Page 240 - SOBHA REALTY PR REPORT - AUGUST 2024

Dubai Land Department Enhances Developer

Registration with Seven Strategic Agreements

19 hours ago

Dubai Land Department (DLD) has signed an agreement with seven developers in Dubai to grant
them the authority to use DLD’s registration systems to manage their real estate transactions. This
initiative aims to strengthen cooperation with the private sector and enhance the services provided
to the public through the department's electronic systems, contributing to reducing transaction
times and simplifying procedures.

The agreement includes Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha
Realty, and Azizi Developments Danube. These companies will use the advanced registration
systems developed by DLD to provide high-efficiency and quality services to Dubai Land
Department customers.

Majid Al Marri, CEO of the Real Estate Registration Sector at Dubai Land Department, said:
"Through this partnership, we aim to enhance market confidence in the real estate market, provide
greater protection for investor rights, and expedite and simplify procedures in accordance with
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."

https://mediaoffice.ae/en/news/2024/august/20-08/dubai-land-department