Rera Exam question with complete solution graded A+ 2023

Rera Exam question with complete solution graded A+ 2023 Highest Burj Khalifa - correct answer 829,8 (2722 ft) Business Bay number of buildings - correct answer 240 (completed 2008) Palm Jumeirah - correct answer 3 Palms 520 km by Nakheel Al Maktoum International Airport - correct answer Projected annual capacity 160 Million passenger The World Island - correct answer by Nakheel Dubai Land Department (DLD) - correct answer The main objective of DLD is to organize and documents all real estate transaction for and behalf Dubai Government. established 24.01.1960 RERA - correct answer Real Estate Regulatory Agency. Rera regulates the real estate investment in the emirate of Dubai. Launched 31 of July 2007. Objectives of RERA - correct answer 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. Regulation #3 of 2006 - correct answer 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.