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Ajman real estate sector woos investors
Delegates and senior government officials at the Ajman Real Estate Conference recently organised in the emirate.
dubai - Ajman has over 18,000 ready-to-occupy units available in the market at good price points
The conference was attended by 350 delegates and investors from across the GCC, India, South Asia and Pakistan and was aimed at showcasing the growth potential of Ajman's real estate sector.
Yafea Al Faraj, executive director of ARRA, said: "The Ajman Real Estate Conference 1 is a major step forward for our property sector and coincides with the strong growth witnessed in the emirate. These are exciting times for Ajman and its growth potential will get a major boost from the conference."
Real estate transactions in Ajman have been tightened and escrow accounts put in place. This, coupled with a stable market, offers the right environment for investments. Ajman has over 18,000 ready-to-occupy units available in the market by reputed developers at good price points.
"We believe the emirate offers returns on investments which are unmatched across the region," added Al Faraj.
Ajman has seen robust real estate activity in the year to date, with transactions worth Dh1.5 billion finalised. More than 18,000 freehold units were transacted during this period, up 39 per cent compared to 2015.
There were also workshops on sustainable practices for real estate development in Ajman.
- business@khaleejtimes.com
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