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Glossary

Real estate & CRM terms, explained

Plain-English definitions of the UAE property and CRM terms that come up in everyday real estate work — from MOUs and PDCs to Ejari, Oqood, and lead scoring.

UAE Property

Bayut Bayut is a major UAE property portal where buyers and tenants search listings and send enquiries to real estate agencies. DLD (Dubai Land Department) The Dubai Land Department is the government body responsible for registering real estate transactions and ownership in Dubai. Dubizzle Dubizzle is a UAE classifieds and property portal where real estate teams receive buyer and tenant enquiries from listings. Ejari Ejari is Dubai's mandatory system for registering tenancy contracts, giving a rental agreement official legal standing with the Dubai Land Department. Freehold Property Freehold property is real estate where the buyer owns both the unit and the land outright, indefinitely — available to all nationalities in Dubai's designated freehold areas. Golden Visa The UAE Golden Visa is a long-term residency permit that property investors can qualify for by buying real estate valued at AED 2 million or more. Lease Agreement A lease agreement is the rental contract between landlord and tenant, covering the property, rent, term, payment schedule, and obligations. MOU (Memorandum of Understanding) In UAE real estate, an MOU is the sale agreement between a buyer and seller that sets out the price, terms, and obligations before the transfer completes. NOC (No Objection Certificate) In UAE property sales, an NOC is a certificate from the developer confirming there are no outstanding dues on a unit, required before ownership can be transferred. Off-Plan Property Off-plan property is a unit sold before or during construction, typically bought from the developer on a payment plan and handed over once complete. Oqood Oqood is the Dubai Land Department system used to register off-plan property sales, providing interim registration until the title deed is issued at handover. Property Finder Property Finder is a major UAE real estate portal used by buyers and tenants to search listings and contact agencies. RERA (Real Estate Regulatory Agency) RERA is the regulatory arm of the Dubai Land Department that governs real estate activity in Dubai, including brokers, developers, and tenancy rules. Sales Offer A sales offer is the proposal sent to a buyer before an accepted deal becomes a formal MOU or sale agreement. Snagging Snagging is the pre-handover inspection of a new property to identify defects and unfinished work for the developer to fix before the buyer takes possession. Tasdeeq Tasdeeq is Ajman's tenancy contract authentication system — the emirate's equivalent of Dubai's Ejari for registering and attesting lease agreements. Title Deed A title deed is the official document, issued by the Dubai Land Department, that proves legal ownership of a property.

Finance

CRM