In support of its implementation, Dubai Land Department (DLD) has launched the “Easy Lease initiative” and signed cooperation agreements with Wasl Properties, Deyaar Property Management, Dubai World Real Estate, Modern Properties, Dubai Investments Real Estate, SBK Real Estate, Rocky Real Estate, SRG Real Estate, Harbour Real Estate Brokerage, Driven Properties and Al Shuwaib Real Estate.
The move is in line with DLD’s commitment to delivering more flexible rental alternatives to meet market demands, which will further reinforce Dubai’s position as a leading global real estate destination that offers more efficient and sustainable housing models for diverse segments of society.
The project seeks to offer a rental model that expands possibilities to tenants through different payment options, such as monthly, quarterly or semi-annual payments, as well as incentives and promotional packages from the companies involved.
The Easy Lease model will be extended to vacant or eligible rental units owned or managed by partners through flexible payment options, including the possibility of offering incentives, rental discounts or promotional packages to new tenants, as approved in the partners’ policies and in compliance with the legislation and regulations in force in the Emirate of Dubai.
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