(MENAFNEditorial) DUBAI, United Arab Emirates -Wednesday, November 29th 2017
()-- Yardi reached a new milestone in Dubai by announcing integration between the award-winning Voyager® 7S platform, and EJARI, a regional real estate reporting system.
EJARI is a system that is governed by the Real Estate Regulatory Agency (RERA), to make registration of rental, and lease agreements easy and accessible to owners and managers of real estate. EJARI registration is mandatory for any real estate rental contracts in the Emirate of Dubai, including and free-hold and non-freehold properties.
The new integration is designed to speed up the process of the issuance and renewal of EJARI tenancy contracts, by digitally updating rental information between EJARI and Voyager. The process is paperless, improving sustainability.
Historically, companies would have to login to the EJARI portal and update all of the information manually. This manual process was both time consuming and prone to errors. The EJARI interface is available to Yardi clients in Dubai as part of the Voyager suite at no additional cost.
'We are very pleased to announce this development, serving to further demonstrate our commitment to work closely with our clients and local regulatory bodies,' comments Neal Gemassmer, vice president of international for Yardi. 'We are excited to continue to align our development efforts with the Dubai 2020 vision, that includes the digitization of real estate services to help drive efficiencies, increase customer experience and deliver business improvement.
About Yardi
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. For more information, visit: yardi.com/ae.
About Ejari
EJARI is the new initiative of RERA to regulate and facilitate the Rental Market of Dubai. This is a new system that will make provisions of Law No. 26 of 2007 effective that is regulating the relationship between Landlords and Tenants in Dubai. This will require all individuals and companies acting as landlords to register tenancy agreements using EJARI. For more information, visit: .
About Real Estate Regulatory Agency
The regulatory arm of the Land Department, where the department sets legislations to regulate the relationship between all contracting parties and to organises the exchange process of properties. The department provides many services to clients in Dubai extending to its role in planning, organising and evaluating operations related to real estate licenses, and the organisation and development of real estate activities, as well as a commitment to monitor projects financially and technically, in order to protect investors.
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