ADGM expands real estate services suite: ADGM’s Registration Authority rolled out a new set of digital real estate services aimed at streamlining transactions and improving regulatory clarity, including a new off-plan agreement termination framework, registrations for property due for future transfers, a valuation tool, and enhanced leasing services, according to a press release (pdf).

Why it matters:

  • The new off-plan termination framework establishes a clear, regulated process to reduce disputes between developers and buyers;
  • Meanwhile, the reservation agreement registration service introduces a new ownership type, ensuring property interests due for future transfer are recorded and protected;
  • SMART valuation allows property owners or their representatives to obtain indicative valuation certificates for land or units.

ALSO- An integrated escrow account is coming soon with ADGM set to launch the service within its unified real estate platform to ensure funds are held and released only upon fulfillment of contractual terms, strengthening trust between buyers and developers.

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