Tag Archives: Dubai Land Department

Summary of weekly real estate transactions for the week ending 29 December 2023.

Summary of weekly real estate transactions for the week ending 29 December 2023.

Dubai:The real estate and properties transactions valued at 14 billion in total during the week ending 29 December 2023. The sum of transactions was 3,063.

 216 plots were sold for AED 4.38 billion, 2,126 apartments and villas were sold for AED 5.38 billion.

 The top three transactions were a land in Zaabeel Second sold for AED 600 million, followed by a land that was sold for AED 456.52 million in Al Thanyah Fifth, and a land sold for AED 213.4 million in Wadi Al Safa 4 in third place.

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RDC stimulates unprecedented transformation in rental and jointly owned property disputes

RDC stimulates unprecedented transformation in rental and jointly owned property disputes

  • Launches ‘Metaverse Litigation’ and activates the ‘Judicial Probe’ service.
  • Tebyan digital connectivity platform connects RDC with 11 local and federal government entities.
  • 96% of the cases registered at RDC were settled.
  • The litigation accuracy rate showed consistent improvement, rising from 90% in 2021 to 93% in 2022 and 100% in 2023.
  • Abdulqader Mousa: “Today, we are witnessing a pioneering transformation in the realm of litigation and rental dispute resolution, with our proactive initiatives aimed at attaining leadership and delivering a customer experience aligned with the highest global standards and practices.”
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Summary of weekly real estate transactions for the week ending 15 December 2023.

Summary of weekly real estate transactions for the week ending 15 December 2023.

Dubai: The real estate and properties transactions valued at 12.9 billion in total during the week ending 15 December 2023. The sum of transactions was 3,888.

 304 plots were sold for AED 3.53 billion, 2,744 apartments and villas were sold for AED 7.15 billion.

 The top three transactions were a land in Palm Jumeirah sold for AED 940 million, followed by a land that was sold for AED 169.48 million in Saih Shuaib 4, and a land sold for AED 102 million in Madinat Dubai Almelaheyah in third place.

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Summary of weekly real estate transactions for the week ending 24 November 2023

Summary of weekly real estate transactions for the week ending 24 November 2023

Dubai: The real estate and properties transactions valued at 9 billion in total during the week ending 24 November 2023. The sum of transactions was 1,852.

 384 plots were sold for AED 2.54 billion, 1,468 apartments and villas were sold for AED 3.38 billion.

 The top three transactions were a land in Business Bay sold for AED 140 million, followed by a land that was sold for AED 87.5 million in Wadi Al Safa 5, and a land sold for AED 55 million in Warsan Fourth in third place.

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RERA offers 52 scholarships to citizens

On the occasion of the 52nd Union Day and in collaboration with the Innovation Experts Real Estate Institute

RERA offers 52 scholarships to citizens seeking to participate in a specialised training programme for real estate brokerage

Dubai, United Arab Emirates, 20 November 2023: In alignment with the UAE’s preparations to commemorate its 52nd Union Day, the Real Estate Regulatory Agency (RERA), an agency of Dubai Land Department (DLD), has partnered with the Innovation Experts Real Estate Institute to introduce an initiative aimed at empowering citizens in the real estate sector. This initiative involves offering 52 training scholarships for individuals to participate in a real estate brokerage course scheduled to take place from 27 to 30 November.

In this context, His Excellency Eng. Marwan bin Ghalita, CEO of RERA at DLD, said: “As we approach the UAE’s 52nd Union Day on 2 December, we reflect upon a journey marked by sustained national achievements and successes spanning various domains. These accomplishments have been realised since the establishment of the Union during the era of the late Sheikh Zayed bin Sultan Al Nahyan and continue to flourish to this day.”

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