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Ajman's Ruler, Sheikh Humaid bin Rashid Al Nuaimi, enacted Law No. (1) of 2025 to boost real estate activity, enhance investor protection, and improve transparency within the emirate. This law focuses on specific areas designated by royal decree and covers undeveloped land for joint projects, buildings needing redevelopment, and ongoing projects utilizing the real estate contribution system. The goal is to foster a more sustainable and attractive real estate market, encouraging investment and strengthening regulatory oversight.
The new law streamlines the real estate landscape by establishing clear guidelines for various property types. It aims to attract capital and improve the overall investment climate in Ajman. The Department of Land and Real Estate Regulation will play a central role in implementing and supervising the law's provisions.
The Department of Land and Real Estate Regulation will oversee the issuance of initial approvals to licensed real estate offices. This department will also supervise all contribution-related activities. A key element of the law is the creation of a centralized Real Estate Contribution Register.
This register will meticulously document essential project details, including developer information, investor data, ownership shares, property sizes, and any project modifications. The register will be maintained either digitally or in physical form, ensuring comprehensive record-keeping and promoting transparency within Ajman's real estate sector.
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