20% growth pushes the value of rental contracts in Ajman to 1.442 billion dirhams during the first quarter
Ajman, April 28 / WAM / The Municipality and Planning Department in Ajman announced that it recorded a noticeable growth in the value of rental contracts during the first quarter of 2026 compared to the same period in 2024. The increase amounted to about 240 million dirhams, at a rate of 20%, bringing the value of rental contracts to one billion and 442 million dirhams, with a total of 36 thousand and 432 contracts, which confirms the status of Ajman as an inspiring investment environment, and is in line with the strategic goal of the department, which is to design executive policies that attract investment, and in line with the directions of Ajman Vision 2030 to create a competitive business environment and investment climate that drives economic growth.
The department explained that the value of rental contracts continued to grow during the first quarter of 2026, compared to the same period in 2024. It amounted to one billion and 203 million dirhams and registered 34 thousand and 957 contracts, while the value rose to about one billion and 355 million dirhams in the first quarter of 2025 through 39 thousand and 9 contracts.
His Excellency Yousef Mohammed Al Shaiba Al Nuaimi, Executive Director of the Rental Regulation Sector at the Department, confirmed that the indicators embody the emirate’s leadership in the field of investment and sustainable work in various sectors, and confirm the success of the regulatory and legislative efforts that contribute to enhancing the emirate’s attractiveness and providing a positive, balanced and sustainable environment that meets the needs of different segments of society.
He said that the department continues to develop the smart services system and update legislation to keep pace with rapid growth and enhance the confidence of investors and dealers in the real estate market. He stressed that the department is intensifying its ongoing efforts to consolidate the emirate’s position as a leading and attractive destination for residents, tourists and investors, and to promote the building of a competitive business environment and a sustainable investment climate that supports economic growth.
He explained that the Emirate of Ajman has integrated components, provides a safe and high-quality living environment, and continues to develop and improve in the areas of infrastructure and public services, which contributes to enhancing the emirate’s competitiveness and raising its ability to attract quality investments.
He said that the increase in the value of rental contracts reflects the improvement in the quality of services provided, the development of digital infrastructure, in addition to enhancing the customer experience, in order to achieve the highest levels of satisfaction and happiness, stressing the continuation of work to provide proactive services that meet the aspirations of society and the business sector.
His Excellency indicated that the processes of ratifying lease contracts of various types recorded remarkable activity during the first quarter of the current year. The total number of contracts reached 36,432 contracts, divided into 25,957 residential contracts, 10,415 commercial contracts, in addition to 60 investment contracts, reflecting the high demand in the rental market and the efficiency of the work system in the emirate.
It is noteworthy that the directives of the wise leadership in the emirate focus on motivating citizens and investors alike, by providing an integrated system of supportive facilities and incentives. Legislation and regulations in Ajman are characterized by flexibility and clarity, which contributes to creating an environment conducive to entrepreneurship.
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