Ajman logs 1,140 property deals worth $531m as mortgage value jumps 80%
October trading reached AED1.22 billion across 900 sales, and a AED36.3 million transaction in Al Zorah was the month's largest single deal.
Ajman closed October with 1,140 real estate transactions worth AED1.95 billion ($531 million), a total that held close to September's AED1.9 billion.
The count barely moved either: 1,143 transactions in September, 1,140 in October. On the surface the emirate's market looked unchanged. Underneath, the mix shifted.
Property trading reached AED1.22 billion ($332.2 million) across 900 deals, according to the Ajman Department of Land and Real Estate Regulation. That is more transactions than September's 879, but at a lower combined value than the AED1.44 billion booked then. Buyers signed more contracts for less money.
The month's largest single sale was AED36.3 million in Al Zorah. Within the emirate's development projects, the biggest transaction was AED3 million in Ajman One.
Mortgage value climbs as deal count slips
Mortgage activity moved the other way. Ajman registered 139 mortgage transactions worth AED373 million in October, against 153 transactions worth AED207 million in September. The count fell by 14. The value rose by roughly 80 percent.
The largest mortgage of the month, AED31.4 million, was recorded in Al Jurf Industrial 2. The gap between the two months is almost entirely a value story rather than a volume one.
Omar bin Omair Al Muhairi, Director-General of the department, said October's performance reflected continued sales activity across property categories and ongoing investor interest in opportunities across the emirate.
Emirates City leads project activity
Emirates City was the most actively traded major project in October, followed by City Towers and Ajman One. At neighborhood level, Al Helio 2 ranked first, ahead of Manama 14 and Al Helio 1.
The ordering matches earlier periods. Emirates City led major-project trading in the first half of 2026, again ahead of City Towers and Ajman One, and Al Helio 2 was the most traded neighborhood across those six months. September's table differed only at the margins, with Azha Community taking second place behind Emirates City while Ajman One held third.
Activity stays concentrated in established developments and residential districts that keep drawing buyers. The department has repeatedly tied activity levels to the emirate's investment options and its competitiveness as a real estate destination.
A larger market beneath the monthly numbers
Monthly totals sit on a much bigger base. Ajman recorded more than AED10.8 billion in real estate transactions in the first half of 2026 across 6,815 deals. Trading accounted for 5,435 transactions worth AED7.64 billion. Mortgages totaled AED1.88 billion across 969 transactions.
The largest single sale in that window was AED215 million in Al Amera. The largest mortgage was AED123.5 million in Liwara 1.
October's headline number says little on its own. The internal shift is the story: more transactions at a lower combined value on the sales side, and fewer mortgages carrying far more capital each. Small units keep turning over. Larger, credit-backed positions are growing.
Valuations point to larger tickets
Third-quarter valuation work offers another angle. Ajman logged 738 valuation transactions worth more than AED3.31 billion between July and September. Commercial property supplied more than AED2 billion of that value, residential AED677 million and industrial AED278 million. Valuation measures assessed worth rather than agreed prices, and the department reports it separately from sales and mortgage figures.
Another 414 valuation transactions, worth more than AED981 million, were tied to Golden Visa investor applications. Those applicants must hold qualifying property in the emirate, which links the valuation pipeline to residency demand rather than to trading sentiment.
