source Go Wealthy
The Dubai Department of Economic Development (DED) and Dubai's Real Estate Regulatory Authority (Rera) inks an agreement to add more quality to support services pertaining to real estate investors and customers.
Marwan Bin Ghalaita said: "RERA will set the basics of licensing for real estate activities and implement procedures to speed up the issuance of licenses for such activities. Through the agreement with DED, we will share best practices and experiences, and explore mutually beneficial opportunities, which will enhance the quality of support services offered to real estate investors and customers."
According to the pact, RERA will use the license and business registration system applied by the DED for issuing licenses related to property activities. This would ease licensing procedures and increase the potential of Dubai's real estate sector.
Monday, August 11, 2008
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