Dubai Land Department puts the spotlight on apps
Dubai Land Department ventures into the real estate and finance sectors with its latest app development
DUBAI LAND DEPARTMENT (DLD) presented a series of app launches and updates during GITEX Technology Week 2016.
DLD displayed its active development with the necessary legislation to propel the real estate sector, with the release of its updated Dubai Brokers app. The app, which is linked to Trakheesi, provides information on approved and licensed real estate brokers operating in Dubai. The app now features performance and efficiency-based ratings, project information and the numbers of transactions made. The app aims to eliminate fraud, the use of unlicensed brokers and reduce cost.
HE Sultan Butti Bin Mejren, director general of Dubai Land Department, said: "The latest version of the application confirms our serious efforts to provide a safe
real estate environment that consolidates the position of Dubai as one of the safe investment havens where the rights are guaranteed for all. The application helps the customers practice their activities easily, which means they are fully satisfied and the index of happiness in Dubai is improved."
Another initiative to support real estate investors is DLD's visual Smart Investment Map application. The app includes advanced tools, such as a simulation system that provides the investor with answers, responses and comments on some of the questions asked. Additionally, it outlines requirements related to investment and lease purposes, with the application also displaying regions that may be appropriate for them.
HE Majida Ali Rashid, assistant director general of Dubai Land Department, said: "The Investment Map has consolidated the Dubai real estate market's position as one of the best and most developed investment destinations. This reaffirms our focus on providing security and convenience to real estate investors, and ensuring they can reach decisions grounded in clear facts, which are provided by the Investment Map."
DLD is also exploring the finance sector, as it launched it digital payment service dubbed Noqdi at GITEX. The service is intended to offer an alternative payment method to credit cards and cheques by using the web or app to settle fees electronically by simply registering by email.
Saad Abdulla Ahammadi, director of financial affairs department, Land Department of Government of Dubai said it intends to see 50% of all transactions to be processed through Noqdi by 2017.