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Smart Property Marketplace (eMart) - The Innovative Solution To Real Estate Transactions
(4 November 2017)

 

The Smart Property Marketplace (eMart) is one of the many innovative solutions that Dubai Land Department has designed to facilitate real estate transactions. This safe and reliable platform, officially launched in 2013, has contributed to supporting the national economy of the Emirate by attracting investors to Dubai's real estate market from across the globe. In addition to achieving many practical objectives, the team behind eMart sought to fulfill the UAE leadership's vision of becoming a smart government.

Mechanism

The mechanism of the platform is simple but highly effective, providing owners, investors, developers and real estate agents with the opportunity to list their properties through eAuction. The system eases the sales process and improves the potential for the seller to secure the highest possible price, as eAuction is used by international investors seeking to gain a foothold in Dubai.

The eAuction platform is respected as a secure and reliable connection channel between all parties in the real estate market. It ensures the validity of real estate information presented to customers and also preserves their rights in cases of conflict, as all interaction channels operate under a set of laws and regulations enforced by Dubai Land Department (DLD).

The platform allows those wishing to buy, sell or lease real estate properties to undertake transactions securely, transparently and with official guarantees. The system also provides a convenient electronic payment service through 'Noqodi', the e-payment gateway, and accepts credit card or bank transfers from any of the international banks that are partnered with 'Noqodi'.

Realising the Vision   

The launch of eMart fulfills DLD's vision of becoming the world's top real estate destination in innovation, confidence and happiness. It is a smart solution that supports the department's efforts to establish an innovative and sustainable real estate environment that makes Dubai the world's leading destination for international property investors. Any investor can access the platform at any time and from anywhere in the world.

eMart also reflects DLD's commitment to bringing happiness to the Emirate's citizens, residents and visitors, as it's user-friendly interface allows people to save on both time and effort.

The project is part of a wide range of initiatives launched by DLD to support the 'Dubai Plan 2021' and the Emirate's preparations for Expo 2020, the world's largest marketing event, which is expected to attract over 20 million visitors. With its smart transformation, DLD is well positioned to benefit from the huge marketing and promotional opportunities presented by Expo 2020, while also helping to establish a city of empowered and happy people in alignment with the 'Dubai Plan 2021'.

Clear Activity

The launch of this portal reflects DLD's ongoing efforts to achieve excellence in all of its operations and departments by improving its standards, keeping pace with the latest technological developments in the real estate sector, and signing agreements and partnerships with prestigious international institutions and organisations.

One of the smartest applications

eMart is one of the smartest applications available to parties in the real estate sector. It can be downloaded from Google Play Store for Android smartphones or from the Apple Store. eMart is a smart application for listing, selling, buying and leasing real estate properties in the Emirate of Dubai under DLD's umbrella.

The application allows owners, developers and real estate agents to list their properties for direct sale or via eAuction, facilitating the sales process and improving the potential for securing the highest possible price. The application also provides owners and management companies, as well as Dubai residents and visitors, with the opportunity to view vacant rental properties through the 'EJARI' system.

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