RERA EXAM 2024 QUESTIONS WITH COMPLETE SOLUTIONS

RERA rEXAM r2023

&24 rUPDATE rWITH r140+ rCORRECTLY
ANSWERED rQUESTIONS r[100% rVERIFIED]
r




Highest rBurj rKhalifa r r r r r r r r rANSWER: r✔- r829,8 r(2722 rft)




Business rBay rnumber rof rbuldings r r r r r r r r rANSWER: r✔- r240 r(completed r2008)




Palm rJumeirah r r r r r r r r rANSWER: r✔- r3 rPalms r520 rkm rby rNakheel




Al rMaktoum rInternational rAirport r r r r r r r r rANSWER: r✔- rProjected ranual

r capacity r160 rMillion rpassanger




The rWorld rIsland r r r r r r r r rANSWER: r✔- rby rNakheel

,Dubai rLand rDepartment r(DLD) r r r r r r r r rANSWER: r✔- rThe rmain robjective rof rDLD

r is rto rorganize rand rdocuments rall rreal restate rtransaction rfor rand rbehalf

r Dubai rGoverment. restablished r24.01.1960




RERA r r r r r r r r rANSWER: r✔- rReal rEstate rRegulatory rAgency. rRera rregulates rthe

r real restate rinvestment rin rthe remirate rof rDubai. rLaunched r31 rof rJuly r2007.




Objectives rof rRERA r r r r r r r r rANSWER: r✔- rRERA rRole ris: r


- rLicensing rall rreal restate ractivities.


- rManaging rand rorganizing rreal restate rdevelopers' rtrust raccounts. r


- rLicensing rand rorganizing rreal restate ragents.


- rRegulating rand rregistering rRental rAgreements. r


-Regulating rand rsupervising rthe rowners rassociations.




Regulation r#3 rof r2006 r r r r r r r r rANSWER: r✔- rIn r2001 rDubai rGoverment ragreed

r to rallow rexpats rto rhave r99-year rlease rof rparticular rproperty. rIn r2002 rSheikh

r Mohammed rbin rRashid rAl rMaktoum, rissued ra rdecree rallowing rforeigners rto

r buy rproperty ron rfreehold rownership.

,Freehold r r r r r r r r rANSWER: r✔- rYou rown rproperty rand rland rForever.




Leasehold r r r r r r r r rANSWER: r✔- rYou rown rproperty rbut rnot rland




Tarakheesi r r r r r r r r rANSWER: r✔- rTarakheesi ris rweb rapplication rmeant rfor rReal

r Estate rOffices rfor rmanaging rReal rEstate rBroker roperation.


-Issuing rbroker rcard r


-Updating rbroker rcard r


Cancelling rbroker rcard.




Blue rBroker rCard r r r r r r r r rANSWER: r✔- rBlue rcard rissued runder rthe rDED

r licenses rand rbrokers rare rallowed rto rwork rin rDubai. r


Allows rbrokers rto rsell/lease rin rDubai r+ rFZ r+ rSell rfor rdevelopers rbut rnot rtime

r share.




Green rBroker rCard r r r r r r r r rANSWER: r✔- rCan ronly rsell rdevelopers rproject.

, Red rBroker rCard r r r r r r r r rANSWER: r✔- ronly rtime rshare rproperties; rsell rone

r unit rto rmore rthan rone rperson.




Yellow rBroker rCard r r r r r r r r rANSWER: r✔- ronly rFZ rproperties




Return ron rinvestment r(ROI) r r r r r r r r rANSWER: r✔- rIt rmeasures rthe rgain ror rloss

r generated ron ran rinvestment rrelative rto rthe ramount rof rmoney rinvested. r


ROI ris rusually rexpressed ras ra rpercentage rand ris rtypically rused rfor rpersonal

r financial rdecisions, rto rcompare ra rcompany's rprofitability ror rto rcompare rthe

r efficiency rof rdifferent rinvestments.


ROI r(Net rprofit/Cost rof rinvestment)x100




What's ris ra rlisting? r r r r r r r r rANSWER: r✔- rA rlisting ris ra rcontract rbetween ran

r owner rand rbroker.




What ris rthe rdifferent rbetween rtype rof rlistings? r r r r r r r r rANSWER: r✔- r-Exclusive
r



-Open rlisting