Dubai Land Department

The Feature Supports Dubai Economic Agenda D33 Aims Dubai Land Department (DLD) has introduced a new feature called 'Instant Sale' that utilizes smart evaluation technology to streamline real estate transactions without requiring audits. This feature applies to the sales of real estate units, including apartments and villas, located in freehold areas and facilitated through Real Estate Registration...

Online Ads Received The Most Licenses, Which Is Surprising. According to data, the Dubai Land Department issued 9,047 real estate permits and 6,479 real estate licenses in 2022. An increase of 46.6% and 53.0%, respectively, over 2021 levels.  The rapid increase in permits and licenses is a reflection of the rising demand from international real estate investors. They are attracted by Dubai's robust...

Landlords Discover Their Renters Are Winning The Majority Of Judgments Under The Existing Rental Index. Both landlords and tenants are closely monitoring the Dubai Rental Index to see if it will soon fully reflect the rent hikes observed in 2022. However, their motivations for doing so are very different. Landlords prefer that their existing renters pay 15–25 percent more than they did when they...

The Tenant Initially Turned Down The Owner's Offer, But After A Shift In Circumstances, She Now Wants To Stay. Three months before my lease was set to expire in November. My landlord sent me an email proposing to extend it for another year at a 10% increase in rent. I told my landlord through email that I had other arrangements at the moment and would refuse the offer to extend the lease. About 40...

The Goal Of The Strategy Is To Elevate Dubai To The Status Of A Global Real Estate Role Model. The Dubai Land Department (DLD) unveiled its updated strategic plan and vision. Defining its characteristics and defining its trajectories through 2026. The new strategy will be implemented in three phases. With each phase involving the creation of a strategic plan for the department by DLD's staff, partners,...

Geared Toward Promoting An Integrated Concept Of Wellbeing And In Line With The National Strategy For Wellbeing 2031. One of the main pillars of comprehensive and sustainable development followed by the Dubai Land Department (DLD) to solidify the emirate's position. As a top real estate destination worldwide is enhancing buildings and communities and making them healthier, safer, and smarter. On...

Over Dh2.2 Billion In Real Estate Deals Are Done In One Day In The Emirate. According to information provided by the Dubai Land Department (DLD), the market for real estate in the emirate saw 544 sales transactions costing Dh1.64 billion on Tuesday. In addition to 78 mortgage deals worth Dh590.54 million 100 land plots valued at Dh633.18 million and 444 villas and apartments costing Dh1.01 billion...

This Expedites Transactions For Overseas Property Sellers. Are you a Dubai property owner based in abroad and would like to complete a potential sale quickly? You can do this right now by simply giving a registered broker Power of Attorney (PoA) rights and taking care of what needs to do. Such PoA rights have become valid as the demand for ready homes in Dubai. Particularly those that the new...

Demand Is So High That There Is A Premium For 'Vacant On Transfer' Villas In Dubai. In property rental market of Dubai, 90-day notice period is customary. How about 12-month notices, though? Yes, these extensive notices releases by landlords and property owners. Because of Dubai's extraordinary demand for built property. These property owners/sellers want to make sure that when a contract is signed...

One Of The Top 3 Transactions Was A Plot Of Land In Al Satwa That Sold For Dh44 Million. The Dubai Land Department has released data showing that 2,338 real estate transactions totaling Dh7.3 billion took place during the week ending October 14, 2022. (DLD). A total of Dh1.76 billion, 106 plots were sold, and Dh3.81 billion was spent on 1,791 apartments and villas. The top 3 transactions included the...

The Dubai Land Department's Rent Valuation Service Is Removing Obstacles to Rent Increases. A key to resolving any impasse in lease negotiations between tenants and landlords is quickly emerging as the rent valuation service provided by Dubai Land Department. Market sources claim that the valuation is completed within a few days. In addition, that everyone involved in the rent negotiation process now...