26 of 2007, rental increases cannot be decided solely by landlords, but must also be made under the discretion of RERA
, brokers receive a standard two per cent commission based on the value of the transaction, unless both parties agree on a different amount," said a press statement.
will act as the main agency to coordinate efforts on the development of realty and render advice to the appropriate government department to ensure growth and promotion of the sector.
says the developer has no rights to block entry, then the developer should be reprimanded for continue to do so.
to a detailed investigation conducted by RERA
, it would appear that there is a shortfall of some 2 billion Dirhams (US$ 545 million) effectively missing
The directive requires all owners associations to have a board made up of unpaid elected owners registered and approved by RERA
and responsible for the conduct of their association.
The new rate has been formally agreed with the Dubai property market regulator, RERA
, and will mean a reduction of approximately AED 5 per square foot in service changes for homeowners.
Over the past few years RERA
has been diligently working with the Dubai Land Department, developers and its preferred partners to bring transparency and clarity to Dubai's burgeoning real estate market.
If he does, the previous tenant can apply to RERA
for damages or request the property to be returned.
Emirates NBD said it has a dedicated team to facilitate services relating to the accounts in compliance with directives by RERA
has made a series of important changes to the regulatory framework of Dubai's real estate market, which have, in turn, boosted investor confidence.
Al Hashimi explained that RERA
has issued a circular to all the real estate brokerage firms to follow terms for real estate advertisements by publishing their office registration number and the broker registration number issued by RERA
in all the published advertisements in all media channels.