New digital property app collates smart services

13.10.2014
The new app launched by the Dubai Land Department has been designed to serve all those in the real estate sector, including landlords, developers, brokers, investors, tenants, government partners, banks and service providers. The Dubai Land Department launched a revolutionary new app at the 34th edition of GITEX Technology Week, aimed at collating over 200 smart services under one umbrella.
The Digital Property app is meant to serve the real estate business community so that individuals can access a variety of services via a single application wherever they are in the world. The systems contained within it include the 'Tabu' investment map, e-Mart, 'Trakheesi' Registration Trustees, 'Ejari' on-line registration system and many others.
"Digital Property aims to comply with and excel in the global standards for digital solutions in real estate. It provides easily accessible data and comprehensive solutions to simplify transactions and to support the real estate environment, which is the foundation to encourage real estate investment," said Sultan Butti Bin Mejren, director general, DLD.
"As the real estate market represents one of the key sectors contributing to Dubai's GDP, we need to be one of the pioneers for technical developments acclaimed by shifting completely to digital services," he added.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management