The number of of lease agreements registered on the online platform last January exceeded 165,000 residential and commercial lease agreements, setting a new record since the launch of the “Ejar” program and representing a 57% increase over the monthly average.

E-Ijar Services

The program stated in a press release that the number of residential leases registered in January exceeded 129,000, while more than 36,000 commercial lease contracts were notarized, at a daily average of 5,500 contracts over the past month. The upgraded Ejar network offers a number of electronic features, most notably simplifying the process of registering new contracts with easy and flexible steps, electronically notarizing contracts directly through the Ejar Network, and providing various payment options for rent and balance top-ups.

The platform has developed several partnerships

He emphasized that the record numbers and increased demand for “Ejar” follow the platform’s development and enhancement through a number of distinctive partnerships that protect the rights of all parties involved in the rental process, the most recent of which was linking water bills to the actual user’s name in collaboration with the National Water Company. It has also launched a number of distinctive services, such as the “Residential Unit Handover,” which aims to enable parties to the rental transaction to document the condition of the unit upon handover through electronic forms that are filled out and approved electronically by the parties to the lease agreement.

“Tenancy Conduct” Service

And the distinctive services added by the network is the “Lease Behavior” service, through which parties to the rental transaction evaluate their experience with the other parties, thereby creating a competitive and development-driven real estate rental environment that benefits the efficiency and quality of the services provided, It also enables the creation of a primary data source for an index of the behavior of parties involved in the rental process, It enables “Ejar” users to make rental decisions more efficiently, reduces risks, enhances transparency, and contributes to greater trust between tenants and landlords, It also enriches the rental process by fostering competition to improve the quality of rental services through an interactive evaluation system among the parties involved—tenants, landlords, and real estate brokers.