DLD signs e-Mortgage agreement with Dubai Islamic Bank

Dubai: The Dubai Land Department, DLD, has signed an e-mortgage agreement with Dubai Islamic Bank, DIB.

The agreement was signed by Juma Bin Humaidan, Deputy Director-General of DLD, and Mohammad Abdullah Al Nahdi, Deputy Chief Executive Officer of DIB.

The agreement aims to save customers both time and effort by integrating DLD and DIB services. This will minimise the procedures for submitting documents for mortgage contract registrations by processing them through DLD’s electronic mortgage system, eliminating the need for customers to visit DLD or any of its service centres.