Danube Properties and Dubai Land Department sign an agreement to offer instant onsite Initial Sale Contract (Oqood) to customers
Danube Properties becomes one of the first real estate developers to process on-site Initial Sale Contract instantly
Date: Dubai, UAE, May 24, 2023
In a historic development, Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic private real estate developers, today signed a landmark agreement with Dubai Land Department to deliver on-site Initial Sale Contract (Oqood) almost instantly.
Once the necessary processes are completed, Oqood will be delivered instantly to Danube property buyers as compared to a longer standard process – saving time, hassle, and steps for investors – offering the highest level of customer happiness.
Dubai: The real estate and properties transactions valued at AED 9.4 billion in total during the week ending 12 May 2023. The sum of transactions was 3,112. 170 plots were sold for AED 1.89 billion, 2,261 apartments and villas were sold for AED 5.34 billion. The top three transactions were a land in Al Safouh Second sold for AED 300 million, followed by a land that was sold for AED 148.25 million in Saih Shuaib 4, and a land sold for AED 128 million in Island 2 in third place.