New rule for Dubai property sales

DUBAI – Properties marketed or advertised in Dubai will need to have an online permit from the Real Estate Regulatory Agency's (Rera) "Trakheesi" system, according to a new circular by Rera. According to Rera, the rule applies to the publication of "any real estate announcement from inside or outside the country". According to the new rule, no company can advertise Dubai properties within or outside of the emirate without obtaining official permission. Violators face a fine of Dh50,000. The permit can be obtained through the Trakheesi system on the Dubai Land Department website.

Requirements to get a permit

Copy of the title deed

Letter from the country in question describing the method of foreign ownership of properties, a marketing agreement between the property's owner and brokerage firm

Letter from the broker indicating the type of property

Letter from rokers outlining that they will not receive any money on the owner's behalf.

Letter stating that the broker holds the full legal liability for the authenticity of information provided.

Attestation from UAE embassy and Ministry of Foreign Affairs for documents issued outside of the UAE, with Arabic translation

Registration number of brokerage firm and name of broker must be mentioned in letters

Permit approval fee of Dh1,010

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