Ajman Real Estate Department Reports Significant 80% Growth In Qualified Brokers For 2024

Ajman has made significant strides in empowering young Emiratis, especially in real estate. Under the guidance of H.H. Sheikh Humaid bin Rashid Al Nuaimi, the emirate focuses on integrating youth into diverse work sectors. This approach highlights the importance of investing in human resources and preparing them for future development plans.

The real estate market in Ajman is thriving, reflecting the emirate's rapid development. Sheikh Abdulaziz bin Humaid Al Nuaimi noted that real estate offices and brokers have played a crucial role in this growth. In 2024, sales brokerage values surpassed AED287.5 million, showcasing their significant contribution to the sector.

The Department of Land and Real Estate Regulation has made notable progress by qualifying 132 national real estate brokers by the end of 2024. This marks an 80% increase from 2023. The "Citizen Broker" initiative aims to produce 1,000 graduates by 2030, enhancing the market's performance significantly.

Sheikh Abdulaziz emphasised upgrading the brokerage profession and empowering Emirati youth. The focus is on developing their skills and understanding of real estate trading laws. This support helps them become entrepreneurs and investors crucial for achieving UAE's future goals.

The "Citizen Broker" initiative also benefits UAE women, allowing them to enter the real estate market confidently. Sheikh Abdulaziz highlighted that women have proven their competence and ability to contribute significantly to this sector's growth.

Wise leadership has created a supportive environment for women, encouraging them to thrive across various fields. This empowerment makes them active participants in the nation's development process.

Initiative Success and Future Goals

The Department has ensured all necessary resources for this ambitious initiative's success. The strong interest exceeded expectations, with numerous registration requests and positive participant interactions from diverse social and age groups.

An impressive 91% satisfaction rate among participants underscores the initiative's effectiveness. This feedback demonstrates its impact on enhancing skills and opportunities within the real estate sector.

Ajman's focus on empowering youth and women aligns with broader UAE goals. By fostering talent across demographics, Ajman contributes to national development while strengthening its own economic landscape.

With inputs from WAM