Ajman Real Estate Valuations Reach AED446.8 Million in April

Ajman: The Emirate of Ajman recorded a 24.3 percent increase in real estate valuation transactions in April compared to March, with a total value of AED446.8 million generated through 189 transactions. Eng. Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Land and Real Estate Regulation, reported that these transactions covered various property types, including residential, commercial, industrial, and agricultural.

According to Emirates News Agency, residential properties dominated the valuation landscape, accounting for AED207.4 million of the total valuations. Commercial properties followed closely, contributing over AED180 million in value. Al Muhairi emphasized that the April report also included personal, judicial, and institutional valuations, along with valuations related to long-term Golden Residence permits for investors.

In April, a total of 154 transactions related to personal, judicial, and institutional valuations were completed, marking a 21.3 percent increase compared to March. These transactions reached a combined value of AED303.3 million, highlighting the growing demand and activity within Ajman's real estate sector.