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PRYPCODubai is a premier destination for property investments worldwide, and the government continually introduces initiatives to empower buyers and sellers further. In today's age, a vast amount of real estate data is available online, ranging from property listings to market trends. However, verifying information through a reputable source is crucial to ensuring accuracy and reliability.
Recognizing this, the Dubai Land Department has launched a 24/7 awareness service for property owners, tenants, and investors to answer their questions precisely. Let’s share the details of the Dubai Land Department awareness program with you.
Know More About Dubai Land Department Awareness Service
The Dubai Land Department (DLD) provides its customers with various services that also includes providing awareness and information. DLD has introduced a new service called 24/7 Awareness, which provides effortless access to all the information you need. It is an online platform created to offer continuous support and essential information to stakeholders in Dubai's real estate industry. This innovative service caters to property owners, tenants, and investors, providing a wide range of materials tailored to their needs.
Whether it involves understanding tenancy rights, exploring investment opportunities, or staying updated on current regulations, the 24/7 Awareness platformensures that clients have access to reliable, relevant information at all times, enabling them to make informed decisions in Dubai's dynamic property market. It is a key part of DLD's commitment to enhancing transparency, knowledge, and easy access to vital information within the real estate market. Here are the sections of DLD 24/7 Awareness Service, each offering detailed information to assist users effectively.
Re-shield
To access Re-shield, also known as the Real Estate Shield, click on the portal's left tab and enter your name, nationality, and your status as an owner, tenant, or investor. Re-shield offers insightful data on various real estate market topics in a frequently asked questions format, addressing top inquiries from tenants, owners, and investors.
If you're an owner, you will have access to various information on the DLD 24/7 Awareness Service Re-Shield, including general questions, service charges, Mollak services, management companies, and the owners committee.
Key topics in the tenants sections are guidance on handling evictions, your responsibilities for repairs and maintenance, understanding your lease agreement, tips for managing security deposits, and determining if you're paying a fair rental amount. If you choose the investor status, you will get access to essential tips on managing escrow accounts and guidance regarding the intricacies of investing in off-plan properties in Dubai.
Rules and Regulations
Want to know about Dubai Land Department Regulations? The Rules and Regulations section provides comprehensive information about Dubai real estate regulations, serving as a valuable legal reference for property seekers and agents. Here, you can download various legal documents related to the Dubai Land Department. This section includes legal provisions on topics such as Anti-Money Laundering (AML), Jointly Owned Property in the Emirate of Dubai, License Circulars, Leasing Brokerage Agreements, Emirates Book Valuation Standards, Real Estate Legislation, Tenancy Guides, and Survey Guides.
The third section of DLD's 24/7 Awareness Service connects to the DLD Instagram page. This social media platform features videos and infographics for all real estate stakeholders, regularly sharing essential information about the Dubai real estate market.
FAQs
To access the DLD 24/7 Awareness Service, you can visit the designated online platform provided by the Dubai Land Department. Users will need to enter their name, nationality, and status (owner, tenant, or investor) to gain access to the resources and support available on the site. This service ensures that relevant and accurate information is readily accessible at all times.
DLD assists property buyers in numerous ways to ensure a smooth and secure Dubai real estate transactions process. One of the primary services provided by DLD is the registration and documentation of property transactions. Moreover, DLD offers a wealth of information and awareness resources through its 24/7 Awareness Service and other platforms, providing accurate and up-to-date market information to help buyers make informed decisions.
The Dubai Real Estate Brokers Programme aims to increase the percentage of citizen brokers from 5% to 15% within the next three years. This initiative seeks to involve more young citizens in Dubai's developmental efforts across various key sectors. In line with the program, on March 31, 2024, the Dubai Land Department (DLD) announced a partnership with nine prominent developers, including both private enterprises and government-backed entities, to allocate a 15 per cent of property sales in Dubai to Emirati brokers.
A real estate escrow account is a bank account designated for a real estate project, where funds collected from purchasers for units sold off-plan or from project financiers are deposited. The primary purpose of the escrow account is to regulate the building and construction processes of these off-plan units, ensuring the protection of investors' rights.
Yes. foreigners can purchase property in freehold areas for foreign ownership in Dubai. They need to hold a valid passport to confirm their identity when purchasing property in Dubai. Foreigners can obtain a mortgage or pay cash for purchasing property in Dubai.
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