The Dubai Land Department has made the landmark move to make all of its real estate data publicly available on its website. The full data set was made available this week and it contains everything from sales transactions, gifts, mortgages, Ejari registrations, valuations, land, building and unit data, as well as broker, developer, and projects data.
This includes unique identifiers for each transaction such as property IDs and Ejari contract numbers. Lynnette Sacchetto, a leading consultant who is recognised as an expert and a thought leader in the UAE’s real estate industry, said: “This is a significant, proactive initiative from the Dubai government, which will continue to strengthen transparency in the real estate market and position Dubai, on par, amongst other mature real estate markets.
“As transparency increases, we will also see investment, including foreign direct investment, increase as well.” In 2020, the JLL Global Real Estate Transparency Index was released and Dubai climbed up three spots to the 36th place globally, which placed Dubai as a semi-transparent market and on the ‘cusp on transparency’.
Sacchetto added: “The report credited the city’s improvement to Mo’asher, which is Dubai’s own official house price index. As the next report is set to be released this year, I truly believe that Dubai will move up the ranks and into the transparency category, with the majority of the reason attributed to this landmark move done by the Dubai Land Department this week.”
Data released by the DLD includes sales transactions, gifts, mortgages, Ejari registrations, valuations, land, building and unit data, as well as broker, developer, and projects data
