Dubai has introduced a new service called "Madmoun" that aims to help users verify the validity of real estate advertisements. This new initiative launched by Dubai Land Department (DLD) aims to protect property investors, tenants, and landlords from fraud.
Through the Madmoun service, users can submit the details of a property or real estate ad to the DLD for verification. The department will then check the information against its database, ensuring that the advertisement is genuine, and the property is registered. Users will receive a confirmation message or an alert in case of any discrepancies. The service also allows users to report suspicious ads directly to Dubai Land Department (DLD), which will investigate and take appropriate action, including legal action.
The introduction of the Madmoun service is part of a broader effort by the Dubai government to enhance transparency and trust in the city's real estate market. The Madmoun service provides buyers with detailed information about properties, including photos, videos, and verified documents, so they can make informed decisions when buying or renting a property.
This creates a more secure environment for buyers and sellers alike, thereby increasing transparency and trust in the market. By using technology to reduce fraud and increase trust, buyers and sellers have more confidence in the market and can participate more freely. The result is an improved market for all participants, with more efficient and secure transactions. This move is expected to attract more local and international investors, ensuring a secure and reliable environment for conducting property transactions.
To use the Madmoun service, users can visit the official website of the Dubai Land Department or download the Dubai REST app, which provides a range of services related to property management and transactions in the city.
Christie's International Real Estate Dubai, as a reputable real estate agency in Dubai, would likely use the Madmoun service to ensure the accuracy, security and trust of its clients when dealing with property transactions. Clients can feel confident in their property transactions knowing that we are taking proactive measures to prevent fraud or misrepresentation.
