The Department of Land and Real Estate Regulation in Ajman finalised 155 property valuation assignments in August, with the cumulative value exceeding AED 414.2 million.
Omar bin Omair Al Muhairi, the Department’s Director-General, confirmed that residential valuations dominated the tally, registering about AED 168 million. Commercial valuations contributed AED 158.7 million, while the balance covered industrial and special-purpose properties. The Department also handled valuations linked to court orders, institutional requests and investor applications under the Golden Residency scheme, which alone accounted for 107 cases totalling AED 177.85 million.
These figures reflect a marked divergence with the overall real estate transactional values across Ajman during the same month, which are estimated at Dh1.9 billion—an increase of 21 per cent year-on-year. The number of real estate transactions reached 1,389, with 1,116 trading deals, and mortgage registrations numbered 214, amounting to Dh285 million.
Al Muhairi remarked that the valuation volume underscores the evolving complexity of the Emirate’s property sector, noting that investor demand for accurate market assessments is growing. He emphasised that valuation work is increasingly tied to financial, legal and regulatory processes, not merely sales.
Analysts see the split between valuation and transactional figures as a signal that Ajman’s real estate market is maturing. The rise in investor-led valuations—especially those tied to the Golden Residency programme—points to greater attention to long-term asset viability over short-term flips.
Comparative data show that July’s valuations in Ajman stood at about AED 1.48 billion across a broader set of properties, indicating that August’s performance is selective but significant in value.
Regional conditions affect the Ajman market as well: neighbouring emirates like Sharjah have recorded AED 4.9 billion in real estate transactions in August, reflecting a robust Gulf property environment.
Mortgage flows also offer insight into capital dynamics: with 214 mortgage transactions totalling Dh285 million, credit availability remains a key enabler for buyers in Ajman.
Investors and developers cite Ajman’s relatively lower entry price points and regulatory incentives as attractive, yet stress that transparency in valuations and title clarity are critical to market confidence.
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