Ajman’s Property Market Sustains Momentum with AED1.95 Billion in October Transactions

The emirate's real estate sector continues to demonstrate robust performance, recording over 1,100 transactions as investor confidence and residential activity remain steady.

Ajman’s property market maintained its upward trajectory in October, recording 1,140 real estate transactions valued at AED1.95 billion, underscoring the emirate’s position as an increasingly appealing destination for investors and homebuyers. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, attributed the sector’s continued strength to growing momentum in property sales across multiple categories and sustained investor interest in opportunities throughout the emirate.

Property trading dominated the month’s activity, accounting for AED1.22 billion across 900 transactions. Within this segment, Al Zorah emerged as a particularly attractive location, securing the highest individual property sale at AED36.3 million. Among real estate development projects, Ajman One registered the strongest performance with a peak sale value of AED3 million, reflecting ongoing interest in mixed-use residential communities within the emirate.

The mortgage sector contributed meaningfully to the month’s overall volume, with 139 mortgage transactions totalling AED373 million. Al Jurf Industrial 2 recorded the highest mortgage valuation at AED31.4 million, indicating sustained demand for financing arrangements across commercial and residential properties. This diversified transaction landscape mirrors patterns observed in September, when the emirate recorded AED1.9 billion across 1,143 transactions, suggesting a consistent rhythm to market activity.

Emirates City emerged as the most actively traded major real estate project, followed by City Towers and Ajman One, each attracting sustained buyer interest. Among neighbourhoods, Al Helio 2 ranked highest in transaction volume, with Manama 14 and Al Helio 1 following closely behind. This geographic distribution reflects growing confidence in both established and emerging residential areas across the emirate.

What it means for Abu Dhabi

Ajman’s consistent real estate performance resonates across the broader UAE property market, particularly as neighbouring emirates assess investment patterns and sector dynamics. The emirate’s ability to sustain transactions valued near AED2 billion monthly demonstrates the depth of the UAE’s residential and commercial property market beyond Abu Dhabi’s boundaries, reinforcing the federation’s position as a diversified real estate hub.

The steady investor participation highlighted by Al Muhairi’s commentary underscores confidence in UAE property fundamentals more broadly. As Ajman continues to develop infrastructure and business ecosystems, including through initiatives such as its Thara Connect Forum for entrepreneurial growth, the emirate’s real estate market remains a bellwether for regional economic health and investor sentiment across the federation.

Source: WAM