Ajman Logs Dhs2.91 Billion in Rental Contracts Across First Half of 2026

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Ajman Logs Dhs2.91 Billion in Rental Contracts | AI-Generated Image

The Ajman Municipality and Planning Department reported that the total value of rental contracts registered during the first half of 2026 stood at Dhs2.91 billion, spanning 73,472 individual agreements. These results highlight ongoing activity in both residential and commercial segments as the emirate positions itself as a destination for living and business. The announcement aligns with longer-term efforts to strengthen economic growth through improved infrastructure and regulatory frameworks.

Abdulrahman Mohammed Al Nuaimi, director-general of the Ajman Municipality and Planning Department, said the emirate continues to consolidate its position as an integrated and ideal destination, supported by flexible legislation, advanced infrastructure and smart services that facilitate customer journeys and enhance quality of life and community wellbeing. Al Nuaimi added that Ajman continues to meet the needs of residents and investors, supporting the emirate’s comprehensive and sustainable development. He stated that the results clearly demonstrate growing confidence in Ajman and reflect the success of integrated efforts to provide a supportive and enabling environment for individuals and business owners, meeting their aspirations and keeping pace with the emirate’s continued growth across sectors that contribute to sustainable economic development.

Yousef Mohammed Al Sheiba Al Nuaimi, executive director of the rental regulation sector at the department, outlined the indicators and said they confirm continued activity in rental contracts and sustained demand for housing and investment. Al Sheiba Al Nuaimi stressed that the department remains committed to developing the rental regulation ecosystem and harnessing the latest smart technologies and advanced systems. The department’s announcement framed these outcomes as evidence of effective policies that respond to market requirements while advancing broader development goals.

Figures from the same authority carried by WAM showed rental contract values rose 20 percent year-on-year in the first quarter of 2026 alone, reaching Dhs1.442 billion across 36,432 contracts. This performance contributed to the half-year total and followed similar gains recorded throughout 2025, when annual rental transaction values increased markedly from earlier periods. The consistent upward trend underscores Ajman’s expanding role within the UAE property market.

A Colliers assessment of Ajman’s real estate sector identified average rental yields of 8 to 10 percent annually, factors that have drawn both domestic and international investors seeking competitive returns. The report pointed to the emirate’s relative affordability and ongoing infrastructure upgrades as drivers behind its growing appeal compared with other UAE markets. Such benchmarks provide context for the latest rental contract data released by municipal authorities.

Details on the UAE government’s official platform describe Ajman Vision 2030 as a framework that seeks to foster a competitive business environment and an investment climate driving economic growth while enhancing investment promotion and facilitation programmes. The rental market statistics correspond with several of the vision’s guiding principles, including greater private-sector participation and improved trade infrastructure. Municipal initiatives in smart services and regulatory efficiency further support these strategic objectives.

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Industry Gulf NewsDesk is the desk responsible for Industry Gulf's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.