ADGM Launches 'Virtual Sell and Purchase' to Revolutionize Real Estate

Traditionally, property deals in the UAE required in-person meetings between various stakeholders, including buyers, sellers, notaries, and banks. ADGM’s new digital platform eliminates the need for physical presence by allowing all these processes—such as the discharge of mortgages, registration of property transfers, and the recording of ownership—to be completed remotely. This shift to a fully digital environment is designed to save time, reduce administrative burdens, and streamline the overall transaction process.

The service aligns with the UAE’s broader push for digital transformation and innovation across all sectors. By offering a secure, easy-to-use platform, ADGM is making it easier for both local and international investors to engage in the UAE’s real estate market. The digital service is expected to attract more investors by simplifying what has traditionally been a complex, paperwork-heavy process.

The platform offers a high level of security, with strong protocols in place to protect sensitive financial information and ensure the integrity of every transaction. This digital-first approach provides a seamless experience, reducing delays typically associated with paperwork and face-to-face meetings. As a result, property transactions can be completed more quickly, with greater transparency and confidence.

This initiative is part of ADGM’s commitment to supporting the UAE’s Vision 2030, which aims to position the country as a leader in digital innovation and a global hub for business. By facilitating virtual property transactions, ADGM is helping to modernize the UAE’s real estate market, creating a more efficient and attractive environment for investors.

Ahmed Jasim Al Zaabi, Chairman of ADGM, highlighted the importance of the platform in advancing the UAE’s digital economy. He stated, “The launch of the 'Virtual Sell and Purchase' service marks a significant milestone in our journey to digitize key industries. This platform will not only enhance the efficiency of real estate transactions but will also set a new benchmark for the sector.”

The 'Virtual Sell and Purchase' service is expected to pave the way for further innovations in the UAE’s real estate market. ADGM plans to expand the platform’s offerings, potentially integrating features like digital property auctions and international real estate connectivity. By continuing to innovate, ADGM is ensuring that the UAE stays at the forefront of digital real estate solutions, driving the future of property transactions in the region.