Brokers engaged in the leasing of residential timeshare units are subject to higher licensing fees due to the specialised nature of the activity. RERA charges AED 25,000 for a license to conduct residential timeshare units lease brokerage. These bro…
Brokers engaged in the leasing of residential timeshare units are subject to higher licensing fees due to the specialised nature of the activity. RERA charges AED 25,000 for a license to conduct residential timeshare units lease brokerage. These brokers must adhere to the same Code of Ethics and registration rules as standard brokers. This higher fee reflects the additional regulatory oversight required to manage the complexities of timeshare ownership and leasing within the Emirate�s real estate environment.
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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