diff --git a/src/dstack/_internal/server/routers/projects.py b/src/dstack/_internal/server/routers/projects.py
index 32c14c571..864e7b313 100644
--- a/src/dstack/_internal/server/routers/projects.py
+++ b/src/dstack/_internal/server/routers/projects.py
@@ -75,7 +75,7 @@ async def list_only_no_fleets(
 ):
     """
     Returns only projects where the user is a member and that have no active fleets,
-    sorted by ascending `created_at`.
+    neither owned nor imported, sorted by ascending `created_at`.
 
     Active fleets are those with `deleted == False`. Projects with deleted fleets
     (but no active fleets) are included.
diff --git a/src/dstack/_internal/server/services/fleets.py b/src/dstack/_internal/server/services/fleets.py
index 8fb93d08d..de7c86510 100644
--- a/src/dstack/_internal/server/services/fleets.py
+++ b/src/dstack/_internal/server/services/fleets.py
@@ -156,7 +156,8 @@ async def list_projects_with_no_active_fleets(
     user: UserModel,
 ) -> List[Project]:
     """
-    Returns all projects where the user is a member that have no active fleets.
+    Returns all projects where the user is a member that have no active fleets,
+    neither owned nor imported.
 
     Active fleets are those with `deleted == False`. Projects with only deleted fleets
     (or no fleets) are included. Deleted projects are excluded.
@@ -178,7 +179,14 @@ async def list_projects_with_no_active_fleets(
         .outerjoin(
             active_fleet_alias,
             and_(
-                active_fleet_alias.project_id == ProjectModel.id,
+                or_(
+                    active_fleet_alias.project_id == ProjectModel.id,
+                    exists().where(
+                        ImportModel.project_id == ProjectModel.id,
+                        ImportModel.export_id == ExportedFleetModel.export_id,
+                        ExportedFleetModel.fleet_id == active_fleet_alias.id,
+                    ),
+                ),
                 active_fleet_alias.deleted == False,
             ),
         )
diff --git a/src/tests/_internal/server/routers/test_projects.py b/src/tests/_internal/server/routers/test_projects.py
index 6903e7d3d..cf9068748 100644
--- a/src/tests/_internal/server/routers/test_projects.py
+++ b/src/tests/_internal/server/routers/test_projects.py
@@ -15,6 +15,7 @@
 from dstack._internal.server.services.permissions import DefaultPermissions
 from dstack._internal.server.services.projects import add_project_member
 from dstack._internal.server.testing.common import (
+    create_export,
     create_fleet,
     create_project,
     create_repo,
@@ -33,14 +34,6 @@ async def test_returns_40x_if_not_authenticated(self, test_db, client: AsyncClie
         response = await client.post("/api/projects/list")
         assert response.status_code in [401, 403]
 
-    @pytest.mark.asyncio
-    @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
-    async def test_list_only_no_fleets_returns_40x_if_not_authenticated(
-        self, test_db, client: AsyncClient
-    ):
-        response = await client.post("/api/projects/list_only_no_fleets")
-        assert response.status_code in [401, 403]
-
     @pytest.mark.asyncio
     @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
     async def test_returns_empty_list(self, test_db, session: AsyncSession, client: AsyncClient):
@@ -391,6 +384,14 @@ async def test_returns_total_count(self, test_db, session: AsyncSession, client:
 
 
 class TestListOnlyNoFleets:
+    @pytest.mark.asyncio
+    @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
+    async def test_list_only_no_fleets_returns_40x_if_not_authenticated(
+        self, test_db, client: AsyncClient
+    ):
+        response = await client.post("/api/projects/list_only_no_fleets")
+        assert response.status_code in [401, 403]
+
     @pytest.mark.asyncio
     @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
     async def test_only_no_fleets_returns_projects_without_active_fleets(
@@ -556,6 +557,48 @@ async def test_only_no_fleets_empty_result(
         projects = response.json()
         assert len(projects) == 0
 
+    @pytest.mark.asyncio
+    @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
+    async def test_only_no_fleets_not_includes_project_with_imported_fleets(
+        self, test_db, session: AsyncSession, client: AsyncClient
+    ):
+        user = await create_user(session=session, global_role=GlobalRole.USER)
+        exporter_project = await create_project(
+            session=session, owner=user, name="exporter_project"
+        )
+        await add_project_member(
+            session=session, project=exporter_project, user=user, project_role=ProjectRole.USER
+        )
+        fleet = await create_fleet(session=session, project=exporter_project)
+        importer_project = await create_project(
+            session=session, owner=user, name="importer_project"
+        )
+        await add_project_member(
+            session=session, project=importer_project, user=user, project_role=ProjectRole.USER
+        )
+        await create_export(
+            session=session,
+            exporter_project=exporter_project,
+            importer_projects=[importer_project],
+            exported_fleets=[fleet],
+        )
+        project_no_fleets = await create_project(
+            session=session, owner=user, name="project_no_fleets"
+        )
+        await add_project_member(
+            session=session, project=project_no_fleets, user=user, project_role=ProjectRole.USER
+        )
+
+        response = await client.post(
+            "/api/projects/list_only_no_fleets",
+            headers=get_auth_headers(user.token),
+        )
+        assert response.status_code == 200
+        projects = response.json()
+
+        assert len(projects) == 1
+        assert projects[0]["project_name"] == "project_no_fleets"
+
     @pytest.mark.asyncio
     @pytest.mark.parametrize("test_db", ["sqlite", "postgres"], indirect=True)
     async def test_only_no_fleets_respects_user_permissions(