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With the property market in the UAE constantly growing and evolving, different government bodies have been established in order to handle property-related matters, with each branch having its own area of expertise.
The Real Estate Regulatory Agency (RERA) is responsible for helping formulate the real estate sector's strategies, regulating activities of management companies, real estate brokers and owners associations. RERA also issues rules and regulations regarding activities of brokers, registering lease contracts, certification and licences.
RERA is itself a division of the Dubai Land Department (DLD) which was established in 1960 to safeguard the property rights of the city during the building of the UAE. The Land Department now provides a range of real estate services including overseeing sales transactions, regulations and registration of transactions.
Other emirates have similar agencies in place such as the Ajman Real Estate Regulatory Agency (ARRA) which offers similar services for property in Ajman such as title deed transfers, initial registrations, project registrations and mortgage application assistance.
Sharjah's Real Estate Registration Department (RERD) deals with the emirate's real estate sector by documenting, auditing and storing real estate information. RERD also specializes in preparing proposals, reports, studies and legal research which it supplies to third parties such as banks, companies and organizations.
A similar government body exists in Ras Al Khaimah whose Lands Department & Properties specializes in documenting and recording property transactions. They also offer e-services such as grant applications, land measurement services, the issuance/renewal of delegate cards, etc.
For the capital, any/all government service-related concerns, including real estate, are addressed through the Abu Dhabi Municipality Department of Municipal Affairs (ADM).
• RERA, a division of DLD, enforces real estate regulations in Dubai
• The emirate of Ajman has the Ajman Real Estate Regulatory Agency
• The ADM handles all government service affairs in the capital
Source: Nicholas Baker, Special to Properties, gulfnews.com
The writer is a freelancer