RERA charges specific fees for the issuance and renewal of professional brokerage documents. Issuing or renewing a Real Property Broker license costs AED 5,000. For individual agents, the B…
Yes, the Special Tribunal to Determine Cheque Disputes has exclusive jurisdiction over specific real property payment issues. Under Decree No. (56) of 2009, the Public Prosecution and the C…
If a purchaser breaches their Off-plan Sale agreement, the developer must first notify the DLD using the prescribed form. This notification must include a detailed account of the contractua…
If a developer wishes to market an off-plan project through a broker, they must conclude a formal agreement with an approved and licensed broker. This agreement must be registered with the…
To obtain a licence as a Real Property Developer, the Real Estate Regulatory Agency (RERA) charges a fee of AED 25,000. If an entity wishes to be licensed as a one-time one-project develope…
Yes, the Real Property Valuation Profession is strictly regulated to ensure market accuracy. If a natural person is caught practicing valuation without being registered on the Roll, they fa…
For a developer to receive official approval for a new Real Property project, RERA charges a fee of AED 150,000. If the developer is seeking approval for an existing project, the fee is red…
Real property units that are sold off-plan and correctly registered on the Interim Real Property Register can be legally disposed of by the purchaser. This includes the right to sell or mor…
The Developer is legally liable for repairing or replacing defective installations for one (1) year following the handover of a unit to an owner. This liability specifically covers mechanic…
The Management Entity is legally required to insure the Jointly Owned Real Property. This policy must cover the maintenance and reconstruction of the building in the event of fire, damage,…
Article (9) defines the internal components of a Unit, including floors, flooring materials, and plaster ceilings. It also encompasses non-support internal walls, windows, and lighting syst…
The Interim Real Property Register is a set of documents maintained by the DLD to record details of off-plan sale contracts and other legal dispositions before a property is completed. Any…