing a modern support system for companies and investors coming from Bangladesh, aiming to empower them to grow their businesses and achieve sustainable success. He pointed out that the Chamber recognises the potential of the economic relations between the two sides and seeks to capitalise on it, relying on the remarkable development in economic ties between Ras Al Khaimah and Bangladesh, as clearly reflected in recent figures and statistics. He confirmed the Ras Al Khaimah Chamber's readiness to advance areas of mutual cooperation to develop bilateral relations, address existing challenges, promote trade and investment, and explore joint development areas, particularly in renewable energy, the industrial sector, and others. The meeting also reviewed the prospects for cooperation and the need to develop it in ways that serve both parties' interests, strengthen relationships between businesspeople, and increase joint meetings and visits. The Consul-General of the People's Republic of Bangladesh also raised the idea of establishing a Bangladesh Business Council in the emirate of Ras Al Khaimah, similar to the business councils in other Emirates. Both parties agreed on the importance of organising workshops for the Bangladeshi community in the Emirate and setting a general framework for mechanisms to attract Bangladeshi businesspeople and investments to Ras Al Khaimah. In May 2025, Mohamed Ali Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, praised the strong and enduring ties between the UAE and the State of Kuwait, highlighting the fruitful cooperation between both countries, especially in the trade sector. This came during his meeting with Khalid Abdulrahim Al Zaabi, Consul-General of the State of Kuwait in Dubai and the Northern Emirates. WAM
Arabian Business
a day ago
- Arabian Business
Ajman real estate transactions surge 62.5% in July to $885m
Ajman's real estate market saw significant growth in July 2025, recording 1,920 transactions worth AED 3.25 billion ($885m) — a 62.5 per cent increase in value compared to July 2024, according to the Department of Land and Real Estate Regulation. Of the total activity, trading volume reached AED1.95bn ($531m) across 1,593 sales transactions, with Al Helio 1 emerging as the top-performing area, logging the highest single transaction at AED56m ($15.3m). The Department also recorded 178 mortgage transactions in July, with a combined value exceeding AED432m ($118m). Ajman real estate The highest mortgage value, AED 110m ($30m), was registered in Industrial Area 2, underlining growing demand for commercial and industrial assets. Ahmad Khalfan Al Shamsi, Acting Director General of the Department of Land and Real Estate Regulation, said the emirate continues to experience exceptional growth driven by increasing demand across property types.
Zawya
a day ago
- Zawya
$884.8mln in real estate transactions in Ajman during July 2025
The Department of Land and Real Estate Regulation in Ajman reported that the emirate's real estate market witnessed 1,920 real estate transactions during July 2025, with a total value of AED 3.25 billion, a remarkable growth of over 62.5% compared to the same period in 2024. Ahmad Khalfan Al Shamsi, Acting Director General of the Department of Land and Real Estate Regulation, said that the volume of trades reached AED 1.95 billion out of a total of 1,593 trading process, with the Al Helio 1 area recording the highest transaction value of AED 56 million. He emphasised that the real estate sector in Ajman is experiencing a positive period and continues to record exceptional figures, reflecting the increased demand for various types of real estate. He added that the Department recorded 178 mortgage transactions with a total value exceeding AED 432 million, with the highest mortgage value recorded at AED 110 million in the 'Industrial area 2.
