Dubai Land Department (DLD) has entered into a strategic partnership with Emirates NBD, one of the leading banking groups in the MENAT region. The collaboration aims to create a joint framework for regulatory and technical research, focusing on transforming the real estate transaction landscape in Dubai. By introducing streamlined mechanisms, both parties seek to enhance the efficiency and transparency of the emirate’s real estate ecosystem.
Under the memorandum of cooperation, the initiative will include two targeted studies. The first will examine ways to optimise the registration process for real estate transactions completed outside the UAE. Meanwhile, the second will explore innovative financial services that simplify the registration of property sales. These studies are intended to support investors at every stage of their property journey while also ensuring regulatory clarity.
Supporting Investor Experience and Sector Growth
This collaboration supports Dubai’s ongoing efforts to attract global investment through process simplification and increased market trust. As part of the Dubai Real Estate Strategy 2033, the initiative aligns with the city’s ambition to build a competitive, innovation-led sector. It further complements the D33 Economic Agenda, which seeks to position Dubai among the top three global economic cities.
Omar Hamad BuShehab, Director-General of Dubai Land Department, said;
“We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem and contribute to enhancing operational efficiency and market transparency. This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai’s position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate’s status as a global leader in real estate.”
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, stated;
“This partnership with Dubai Land Department represents a significant milestone in our commitment to innovation and delivering customer-focused solutions. Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector.”
Aligning with Dubai’s Vision for Innovation
The partnership stands as a strong example of integration between government bodies and financial institutions. It aims to future-proof Dubai’s real estate sector by increasing adaptability, improving digital service delivery, and promoting excellence across the board. Moreover, by focusing on customer experience and international standards, the initiative reinforces Dubai’s position as a leading investment hub both regionally and globally.
