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Dubai's DLD inks deal with Emaar’s Sakani to settle service charges

Service charge payments can be settled through Dubai Real Estate Self Transaction, Mollak, or Emaar's payment channels

Emaar is among the UAE's largest developers.
Emaar
Emaar is among the UAE's largest developers.

Dubai Land Department (DLD) has teamed up with the residential community management portal of Emaar Properties, Sakani, to settle service charges through channels such as Dubai Real Estate Self Transaction, Mollak, and Emaar’s payment platforms.

The system is designed to help developers and investors meet regulatory requirements by providing them with an efficient way to register jointly owned properties.

When customers create their accounts on the system, they can obtain a statement with all relative data to their operations, including pending or completed payments of service charges.

Emaar will be the first major real estate developer to integrate with Mollak, which was developed internally by DLD.

The Mollak system will provide an online registration and support system to interested parties dealing with jointly owned properties in Dubai.

Commenting on the announcement, chief executive officer of DLD’s regulatory arm, Real Estate Regulatory Agency (Rera), HE Marwan bin Ghalita, said: “DLD is witnessing a radical transformation in its operations to provide smart services, optimally benefit from our financial and human resources, and provide the sector with legislation and integrated real estate services.

“The Dubai Real Estate Self Transaction application and Mollak system will achieve the highest levels of quality, sustainability, and innovation as well as contribute to Dubai’s overall economic development.”

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Construction Week - Issue 753
Nov 09, 2019