DLD issues 500,000 real estate permits to firms

The Dubai Land Department (DLD) in co-ordination with the Real Estate Regulatory Agency (Rera), has issued nearly 500,000 real estate permits to several companies through the 'Trakheesi' system, said a report.

Dubai Land Department

Trakheesi also allows brokerage offices and brokers working in the emirate to complete their transactions through the DLD’s official website, serving all parts of the Real Estate Licensing Department, reported state news agency Wam. One of the key benefits of Trakheesi is the speed in completing documents related to broker cards, where the time required for completion is now five minutes instead of two business days. These services include cards for brokers and residents, as well as cards for real estate management companies to achieve excellence and quality in the delivery of services, ensuring customer satisfaction and happiness. Ali Abdulla Al Ali, the director of the Real Estate Licensing Department at Rera, said: "Achieving this number reflects the overwhelming approval of 'Trakheesi' and the services it provides to customers in an easy, efficient, and professional manner." "It allows customers to obtain a wide range of permits to assist with their transactions with the highest degree of transparency, and in harmony with the regulations and legislations in this sector," stated Al Ali. The electronic service systems in 'Trakheesi' are easy to use, allowing for the immediate issuance of all types of permits at any time and without the need to go through Rera. Customers may obtain 15 types of approved real estate permits, including those for organising real estate exhibitions, and for outdoor and newspaper advertisements, as well as for open days. "Trakheesi" also helps customers carry out promotional campaigns and SMS, vehicle, and print advertisements, among others activities, for their real estate projects. One of the services offered by the system is also the issuance of permits for classified advertisements and billboards, said the Wam report. Developers are required to obtain permits from Rera to organise project launches, promotional campaigns and platforms, or to advertise and organise real estate seminars within the emirate. The new version of ‘Trakheesi’ was launched last year with an updated and improved service to further facilitate and accelerate the procedures needed by customers, it added.

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