Emirates News Agency – Abdulaziz Al Nuaimi launches “Ajman Auctions” project

Tuesday, September 14, 2021 – 2:28 PM

AJMAN, 14 September / WAM / Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, launched the Ajman Auctions project, which aims to regulate the sale of land and real estate by adopting renewable and innovative work methods that live up to the aspirations of the stakeholders and conform to their needs.

After the launch, Sheikh Abdulaziz bin Humaid Al Nuaimi confirmed that the new mechanism for holding real estate auctions in the Emirate of Ajman is a major part of the continuous modernization and development plan pursued by the department to keep pace with the rapid development and remarkable development witnessed by the Emirate of Ajman at all levels under the wise leadership of His Highness Sheikh Humaid bin Rashid Al Nuaimi, member of the Supreme Council and ruler of Ajman.

He explained that the Department of Land and Real Estate Regulation seeks, through this promising project, to maintain the stability of the real estate market and ensure the evaluation of trading operations based on market value, which contributes to advancing the economy and business competitiveness, and enhances the confidence of investors and businessmen in the positive prospects available in the Emirate of Ajman, as well as ensuring the The commitment of all concerned individuals, institutions and real estate offices authorized to engage in the activity of organizing real estate auctions to the procedures for selling land and real estate through auction.

Wam/ Yacoub Al-Awadi/ Reda Abdel Nour

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