Sheikh Hamdan approves DLD restructure
DLD has been restructured around three pillars: Corporate Support, Real Estate Registration Services, and Real Estate Investment Promotion
The Dubai Land Department (DLD) has been restructured, following approval from HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council.
HH Sheikh Hamdan leads DLD and approved a new organisational structure for the department, which provides realty services including documenting property sales, issuing real estate ownership, and promotes investment in Dubai property.
A revamped organisational structure revolves around three areas: Corporate Support, Real Estate Registration Services, and Real Estate Investment Promotion.
Corporate Support is comprised of a number of different DLD functions, including Trusts and Reparation, Corporate Communication, Human Resources Happiness, Finance, Administrative Affairs, and Information Technology.
Customer Happiness, Real Estate Valuation, Real Estate Registration, and Survey fall within the DLD’s Real Estate Registration service.
And the newly-restructured DLD arm of Real Estate Investment Promotion features Real Estate Promotion, Real Estate Studies, and Real Estate Development.
The restructured DLD includes the Real Estate Regulatory Agency (RERA), the Dubai Real Estate Institute (DREI), and the Rental Disputes Centre (RDC).
The departments of Monitoring and Risk Assessment, Strategy and Corporate Development, and Legal Affairs report to the director general of the DLD, HE Sultan Butti bin Mejren.
Bin Mejren is to issue bylaws to implement the restructure under the resolution issued by HH Sheikh Hamdan.
The resolution supersedes all existing legislation that may contradict or challenge the new structure of the DLD and the law will become effective from the date it is issued.
Emirates News Agency said Executive Council Resolution No. 17 of Dubai, which covers the DLD’s restructure, will be published in the Official Gazette – a monthly journal that includes new laws, decrees and legislative changes.
Meanwhile, the UAE Cabinet has approved an unprecedented policy to allow 100% foreign ownership in companies in the UAE.
And in a further move to attract the world’s best and brightest, the UAE Cabinet approved a new system that could see technical construction specialists, along with investors and other skilled workers, access a 10-year visa.