Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), aiming to save customers both time and effort by integrating DLD and DIB services. The integration will minimise the procedures for submitting documents for mortgage contract registrations by processing them through DLD's electronic mortgage system, eliminating the need for customers to visit DLD or any of its service centres.

The agreement was signed by Deputy Director General of DLD, His Excellency Juma Bin Humaidan and Deputy Chief Executive Officer of DIB, His Excellency Mohammed Abdulla Al Nahdi.

Dubai Land Department signs the e-mortgage agreement with Dubai Islamic Bank. Image credit: Dubai Land Department.

The Deputy Director General of DLD commented: "Our new e-mortgage agreement with DIB is aligned with our efforts to support Dubai's digital transformation and provide convenient transactions for all parties. We would like to express our gratitude to DIB's staff for their continued cooperation with us, and their support of DLD initiatives that contribute to the development of the Emirate's real estate sector."

Mohamed Al Nahdi said: "Our cooperation with DLD for the new e-mortgage services is an important step for our customers. The e-mortgage agreement with DLD will help provide a more effective solution with the aim of saving our customers time and effort. As the largest Islamic bank in the UAE, DIB has played a vital role in strategic partnerships with government institutions in support of Dubai's vision of creating a culture of innovation. As the largest mortgage provider in the UAE, DIB's collaboration with DLD is another testament to our leadership in the banking sector and supporting  Dubai's drive for digital transformation."

Senior Director of the Real Estate Registration Department at DLD, Sultan Al Akraf, commented that the initiative reflects the vision of DLD’s leadership to spread happiness, elevate Dubai's status as the smartest city in the world, and enhance the attractiveness of real estate investment to drive sustainable growth in the sector.

For more information, visit the Dubai Land Department website.

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