Saturday 23 June 2018

Dubai 'emart' puts prime properties on auction

Dubai, November 17, 2013

Dubai Land Department said its smart real estate portal 'eMart' has put up 17 key properties (both residential and commercial projects) across the emirate for an online auction on December 4.

A first portal of its kind in the region, eMart contributes to advancement of the real estate sector, which is the lifeblood of Dubai’s economy, as well as the improved customer services in this sector through the active deployment of eTransformation culture and the dedication to the highest standards and international practices in the field.

The properties being auctioned vary between residential and commercial, and the listings provide a detailed list of attributes including detailed maps, so that the trader can discover the various aspects of the property within the vision of the department to simplifying and facilitating all procedures for real estate operators and stakeholders.

The director general of the Dubai Land Department, Sultan Butti Bin Mejren, said the new policies and plans focus entirely on pushing the real estate sector in the emirate forward.

The eMart, which represents the latest development initiatives of Dubai Land Department, includes many unique advantages, features, and channels that will facilitate all real estate processes for stakeholders in this fruitful sector.

"There is no doubt that eMart will play a prominent role in enhancing the size of real estate transactions in the emirate," he added.

Furthermore, Bin Mejren confirmed that the initial offering of 17 properties since the portal’s launch earlier this month is a clear indication of the transparency and security of eMart, adding that this step points to an increase in real estate operations and transactions in the future.

He also stressed that the Department is committed to developing initiatives that elevate the performance of the site in accordance with the today’s requirements.

The eMart provides many real estate services, including the auction, sale, purchase, and rental of real estate through Ejari, with the option of an immediate hold on the property while viewing the details. Also, it provides the ability to complete the purchase of the property easily and conveniently later on through the Dubai Land Department. eMart also facilitates payment through Noqodi.

"Our government’s decision to move towards smart governance is a modern outlook that embodies the spirit of Dubai, based on the optimal use of information technology in order to provide government services to citizens, residents, visitors, and businesses, governmental departments, and their employees, across multiple electronic channels, in order to facilitate their transactions and to facilitate their lives," stated Bin Mejren.

The online real estate auction system is considered a vivid example of transparency and competitiveness, since bids can be submitted through mobile phones and any other Internet-enabled devices, and as such our launch of eMart is an embodiment of our vision of going smart, in line with the requirements of the Government of Dubai’s strategy.

 In addition, this website aims to provide a unified portal and serve as an umbrella for all major operations of buying, selling, and renting in the real estate market of Dubai, taking into consideration the protection of the interests of dealers across the board and guaranteeing the rights of all parties.-TradeArabia News Service

Tags: Auction | Dubai Land Department | eMart |

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