Ajman records 22% surge in property transactions year-on-year

The Emirate of Ajman recorded impressive real estate activity in December, with 1,623 transactions valued at AED2.78 billion, representing a 22 percent increase compared to the same period in 2024.

The robust performance underscores the emirate's growing appeal as a dynamic property investment destination within the United Arab Emirates.

Eng. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, highlighted several key indicators from the Ajman Real Estate Index. 

Al Jurf Industrial 2 emerged as the top performer, recording the highest single transaction value at AED28 million, demonstrating strong investor confidence in the emirate's industrial sector.

The mortgage market also showed significant strength, with 198 mortgage transactions totaling over AED339.8 million during the month. This robust lending activity reflects both buyer confidence and favorable financing conditions in Ajman's property market.

"December saw record-breaking activity driven by rising direct demand, highlighting the strength of Ajman's real estate sector," Al Muhairi stated. The surge in transactions indicates genuine end-user interest rather than purely speculative investment, suggesting sustainable growth in the emirate's property market.

Among major developments, Emirates City Ajman led the way, while Al Helio 2 topped the list of most actively traded neighborhoods. These areas have become focal points for both investors and residents seeking value in a competitive regional market.

The 22 percent year-on-year growth positions Ajman as an increasingly attractive alternative to neighboring emirates, offering competitive pricing while maintaining proximity to Dubai and Sharjah's economic hubs.