A partnership to provide innovative financial solutions and enhance the real estate system

The Dubai Land and Property Department signed a cooperation memorandum with Emirates NBD, with the aim of developing a joint cooperation framework for organizational and technical studies, aimed at developing mechanisms for registering real estate behavior and enhancing the efficiency of the real estate system, through innovative financial solutions that focus on dealers, and support investor trip in the real estate market.

According to this partnership, the two parties will cooperate in implementing two proactive studies that include procedural and organizational aspects, the first to improve the process of registering real estate actions concluded outside the UAE, and the second to provide financial services that contribute to simplifying the registration of real estate sales transactions.

“We are constantly developing innovative solutions that put the customer at the heart of the real estate system, and contribute to improving operational and transparency efficiency in the real estate market, and this partnership represents an important step towards building a common knowledge base, which opens new horizons for the development of real estate registration services, in a way that establishes the Dubai website as a global destination for real estate investment.”

In turn, the Vice -Chairman of the Board of Directors of Emirates NBD, Hisham Abdullah Al -Qasim, said: “This partnership embodies our continuous commitment to stimulate innovation and develop solutions that focus on customers, and will help the offers that we will provide to improve the experience of real estate transactions and enhance confidence among investors, which establishes the leading position of Dubai in the global real estate sector.”