Tuesday, April 23, 2024

Creating liberating content

HomeWorldAjman real estate...

Ajman real estate transactions total AED 7.17 bn in H1’23 – World News Network

Ajman [UAE], August 23 (ANI/WAM): The real estate market in Ajman showed robust performance in the first half of 2023 (H1’23), with total real estate transactions surpassing AED 7.17 billion.
This figure, which represents a significant growth rate of 15.6 per cent compared to the corresponding period in 2022, was included in the real estate report published by the Department of Lands and Real Estate Regulation and underscored the thriving economic activity in the emirate’s property sector.
Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real Estate Regulation, said that the aforementioned period witnessed a total of 5,310 real estate transactions, adding that the cumulative value of these transactions exceeding AED7.17 billion highlights a robust demand for properties.
The trading volume accounted for AED 4.57 billion, involving 3,980 trading operations. Mortgage transactions numbered 972, translating to a total value of AED 1.55 billion.
Al Muhairi also noted that this performance is in line with the consistent upward trajectory of the emirate’s real estate sector and can be primarily attributed to a sustained demand for properties and a steady inflow of investments in diverse real estate projects within the emirate.
May, in particular, emerged as a notable month, witnessing a peak value of real estate transactions totalling AED 1.9 billion, signifying an impressive growth rate exceeding 133 per cent compared to the corresponding month in 2022.
These statistics also collectively portray the resilience and vibrancy of Ajman’s real estate market. (ANI/WAM)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

Get notified whenever we post something new!

spot_img

Create a website from scratch

Just drag and drop elements in a page to get started with Newspaper Theme.

Continue reading

Jayesh Saini, chairman of Lifecare Hospitals, felicitated with “Best Emerging Leader 2023” – World News Network

New Delhi [India], November 16: In a momentous celebration of innovation and excellence, Jayesh Saini, the visionary Chairman of Lifecare Hospitals, has been honored with the prestigious "World's Best Emerging Brand for Lifecare" and "Best Emerging Leader" awards from the esteemed WCRCINT at The House of Lords, London.

SundayGrids Unveils Revolutionary ‘Digital Solar’ Platform, Paving the Way for Accessible Clean Energy in India – World News Network

Mumbai (Maharashtra) [India], November 16: SundayGrids, an innovative clean energy company, has launched a groundbreaking 'Digital Solar' service, revolutionizing the way urban India interacts with solar energy. This pioneering platform enables individuals to subscribe to solar power without the need for rooftop panel installations, overcoming one of the most significant barriers to solar adoption in densely populated areas.

Global Fisheries Conference India 2023 to be held in Ahmedabad on Nov 21- 22: Union Minister Rupala – World News Network

The curtain raiser event of the Global Fisheries Conference India 2023 Union Minister Parshottam Rupala said, "The Indian Fisheries Sector has shown a growth of in fish production, export, aquaculture that is the cumulative result of efforts from Centre, States/UTs and beneficiaries in all fields particularly Inland Fisheries that makes up for more than 70 per cent of the fish production".

Enjoy exclusive access to all of our content

Get an online subscription and you can unlock any article you come across.