What is the penalty for a broker conducting activity without a licence?

No person is permitted to conduct Real Property brokerage activity in Dubai without a valid licence from RERA. Any individual or firm found practicing brokerage without this authorization faces an administrative fine of AED 50,000. This penalty ensu…

The full explanation

No person is permitted to conduct Real Property brokerage activity in Dubai without a valid licence from RERA. Any individual or firm found practicing brokerage without this authorization faces an administrative fine of AED 50,000. This penalty ensures that only registered, trained, and vetted professionals handle real estate negotiations. Maintaining this licensing standard is critical for protecting clients from fraud and ensuring that brokers adhere to the industry's mandatory Code of Ethics.

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

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