Real property brokers are legally required to provide information, data, and statistics regarding their activities as requested by RERA. Failure to comply with this request results in an administrative fine of AED 50,000. This data is used by the go…
Real property brokers are legally required to provide information, data, and statistics regarding their activities as requested by RERA. Failure to comply with this request results in an administrative fine of AED 50,000. This data is used by the government to monitor market trends and ensure compliance with real estate legislation. Ensuring that brokers are responsive to data requests is vital for the DLD's mission to maintain a transparent and integrated database for the sector.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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