Image: Dubai Media Office
The Dubai Land department (DLD) has signed a memorandum of cooperation with Emirates NBD to enhance regulatory processes and streamline real estate transactions.
The agreement sets out a joint framework for conducting technical and regulatory studies, focusing on the development of streamlined mechanisms for property transaction registration and delivering financial solutions to improve the overall customer experience.
As part of the partnership, two key studies will be launched. The first will explore ways to optimise the registration process for real estate transactions concluded outside the UAE, while the second will examine how financial services can be better integrated to simplify the registration of property sales.
DLD aims to advance real estate registration services
Omar Hamad BuShehab, DG of DLD, said the initiative is part of a broader strategy to improve market transparency and efficiency. “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,” he said.
The collaboration is aligned with the Dubai Real Estate Strategy 2033, which aims to build a competitive and innovation-driven property sector.
Hesham Abdulla Al Qassim, vice chairman and MD of Emirates NBD, said the bank’s involvement reflects a commitment to enhancing customer-centric services in real estate. “Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants,” he said.
The partnership is seen as a model for cooperation between public and private sectors, supporting Dubai’s ambition to create a resilient real estate ecosystem capable of adapting to global shifts and accelerating digital transformation.
