Close Menu
    What's New

    Magna AI and MBUZZ partner to deliver enterprise AI infrastructure and transformation services across the Middle East and Africa

    September 13, 2026

    Dubai Al Safa Street diversions begin as RTA starts major City Walk road upgrade

    September 13, 2026

    Ajman Chamber to participate in WorldFood Moscow to expand local product markets

    September 13, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    The Gulf GazetteThe Gulf Gazette
    • Home
    • KSA
    • UAE
    • GCC
    • Technology
    • Lifestyle
    • Sports
    The Gulf GazetteThe Gulf Gazette
    Home»UAE»AED 1.6 billion in real estate transactions in Ajman during May 2026
    UAE

    AED 1.6 billion in real estate transactions in Ajman during May 2026

    Editorial TeamBy Editorial TeamJune 3, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    AJMAN, 3rd June, 2026 (WAM) — Real estate transactions in the Emirate of Ajman recorded 864 transactions during the month of May, with a total value of AED 1.6 billion.

    Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the performance of the real estate sector during May reflects the continued activity in the market — particularly in property sales — affirming Ajman’s appeal to investors and the diverse opportunities it offers across various areas of the Emirate.

    He added that trading volume reached AED 1.3 billion through 679 real estate transactions, noting that the Al Zahia district recorded the highest sale value at AED 200 million, whilst the highest sale value in real estate development projects reached AED 1.6 million in the Al Zorah district.

    Al Muhairi further noted that May witnessed the registration of 128 mortgage transactions with a combined value of AED 187.5 million, with the Al Humaidiya 1 district recording the highest individual mortgage value at AED 15.7 million.

    He indicated that the Emirates City project topped the list of the most traded major real estate projects, ahead of City Towers and Ajman One, whilst Al Helio 2 led the rankings among the most active districts, followed by Al Helio 1 and Al Zahia.

    Source: Emirates News Agency

    Previous ArticleNVIDIA DRIVE Hyperion becomes global platform for robotaxi-ready world 
    Next Article British court to pronounce Thursday final verdict in Saudi student Al-Qassim murder case

    Related Posts

    Dubai Al Safa Street diversions begin as RTA starts major City Walk road upgrade

    September 13, 2026

    Ajman Chamber to participate in WorldFood Moscow to expand local product markets

    September 13, 2026

    Dubai landlords can evict tenants to move into their own property — but must give 12 months’ notice

    September 13, 2026
    Latest Posts

    Magna AI and MBUZZ partner to deliver enterprise AI infrastructure and transformation services across the Middle East and Africa

    September 13, 2026

    Dubai Al Safa Street diversions begin as RTA starts major City Walk road upgrade

    September 13, 2026

    Ajman Chamber to participate in WorldFood Moscow to expand local product markets

    September 13, 2026

    Heavy thunderstorms, flash flood risk forecast across parts of Saudi Arabia

    September 13, 2026
    Don't Miss

    Magna AI and MBUZZ partner to deliver enterprise AI infrastructure and transformation services across the Middle East and Africa

    By Editorial TeamSeptember 13, 2026

    (L-R) Fawwaz Alshammari, Managing Director, MBUZZ & Dr. Moataz BinAli, Chief Executive Officer, Magna AI.…

    Austria’s inflation rate up by 0.9% to 3.1% in March

    April 1, 2026

    Saudi FM, UN chief discuss regional developments in phone call

    April 1, 2026
    2026. All rights reserved.
    • KSA
    • UAE
    • GCC
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.