New portal by the Dubai Lance Department will allow landlords to sell, trade, and manage their properties online.
Dubai Land Department (DLD) has announced plans for a real estate platform designed to cut out property management and service agents and reduce paper documents.
The Real Estate Self Transaction (REST) portal will allow landlords to trade and sell their properties online.
This includes functions like buying and selling and linking the customer directly with the bank for mortgages.
A database of properties will allow banks to offer direct mortgage, deposit the mortgage in the client’s account or decommission the mortgage after a sale and purchase.
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