12.2 billion dirhams, the volume of real estate transactions in Ajman during the year 2021

The Department of Land and Real Estate Regulation in Ajman announced that 8,581 real estate transactions were registered during the year 2021, with a total value of 12.2 billion dirhams, while the total volume of trading amounted to 7.8 billion dirhams out of a total of 6,988 transactions.


His Highness Sheikh Abdulaziz bin Humaid Al Nuaimi, Head of the Department of Land and Real Estate Regulation, said that the 2021 statistics confirm the Ajman real estate market governorate on its activity, positive levels and its attractiveness among local and international investors in view of the investment opportunities available, the quality of services provided, and the speed and ease of completing transactions, noting that the Emirate of Ajman is moving at a steady and confident pace. Towards the establishment of a strong economy and integrated development in various fields, especially in the areas of infrastructure, which is witnessing an unprecedented boom.  


His Highness affirmed that the comprehensive strategy of the Ajman government and the economic packages that it approved to face the repercussions of the Corona pandemic enhanced investor confidence and effectively contributed to adapting the real estate market and other economic sectors to the changes imposed by the pandemic at the beginning of the year 2020. He indicated that the year 2021 was full of achievements as the department was able to achieve Comprehensive digital transformation, which effectively contributed to improving the quality of services and enhancing competitiveness in property registration, in addition to launching the Ajman Real Estate Index during the last quarter of last year, which is a qualitative addition that supports the department’s endeavors to develop the performance of the real estate sector by providing distinguished modern services that meet the needs of Clients.


On his part, His Excellency Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, valued the distinguished relationship that brings the department together with its strategic partners, and he singled out the existing strategic partnership between the Department and the Union for Water and Electricity, which culminated in the delivery of federal electricity to many real estate projects in the emirate, which enhances the level of well-being and happiness. For the citizens and residents of the Emirate of Ajman, praising the electronic link with the Municipality and Planning Department and the Ajman Sewerage Company, which supports the department’s approach to adopting the latest technologies and the best digital tools in order to develop its system and provide services in a faster, more accurate and safer manner, in addition to the strategic partnership with the Ajman Digital Department Which resulted in linking the department's services to the "digital identity", which contributed to improving the customers' experience and allowed them to complete their transactions with a high level of confidentiality and privacy.


The real estate report for the year 2021 revealed that the highest value of allegiance was recorded in "Al-Yasmeen" with a value of 400 million dirhams, while the highest mortgage value of 94 million dirhams was recorded in the "Rumaila 2" area, and "Al-Yasmeen" neighborhood came at the top of the list of the most traded neighborhoods, and the project of "Ajman One" is a list of the most popular major projects.

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