A total of 855 real estate transactions worth AED974 million were recorded in Ajman in March, according to the Department of Lands and Real Estate Regulation in Ajman.

The highest sales value was recorded in the “Al Amra” area, with a value of AED44.5 million, the department said in a report.

Eng. Omar bin Omair Al Muhairi, the Director General of the Department of Lands and Real Estate Regulation, said that the accelerating growth rate achieved by the real estate sector confirms the advanced position of the Emirate of Ajman on the real estate map locally and regionally.

Al Muhairi added that the department recorded 177 mortgage transactions worth AED170 million in the reference month.