AJMAN, UAE – Director-General of Ajman’s Department of Land and Real Estate Regulation Eng. Omar bin Omair Al Muhairi said that there were 129 real estate valuation transactions in the emirate in February, valued at around US$195 million (AED718 million).
He highlighted the ongoing momentum in Ajman’s real estate market, citing remarkable performance and rising demand across all regions and property categories, as detailed in the department’s monthly report.
He underscored a notable surge in commercial property value, marking a 44.7 percent rise compared to January, with commercial assets leading in total valuation at US$154 million (AED568.4 million), while residential properties followed at US$27 million (AED101.4 million), and industrial assets at US$12 million (AED45.35 million).
Al Muhairi added that the valuation of golden residency properties for investors surged by 115 percent from January, totaling 102 transactions valued at US$92 million (AED341 million).
This highlights the rapid growth and extensive interest in real estate investments resulting from the emirate’s many competitive advantages and diverse attractions.
