Danube Properties & DLD sign deal to offer Oqood to customers

By Shilpa Annie Joseph, Official Reporter
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Dubai Economic Leadership Program
Rep. Image | Onno Kalverda @ Pixabay

UAE-based real estate developer, Danube Properties has signed a landmark agreement with Dubai Land Department in order to deliver on-site Initial Sale Contract (Oqood) instantly to customers.

Once the necessary processes are completed, Oqood will be delivered instantly to Danube property buyers as compared to a longer standard process, saving time, hassle, and steps for investors and offering the highest level of customer happiness.

The agreement reflects Dubai Land Department’s growing confidence and trust in Danube Properties, which has emerged as one of the fastest-growing real estate developers having launched and sold six projects in a year from January 2022.

The move comes as Real Estate Registration Sector at Dubai Land Department strengthens its service delivery to real estate buyers.

Mr. Majid Saqr Abdullah Al-Marri, Chief Executive Officer of the Real Estate Registration Sector at Dubai Land Department, said that, “The move is in line with Dubai Government’s vision to offer the best and most seamless customer experience in real estate. Dubai Land Department has been improving ways to make property transactions seamless and more efficient with the use of the latest technologies. This agreement with Danube Properties reflects our willingness to take our services to the customers’ doorsteps and fingertips. Instead of property buyers coming to us, we are going to them, through real estate developers, at their offices.”

“This new landmark initiative reflects the forward-looking and proactive vision of the Dubai Land Department to reach out to the property buyers and developers, who can now get their Oqood registered onsite and almost instantly. This is unheard of in this part of the world and makes Dubai Land Department one of the smartest land registries in the world,” commented Mr. Rizwan Sajan, Founder, and Chairman of Danube Group.

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