Ajman Introduces New Real Estate Law to Enhance Investor Protection
New legislation aims to boost transparency and attract investments in the emirate's real estate market.
Ajman: His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has enacted Law No. (1) of 2025, which establishes a new legal framework designed to bolster transparency and enhance investor protection within the emirate's real estate sector.
The law, effective immediately, applies to specific areas designated by royal decree and addresses three main categories of property: undeveloped land designated for joint real estate projects, dilapidated buildings set for redevelopment, and ongoing construction projects being executed under the real estate contribution system.
This legislative action is part of a broader initiative to create a sustainable and investor-friendly environment within Ajman, aligning with governmental objectives of attracting investment, enhancing regulatory oversight, and improving sector disclosure.
The Department of Land and Real Estate Regulation will be tasked with overseeing the issuance of initial approvals to licensed real estate offices and supervising all activities related to contributions under the new framework.
Furthermore, the department will establish and maintain a centralized Real Estate Contribution Register, which will document essential project data.
This register will include vital information regarding developers, investors, ownership percentages, property dimensions, and any amendments pertaining to the projects involved.
The register is expected to be available in both digital and physical formats, facilitating easier access and management of real estate contributions in the emirate.