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Rera Exam Study Guide.
Highest Burj Khalifa - answer✔829,8 (2722 ft)
Business Bay number of buldings - answer✔240 (completed 2008)
Palm Jumeirah - answer✔3 Palms 520 km by Nakheel
Al Maktoum International Airport - answer✔Projected anual capacity 160 Million passanger
The World Island - answer✔by Nakheel
Dubai Land Department (DLD) - answer✔The main objective of DLD is to organize and
documents all real estate transaction for and behalf Dubai Goverment. established 24.01.1960
RERA - answer✔Real Estate Regulatory Agency. Rera regulates the real estate investment in the
emirate of Dubai. Launched 31 of July 2007.
Objectives of RERA - 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.
, ©BRAINBARTER 2024/2025
-Regulating and supervising the owners associations.
Regulation #3 of 2006 - 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.
Freehold - answer✔You own property and land Forever.
Leasehold - answer✔You own property but not land
Tarakheesi - answer✔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 - answer✔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 - answer✔Can only sell developers project.
Red Broker Card - answer✔only time share properties; sell one unit to more than one person.
Yellow Broker Card - answer✔only FZ properties
, ©BRAINBARTER 2024/2025
Return on investment (ROI) - answer✔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? - answer✔A listing is a contract between an owner and broker.
What is the different between type of listings? - answer✔-Exclusive
-Open listing
What is multiple listing? - answer✔MLS is an arrangement among a group of agents whereby
they agree to share information and split commission.
What is a qualified buyer? - answer✔Seeking to buy.
What is an assent? - answer✔It is something of value that one owns.
What is liability? - answer✔It is opposite of asset ; It's a debt or obligation that one owns.
What is the Law 26 of 2007 - answer✔It regulates the relationship between the tenant and
landlord.
ORN - answer✔Office Registration Number
BRN - answer✔Broker Registration Number
Rera Exam Study Guide.
Highest Burj Khalifa - answer✔829,8 (2722 ft)
Business Bay number of buldings - answer✔240 (completed 2008)
Palm Jumeirah - answer✔3 Palms 520 km by Nakheel
Al Maktoum International Airport - answer✔Projected anual capacity 160 Million passanger
The World Island - answer✔by Nakheel
Dubai Land Department (DLD) - answer✔The main objective of DLD is to organize and
documents all real estate transaction for and behalf Dubai Goverment. established 24.01.1960
RERA - answer✔Real Estate Regulatory Agency. Rera regulates the real estate investment in the
emirate of Dubai. Launched 31 of July 2007.
Objectives of RERA - 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.
, ©BRAINBARTER 2024/2025
-Regulating and supervising the owners associations.
Regulation #3 of 2006 - 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.
Freehold - answer✔You own property and land Forever.
Leasehold - answer✔You own property but not land
Tarakheesi - answer✔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 - answer✔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 - answer✔Can only sell developers project.
Red Broker Card - answer✔only time share properties; sell one unit to more than one person.
Yellow Broker Card - answer✔only FZ properties
, ©BRAINBARTER 2024/2025
Return on investment (ROI) - answer✔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? - answer✔A listing is a contract between an owner and broker.
What is the different between type of listings? - answer✔-Exclusive
-Open listing
What is multiple listing? - answer✔MLS is an arrangement among a group of agents whereby
they agree to share information and split commission.
What is a qualified buyer? - answer✔Seeking to buy.
What is an assent? - answer✔It is something of value that one owns.
What is liability? - answer✔It is opposite of asset ; It's a debt or obligation that one owns.
What is the Law 26 of 2007 - answer✔It regulates the relationship between the tenant and
landlord.
ORN - answer✔Office Registration Number
BRN - answer✔Broker Registration Number
