DLD to implement new electronic service ‘Madmoun’ for real estate firms

  • Date: 18-Apr-2023
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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DLD to implement new electronic service ‘Madmoun’ for real estate firms

Dubai Land Department (DLD), through the Real Estate Regulatory Agency (RERA), has issued a circular confirming the implementation of the new electronic service, Madmoun.

This service, accessible through the Trakheesi System, is represented by a quick response code (QR Code) issued for any real estate advertisement permit, as part of DLD’s ongoing efforts to modernize and develop real estate governance procedures and enhance investor confidence.

According to the statement, “Effective from 24th April, all real estate companies are expected to feature the QR code on their print and audiovisual advertisements.”

Further, the code enables customers to quickly and easily verify the advertisement’s authenticity and validity, ensuring that it has been approved by RERA.

As per the reports, customers can access DLD’s website to view the complete advertisement information, including details about the advertising company, the property’s condition and specifications. The link can be secured to prevent any modification to the data.

Eng. Marwan bin Ghalita

CEO

RERA – DLD “The service aligns with DLD’s strategy to make Dubai ‘The World leader in Real Estate Investments’ by harnessing technology to develop real estate products according to the directives of the wise leadership. It also supports DLD’s mandate of achieving the goals of the Dubai Economic Agenda ‘D33,’ which