Dubai’s real estate and property pillar
The Dubai Land Department is a key player in the real estate market. It is a government body responsible for controlling and regulating real estate transactions.
- Objectives: It registers real estate transactions and their entry in the land register. It oversees compliance with building and urban planning standards, property management regulations and the issuance of the corresponding title deeds. It also provides analyses and figures on the state of the local real estate market to encourage investment.
- Its role. It monitors compliance with local laws and regulations. Its aim is to protect stakeholders and promote a fair and transparent business environment.
- Price: In Dubai, there isn’t really a notary as there is in France, since the Dubai Land Department is in charge. It enables the DLD to ensure the proper conduct of real estate operations and transactions, protect the rights of the parties involved and continue to develop its business. The fee is 4% and is payable with the first deposit.
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