DLD offers remote registration system

dubai — Dubai Land Department (DLD) has successfully introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from anywhere in the world.

The new system allows them to complete procedures and transactions without being physically present in Dubai or delegating it to someone else.

The introduction of the remote system is part of a governmentwide smart transformation gaining momentum in Dubai as part of which public entities are deploying advanced infrastructure to ensure availability of services any time anywhere. The new system allows direct interaction between the seller and buyer and the finalisation of procedures through audio-visual communication.

The verification process for authenticating property owners and confirming their approval for the transaction can be conducted digitally and remotely. The system also facilitates money transfer through an escrow account that protects the rights of all parties. Money transfers can be transferred within three working days to the seller’s account.

The Department has successfully completed 550 transactions worth Dh600 million through this system. Total real estate transactions processed over the last two months by the Dubai Land Department and real estate registration trustee offices operating part time reached 3,000.