Dubai Land Department
DLD falls under the Executive Council of Dubai's umbrella, headed by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, and strives to provide a range of real-estate-related services. The most prominent of these services are documenting of property sales and purchases, issuing real estate ownership, organising and promoting investments, and spreading knowledge and culture pertaining to a well-trained and qualified national cadre in the real estate sector. The department strives to provide the best services to its clients and to facilitate customers' transactions, a culture inspired by the competitive and productive vision set by the Emirates 2021 plan.
In 2013, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Law No. (7) 2013 defining the Dubai Land Department's objectives as the government entity responsible for the registration, organisation, and promotion of real estate investments in Dubai. The Law aims to provide an attractive environment for investments by implementing international standards to enhance the development and growth of this vital sector given its prominent position to the local economy.
DLD seeks to achieve the objectives of Dubai Government's strategy in the real estate sector, and improve land registration procedures according to latest international systems and practices in the real estate sector. This is aligned with a framework of strategic objectives to plan and develop an integrated strategy to enhance the real estate industry in Dubai. The strategy will also help improve the sector's control and monitoring competency, oversee and develop its leasing regulations, and encourage investments by establishing appropriate environments to promote the role of real estate in Dubai's comprehensive development plan.
DLD also achieved top-rankings in the following indexes and reports:
The first in the region in real estate transparency index for 2018
The 7th globally and 1st regionally in real estate registration, according to Doing Business Index for 2019 issued by the World Bank
Real Estate Regulatory Agency
Whereby DLD sets legislations to regulate the relationship between all contracting parties and organises the exchange process of properties. The department provides many services to clients in Dubai, expanding its roles to planning, organising, and evaluating operations related to real estate licenses, and the organisation and development of real estate activities, as well as a commitment to monitor projects financially and technically in order to protect investors.