Dubai’s Real Estate Regulatory Agency to Toughen Up Controls

Tuesday, 11th October 2016

Dubai’s Real Estate Regulatory Agency (Rera) will start to conduct spot checks at ongoing real estate projects across the city, according to Gulf News.

The tasks of the in-house teams at Rera will include checking building specifications and whether they match international standards, as well as quality controls.

Mohammad Khalifa bin Hammad, Senior Director of the Real Estate Regulatory Relations Department at Rera, claimed that “the control programme will help us to ensure that the developers commit to finishing building requirements and will rid any excesses that may appear in new projects.”

The new inspectors are set to supervise 30,000-40,000 homes being finished in the next 12-24 months. According to market sources cited by Gulf News, the new regulations constitute another step in creating a balance between developer promises and the final product, correcting the impression that the regulatory regime is tilted in favour of the developers.

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