What happens if a broker brokers a deal that violates the law?

A broker is strictly prohibited from facilitating any deal that violates the laws or regulations in force in the Emirate. Facilitating illegal transactions is considered a gross violation, which can lead to the immediate revocation of the broker�s r…

The full explanation

A broker is strictly prohibited from facilitating any deal that violates the laws or regulations in force in the Emirate. Facilitating illegal transactions is considered a gross violation, which can lead to the immediate revocation of the broker�s registration. This rule ensures that brokers act as gatekeepers for the market's legality, preventing the sale of unauthorised units or participation in fraudulent schemes that could damage the reputation of the Dubai real estate sector.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

Ali Faizan Syed’s knowledge centre

Ask Ali about this question · Explore published properties · Browse all questions