Keeping pace with the strong growth of the real estate sector in the emirate
Dubai Land Department issues 6,479 real estate licenses during 2022
Dubai Land Department issued 9,047 real estate permits in 2022. Archive
The Dubai Land Department revealed the issuance of 9,047 real estate permits and 6,479 real estate licenses during the past year 2022, as a culmination of the department's efforts to empower the real estate community through seamless real estate services, at a time when the department continues to work to facilitate the procedures for obtaining real estate permits of all kinds, and licenses. Diversified real estate, through the electronic "Trakheesi" system, with complete flexibility and within a few minutes, in a way that contributes to strengthening the role of the real estate sector in supporting the ambitious goals included in the "Dubai Economic Agenda D33" for the next 10 years.
The department explained that the results confirm the importance and centrality of the role of real estate permits in promoting the sector in general, stimulating more competitiveness in the market, as well as establishing the foundations of a safe real estate environment free of abuses, while the results also show the growing demand of real estate investors to obtain real estate licenses within the various activities that they undertake. covered by the sector.
According to "Dubai Land", real estate permits witnessed a strong growth of 46.6% compared to 2021, and were distributed in many areas, including: electronic ads (7947 permits), classified ads (180 permits), outdoor ads (164 permits), advertisements Vehicles (140 permits), billboards (138 permits), open day advertisements (95 permits), text message permits (84 permits), real estate promotion platform (75 permits), printed advertisements (50 permits), project launch party (38 permits );
While the remaining permits were distributed in other forms.
With regard to the number of real estate licenses issued by the department during the year 2022, it achieved a growth of 53% compared to 2021, driven by the outstanding performance witnessed by the real estate sector in the emirate in terms of real estate transactions and investments and attracting real estate development companies and brokers.
The Dubai Land Department confirmed that it continues to work according to an innovative and sustainable approach that enhances its strategic vision in consolidating the emirate's pioneering real estate model, harnessing technology to develop real estate products, and strengthening partnership with the private sector, thus continuing to improve real estate services based on communication with companies and knowledge of their needs. And thus upgrading the digital real estate system as a whole, and ensuring the provision of quality services of a high level and in the best international standards.
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