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Rera signs deal with labor ministry to regulate Dubai property brokers
Dubai’s Real Estate Regulatory Agency (Rera) said…
January 10, 2010 4:13 by kippreport
Dubai’s Real Estate Regulatory Agency (Rera) said on Sunday that it has signed a new deal with the Ministry of Labor to officially recognize real estate brokers as a separate professional category. Labor cards and residency visas issued to brokers will now include their designation, instead of categorizing them as sales staff.
“This is the first step towards a complete classification of the real estate professions in Dubai,” Marwan bin Ghulaita, CEO of RERA, said in a statement, adding that the move will promote “transparency and professionalism” in the property sector.