Dubai’s real estate market is experiencing unprecedented growth. The Dubai Land Department (DLD) offers a variety of services to support investors.
In this article, we explore the key services provided by DLD to stabilize and boost Dubai’s property sector.
What Is the Dubai Land Department?
The DLD is a government body overseeing and regulating Dubai’s real estate sector. Established in the 1960s, it aims to expand the market. It legalizes land sales and purchases, settles disputes, and boosts investment.
Whether you’re renting, selling, or buying property, DLD protects your rights and interests as a tenant, seller, or buyer.
Regulatory Arms of the Dubai Land Department
The DLD has several departments that manage the city’s real estate activities. For example, the Real Estate Regulatory Agency (RERA) handles regulations, settles disputes, and offers a legal framework.
The Real Estate Investment Management & Promotion Centre connects investors and clients for smooth communications. The Rental Dispute Settlement Centre (RDC) resolves issues between tenants and landlords.
Services Offered by the Dubai Land Department
DLD offers services like property registration, ownership transfers, title deed data services, and property valuation.
Additionally, it offers mortgage registration, broker licensing, e-services, and property lease valuation.
For those interested in rent-to-own properties, DLD provides registration services to facilitate such transactions.
Property Registration
All properties in Dubai are registered through the DLD. This includes ownership certifications and maintaining the official land registry. You can also open an Escrow account and get approval to sell off-plan properties.
Fees include AED 150,000 for registration, AED 10 for knowledge, and AED 10 for innovation.
One can also request a sale and purchase agreement in Dubai for off-plan properties.
Ownership Transfer Service
DLD facilitates ownership transfers between buyers and sellers. Services include ownership verification, transfer registration, and certificate issuance.
Fees include AED 250 for the title deed, AED 100 for the land map, and additional knowledge and innovation fees.
Title Deed Data Services
The DLD offers 22 title deed services issuing legal proof of ownership.
Services include issuance, contract cancellation, property exchange, and inheritance registration.
Additional services cover mortgage registration and cancellation, lease registration and cancellation, and property subdivision and consolidation.
Property Valuation Services
DLD offers property valuation services to help owners assess market value, find mortgage values, and determine taxes.
These services are essential for investors to understand their property’s worth.
The valuation facilitates informed decisions about buying, selling, or investing.
Mortgage Registration
DLD registers mortgaged properties in Dubai, making the process transparent.
Fees include 0.25% of the mortgage value, AED 250 for title deed issuance, and knowledge and innovation fees.
Service partner fees apply for services like initial sale registration called Oqood.
Real Estate Broker Licensing Services
RERA issues and renews licenses for real estate brokers and companies.
To become a real estate agent, you must complete a RERA-approved training at the Dubai Real Estate Institute (DREI).
The course fee is AED 3,000, and the broker license renewal fee is AED 250.
DLD’s E-Services
DLD offers e-services including online fee payments, transaction tracking, and access to documents.
These services aim to simplify property-related processes.
They enhance convenience and efficiency for property owners and investors.
Property Lease Valuation Services
DLD’s lease valuation identifies the actual value of vacant properties.
This valuation aligns with 2013 law number 43.
Fees include AED 2,000 per unit and AED 10,000 max, along with knowledge and innovation fees.
Rent-to-Own Property Registration Services
Rent-to-own allows buyers to make a down payment through monthly rent.
Fees include 0.25% of the rental amount for tenants, and 2% of the sale price for buyers and sellers.
Developers can self-register on the Oqood Portal for AED 1,000.
FAQs about DLD
DLD is located at Baniyas Road, Deira, Dubai, UAE.
For contact, call 800-4488 or email info@dld.gov.ae.
They are open Sunday to Thursday, 7:30 AM to 2:30 PM.
DLD’s comprehensive services make buying, selling, and renting property in Dubai more efficient and transparent.
With its varied offerings, DLD plays a crucial role in stabilizing and enhancing the real estate market.