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Most often what you see is not what you get.
Think back to all those brochures or clippings that listed so many facilities and features for an apartment / villa that you were looking to rent / buy. And when you get to it, it’s another story. And perhaps a waste of a story because it doesn’t have half the stuff you read about.
All that will change from Sunday.
All real estates agents have received a circular from Marwan Ahmed Bin Ghalita, CEO of the RERA.
Brokers must apply to the Dubai Land Department for permits (for any real estate announcements) through its website or the e-service ‘Trakhees’. Approvals would take a maximum of two working days, but could be given immediately if all terms and conditions are met.
This applies to print, radio, web and social media ads. Not having a permit number on the listing could result in legal action.Â
It cuts out property fraud and false advertising and assures people what’s being listed is genuine.
While property companies have welcomed the law, they do believe it’s a time-consuming procedure in the rentals and sales process.Â
Check out this new rule about getting a replacement car after an accident.
Minimum custom amount to enter is AED 2
By donating, you agree to the Privacy Policy and Terms of Service