RERA stands for Real Estate Regulatory Agency and is part of the DLD that takes care of the regulations in the real estate industry in Dubai. It is in charge of handling relationship between all parties of a contract.
Ejari is an Arabic word meaning ‘my rent’. It is an electronic online registration system for the regulation and registration of every tenancy contract in Dubai. It is the system used to document all rental transactions and make sure all contracts are done legally. The Ejari system makes the Dubai rental market one of the most regulated markets in the world
Yes, the tenancy contract has to be registered with Ejari to make it a valid contract. Without Ejari, no dispute can be resolved, as per the Law.
Yes, as a tenant, you can terminate your tenancy contract, as long as you notify your landlord 2 months in advance and you will have to pay 2 months’ rent as cancellation from the day of vacating the property and you have to settle all the utility bills
DLD is short for Dubai Land Department, a governmental regulatory body dealing with legislation, organization and services related to property and real estate transactions in Dubai.
An off-plan property is a property that hasn’t been built yet or is still in its first or preparatory stages of construction.
Yes, you can sell an off-plan property before its completion date.
Freehold means complete ownership of the property by the buyer who will have his name on the title deed. Whereas leasehold refers to having the property on lease for a period of more than 10 years and up to 99 years. It cannot be bought completely.
Yes, any nationality can own freehold property in designated freehold areas in Dubai. All you need is a valid passport.