New MOU between Shory and Dubai Land Department brings seamless home insurance to Dubai residents
- Last updated: May 13, 2025 | 14:14
In a strategic move set to redefine how residents access home insurance in the UAE, Shory, a leading player in the insurtech space has signed a Memorandum of Understanding (MOU) with the Dubai Land Department (DLD). The agreement was officially sealed during a signing ceremony at the International Property Show, held at the Dubai World Trade Centre, with Shory Group CEO Abdulelah Alghofaili and CEO of the Real Estate Registration Sector at Dubai Land Department Mr. Majid Al Marri.
Under the MOU, Shory has partnered with DLD to support delivering insurance solutions that reflect the Dubai government’s broader vision for innovation and service excellence. By collaborating with Shory, the Dubai Land Department (DLD) aims to ease the everyday challenges faced by real-estate professionals, individuals and families insuring residential units and homes.
“Dubai has always been a city of bold ideas and transformative digital initiatives,” said Abdulelah Alghofaili, Group CEO of Shory.
“With its unmatched dynamism and forward-thinking governance, I believe Dubai is uniquely positioned to redefine how essential services like insurance are delivered. This partnership with the Dubai Land Department is more than a collaboration - it’s a shared vision to make insurance intuitive, accessible and designed for the modern resident.”
Shory is a fully online insurtech that currently helps UAE residents protect their home, car, health and pets, offering users a paperless and hassle-free route to instant insurance.
Mr. Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, hailed the partnership as “A natural next step in our mission to create smart government services that align with the Dubai Real Estate Sector Strategy 2033 and Dubai’s vision evolving expectations of Dubai’s residents. With Shory’s technology and customer-centric business model, we’re making essential services not just available, but effortless.”
Shory is set to drive increased insurance adoption among property stakeholders and support Dubai’s broader vision of becoming a global benchmark for smart city living.