Did You Know About DLD's 'Instant Sale' Feature?
Did you know that the Dubai Land Department (DLD) has introduced a service that allows property transactions to be completed in minutes? It’s called the 'Instant Sale' feature, enabling buyers and sellers to finalise deals without the need for lengthy audits.
This feature is a key part of Dubai's ambitious Economic Agenda D33. Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the D33 agenda aims to double Dubai’s economy by 2033.
What is DLD’s 'Instant Sale' Feature?
The 'Instant Sale' feature, introduced by the Dubai Land Department (DLD), simplifies real estate transactions. It utilises smart evaluation technology to streamline the process, allowing buyers and sellers to complete transactions—including contract signing, valuation, fee payment, and title deed issuance—within minutes at Real Estate Registration Trustee offices.
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How Does the 'Instant Sale' Feature Benefit Real Estate Transactions?
The feature eliminates the need for audits, significantly speeding up the process. This means that transactions can be completed more efficiently, enhancing the overall customer experience and aligning with Dubai's vision of being a leading global business hub.
What Impact Does This Feature Have on Dubai’s Real Estate Market?
By facilitating quicker and more efficient transactions, the 'Instant Sale' feature supports Dubai’s growth as a major real estate hub. It helps attract more investments in Dubai’s top freehold areas and reinforces the city’s position as an attractive place to live and work.
If you're considering investing in Dubai’s property market but have questions, we recommend trying out BayutGPT, the world's first AI-powered property search assistant. It offers an extremely interactive and personalised journey for those navigating the UAE’s dynamic real estate market.
What are your thoughts on this new feature? Let us know in the comments. If you found this edition informative, make sure to subscribe to our newsletter - the Real Estate Radar with Bayut!
Top Product Management Voice | Product Manager | Top Product Innovation Voice | Digital Innovation Strategist | Fintech & IoT Expert | Growth Strategiest | CSPO? | PMP? | Six Sigma GB | AI-Driven Solutions | UAE
3 个月Bayut.com really impressive and innovative feature - Instant Sale. Credit also goes to DLD's visionary policy. User friendly policies always enhance the Power of Innovation. In addition, loved the bayutGPT product and tried few prompts. In a curious note, why my intentional prompt on dubizle is not working on bayutGPT? Isn’t it a part of Bayut?
Real Estate B2B Internet's Marketing / Lead Management / Project Concept / Digital/ Sales/ off plan projects/ secondary marketing
3 个月Good to know!