Dubai Land Department has announced plans to launch a new website to allow landlords, sellers, buyers and brokers operating in the emirate to list their properties in a bid to complete deals.
The E-mart website, which is being designed by the Dubai Government-backed unit, will be covered "by specific rules and regulations that promote a culture of transparency and openness, thereby ensuring the rights of all parties", a statement said. It did not give any more details about how the website would run.
The website is one of a number of new technologies to be unveiled by the Dubai Land Department at the forthcoming GITEX information technology exhibition, which takes place on October 20-24 at the Dubai World Trade Centre.
"We would like to thank our creative staff for developing the package of e-services that have been designed to advance the concept of e-transformation," said Sultan Butti Bin Mejren, director general of the Land Department.
"These services have been created as a response to the significant increase in activity witnessed by the emirate's real estate market and will work to help transform Dubai into becoming a future world leader in the global property sector," he added.
Among other new applications being showcased at GITEX is the Dubai investment map, which serves as an e-gateway linked to the department's website.
The initiative will show all real estate projects taking place across the emirate and will investors make purchasing decisions by providing the most up-to-date information based on trusted sources, the statement added.
It will also showcase the new e-mortgage system that allows banks operating in the country to electronically register real estate mortgages and foreclosure proceedings.
Its services will include registration, modification, conversion and mortgage redemption.
Ahmed Al-Shehhi, senior manager of Information Technology at Land Department, said: "We have been involved in designing the LD website and devising new smart device applications after conducting studies to identify the needs and requirements of customers.
"These new programmes will help increase the number of services provided for different categories of customers, keep stakeholders abreast of developments in the property sector and promote the highest standards and international practices in the global real estate field," he added.For all the latest real estate news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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