Friday, December 16, 2011

New system to complete property title deed formalities in 45 minutes

The Dubai Land Department (DLD) has now launched an online appointment system, wherein the registered brokers need not queue up at the department office for registering a property transfer.

This comes as good news to more than 2000 registered property brokers in Dubai. The registered brokers can now fill up details of the property such as name, address, value of the deal etc., pertaining to the buyer online, and can use it to complete the property transfer.

The Title deeds can now be issued within 45 minutes, a senior DLD official revealed.

About two to three transactions have been already registered using the new system. The department is now seeking all registered brokers to use this new system.

The Assistant Director-General of Land Department, Mohammed Sultan Thani, explained that when the agent registers on the system, and feeds in the details of the transactions, he will be given a set time. This will help save their time, and permit to complete the transaction process at a faster pace.

However, the system is not yet open to individuals. They will have to make personal appearance after fixing an appointment, for their transactions.

1 comment:

Jay Krishnan said...

This seems to be good news to Dubai
property owners really its time saving....