Understand the costs, the process and the decisions that matter. Browse the Dubai real estate FAQ library.
1948 questions · Page 5 of 163
General
RERA imposes some of its heaviest administrative penalties on developers who offer units in fraudulent real property projects for sale. A developer found committing this violation faces a f…
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The Rent Index is the mandatory tool used to determine the average rental value of similar units within a specific area. It is approved and updated by RERA to reflect the prevailing economi…
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Article (25) of Law No. (14) of 2008 requires a creditor to serve the debtor with at least a thirty-day notice before starting foreclosure. This notice must be served through a Notary Publi…
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The Rent Index is the official reference approved by RERA to determine the average rental value of similar units in specific areas. It is the mandatory tool used to apply the percentages of…
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The transfer of ownership to a new landlord does not terminate an existing Lease Contract. The tenant maintains the legal right to continue occupying the property under the same terms as th…
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An Escrow Account is a specific bank account opened for a real property development project where payments from off-plan purchasers or project financers are deposited. These funds are exclu…
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The law mandates that all Service Charges must be deposited into a dedicated Service Charges account at a bank recognised by RERA. These funds are legally protected and may not be subject t…
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RERA holds extensive powers to inspect and audit the operation and maintenance of Common Parts and Common Facilities. They record violations and serve notices on developers or management en…
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To register, a person must submit a form to the Brokerage Regulatory Division with a valid commercial licence and Dubai Chamber of Commerce membership. Applicants must provide a certificate…
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A Tenant is a natural or legal person entitled to use a property pursuant to a written lease contract. This also includes anyone to whom the lease has been legally transferred from the orig…
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Jointly Owned Real Property refers to any building, including its parts and appurtenances, that is allocated for common use. This definition also covers the land on which the building is co…
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Under Law No. (6) of 2019, jointly owned property is classified into three distinct categories for management purposes. Category 1 includes Major Projects where the developer is responsible…
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