DLD to regulate lease registrations in freehold areas

Dubai / WAM

Dubai Land Department (DLD), announced that it will be developing an action plan through its Rental Affairs Sector to regulate lease registrations in Dubai’s Freehold and Free Zone areas.
The step is being taken to facilitate services in all of these areas for customers from all categories.
The regulated action plan has the support of Dubai Investments Park, DIP, a wholly-owned subsidiary of Dubai Investments, where officials from both DLD and DIP met to discuss the regulation of lease registrations and associated services, the responsibilities of the different parties, and methods for improving customer services.
Hamdan Al Madhani, Director of the Rental Relations Regulatory Department at DLD, said, “We are pleased to partner with Dubai Investments Park and exchange best practices that will help us to achieve strategic objectives and shared goals, while ensuring that we adhere to the regulations in place at our respective departments. We at DLD are keen to support the success of real estate projects in the UAE, and to provide our customers with easy, convenient services that enhance their happiness and satisfaction.”
In line with these objectives, Dubai Investments Park has agreed to fulfil DLD’s requirements in phases, including updating relevant data for all properties that are under DIP jurisdiction and registered in DLD’s ‘Ejari’
system.
Both parties also agreed to establish a registration mechanism for DIP properties through the relevant department. Dubai Investment is mandated with training candidates and granting them permission to use the rental system.