DLD completes 647 real estate settlements worth Dhs1.38 billion

Dubai Land Department (DLD) has successfully completed 647 amicable real estate settlements worth more than Dhs1.38 billion in the first half of 2024. Through the Oqoodi Platform service, 100% of the settlement agreements were approved, facilitating and expediting real estate settlements. This achievement has enhanced the effectiveness of managing disputes and provided a safe and reliable method for confirming and legally documenting each party’s agreement to the terms.

The Dubai Land Department is dedicated to finding amicable settlements to resolve property disputes peacefully, serving as a valuable resource for investors and developers. DLD boasts capable and qualified legal specialists to manage settlements between parties, ensuring their rights through specialized consultations and careful analysis of disputes.

This approach contributes to quick and effective solutions without resorting to the courts, therefore maintaining good relations and saving time, effort, and expenses associated with judicial proceedings. Additionally, the department legally documents agreements to ensure full compliance, thereby enhancing the confidence of developers and investors and promoting continued cooperation between them. Abdullah Al Zarooni, Legal Support Section Manager at Dubai Land Department, noted that amicable settlements underscore the vital role played by DLD in encouraging reconciliation through the Oqoodi Platform.

“This approach is an effective mean of resolving disputes swiftly and efficiently, achieving investor satisfaction and happiness. These settlements enable parties to proceed with their investments, ensuring that real estate projects continue without delays and effectively support multiple industries linked to construction.”

Dubai Land Department provides a conflict resolution service to customers, aiming to help investors and developers reach an agreement that satisfies all parties of the contractual relationship and guarantees their rights. DLD has harnessed all possibilities to resolve property disputes through reliable resolutions, thereby minimizing the need for judicial proceedings.

Source: GulfToday

3 Comments
  • Hamila Soni
    February 13, 2023

    Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure physical exercise, except to obtain.

    • reland
      February 13, 2023

      Eam soluta dicunt cu. Est ad oporteat appellantur, per dicta pertinax cu. Iusto quando conceptam vim ad, an sed explicari appellantur. Accumsan pericula usu an, in pri dolorum denique. Cu movet debitis cum

  • William
    February 13, 2023

    Denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself