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Rera Exam Questions with Detailed
Verified Answers
Question: Highest Burj Khalifa
Ans: 829,8 (2722 ft)
Question: Business Bay number of buldings
Ans: 240 (completed 2008)
Question: Palm Jumeirah
Ans: 3 Palms 520 km by Nakheel
Question: Al Maktoum International Airport
Ans: Projected anual capacity 160 Million passanger
Question: The World Island
Ans: by Nakheel
Question: Dubai Land Department (DLD)
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Ans: The main objective of DLD is to organize and documents all real estate
transaction for and behalf Dubai Goverment. established 24.01.1960
Question: RERA
Ans: Real Estate Regulatory Agency. Rera regulates the real estate
investment in the emirate of Dubai. Launched 31 of July 2007.
Question: Objectives of RERA
Ans: RERA Role is:
- Licensing all real estate activities.
- Managing and organizing real estate developers' trust accounts.
- Licensing and organizing real estate agents.
- Regulating and registering Rental Agreements.
-Regulating and supervising the owners associations.
Question: Regulation #3 of 2006
Ans: 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.
Question: Freehold
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Ans: You own property and land Forever.
Question: Leasehold
Ans: You own property but not land
Question: Tarakheesi
Ans: Tarakheesi is web application meant for Real Estate Offices for
managing Real Estate Broker operation.
-Issuing broker card
-Updating broker card
Cancelling broker card.
Question: Blue Broker Card
Ans: 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.
Question: Green Broker Card
Ans: Can only sell developers project.
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Question: Red Broker Card
Ans: only time share properties; sell one unit to more than one person.
Question: Yellow Broker Card
Ans: only FZ properties
Question: Return on investment (ROI)
Ans: 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
Question: What's is a listing?
Ans: A listing is a contract between an owner and broker.
Question: What is the different between type of listings?
Ans: -Exclusive
-Open listing
Rera Exam Questions with Detailed
Verified Answers
Question: Highest Burj Khalifa
Ans: 829,8 (2722 ft)
Question: Business Bay number of buldings
Ans: 240 (completed 2008)
Question: Palm Jumeirah
Ans: 3 Palms 520 km by Nakheel
Question: Al Maktoum International Airport
Ans: Projected anual capacity 160 Million passanger
Question: The World Island
Ans: by Nakheel
Question: Dubai Land Department (DLD)
, Page | 2
Ans: The main objective of DLD is to organize and documents all real estate
transaction for and behalf Dubai Goverment. established 24.01.1960
Question: RERA
Ans: Real Estate Regulatory Agency. Rera regulates the real estate
investment in the emirate of Dubai. Launched 31 of July 2007.
Question: Objectives of RERA
Ans: RERA Role is:
- Licensing all real estate activities.
- Managing and organizing real estate developers' trust accounts.
- Licensing and organizing real estate agents.
- Regulating and registering Rental Agreements.
-Regulating and supervising the owners associations.
Question: Regulation #3 of 2006
Ans: 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.
Question: Freehold
, Page | 3
Ans: You own property and land Forever.
Question: Leasehold
Ans: You own property but not land
Question: Tarakheesi
Ans: Tarakheesi is web application meant for Real Estate Offices for
managing Real Estate Broker operation.
-Issuing broker card
-Updating broker card
Cancelling broker card.
Question: Blue Broker Card
Ans: 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.
Question: Green Broker Card
Ans: Can only sell developers project.
, Page | 4
Question: Red Broker Card
Ans: only time share properties; sell one unit to more than one person.
Question: Yellow Broker Card
Ans: only FZ properties
Question: Return on investment (ROI)
Ans: 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
Question: What's is a listing?
Ans: A listing is a contract between an owner and broker.
Question: What is the different between type of listings?
Ans: -Exclusive
-Open listing
