Dubai Land Department Ejari System

Organization : Dubai Land Department
Facility : Ejari System
Applicable For : Owners and Real Estate Management Companies
Country : United Arab Emirates
Website : http://ejari.ae/

Dubai Land Ejari System

EJARI means ‘My Rent’ in Arabic. But technically it means a revolutionary system that shall move Dubai real estate sector to be one of the best regulated rental market in the world.

Related : Dubai Smart eSUPPLY Procurement Portal : www.statusin.org/41292.html

EJARI is the new initiative of RERA to regulate and facilitate the Rental Market of Dubai. This is a new system that will make provisions of Law No. 26 of 2007 effective that is regulating the relationship between Landlords and Tenants in Dubai.

This will require all individuals and companies acting as landlords to register tenancy agreements using EJARI.

RERA has announced that with the effect of 14 March 2010, all rental / lease contracts for Dubai properties must be registered through its new EJARI online portal.

The EJARI electronic registration web service is designed to meet the requirements of the law and RERA’s vision and mission to establish a robust regulatory system for the rental market and protect the rights of everyone involved. .

Its state-of-the-art online registration system offers full protection of their rights to all parties with tenancy agreement. It ensures these rights are recognized, upheld, and enforced by all Government agencies.

It establishes full transparency between landlord and tenant, fully integrates rental contracts into the legal framework and opens up the possibility of being able to revise these contracts seamlessly in the event of disputes .

The Ejari system provides a full portfolio of services beyond registering the initial lease agreement. Renewals, cancellations, transfers and terminations can all be logged. Ejari will ensure rental agreements are fair and transparent to the parties involved and that their terms and conditions are given full weight .

How it works?

Registration through Ejari is a simple process requiring little technical knowledge and that only the basic details of agreements are entered. These include information such as details of the property, the name of the rental company, and terms of the agreement.

Once the agreement is entered into the system and registered it is allocated a unique barcode which acts as its reference throughout the life of the contract. RERA will keep its own record of the agreement and update changes to the register as these occur.

Features & Benefits

With Ejari, both ends of a rental contract are uniformly served, providing protection to landlords and management companies, as well as their tenants, regarding the terms of each rental contract. The solution also serves to establish clear payment terms to protect the interests of all parties when advance rental payments are made.

Once the registration process is complete, a rent receipt can be produced through the system. The main benefits ensured by Ejari are the uniformity of the approach, which creates a standardization of rental contracts, and its ease of use, saving time for the production of documents and receipts required for tenancy agreements.

Ejari serves to build and maintain a trusted regulatory community environment for the real estate industry in Dubai, benefiting both landlords and tenants through complete transparency.

Industry benefits of the system include the following:
** Access to official and updated information of all leased properties in Dubai
** A means of creating legalized tenancy contracts accompanied by standard issue rent receipts

** The ability to safeguard the rights of landlords and tenants by maintaining tenancy contract details
** The full audit ability of transactions in case of dispute

Service Functionality

Ejari comprises of an on-demand Internet based application that enables property management companies and landlords to register each tenancy contract with RERA.

As a service, it is designed to work hand in hand with RERA by supporting both the property management and landlord sector of the market, as well as the tenant populace, through the standardization of rental contracts making all parties accountable to fulfill their obligations while providing a central, authorized platform by which these contracts can be duly and fairly regulated.

The solution enables property management companies and landlords to:
** Log-in to a secure on-line application using a web-based interface
** Add their property and tenant details to an a centralized online database

** Create standardised rental contracts that include payment terms and property and tenant details
** Create authorized rental registration receipts through the application.