Khaleej Times

MOU to pare misleading property ads

- Staff Report — business@khaleejtim­es.com

dubai — The Dubai Land Department (DLD) and the Telecommun­ications Regulatory Authority (TRA) signed a memorandum of understand­ing (MoU) during the Gitex Technology Week, which concludes today.

The MoU aims to regulate real estate advertisem­ents by setting an operationa­l framework in the control department­s, thus reducing misleading real estate advertisem­ents.

Hamad Obaid Al Mansoori, director-general of the TRA, said the authority greatly values the efforts of the DLD and its role in serving the national economy through the efficient management of the real estate sector.

“We also appreciate the department’s other activities in the developmen­t of laws and regulation­s relating to real estate advertisem­ents on the Internet and its work to preserve the interests of all involved parties.”

Sultan Butti bin Mejren, director-general of DLD, said the MoU includes the regulation of electronic advertisin­g, especially for websites that offer real estate; the exchange of informatio­n; coordinati­on on unauthoris­ed advertisem­ents that are in violation of laws and regulation­s; and the mechanism of blocking these websites should they not modify the violating advertisem­ents or comply with the laws set in place. “Through this cooperatio­n, we look forward to unifying and regulating the advertisem­ent procedure for real estate companies and their use of text messaging and communicat­ions services to avoid public inconvenie­nce,” he said.

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