A key agreement has been signed in Dubai between the Dubai Land Department (DLD) and Emirates NBD, one of the largest banks in the Middle East. The partnership aims to digitally transform the entire rental market, making contract signing, deposit handling, and rent payments simpler, safer, and faster.
The memorandum of understanding was signed during Gitex Global 2025, the region’s largest technology exhibition, where the Dubai government showcases its achievements in smart solutions. The agreement was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, and Ahmed Al Qassim, Head of Corporate and Institutional Banking at Emirates NBD.
A Digital Revolution in the Rental Market
The new initiative represents a major step toward building an integrated digital real estate rental economy. The project will leverage advanced fintech tools, artificial intelligence, and smart contract technology to ensure transparency and accelerate all interactions between landlords and tenants.
Currently, Dubai’s rental market is expanding rapidly and becoming increasingly complex. Property owners often face operational challenges and bureaucracy, while tenants deal with inconvenient procedures for paying deposits and rent. The new digital system is designed to eliminate these issues by moving the entire process into a fully automated format.
How the New System Will Work
According to the Dubai Land Department, the new platform will operate through DLD’s web portal and mobile app, offering users flexible and secure financial tools for managing rental transactions.
All payments — including security deposits and monthly rent — will be processed through Emirates NBD’s secure banking infrastructure, ensuring high levels of data protection and transparency. This will significantly reduce payment processing time and simplify accounting for both landlords and tenants.
Additionally, the system will allow users to track payment status in real time, generate digital receipts, and integrate with other government services, such as Ejari — Dubai’s official rental contract registration system.
Strategic Importance for Dubai’s Economy
The project aligns with the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033, both aimed at improving government efficiency and strengthening Dubai’s position as a global investment hub.
The partnership between DLD and Emirates NBD demonstrates the successful integration of government services with financial technologies, creating a unified ecosystem where digital solutions are directly connected to real-world real estate transactions.
Experts believe this initiative will increase investor confidence, speed up transaction processing, and make Dubai’s rental market one of the most advanced and transparent in the world.
A New Level of Convenience for Tenants
With the new platform, tenants will be able to sign, pay for, and renew rental contracts in just a few clicks — without visiting offices or submitting paper documents.
This not only saves time but also reduces the risk of fraud, enhances transaction transparency, and strengthens Dubai’s reputation as one of the most innovative cities in the world in real estate management.