Tag Archives: Dubai Land Department

Technologies

Aiming to benefit from the expansive opportunities of artificial intelligence

Digital Dubai Launches Initiative to Enhance Data Quality, Aligning with Highest International Standards

Younus Al Nasser:

Prioritizing data quality and leveraging artificial intelligence will broaden horizons and enhance Dubai’s position as a global digital city.

Dubai, 16July 2024- In line with the increasing significance of digital data and artificial intelligence in advancing government operations , Digital Dubai has announced the launch of an initiative aimed at elevating the level of data standards in terms of quality, accessibility and governance.

H.E. Younus Al Nasser, Chief Executive, Dubai Data & Statistics Establishment

The initiative aims to establish a leading platform for exchanging experiences among government entities and learning about best practices to enhance the quality of data provided on the Dubai Pulse platform. This platform supports informed decision-making at the senior leadership levelsand within the boarder government ecosystem in the emirate.Top of FormBottom of Form

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Real Estate

Aafaq Islamic Finance PSC Partners with Dubai Land Department to Oversee Real Estate Escrow Accounts

Dubai, UAE – 8 July 2024

Aafaq Islamic Finance PSC has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU). This agreement designates Aafaq as an authorized financial institution to provide escrow services, joining a select group of accredited account trustees managing off-plan project funds for real estate developers in Dubai. This collaboration aims to support the UAE real estate market’s growth amid rising demand for homes.

These specialized escrow accounts are designed for real estate projects, holding funds collected from off-plan investors or project financiers. They ensure a smooth construction process and protect investors’ interests, thereby increasing trust in the real estate sector.

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Real Estate

بن غاطي للتطوير” توقع شراكة استراتيجية مع “أراضي دبي” لتدعم دور المواطنين في السوق العقاري

“بن غاطي للتطوير” توقع شراكة استراتيجية مع “أراضي دبي” لتدعم دور المواطنين في السوق العقاري

المهندس محمد بن غاطي:

– الشراكة مع دائرة الأراضي والأملاك في دبي تعزز التكامل بين القطاعين الخاص والعام للمساهمة في تحقيق أهداف برنامج دبي للوسيط العقاري

–  “بن غاطي” تطمح بأن تكون نموذجًا رائدًا في دعم الشباب الإماراتي وتمكينهم وتعزيز قدراتهم لتطوير قطاع العقارات

– تقديم خصومات خاصة تستهدف دعم الوسطاء والمستثمرين المواطنين

دبي، الإمارات العربية المتحدة، الأربعاء 5 يونيو 2024:

وقعت بن غاطي للتطوير العقاري، الشركة الرائدة في مجال العقارات في دبي، اتفاقية شراكة استراتيجية مع دائرة الأراضي والأملاك في دبي لدعم “برنامج دبي للوسيط العقاري” الهادف إلى تمكين الكوادر الإماراتية في القطاع العقاري.

وقد وقّع اتفاقيّة التحالف الاستراتيجي، سعادة المهندس مروان بن غليطة، المدير العام بالإنابة لدائرة الأراضي والأملاك في دبي، والمهندس محمد بن غاطي رئيس مجلس إدارة شركة بن غاطي للتطوير.

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Real Estate

Binghatti partners with the Government of Dubai’s Land Department to support the role of Emiratis in the real estate market

Binghatti partners with the Government of Dubai’s Land Department to support the role of Emiratis in the real estate market

Muhammad BinGhatti:

  • “This strategic partnership (with DLD) is a significant milestone in our efforts to empower Emirati investors and agents. By fostering inclusivity between private and public sectors, we are not merely strengthening Emirati participation in the real estate market, but also ensuring Dubai’s thriving, dynamic, and sustainable future.”
  • “Binghatti aspires to become a role model in empowering the youth, especially among the local Emirati population through this partnership.”
  • “Offering special discounts and payment plans as well as special agent fees  to support the Emirati agents & investors”.
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Real Estate

Dubai Land Department fines three developers AED 1.5 million for not complying with real estate escrow account regulations

Dubai Land Department fines three developers AED 1.5 million for not complying with real estate escrow account regulations

Dubai, United Arab Emirates, 02 June 2024: Dubai Land Department (DLD) has fined three developers in Dubai AED 500,000 each for promoting and marketing real estate projects without completing the required registration procedures for off-plan projects, in accordance with Law No. 8 of 2007 on Real Estate Development Escrow Accounts in Dubai.

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