Dh1.44bn in Q1 deals signals rising demand in Ajman rental market
Smart services and reforms enhance investor confidence
AJMAN – Ajman’s leasehold market has recorded robust growth in the first quarter of 2026, with total contract values rising significantly year-on-year.
Data released by the Municipality and Planning Department – Ajman (MPDA) highlights sustained demand across residential and commercial segments.
The total value of leasehold contracts reached Dh1.442 billion in Q1 2026, marking an increase of around 20 percent compared to the same period last year. The number of contracts stood at 36,432, underscoring steady activity across the rental sector. This represents a notable rise from Dh1.355 billion recorded in Q1 2025 and Dh1.203 billion in Q1 2024.
Market breakdown
A closer look at the figures shows residential leases accounting for the majority of activity, with 25,957 contracts signed during the quarter. Commercial leases followed with 10,415 contracts, while investment contracts totalled 60. The distribution reflects consistent demand for housing as well as growing business activity within the emirate.
Officials attributed the performance to efficient regulatory systems and increased market confidence. The attestation process for lease contracts continued to witness strong volumes, indicating streamlined procedures and operational effectiveness.
What’s driving the growth
According to the MPDA, ongoing improvements in infrastructure and public services have played a key role in enhancing Ajman’s appeal. Authorities also pointed to continued updates in legislation and the expansion of smart services designed to support investors and tenants alike.
The growth aligns with the objectives of Ajman Vision 2030, which aims to build a competitive business environment and attract sustainable investment. Regulatory clarity and flexible policies have contributed to creating favourable conditions for both entrepreneurs and property stakeholders.
Officials noted that the emirate’s leadership continues to prioritise incentives and supportive frameworks to stimulate economic activity, with a focus on maintaining momentum across key sectors including real estate.