Linking electronic systems and unifying land plots
• Bin Mejren: Cooperation with our partners enhances market transparency and increases investment attractiveness
• Abdulla Al Habbai: A strategic step to achieve best practices of joint government actions
Dubai, United Arab Emirates, 17th September 18: Dubai Land Department (DLD) and Dubai Creative Clusters Authority (DCCA) signed two memorandums of understanding (MoU) as per the parties' interests to structure and develop their relationship.
The first MoU covers the integration of electronic systems and the exchange of both information and technical expertise, while the second revolves around the registration of freehold lands or properties by free zone companies. Through the two agreements, DLD and DCCA will enhance their common interests of achieving complementarity, cooperation, and close coordination between them in line with achieving Dubai's vision and strategy.
HE Sultan Butti bin Mejren, Director General of DLD, commented: "We are keen to expand our partnerships with various institutions and departments in Dubai in order to jointly achieve outstanding governmental performance and raise the Emirate's level of competitiveness. Our cooperation with DCCA will help us provide easy services to our customers through consistent coordination, especially as DCCA has the power to approve general plans, construction site plans, building permits, and commercial licences. The MoU allows the parties to exchange information and data to facilitate procedures for the auditors, enabling the development and strengthening of databases for both DLD and DCCA."
Bin Mejren added: "Our cooperation with DCCA will contribute to the regulation and control of land and real estate registration procedures by free zone companies and the transfer of partners' shares. There will be specific mechanisms for the coordination and active participation between the parties for their benefit, as well as the application of transactions with full transparency, contributing to the stability of Dubai's real estate market, and enhancing its position as a preferred investment destination."
His Excellency Abdulla Ahmed Al Habbai, Director General of DCCA, said: "Signing the two MoUs with DLD is an important strategic step to achieve best practices in the joint government work which aims to simplify procedures for our customers, and reaffirm our full commitment to enhancing Dubai's reputation as a leading city in fostering creativity. This is done by facilitating business practices and removing growth barriers, making Dubai the preferred regional and international destination for emerging and leading companies."
Al Habbai added: "DCCA continues to implement its operational plans as part of its strategy which is in line with Dubai's future vision to meet the needs of a growing market through the optimal recruitment possibilities, with the aim of improving the services provided to customers, and of increasing Dubai's competitiveness based on the culture of innovation, in line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai."
MoUs
In the first MoU, DLD looks forward to a joint cooperation with DCCA to achieve an integrated electronic link, allowing for the exchange of real estate data and the issuing of unified plots for both parties. This enables the parties to structure and develop their relationship and promote their common interests, consolidating their cooperation and coordination to achieve the vision and strategy of Dubai and the public interest.
The second MoU, which focuses on the registration of freehold lands or properties under free zone companies name, includes nine articles focused on both parties' commitments to achieve the objectives of the MoU, in addition to the coordination, follow-up, and exchange of information.
The two parties agreed on the mechanisms through which they will implement their obligations and cases prior to the effective date of the MoUs in order to ensure optimal application. They also agreed to find and develop appropriate electronic solutions to facilitate the implementation of the provisions stated in the MoU.
DLD will also coordinate with DCCA and request any information or data relating to a free zone company looking to register its real estate transaction. The DCCA will then provide DLD with the required data within an agreed period of time from the date of receiving the application.
-ENDS-
About Dubai Land Department:
Dubai Land Department (DLD) was founded in January 1960 to establish the most prominent real estate sector in the Middle East and the world. It provides outstanding and integrated services to all its customers while developing the necessary legislation to propel the real estate sector in Dubai through the regulation of the sector, organising and promoting real estate investments, and spreading industry knowledge in search of regional and worldwide real estate innovation.
Unified Toll Free Number:
In order for Dubai Land Department to provide the best possible service in a rapid manner and to ensure the comfort and happiness of our customers, it has activated a new toll-free call centre number [8004488]. This can be used for all Dubai Land Department and Rental Disputes Center enquiries.
For more information, please call:
Media Office - Top Management
+971 4 2030440