Ithra Dubai Announces Completion of Top Out of Tower A and B at One Za’abeel
Dubai, UAE, April 12th 2021: Ithra Dubai, the leading real estate developer wholly owned by the Investment Corporation of Dubai, announced today the topping out of the structure of Tower A and Tower B at the iconic One Za’abeel, another major milestone for the developer’s flagship development.
DAMAC Properties to Hold First EverRamadan Sports Festival at AKOYA
Set to begin on 18 April, the three-week long sports event will have various sports competitions, including a duathlon, a Running Challenge, football& basketball matchesand a mini-Olympics for children
All events will be held at night at the AKOYA Community with some games taking place in DAMAC Hills
DLD’sMollakrecords new achievement, winssilver category atStevie Awards
The electronic system is awarded for employing technical innovation in customer service
Dubai, UAE, 4 April 2021:In a new achievement that confirms its innovative capabilities to enhance the real estate sector, Dubai Land Department (DLD), through the Real Estate Regulatory Agency (RERA), won the silver category atthe 2021 edition of Stevie Awards in recognition of its electronic Mollak system. The system outperformedits competition in technical innovation in customer service due to its unique technical advantages in this field.
DLD enhances auditing standards and controls on annual budgets for JOPs
Dubai, UAE, 28 March 2021:Standards and controls for auditing annual budgets for service charges and financial reports for jointly owned properties (JOPs) in Dubai have become more established and tightened after the Real Estate Regulatory Agency (RERA) at Dubai Land Department (DLD) signed agreements with 27 audit offices. This came within the framework of RERA’s constant keenness to enhance the principle of governance and control on JOPs through auditing firms and strengthening the strategic relationship and work with DLD’s partners by establishing anaudit process forthe audit firms to enhanceand complete the audit process and related transactions.