DLD Introduces ‘Tayseer’ Initiative to Assist Property Owners in Settling Dues

Dubai has established itself as a global leader in innovation and real estate excellence, continuously progressing with a strong emphasis on transparency and sustainability. Committed to maintaining a stable and resilient economic environment, the city’s leadership consistently implements strategic initiatives that enhance investor confidence and market stability. 

In line with this vision, the Dubai Land Department, through its Real Estate Regulatory Agency, has introduced the ‘Tayseer’ initiative, a key measure designed to support property owners and reinforce financial stability within the real estate sector.

The ‘Tayseer’ initiative offers a practical solution to property owners facing outstanding service fees by providing them with flexible payment plans. This initiative reflects Dubai’s ongoing commitment to improving the quality of life for its residents and maintaining the health of its real estate market, ensuring that it remains a key driver of the city’s economic growth.

Supporting the Community 

The ‘Tayseer’ initiative extends beyond merely addressing financial difficulties faced by property owners; it reflects Dubai’s broader commitment to enhancing community well-being and ensuring financial stability. By facilitating the payment of overdue service fees over a six-month period in collaboration with jointly owned property (JOP) management companies, the initiative alleviates financial pressures, allowing property owners to fulfill their obligations without undue strain.

In line with the ‘Year of the Community,’ Dubai’s leadership remains dedicated to promoting unity and collaboration through initiatives that reinforce family and community ties. The ‘Tayseer’ initiative exemplifies this commitment, reflecting the city’s focus on residents’ well-being by fostering a supportive environment and enhancing financial stability.

A Collaborative Effort for Greater Impact

Following extensive discussions with jointly owned property (JOP) management companies, the initiative enables property owners to enroll in flexible payment plans within a designated two-month period. 

During this time, management companies have agreed to suspend enforcement actions against those who choose to settle their outstanding dues through the initiative, demonstrating a collective commitment to preserving financial stability and community harmony.

A total of 19 companies have joined the initiative, underscoring the real estate sector’s dedication to supporting property owners and strengthening the financial stability of Dubai’s real estate market. 

This collaboration between the Dubai Land Department, the Real Estate Regulatory Agency , and jointly owned property (JOP) management companies highlights the effectiveness of Dubai’s public-private partnerships, which remain instrumental in driving the emirate’s progress.

Invest with Confidence

As the initiative advances, the Dubai Land Department remains committed to encouraging additional management companies to participate, further reinforcing efforts to establish a more financially stable and sustainable real estate sector. 

The ‘Tayseer’ initiative exemplifies Dubai’s proactive approach, equipping property owners with the necessary resources to safeguard their financial well-being and thrive in one of the world’s most dynamic real estate markets.

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