What RERA does
RERA was established by Law No. 16 of 2007 as the regulatory arm of the Dubai Land Department, and is now governed by Law No. 4 of 2019. Its remit includes:
- Developers and projects: registering real estate developers and off-plan projects, and monitoring construction progress.
- Escrow: regulating, auditing and monitoring project escrow accounts, and approving the banks that act as escrow agents.
- Brokers: licensing brokerage offices and issuing broker practice cards through the Trakheesi system.
- Advertising: issuing advertising permits. Every property ad must display its Trakheesi permit number.
What RERA expects of brokers selling off-plan
RERA's 2024 Real Estate Brokerage Practice Guide says a broker marketing an off-plan project should confirm three things: the project is registered with RERA, it has an escrow account, and the broker holds a marketing agreement with the developer. The guide also sets out the standard brokerage contract forms: Form A between seller and brokerage, Form B between buyer and broker, and Form F between seller and buyer.
On Nogbase
Agencies on Nogbase are set up per licensed brokerage office, so developers can see which licensed company and brokers they are working with.
Frequently asked questions
Is RERA the same as DLD?
No. RERA is the regulatory arm of DLD. DLD records and registers transactions; RERA regulates market participants and activities such as developers, brokers, escrow and advertising.
How do I check that a broker is RERA-licensed?
Use DLD's licensed real estate brokers service on its website or in the Dubai REST app, or verify the broker's card through Trakheesi.
Does RERA set broker commission rates?
RERA does not publish a fixed sales commission rate. Commission is set in the brokerage contract, and RERA's practice guide covers the standard contract forms.
Sources
Talk to us for pricing
Developer plans are scoped to your projects and launch services, so we price them on a short call. The broker app is free.