Cayan Gets Endorsement From Dubai Land Department To Process Re-Sales
Cayan Real Estate Investment & Development has been chosen by the Dubai Land Department as one of the few developers in Dubai to be granted access to the department s electronic registry system (Oqood System) to process and complete the re-sale transactions for their own off-plan properties.
Dubai Land Department s approval for Cayan to remotely process the transfers of is considered as a strong endorsement of Cayan as one of the most committed developers in Dubai whom the Land Department partners with and relies on to collate and file the required information and documentation for the assignment process.
The new system will centralize the transaction process for the buyers, sellers and the developer. Currently, the buyer and seller must be present at the developer s office and complete the documentation required, then proceed to the Dubai Land Department for further processing and again return the documents to the developer s office. With the new system, the transaction process is consolidated in one location thus, effectively reducing processing time.
Cayan welcomes the move by the Dubai Land Department and is committed to its role in ensuring that the new system is used effectively and efficiently. Cayan believes that this is positive move that would greatly benefit Dubai s real estate investors through improved customer experience.
Cayan, one of the region s leading real estate developers, is inspired by life to challenge the world of architecture, luxury and exclusivity creating distinctive property developments. Cayan s Mission is to identify, develop, deliver and manage unique and world class real estate projects maximizing on our reputation, strategic relationships and innovation to add value to our investors, customers, employees and partners with a Vision to be the preferred developer of unique and innovative real estate projects.
Cayan s distinctiveness has resulted in several awards including ´Best Development in Dubai´, ´Best High-Rise Architecture, KSA´, ´Best Developer Website, Dubai´, ´Best Property Marketing, Dubai´ and an International Property Award for ´Best International Architecture in 2006´ and Best International High Rise Architecture in 2007 for the Infinity Tower.
Cayan started with a single project on Dubai Marina and now has a remarkable portfolio of projects worth AED 8 Billion. Cayan has delivered four of its five projects in Dubai Marina namely, La Residencia del Mar, The Jewels, Dorrabay and recently, Silverene. Cayan has also delivered Cayan Business Centre, a commercial project located in TECOM, Dubai. Cayan extended its presence beyond its several projects in the United Arab Emirates to Saudi Arabia, Lebanon and Morocco.
Cayan s most remarkable project is Infinity, a 70-storey tower that twists by 90 degrees into the sky, located on one of the most prime plots on Dubai Marina, this tower is set to become an icon. Cayan s determination and commitment has made this project possible, even with all the obstacles and difficulties it faced with this architecturally-challenging tower.