RERA Exam (New 2026/ 2027 Update)
Questions & Answers {Grade A} 100%
Correct (Verified Solutions)
DREI - Correct answer Dubai Real Estate Institute (DREI)
Rental Dispute Settlement Center (RDC) - Correct answer The Rental Dispute Center,
based at Dubai Land Department, has been moved under the umbrella of DLD through
Decree No: 26 of 2013.
Decree No. (21) of 2013 - Correct answer cancelled property projects
DEVELOPER' REGISTER - Correct answer The Developer must be registered with
RERA.
The Project must be registered with RERA.
The Project Escrow A/C must be registered with RERA
OWNER'S ASSOCIATION - Correct answer Formation of the Owner's Association.
Issuance of 'My Strata Certificate'
,Launched
Freehold - Correct answer In May 2002 Regulation No. (3) of 2006 Specifying Areas
where Non-Locals can own Property in the Emirate of Dubai
Leasehold - Correct answer In 2001 In Leasehold you own the property, but not the
land. Leasehold ownership is anywhere from over 10 years up to 99 years.
Is Ethics the same as law? - Correct answer No
What is "ETHICS" ? - Correct answer Ethics is a way of thinking
A belief system
A moral code system
(3) primary elements of ethics ? - Correct answer VALUE (high / low / current market
value)
UNDERTAKING / PROMISE / AGREEMENT
EXPECTATIONS
,Renew Broker Card ? - Correct answer Do renew your Broker ID annually (at least 30
days prior to expiration)
Do renew your Broker ID annually (at least 30 days prior to expiration) - Correct
answer Do renew your Broker ID annually (at least 30 days prior to expiration)
What is a broker? - Correct answer A broker is a licensed person who, for a fee, acts
on behalf of property owners in real estate transactions within the scope of the law.
When I become licensed, What identification will I have? - Correct answer Certificate
Registration Card (Broker ID)
What is the "Trakheesi" System? - Correct answer Trakheesi is a web application
meant for Real Estate Offices for managing Real estate Broker operations.
o Issuing a broker card,
o Updating broker information,
o Renewing a broker card,
, o Replacing a broker card with the new one
o Cancelling broker card.
Blue cards - Correct answer Blue cards are issued for those brokers working in
brokerage office in Dubai. Those brokers are allowed to work in Dubai, Free-zones,
market registered Developers' projects, but not Timeshare.
Green cards - Correct answer Green cards are issued under the developers' licenses,
and brokers are allowed to sell the projects which are related to the developer only.
Red cards - Correct answer Red cards are issued to brokers who are involved in
selling Timeshare units only.
Yellow cards - Correct answer Yellow cards are issued under the free zone licenses,
and brokers are only allowed to work in the areas which belong to that free zone in
Dubai.
Grey cards - Correct answer Grey cards are issued to Registration Trustees.
Questions & Answers {Grade A} 100%
Correct (Verified Solutions)
DREI - Correct answer Dubai Real Estate Institute (DREI)
Rental Dispute Settlement Center (RDC) - Correct answer The Rental Dispute Center,
based at Dubai Land Department, has been moved under the umbrella of DLD through
Decree No: 26 of 2013.
Decree No. (21) of 2013 - Correct answer cancelled property projects
DEVELOPER' REGISTER - Correct answer The Developer must be registered with
RERA.
The Project must be registered with RERA.
The Project Escrow A/C must be registered with RERA
OWNER'S ASSOCIATION - Correct answer Formation of the Owner's Association.
Issuance of 'My Strata Certificate'
,Launched
Freehold - Correct answer In May 2002 Regulation No. (3) of 2006 Specifying Areas
where Non-Locals can own Property in the Emirate of Dubai
Leasehold - Correct answer In 2001 In Leasehold you own the property, but not the
land. Leasehold ownership is anywhere from over 10 years up to 99 years.
Is Ethics the same as law? - Correct answer No
What is "ETHICS" ? - Correct answer Ethics is a way of thinking
A belief system
A moral code system
(3) primary elements of ethics ? - Correct answer VALUE (high / low / current market
value)
UNDERTAKING / PROMISE / AGREEMENT
EXPECTATIONS
,Renew Broker Card ? - Correct answer Do renew your Broker ID annually (at least 30
days prior to expiration)
Do renew your Broker ID annually (at least 30 days prior to expiration) - Correct
answer Do renew your Broker ID annually (at least 30 days prior to expiration)
What is a broker? - Correct answer A broker is a licensed person who, for a fee, acts
on behalf of property owners in real estate transactions within the scope of the law.
When I become licensed, What identification will I have? - Correct answer Certificate
Registration Card (Broker ID)
What is the "Trakheesi" System? - Correct answer Trakheesi is a web application
meant for Real Estate Offices for managing Real estate Broker operations.
o Issuing a broker card,
o Updating broker information,
o Renewing a broker card,
, o Replacing a broker card with the new one
o Cancelling broker card.
Blue cards - Correct answer Blue cards are issued for those brokers working in
brokerage office in Dubai. Those brokers are allowed to work in Dubai, Free-zones,
market registered Developers' projects, but not Timeshare.
Green cards - Correct answer Green cards are issued under the developers' licenses,
and brokers are allowed to sell the projects which are related to the developer only.
Red cards - Correct answer Red cards are issued to brokers who are involved in
selling Timeshare units only.
Yellow cards - Correct answer Yellow cards are issued under the free zone licenses,
and brokers are only allowed to work in the areas which belong to that free zone in
Dubai.
Grey cards - Correct answer Grey cards are issued to Registration Trustees.
