Rapid and accurate procedure allows for issuance of title deed and transfer of property ownership in 30 minutes.
The Government of Dubai Land Department (LD) has been recognised in a list of top 10 issued by the World Bank for providing swift and accurate property registration.
30 minutes after an investor submits all required documents, a complete transaction is made without the need of a transaction facilitator, positioning the emirate’s service to leading levels worldwide.
Sultan Butti Bin Mejren, Director General of the Land Department, further elaborated on the procedures followed to issue a title deed or transfer property ownership in a timely manner. He said: “With the right systems in place and trained individuals offering support, we continue to make these transactions more efficient and in turn have taken out the need for a third party.”
In the past, this third party – the transaction facilitator – was hired by the original landlord or the client to curtail lengthy waits and difficult procedures. Today, the services of a facilitator are obsolete; by submitting the needed documents as per the legal requirements and LD’s regulations, the investor or client can complete this transaction within 30 minutes or less as LD applies a single procedure mechanism, according to the Director General of LD.
In 2011, the United Arab Emirates was 4th internationally in property registration in the Doing Business 2011 report, while it was ranked 11ththe year before, in the same index, and LD played a vital role in this achievement due to its continuous efforts in speeding the process of property registration transactions.
Bin Mejren thanked the international experts for shedding light on property registration mechanisms worldwide, and for recognising LD’s abilities in the procedure.
Since implementing new procedures, LD clients have welcomed these changes with open arms. Progress and development continue to come at the hands of employees and customer service staff who receive ongoing support to excel in their performance.
Bin Mejren, concluded by saying this achievement is not only at the hands of the people, but also the Emirate; as Dubai applies a solid mechanism for documenting that facilitates speed and accuracy.