The Dubai Land Department (DLD) has inked a landmark agreement with seven major developers in Dubai namely Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube which grants them direct access to the DLD’s registration systems for managing real estate transactions.
The main aim of this initiative is 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.
This will enable these companies to utilise DLD’s advanced registration systems to deliver high-quality and efficient services to their customers. This will align with the department’s goal of streamlining real estate processes in the emirate.
Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, spoke on the partnership and said, “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.
