RERA was established in 2007 as the regulatory arm of the DLD (source: Dubai Land Department). While the DLD registers ownership and settles transactions, RERA sets the framework: it registers projects, licenses brokers, supervises the escrow accounts of off-plan projects and approves the service charges of owners’ associations.
RERA matters to buyers at several points. It checks construction progress on registered projects before funds are released from the escrow account. Through the Mollak system it controls community charges. And it runs the Service Charge Index, which shows the approved annual charge for a development.
A RERA-licensed broker and a RERA-registered project are a buyer’s first safety check. Without registration, there is no official control over payments and construction progress.
See how we check developer and project against RERA rules on our Dubai developer due diligence page.
