Dubai Land Department, Tanami sign MoU for Manzili home plan
The MoU will allow both organisations to support potential home investors with a suitable payment plan for property purchase
Dubai Land Department has signed a memorandum of understanding (MoU) with Tanami Properties to support the Manzili initiative, which is designed to create real estate opportunities for the UAE's multinational investors, allowing them to find a suitable payment plan to buy the home.
Under the terms of the MoU, Dubai Land Department will grant Tanami Properties the title of ‘Real Estate Investment Advisor’ for a full year.
Tamini Properties will hold workshops on the initiative in the headquarters of institutions and companies operating in the UAE, as well as at open registration centres.
Commenting on the move, Dubai Land Department’s director general, HE Sultan Butti bin Mejren, said: “This relationship is in line with our institutional goals to provide a systematic approach to register lands and properties, protect customer rights, and ensure all legal aspects related to land sales and purchases.”
Tamani Properties' chief executive officer, Samer Ali Nasser Al Naqbi, added: “The initiative is based on the fact that everyone, regardless of financial status, has a start point from which they can kick-off a successful journey toward owning a dream home or real estate investment in Dubai.
"To achieve that, leading real estate companies will provide special offers with flexible payment plans and supported by a saving scheme under this initiative.”