71% of retail investors in the UAE hold stocks in companies engaged with AI
markets1 hour ago
The Real Estate Regulatory Agency, the regulatory arm of the Dubai Land Department (DLD), has launched a programme of field visits to real estate development projects that are built in different locations across Dubai.
The new programme was developed by a dedicated team to ensure the quality of Dubai's services and facilities and service charges of common areas at major projects, in order to upgrade the specifications of the buildings and ensure that they comply with the highest international standards. These efforts are being carried out with a view to placing Dubai at the forefront of global real estate markets for attracting investment.
Mohammed Khalifa bin Hammad, senior director of the real estate regulatory relations department, said the programme would help Rera to ensure that the developers commit to finishing building requirements and will rid any excesses that may appear in new projects.
"Our initiative does not only aim to impose control on the quality of facilities and services, but also makes sure that developers claim fees imposed on existing services in those projects, which in turn preserves the rights of investors and reduces the problems that may arise during the completion stage of the buildings."
The teams will handle the application of a comprehensive control programme through field trips and on the ground follow-up for all new projects. During the visits, specialists will conduct necessary evaluation work for the quality of services in these projects, noting that visits will be planned before the owners and tenants move to the properties.
- issacjohn@khaleejtimes.com
71% of retail investors in the UAE hold stocks in companies engaged with AI
markets1 hour ago
This decision was taken to preserve the safety of administrative staff, teachers and students
uae2 hours ago
Abu Dhabi Police has been promoting the safety of motorcycle riders by holding workshops focused on improving traffic awareness
uae2 hours ago
The high-profile event brought together global philanthropic and business leaders to explore the untapped potential of philanthropic capital in accelerating development and humanitarian efforts
kt network2 hours ago
Many employees were told to report to office during the unprecedented rain and storm of April 16-17
uae2 hours ago
His more than 30 books are as likely to be found in airports as on university reading lists and have been translated into more than 40 languages
americas3 hours ago
The machine is a crucial asset during health crises like Covid-19
uae3 hours ago