Dubai Land Department Signs An e-Mortgage Agreement With Dubai Islamic Bank

Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which was signed by His Excellency Juma Bin Humaidan, Deputy Director General of DLD, and His Excellency Mohammed Abdulla Al Nahdi, Deputy Chief Executive Officer of DIB.

His Excellency Juma Bin Humaidan, 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.”

The agreement aims to save customers both time and effort by integrating DLD and DIB services. This 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.