The Real Estate General Authority (REGA) has announced a 185% increase in the number of renewed Owners’ Association Certificates through its electronic portal during the first half of 2025, compared to the same period in 2024. The number of renewed certificates exceeded 635, as part of REGA's efforts to foster a sustainable regulatory environment that safeguards the rights of property owners and residents of jointly owned real estate units.
According to REGA, Mullak indicators for the first half of 2025 recorded 3,600 new Owners’ Associations, encompassing more than 9,000 registered real estate units, bringing the total number of accredited associations to 17,000. Over 16,000 new members joined during this period, raising the total number of registered members on the portal to more than 160,000. In addition, 4,000 association presidents and over 1,000 property managers were registered—reflecting the growing scope of participation in association management and the rising interest in regulating relationships between owners and enhancing the efficiency of community management.
REGA further reported that the total number of transactions processed through the Owners’ Associations portal exceeded 74,000. These transactions covered a wide range of services, including property registrations and transfers of ownership, voting for the appointment of association presidents and property managers, ratification of subscription minutes, opening of bank accounts, issuance and renewal of Owners’ Association Certificates, as well as issuance of the unified number (700) for entity registration and accreditation. Additional portal services also contribute to the development and regulation of the real estate sector.
It is worth noting that property managers in accredited Owners’ Associations are authorized to document lease contracts related to the investment of common areas. Such contracts require prior approval of the investment decision through members’ voting via the electronic portal, after which they can be officially documented through the Ejar platform.