Real property is a leading investment option in our economy, and while it is important to look out for and recognize the right opportunities – it is equally crucial that you are vigilant when it comes to the paperwork.
Being a smart investor means doing the due diligence before investing your money, time and effort in a property. As either a buyer or a tenant, it is imperative to verify the authenticity of proof of ownership (title deed for completed properties; Oqood for off-plan properties) before placing a security deposit cheque and signing a contract as you have to be certain that the property is free from encumbrance, a court case, or any legal impediment. You should also be able to recognize the warning signs of investment fraud.
This piece of legal document is the major requirement in every step of the way in leasing or buying a property: i.e registering for Ejari and utilities, obtaining a move-in permit, No Objection Certificate for resale from the Developer, utility & service charges clearance certificate and/or mortgage application, just to name a few.
The Dubai Land Department – on its own objective to provide all information in one place –makes it easier and more convenient for everyone to check the authenticity of the Title Deed. This is part of efforts to contribute to the enhancement of the competitiveness of the real estate market in Dubai and moves it to excellence by establishing the principles of transparency and professional standards.
Checking the authenticity of your title deed is just one click away, so make sure it is the first step in investing right.
How to check the authenticity of your title deed:
1- Install Dubai Rest from your mobile app store or go to www.dubailand.gov.ae
2- Select Title Deed Verification from the home page of Dubai Rest or DLD website.
3- Provide the title deed information such as:
4- Click on the Validate tab to see the title deed status, whether it is: valid, mortgaged, restrained, blocked, or invalid.
That is all there is to it. One simple step before you invest.
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