The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube
The Dubai Land Department (DLD) has entered into a landmark agreement with seven major developers in Dubai, granting them direct access to the DLD’s registration systems for managing real estate transactions.
The initiative is designed to enhance collaboration with the private sector and improve the efficiency of services offered to the public through DLD’s electronic systems, ultimately reducing transaction times and simplifying procedures.
The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube.
These companies will now utilise DLD’s advanced registration systems to deliver high-quality and efficient services to their customers, aligning with the department’s goal of streamlining real estate processes in the emirate.
Dubai Land Department aims to build confidence in the property market
Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, commented on the partnership, stating, “Through this partnership, we aim to enhance market confidence in the real estate sector, provide greater protection for investor rights, and expedite and simplify procedures by transparent governance standards.
“Elevating the levels of partnership with the private sector and achieving integration with government services remain top priorities for us. This ensures the provision of proactive real estate services, raises awareness, confidence, and transparency in the sector, and solidifies its sustainability and future readiness.”
0 comments