The System has provided a vast referential database to be utilized in developing work procedures to regulate the property market.
Owaidah Al Qubaisi, Acting Executive Director of Municipal Services Sector, said: ‘The municipality is moving ahead in activating and developing the Tawtheeq System, as part of its commitment to safeguard the rights of tenants and landlords.’
At the same level, Abdul Wahab Al Jabri, Director of Lands and Real Estate, Municipality of Abu Dhabi City, said, ‘The Tawtheeq System constitutes a guarantee for regulating landlord-tenant relations by safeguarding their rights and standardizing the tenancy contracts documentation mechanism in Abu Dhabi.’
Ali Al Hashimi, Manager of the Tawtheeq Section, Municipality of Abu Dhabi City, said, ‘The Tawtheeq System has played a major role in providing accurate statistics regarding the property market situation in Abu Dhabi city. It also provides officially approved tenancy transactions and processes them transparently in a way that safeguards landlord-tenant rights.’
‘Operations statistics of the Tawtheeq System indicate that the properties registered so far have topped 4,585, in addition to opening 949 individual accounts for individuals, 257 accounts for companies, 31,216 newly-issued tenancy contracts, and 8,621 renewed tenancy contracts,’ he added.
