Thursday November 21st, 2024
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AED 550 Million Worth of Properties Sold in Ajman in a Single Day

The event saw 837 units sold across multiple developments, with flexible payment plans of up to six years driving demand.

Scene Now UAE

AED 550 Million Worth of Properties Sold in Ajman in a Single Day

UAE real estate developer GJ Properties Investments achieved AED 550 million in sales during a single day at the Ajman Sales Event, highlighting robust investor interest in the emirate's real estate market. The event saw 837 units sold across multiple developments, with flexible payment plans of up to six years driving demand.

Key highlights from the event include the 724-unit Al Ameera Village, the fifth phase of which sold out, Nuaimia Two Tower with 63 units sold, and Ajman Creek Towers with 50 apartments sold.

Ali Ghaleb Jaber, CEO of GJ Properties Investments LLC, emphasized that the strong demand highlights Ajman’s growing reputation as a top destination for those seeking a dynamic and contemporary lifestyle in the UAE. He further emphasized the company's dedication to enhancing Ajman's real estate sector by launching innovative projects aimed at delivering premium housing solutions to the market. 

In addition to its success in Ajman, GJ Properties has expanded its portfolio with the launch of Biltmore Residences Al Sufouh in Dubai. Located on Sheikh Zayed Road, the luxury project offers one- and two-bedroom apartments, as well as a penthouse with modern interiors and views of Dubai landmarks, including the Burj Al Arab and Arabian Gulf. The development is 62% complete, with handover expected in early 2026.

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