The total volume of real estate transactions in the emirate of Ajman during the year 2020 amounted to about 8.9 billion dirhams.
According to the Emirates News Agency, the annual real estate report of the Department of Land and Real Estate Regulation in the emirate showed that the volume of real estate trading reached 3.3 billion dirhams, which was traded over a total area estimated at 1.8 million meters Square.
Mr. Nasser Al-Marzouqi, Director General of the Department of Land and Real Estate Regulation, affirmed that the real estate sector in the emirate of Ajman has maintained its positive levels thanks to the proactive measures and decisions enacted by the Ajman government, which were It has a positive impact and has significantly contributed to limiting the repercussions of the new Corona epidemic, Covid 19 - which cast a shadow on the global economy.
Al-Marzouki explained that the volume of real estate investments during the past year was estimated at about 4.6 billion dirhams, with the volume of citizens' investments reaching 2.3 billion dirhams, while foreign investments amounted to 2.1 billion dirhams, with registration Investments of the citizens of the Gulf Cooperation Council countries 143 million dirhams.
Al-Marzouki stated that the highest value sold during the year 2020 was recorded in the eastern sector in Al Zahia neighborhood, which amounted to 416 million dirhams, and the highest mortgage value was estimated at 467 million dirhams in the Al-Jarf neighborhood. 1 of the middle sector.
About the most popular neighborhoods, Al-Marzouki said that Al-Zahia neighborhood came in first place, followed by Al-Yasmine and Al-Alia neighborhoods, respectively. On the Ajman Pearl and Ajman One projects.
