Latest news with #DepartmentofLandandRealEstateRegulation
Zawya
02-05-2025
- Business
- Zawya
Al Zorah luxury projects draw record investor interest at Ajman exhibition
Ajman: Luxury beachfront and waterfront developments by Al Zorah dominated investor attention at the Ajman Real Estate Investment Exhibition 2025, with unprecedented visitor numbers viewing the company's Luxury living concepts. His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, inaugurated the third edition of the exhibition, organised by the Department of Land and Real Estate Regulation in Ajman and held at the Emirates Hospitality Hall. The exceptional turnout highlights a surge in investor confidence in Al Zorah's distinctive blend of luxury and sustainability, with many visitors specifically seeking information about the company's properties adjacent to protected natural reserves. Each development is built to exacting international standards, creating living spaces that seamlessly merge contemporary design with natural surroundings. Al Zorah momentum was further boosted by the recent announcement that Al Zorah has partnered with Four Seasons Hotels and Resorts to bring a world-class resort to the heart of its master-planned coastal community. The agreement marks a significant milestone, reinforcing Al Zorah's position as a premier luxury destination in the UAE and enhancing investor confidence in the long-term value of its developments. Al Zorah Development Company – a joint venture between the Government of Ajman and Solidere International PLC – showcased its flagship projects that have captured the market's imagination. Visitors viewed the detailed models of the Sealine Residence luxury apartments, while the exclusive Sea Glints Mansions beachfront villas generated particular excitement among high-net-worth investors. The projects stand out for their architectural innovation, panoramic coastal views and amenities designed to elevate everyday living experiences. According to exhibition officials, Al Zorah's display attracted its highest recorded foot traffic, reflecting the company's growing reputation as the premium development choice in Ajman's rapidly expanding real estate sector. Chief Executive Officer of Al Zorah Real Estate Development Company George Saad said: "The extraordinary response we've witnessed at this exhibition confirms what we've long known – that there is tremendous appetite for thoughtfully designed beachfront and waterfront communities that prioritise both luxury and environmental stewardship. 'We're not simply building properties, instead we're creating legacies that will define Ajman's coastline for generations to come." He revealed that several high-value reservations were secured during the exhibition's opening day. He said: "The immediate investor response validates our decision to focus on creating distinctive living experiences. Each of our developments tells a unique story about how premium living can coexist with natural beauty." Saad attributed the market enthusiasm to Al Zorah's unique vision that balances architectural excellence with environmental responsibility. He said: "Our developments integrate seamlessly with Ajman's natural landscapes while offering the sophistication that discerning investors demand. This exhibition has reinforced our position as the emirate's premier coastal destination luxury developer."
Zawya
30-04-2025
- Business
- Zawya
Ajman Land Department and Emirates Auction sign cooperation agreement to organise real estate auctions
Ajman, The Department of Land and Real Estate Regulation in Ajman has signed a cooperation agreement with Emirates Auction, the Middle East's leading company specialised in organizing and managing public and online auctions. Under the agreement, Emirates Auction will handle all real estate auctions referred by the Land Department, whether public or online, as part of both sides' commitment to modernising the real estate sector and accelerating the digital transformation efforts in line with the Zero Government Bureaucracy Programme. The signing ceremony took place during the third edition of the Ajman Real Estate Investment Exhibition, which was organised by the Department of Land and Real Estate Regulation under the patronage of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman. The agreement was signed by H.E. Engineer Omar Bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, and H.E. Abdulla Matar Al Mannaei, Chairman and Managing Director of Emirates Auction, with several directors and officials from both sides present at the signing. Strengthening Strategic Partnership Under the cooperation agreement, both parties will work to expand the scope of their strategic partnership and strengthen coordination on real estate auctions falling under the jurisdiction and procedures of Ajman's Department of Land and Real Estate Regulation. Emirates Auction will be responsible for organising all auctions referred to by the department, in line with its regulations and guidelines. The company will also be committed to using the latest digital technologies to ensure the efficient and transparent management of auction processes. Innovative real estate services H.E. Engineer Omar Bin Omair Al Muhairi emphasised that the agreement is part of the department's ongoing efforts to provide innovative and competitive real estate services. 'Hence, we are committed to improving customer experiences, expanding auction options, and streamlining procedures, as well as maximising returns, thereby supporting our goals of creating a sustainable real estate investment environment and establishing global leadership in innovative real estate,' Al Muhairi said. He added that the collaboration with Emirates Auction stems from the company's industry-leading expertise and advanced capabilities in organizing and managing both public and online auctions. Significant Addition For his part, H.E. Abdulla Matar Al Mannaei stated that the cooperation with the Department of Land and Real Estate Regulation represents a significant addition to Emirates Auction's growing network of strategic partners and a clear testament to the trust in the company's reputation, performance, and services across the UAE and the region. Al Mannaei also noted that this partnership will contribute to the continued growth and development of Ajman's real estate sector. He affirmed that Emirates Auction is committed to applying global best practices and standards, ensuring the highest returns for the department, while also enhancing customer satisfaction through advanced, world-class bidding systems. He also commended the department's efforts and the continued success of the Ajman Real Estate Investment Exhibition, which he described as one of the region's leading real estate events, thanks to the promising investment opportunities it offers to both investors and entrepreneurs in the sector.
Arabian Business
15-04-2025
- Business
- Arabian Business
Ajman real estate transactions passed $1.5bn in Q1
The Department of Land and Real Estate Regulation in Ajman recorded 3,887 real estate transactions in the first quarter of 2025, with a total value exceeding AED5.55bn ($1.5bn), marking a 29 per cent increase compared to the same period last year. Omar bin Omair Al Muhairi, Director-General of the Ajman's Department of Land and Real Estate Regulation, stated that the recorded growth reflects the ongoing upward trend in the emirate's real estate sector and underscores its resilience and growing prominence on the investment map. He noted that the value of trading reached AED3.63bn ($988m) across 3,132 sales transactions. Ajman real estate 2025 The Al Zahia area witnessed the highest-value transaction at AED50m ($13.6m). Emirates City topped the list of the most traded real estate projects, ahead of Ajman One and City Towers, while Al Helio 2 led the most active neighbourhoods, followed by Al Zahia and Al Yasmeen. Regarding mortgage activity, Al Muhairi confirmed the registration of 498 mortgage transactions during the first quarter of this year, with a total value exceeding AED905m ($246m).
Zawya
14-04-2025
- Business
- Zawya
Ajman real estate transactions reach $560.8mln in March 2025
Real estate transactions in Ajman reached AED2.06 billion in March 2025, marking a significant increase of over 41 percent compared to the same period in 2024. Omar bin Omair Al Muhairi, Director-General of the Ajman's Department of Land and Real Estate Regulation, said the emirate recorded 1,025 real estate transactions in March, with trading volume totalling AED1.03 billion. He noted that "Al Heliow 1" recorded the highest property sale at AED43 million. Al Muhairi noted that Ajman's real estate market continues to show strong momentum, consistently achieving record figures. He said this reflects the emirate's attractive investment environment, supported by competitive pricing, integrated services, and advanced infrastructure. He added that March also witnessed 156 mortgage transactions amounting to AED299 million. The highest mortgage value, AED40 million, was recorded in the "Al Nuaimiya 3" area.
Gulf Today
21-02-2025
- Business
- Gulf Today
Ajman's real estate deals rise 67% in 2024
The annual Real estate Report of the Department of Land and Real Estate Regulation in Ajman revealed that the value of trading in real estate development projects in the emirate exceeded Dhs1.44 billion, a significant increase of 67% compared to 2023. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, said that the Real estate market in Ajman continued its exceptional activity during the past year and witnessed a significant increase in the number of trading in real estate development projects, which amounted to 3,624 trading operations, a growth of 44% compared to 2023. He pointed out that the Al Zorah area witnessed the highest sales value in real estate development projects, at a value of Dhs6.92 million, explaining that the 'Gold Crest Dream' project topped the list of the most traded projects, followed by the 'Lilies Tower - B' and 'Lavender Tower' projects. The Director General of the Department of Lands and Real Estate Regulation confirmed that all real estate development projects are subject to continuous follow-up and periodic field visits with the aim of determining the extent of the commitment of real estate development companies and management companies to providing comfort to residents and enhancing the quality of life in various residential complexes. Saeed Al Matrooshi, Director of Real Estate Project Management, stated that the escalating performance of the real estate market reflects the appealing nature of Ajman and the size and quality of its real estate investments, due to its well-developed infrastructure and various attractions that meet the investors' expectations, indicating that Al Zorah area has witnessed the highest mortgage value in real estate development projects.
