RERA Dubai - how it can be helpful to you

RERA or Real Estate Regulatory Agency is an official body in Dubai that oversees all the activities related to real estate housing and properties in Dubai. It was officially launched on the 1st of May 2016.

RERA seeks to promote both local and international investments and property ownership in the real estate sector. The Real Estate Regulatory Agency is also there to settle disputes between property owners and tenants or buyers. This is duly carried out fairly following the RERA acts while protecting the rights of the clients. For entrepreneurs considering business setup in Dubai, understanding RERA regulations is crucial when investing in or managing real estate businesses.

Real Estate Regulatory Agency and its responsibilities:

Registration

They carry out the registration and issuance of real estate properties.

Information center

They serve as the official place to seek valid information regarding real estate activities.

Disputes resolution

They settle disputes between real estate owners and buyers or tenants and landlords.  

Interest support

RERA protects the interests of real estate investors and clients as stipulated under the Real Estate Regulatory Agency acts.

Transparency 

RERA promotes transparency in the real estate sector to eliminate any chances of scamming.

How to become a real estate agent

If you are interested in being a real estate agent in Dubai, then it's mandatory to register yourself with RERA. Subsequently, you will be given a registration number which will be valid for 5 year and it remains renewable. This is to promote transparency and accountability in RERA operations under real estate agencies. 

RERA forms and smart initiatives

To keep improving the efficiency of the Real Estate Regulatory Agency system, there are three categories of agreement forms to serve the individuals with transparent and legit services. The forms are grouped as follows:

• Form category A - Agreement between seller and broker to sell the property
• Form category B - Agreement between buyer and broker to buy the property
• Form category I (sale) - Agreement between agent and agent for the sale of property
• Form category I (rent) - Agreement between agent and agent for the rent of property 
• Form category U - Termination of any agreement form

RERA smart initiatives

The Real Estate Regulatory Agency works in collaboration with the Dubai Land Department (DLD). So to effectuate their services which share a lot in common, they launched the Real Smart System. These are some digital technologies like mobile applications which can be used to access their various online services. You can do these at your own convenience without necessarily needing to visit the RERA / DLD offices. These smart initiatives include:

Dubai Real Estate Self Transaction (Dubai REST)

This is a self support app created by the RERA to facilitate services for real estate buyers, sellers and agents. Using this mobile app you will be able to access various online transactions for your convenience.

Smart Investment Map (SIM)

This is a digital platform introduced to list out different properties for sale, purchase and rent. This service also makes provision for direct contact with property owners and agents. They have different digital platforms including mobile applications where these services can be accessed.

The smart judge system

This service was introduced to give legal information and advice with regards to issues pertaining to real estate agencies and EJARI. They also offer legal consultations which are sometimes free depending on the instructions from the higher judicial authority. To access this service click here on the online portal of the Dubai Land Department.

These online systems make it convenient to access some of the online services provided by the Dubai The Real Estate Regulatory Agency before heading to their offices if need be. If you encounter any hurdles while using the service, do not hesitate to email or call The Real Estate Regulatory Agency using the below contact addresses or visit RERA office in Dubai.