Dubai is renowned as a global hub for business, tourism, and investment opportunities. The real estate market is one of the most significant contributors to Dubai's economic growth. However, in the past, concerns over transparency and security had made real estate investments in Dubai challenging for both landlords and tenants. The Dubai Land Department (DLD) took proactive measures to tackle these challenges by launching DXBinteract.com in cooperation with AORA Tech and fam Properties, a digital platform that has made real estate investment in Dubai more transparent and secure for all stakeholders.
DXBinteract.com was launched in 2019 by the DLD, fam Properties and AORA Tech, with the aim of creating a one-stop-shop with a very friendly interface to access all the sales and leasing transactions that are registered in the ledger of Dubai Land Department.
One of the most significant advantages of the platform is that it offers complete transparency to all parties involved in real estate transactions. The platform provides access to comprehensive property data, property supply, sales and leasing transactions history, and property valuation reports. This information empowers investors, landlords, and tenants to make informed decisions about their investments.
The platform also includes a range of tools and services designed to assist investors, including the ability to create and manage portfolios, access to market insights, and data analytics. These tools enable investors to track the performance of their investments, identify potential opportunities, and make informed decisions about their portfolios.
Overall, DXBinteract.com has made real estate investment in Dubai more transparent, secure, and accessible for all stakeholders. The platform has created a level playing field for investors, landlords, and tenants, and has helped to improve trust and confidence in the market. As a result, Dubai has become an increasingly attractive destination for real estate investment, with investors from around the world now looking to Dubai as a safe and reliable investment opportunity.
In conclusion, the launch of DXBinteract.com by the Dubai Land Department has revolutionized the real estate market in Dubai. The platform has created a secure and transparent environment for investors, landlords, and tenants, and has helped to improve trust and confidence in the market.