The Dubai Land Department (DLD) has launched a new ‘instant sale’ feature that eliminates the need for audits and uses smart evaluation in real estate transactions.

The smart evaluation process depends on artificial intelligence in evaluating real estate units and includes sales operations for real estate units located in free-hold areas through Real Estate Registration Trustees.

The new feature now simplifies procedures and improves the experience of DLD’s customers by ensuring the presence of all parties at the real estate registration trustee office to sign contracts. The prices of the transactions are confirmed through the smart valuation process of real estate units, followed by the completion of payment of fees and the issuance of the new title deed within a few minutes.