Doha, Qatar - 1 May 2024: In response to the recent announcement by the Minister of Justice regarding the online registration of property ownership, United Development Company (UDC), master developer of The Pearl and Gewan Islands, expressed its support and optimism towards this strategic initiative. This decision, which comes as part of the ministry's efforts to modernize and develop its legal and service systems, aligns perfectly with Qatar's vision of digitization and excellence in investor services.

UDC believes that the digitalization of property registration procedures will significantly benefit the private sector, particularly in the real estate development industry. This move will not only attract more foreign investors but also enhance local sales by streamlining procedures and promoting transparency.

The new law governing property registration introduces several innovative provisions aimed at safeguarding the rights and properties of citizens and residents, as well as enhancing legal protections for investments. It reflects Qatar's commitment to evolving legislative frameworks that support economic growth and investor confidence.

UDC recognizes the importance of digital transformation in aligning with Qatar's National Development Strategy 2024-2030. The amendments to property registration laws are therefore a testament to Qatar's progressive approach towards achieving its national vision and strategic development goals.

By embracing digital solutions, UDC anticipates a smoother and more efficient property registration process, which will ultimately contribute to the overall growth and sustainability of the real estate sector in Qatar.

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UDC - United Development Company PSC published this content on 01 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2024 09:35:47 UTC.