In a significant stride toward enhancing its real estate sector, His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has enacted Law No. (1) of 2025.
The new legislation establishes a comprehensive legal framework designed to bolster transparency, safeguard investor rights, and stimulate increased real estate activity across the emirate.
Key Objectives of the New Real Estate Law
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Enhance Transparency:Â The law aims to provide clear and accessible information about real estate projects, ensuring all stakeholders are well-informed.
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Protect Investors:Â By setting out clear guidelines and regulations, the law seeks to protect investments and ensure fair practices within the sector.
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Incentivize Real Estate Activity:Â The framework is designed to encourage growth and development in Ajman’s real estate market.
Scope of the Law
The new law applies to specific areas designated by royal decree and encompasses three main categories of property:
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Undeveloped land allocated for joint real estate ventures.
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Dilapidated buildings earmarked for redevelopment projects.
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Ongoing construction projects operating under the real estate contribution system.
Key Provisions of Law No. (1) of 2025
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The Department of Land and Real Estate Regulation will oversee the implementation of the new legal framework.
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The Department of Land and Real Estate Regulation is tasked with issuing initial approvals to licensed real estate offices and supervising contribution-related activities.
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A centralized Real Estate Contribution Register will be established and maintained by the Department of Land and Real Estate Regulation.
Real Estate Contribution Register
The Real Estate Contribution Register is a key component of the new law. It will document vital project details, including:
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Information on developers and investors
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Ownership shares
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Property sizes
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Amendments to projects
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The register can be maintained in digital or physical formats.
Government Goals
This legislative move aligns with the Ajman government’s broader objectives to
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Attract more capital investment into the emirate.
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Enhance regulatory practices within the real estate sector.
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Improve overall disclosure and transparency in real estate transactions.
