The Department’s Director-General, Abdulrahman Al Nuaimi, stated that the increase in transactions is indicative of Ajman’s increasing desirability as a place to live and invest.

The Ajman Municipality and Planning Department reports that in the first half of 2024, the transaction value of the Ajman rental market increased by 49 percent to AED2.277 billion.

Director-General of the Department Abdulrahman Al Nuaimi said that the rise in transactions reflects Ajman’s growing appeal as a destination to live and invest, which is supported by government initiatives and infrastructure improvements.

He emphasised that Ajman’s advantageous location and high standard of living made it a desirable destination for both enterprises and residents.

Residential rental contracts reached AED1.211 billion in H1 2024, according to Ammar Abdul Karim Al Kayed, Director of the Rental Regulation Department; commercial and investment contracts totaled AED 989 million and AED80 million, respectively.

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