When a project is cancelled, RERA is mandated to appoint a certified auditor to verify the project�s financial standing. The auditor must determine the total amounts paid to the developer o…
For the purposes of applying termination and retention rules, the completion percentage of a project must be officially confirmed. This confirmation is provided through a technical report i…
Brokers in Dubai are classified into two distinct categories for regulatory purposes. Category A consists of experienced persons approved by the Chairman who are registered on the Roll but…
Article (5) of Bylaw No. (85) of 2006 divides brokers into two groups: Category A and Category B. Category A includes experienced persons on the Roll who are approved by the Chairman but la…
A Management Entity is the organization in charge of managing Common Facilities or Jointly Owned Real Property. Depending on the project category, this could be a Developer, a Management Co…
Awards issued by the RDSC that specifically relate to vacating or evicting a property are enforced through the tribunal's own specialized procedures. However, other types of awards, such as…
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 ad…
RERA is mandated to issue required approvals for the content of all Real Property advertisements in the Emirate. This authority extends to advertisements in Special Development Zones and fr…
A party may appeal a First Instance judgment if it was based on documents or testimony that are acknowledged as, or judicially declared to be, false after the judgment was issued. This grou…
If a project is less than sixty percent complete, and the developer terminates the contract due to purchaser default, they may retain up to twenty-five percent (25%) of the unit price. If c…
Unless the parties have agreed otherwise, the Mortgagor (the property owner/borrower) is legally responsible for paying the Mortgage contract registration fees. These fees must be settled w…
An Escrow Agent is a financial or banking institution that has been certified by the DLD specifically to manage project escrow accounts. They are recorded in a dedicated Escrow Agents Regis…