Construction & Real Estate

Ajman Real Estate Investment Exhibition opens

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Ajman's real estate (photo credit - WAM)

The fourth edition of the Ajman Real Estate Investment Exhibition has opened, bringing together leading real estate developers, senior officials, policymakers, experts and industry specialists.

Under the patronage of HH Sheikh Humaid bin Rashid Al Nuaimi, Member of the UAE Supreme Council and Ruler of Ajman, the show opened at Emirates Hospitality Hall and will run through September 16, an Emirates News Agency (WAM) report said. 

Omar bin Omair Al Muhairi, Director-General of the Ajman Department of Land and Real Estate Regulation, said the exhibition reflects the department’s commitment to highlighting Ajman’s investment potential and showcasing promising real estate projects and diverse opportunities available to investors and industry stakeholders in the region.

Attractive destination

“The Ajman real estate market is an attractive destination for investment, supported by its strong competitiveness, flexible and investor-friendly regulations, advanced infrastructure and integrated government services,” Al Muhairi said.

He added that these factors help facilitate business activity and support the continued growth of the emirate’s real estate sector.

The previous edition of the event attracted 4,082 visitors and saw 891 transactions worth more than AED 442 million (120.35 million) in total, Al Muhairi said, describing the figures as evidence of the event’s success and growing investor and entrepreneur confidence in Ajman’s real estate opportunities.—TradeArabia News Service