The Real Estate Regulatory Agency ( RERA ; Arabic : مؤسسة التنظيم العقاري ) is a government agency to regulate the real estate sector in Dubai , the governmental Dubai Land Department . It's a head agency which forms, regulates and authorizes the real estate sector in Dubai. RERA was founded on 31 July 2007 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum , Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai .
5-549: RERA may refer to: Dubai Real Estate Regulatory Agency Ajman Real Estate Regulatory Agency Real Estate (Regulation and Development) Act, 2016 , the regulatory law passed by the Parliament of India Respiratory-effort related arousal, see Respiratory disturbance index Rera, a fictional character, the alter ego of Nakoruru A discontinued photographic film See also [ edit ] RER A Topics referred to by
10-452: Is different from Wikidata All article disambiguation pages All disambiguation pages Dubai Real Estate Regulatory Agency To set policies and plans in the real estate sector in Dubai in order to increase foreign investments. RERA is a part of Dubai Land Resources Department. The agency has its own financial and administrative independence with full legal authority to regulate
15-634: The real estate in Dubai. Land resources can be in security until the building up is finished. The land can be divided but only after a certain approval according local planning. The land given cannot be either bought nor sold until the written direction of His Highness Sheikh Mohammed Bin Rashed Al Maktoum is received. According to the policy of confidentiality the Dubai Land Department doesn't publish any information about its clients. Information about
20-460: The real estate sector in Dubai. RERA provides transparence and effectiveness of legal framework , when everyone involved in the property market can conduct a business. In this concept RERA aims to develop an on-line society for investors, developers and buyers, as well as for supporting sectors (banks, law firm and insurance companies ) could cooperate with each other and with RERA. RERA also informs people on regulatory acts when buying and renting
25-405: The same term [REDACTED] This disambiguation page lists articles associated with the title Rera . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Rera&oldid=1026505460 " Category : Disambiguation pages Hidden categories: Short description
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