Dubai Land Department (DLD) has signed a memorandum of cooperation with Emirates NBD, a leading banking group in the MENAT region, to establish a joint framework for conducting regulatory and technical studies.
The DLD-Emirates NBD partnership intends to develop streamlined mechanisms for real estate transaction registration and improve the efficiency of the broader real estate ecosystem.
Further, it will focus on delivering innovative financial solutions that prioritise customer experience and support investors throughout their property journey.
Under this partnership, both parties will collaborate on two forward-looking studies addressing procedural and regulatory aspects. The first study will focus on optimising the registration process for real estate transactions concluded outside the UAE, while the second will focus on offering financial services that simplify the registration of real estate sales transactions.
This strategic collaboration supports Dubai’s efforts to attract international investors by enhancing trust, simplifying processes, and reinforcing confidence in the emirate’s dynamic real estate sector.
Hesham Abdulla Al Qassim Vice-Chairman & MD Emirates NBD
“This partnership with Dubai Land Department represents a significant milestone in our commitment to innovation and delivering customer-focused solutions. Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector.”
Omar Hamad BuShehab, Director-General of Dubai Land Department, said that, “We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem and contribute to enhancing operational efficiency and market transparency.
“This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai’s position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate’s status as a global leader in real estate,” The DLD Director-General added.
This collaboration reflects Dubai’s comprehensive development vision under its D33 Economic Agenda, which aims to position the emirate among the world’s top three economic cities.
According to the statement, it also aligns with a broader direction to enhance the real estate market’s readiness to attract high-quality investments by providing a supportive regulatory environment that promotes sustainable growth and elevates the investor experience both locally and internationally.
