The Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department (DLD), launched the Tayseer initiative to facilitate the payment of currently outstanding service fees.
Under this initiative, unit owners can pay their outstanding service fees by offering flexible payment plans with a minimum of six months in coordination with jointly owned property JOP management companies. This step is expected to ease financial burdens on owners and contribute to greater financial stability within the real estate sector.
This initiative aligns with the objectives of the ‘Year of the Community’, announced by the wise leadership under the theme ‘Together, hand in hand’, designating 2025 as a milestone for strengthening family and community bonds, and reinforcing values of cooperation and belonging through initiatives that safeguard cultural heritage and lay the foundations for sustainable growth.
The Tayseer initiative promotes the principle of community collaboration and fosters a supportive environment that contributes to both social and economic stability by offering flexible financial solutions to property owners, positively impacting quality of life across the emirate.
Tayseer initiative was launched following a meeting held by the Real Estate Regulatory Agency with JOP management companies, where both parties discussed mechanisms for settling current overdue service fees by property owners.
It was agreed to open registration for the initiative for two months through the management companies, with a commitment from these companies not to initiate enforcement actions against unit owners while implementing the payment plan.
As a result of the meeting, 19 companies joined the initiative, reflecting the real estate sector’s commitment to supporting property owners and enhancing financial stability and sustainability within jointly owned communities.
“Dubai Land Department continues to launch impactful initiatives that keep pace with market developments and address the needs of property owners and investors. The Tayseer initiative aligns with our vision of delivering proactive, customer-centric services that build trust and balance economic and social priorities.”
Mohammed Ali Al Badwawi, Acting CEO of the Real Estate Regulatory Agency, Dubai Land Department
The Real Estate Regulatory Agency urges all property owners to contact their management companies directly to benefit from the initiative and calls on more management companies to join and contribute to supporting these efforts. The list of jointly owned property management companies is available on the official website of the Dubai Land Department.
