2025/2026 GRADED A+
Regulation #3 of 2006 - In 2001 Dubai Goverment agreed to allow expats to have 99-
year lease of particular property. In 2002 Sheikh Mohammed bin Rashid Al Maktoum,
issued a decree allowing foreigners to buy property on freehold ownership.
Freehold - You own property and land Forever.
Leasehold - You own property but not land
Tarakheesi - Tarakheesi is web application meant for Real Estate Offices for managing
Real Estate Broker operation.
-Issuing broker card
-Updating broker card
Cancelling broker card.
Blue Broker Card - Blue card issued under the DED licenses and brokers are allowed to
work in Dubai.
Allows brokers to sell/lease in Dubai + FZ + Sell for developers but not time share.
Green Broker Card - Can only sell developers project.
Red Broker Card - only time share properties; sell one unit to more than one person.
Yellow Broker Card - only FZ properties
Return on investment (ROI) - It measures the gain or loss generated on an investment
relative to the amount of money invested.
ROI is usually expressed as a percentage and is typically used for personal financial
decisions, to compare a company's profitability or to compare the efficiency of different
investments.
ROI (Net profit/Cost of investment)x100
What's is a listing? - A listing is a contract between an owner and broker.
What is the different between type of listings? - -Exclusive
-Open listing
What is multiple listing? - MLS is an arrangement among a group of agents whereby
they agree to share information and split commission.
What is a qualified buyer? - Seeking to buy.
What is an assent? - It is something of value that one owns.
, What is liability? - It is opposite of asset ; It's a debt or obligation that one owns.
What is the Law 26 of 2007 - It regulates the relationship between the tenant and
landlord.
ORN - Office Registration Number
BRN - Broker Registration Number
STR - Special Transaction Register
All transaction Agreements
If ad does't have BRN or ORN Number - Penalty AED 50'000
Decree #21 of 2013 - Only the government has the power to cancel projects.
OQOOD - Pre-Title Registration "My ownership certificate"
MOLLAK - My Strata Certificate
Owner Association And Registration
Code of Etics - regulates your relationship with customers, with other agents and with
public.
Dubai Land Department (DLD) - Established on January 24th 1960
Real Estate Regulatory Agency (RERA) - Established in 2007
RERA Role is: - Licensing all real estate activities.
• Managing real estate developers' trust accounts.
• Licensing and organizing real estate agents.
• Regulating and registering Rental Agreements.
• Regulating and supervising the owners associations
• Regulating real estate advertisements in the media.
• Regulating and licensing Real estate exhibitions.
• Enhancing national participation in the real estate sector.
• Increasing real estate awareness