Dubai Land Department sets out ten guidelines to improve real estate agents Guidelines issued through RERA aimed at improving integrity of industry The guidelines, which were issued through the Real Estate Regulatory Agency, aim to boost public trust in the industry and prevent agents from sharing information about their clients. Dubai Land Department has set out a ten-point-plan to raise the professional bar of real estate agents in the emirate.
The guidelines, which were issued through the Real Estate Regulatory Agency, aim to boost public trust in the industry and prevent agents from sharing information about their clients.
The first principle calls on real estate agents to do everything in their power to maintain and enhance confidence among stakeholders, although, according to the second principle, this should not extend to sharing confidential information of clients without prior permission. The third surrounds conflicts of interest and calls for full disclosure and transparency before work is taken on, while the fourth demands that clients are all treated fairly and with honest, regardless of race or religion. The fifth, six and seventh pillars surround integrity and ethical compliance and professionalism. And Marwan bin Ghalita, CEO of RERA, stressed in number eight that real estate agents “must not mislead or attempt to mislead, and shall not misinform or withhold information regarding products or terms of service”. Protecting customers‟ rights and assets formed the basis of the ninth principle. And finally, the circular concluded with social responsibility, where real estate firms are expected to be “active members of the society and work to respect the values and principles of the society”. “This ultimately means that Dubai‟s real estate market maintains its reputation as one of the best investment havens in the world,” Bin Ghalita added. Shaikhani Group who are working in Dubai as a Real estate developer, they have delivered many projects, some of them are in pending expected to be finish by mid of 2020, They always tried their best to handover the project in estimated time, if any hurdles come such as government laws or working environment problem then it will be a bit delay to coupe up the problems. Usually they always prefer to deliver the projects in time.
Mr. Ahmed Shaikhani said, we are surviving in Dubai since 1993 and we are still doing good as compare to other companies, our rates are quiet low as other people are giving discounts on their higher rate, that‟s why we don‟t give discount because we everything should be crystal clear. People sometimes complain that other companies are giving huge discount but when our representative explains how we are working, so they understand everything. Our first priority is make customer happy because without customers we are nothing. https://www.arabianbusiness.com/property/432440-dubai-land-department-sets-out-ten-guidelines-to-improve-real-estate-agents
The first principle calls on real estate agents to do everything in their power to maintain and enhance confidence among stakeholders, although, according to the second principle, this should not extend to sharing confidential information of clients without prior permission. The third surrounds conflicts of interest and calls for full disclosure and transparency before work is taken on, while the fourth demands that clients are all treated fairly and with honest, regardless of race or religion. The fifth, six and seventh pillars surround integrity and ethical compliance and professionalism. And Marwan bin Ghalita, CEO of RERA, stressed in number eight that real estate agents “must not mislead or attempt to mislead, and shall not misinform or withhold information regarding products or terms of service”. Protecting customers‟ rights and assets formed the basis of the ninth principle. And finally, the circular concluded with social responsibility, where real estate firms are expected to be “active members of the society and work to respect the values and principles of the society”. “This ultimately means that Dubai‟s real estate market maintains its reputation as one of the best investment havens in the world,” Bin Ghalita added. Shaikhani Group who are working in Dubai as a Real estate developer, they have delivered many projects, some of them are in pending expected to be finish by mid of 2020, They always tried their best to handover the project in estimated time, if any hurdles come such as government laws or working environment problem then it will be a bit delay to coupe up the problems. Usually they always prefer to deliver the projects in time.
Mr. Ahmed Shaikhani said, we are surviving in Dubai since 1993 and we are still doing good as compare to other companies, our rates are quiet low as other people are giving discounts on their higher rate, that‟s why we don‟t give discount because we everything should be crystal clear. People sometimes complain that other companies are giving huge discount but when our representative explains how we are working, so they understand everything. Our first priority is make customer happy because without customers we are nothing. https://www.arabianbusiness.com/property/432440-dubai-land-department-sets-out-ten-guidelines-to-improve-real-estate-agents
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