Understand the costs, the process and the decisions that matter. Browse the Dubai real estate FAQ library.
1948 questions · Page 17 of 163
General
When a Lease Contract expires and the Tenant continues to occupy the property without any objection from the Landlord, the contract is automatically renewed. The renewal applies for the sam…
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Under Law No. (8) of 2007, a developer who fails to open an Escrow Account for a real property development project is subject to severe penalties. The law mandates an imprisonment sentence…
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Under Law No. (8) of 2007, strict financial controls govern project funding. If a developer mortgages a project to secure a loan from a finance institution or company, the lender must depos…
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Investing in off plan property involves buying a unit before it is built usually at a lower price point and with a payment plan but with a waiting period for completion. Ready property allo…
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If a developer is proven incompetent or unable to manage the jointly owned property to ensure its sustainability, the CEO of RERA can intervene. In such cases, RERA has the authority to app…
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A Real Property Broker is a person or entity that finds another party to conclude a real estate contract in exchange for a fee. They act as representatives for their clients during negotiat…
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A broker is required to disclose every detail of the negotiation process to their client. This includes the different stages of the brokerage and any other information necessary for the cli…
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Yes, the law explicitly states that the procedures for termination and retention do not prevent a purchaser from seeking recourse to courts or arbitration. This is particularly relevant if…
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A Master Developer is defined as a person licensed to conduct real property development and dispose of units to others within the Emirate of Dubai. This entity must be officially classified…
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RERA is responsible for approving projects and monitoring their completion percentages. This is done through periodic reports and inspections to ensure that construction progress matches th…
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Any agreement or disposition that is concluded in breach of Dubai's property registration laws is considered null and void. This also applies to any action taken with the intent to circumve…
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Article (11) of the amended law grants developers specific powers when a project is at least eighty percent (80%) complete. The developer can choose to maintain the agreement and claim the…
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