
Say Goodbye to Dubious Listings : Madmoun for Validity Verification
The Internet has indubitably made it easier to navigate almost anything, including properties. However, with this ease come questionable listings that often disappoint people. With the tremendous growth in the Dubai real estate market, there was room for change to increase transparency. To bring the best for its people, the Dubai Land Department (DLD), through the Real Estate Regulatory Agency, confirmed the introduction of Madmoun. This verification service will work for any Real Estate Advertisement Permit to regulate and contemporize the ongoing procedures.
What is Madmoun?
Implemented on April 24, all real estate firms are required to attach a QR code to their property listings. This code allows investors to easily verify whether the listing has been approved by RERA. This swift and effective service will help reduce the time spent by the customer to ensure the efficacy and truthfulness of the listed property. In addition, the customers can access the Dubai Land Department (DLD’S) website to check the authenticity of the listed property, the company that has listed it, and the current condition of the property.
The Unbelievable Benefits of Madmoun
The introduction of this new service is expected to significantly boost the confidence and awareness of potential property buyers. Some detailed benefits are as follows:
Increased Transparency - The unparalleled transparency offered by this real estate verification service is poised to position Dubai as the most sought-after market for investment opportunities. The investors will further be at ease in accessing information about the properties from the application, thereby preventing fraudulent activities.
Real-Time Verification - The best part about this service is that it enables you get detailed information anywhere, anytime. You can scan the given QR Code from your mobile phone, where you will land up to the Dubai Land Department’s website.
Monitoring Misleading Advertisements - The feature allows DLD to check the efficacy of the listed advertisements. The detailed information about whether the published advertisement has adhered to the rules and regulations or not, can be extracted.
User Authentication - The feature also targets the users in checking their authenticity. Users must authenticate with the provider before checking any particular information. This ensures that only authorized users read the available information to keep fraudulent and illegal activities at bay.
Words from the Experts
Eng. Marwan bin Ghalita, CEO of RERA emphasised the need to adhere to the rules and regulations issued by the authority to avoid any further actions and fines. He further added that this introduced service will surely make Dubai "The World Leader in Real Estate Investments".
If you are looking for a property to invest in Dubai next time, make sure to check the QR code first. This will help you save your time and money from any fake listings. The available information through this service will help you make rational decisions, paving the way for a better future.
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