What is RERA ?

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RERA stands for Real Estate Regulatory Agency, which is a government agency that streamlines, authorizes and regulates the real estate sector in Dubai. It was founded by His Highness Sheikh Mohammed Bin Rashed Al Maktoum, Vice President & Primes Minister ruler of Dubai on 31st July 2007. It strongly establishes policies and regulatory acts, in order to encourage expat and foreign investments in the booming real-estate sector of Dubai, whilst providing a strong ethical foundation for those interested.

 

RERA responsibilities include

  • Licensing all real estate activities
  • Managing real estate agents
  • Licensing real estate agents
  • Regulating and supervising the owners associations
  • Regulating real estate advertisements in the mass media
  • Regulating and licensing real estate exhibitions Publishing studies for the sector
  • Enhancing national participating in the real estate sector
For more information visit the RERA website at www.rera.ae

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