- Ali Al Ali: We guarantee the protection of the rights of investors and sellers
- 450 field inspection rounds
- 1530 ad inspections
- Giving 1,200 legal notices
Dubai: “The Gulf”
As part of its efforts to ensure compliance with laws and regulatory standards in the real estate sector, the Dubai Land Department announced the results of inspections and monitoring operations of real estate brokers, companies and real estate projects in the first half of 2024, with the aim of helping to regulate the real estate sector and strengthen the attractiveness and stability of Dubai’s real estate market. to guarantee the implementation of the laws and regulations that
According to the statistics provided by the department, the Real Estate Control Directorate carried out 450 rounds of field inspections of real estate companies and projects, and 1,530 inspections of real estate advertisements during the mentioned period.
The Dubai Land Department registered more than 1,200 legal warnings while cracking down on 256 real estate brokers for not complying with real estate advertisement requirements.
The Dubai Land Department is working on using artificial intelligence techniques to monitor real estate ads, and the application will be officially implemented soon, which will significantly help the governance of the monitoring process and reduce violations related to real estate ads.
Ali Abdullah Al Ali, Director of the Real Estate Control Department at the Real Estate Regulatory Agency of the Dubai Land Department, said: “These operations fall within the scope of periodic supervision carried out by the Department’s Real Estate Control Department in a bid to improve transparency and ensure integrity in the real estate market and protect the rights of investors and sellers. ยป.
He added: “We are constantly working to develop oversight and inspection mechanisms to ensure that all parties comply with the rules and laws governing the emirate’s real estate sector. We are committed to applying the highest international standards in the regulation of the real estate market, and we require all real estate brokers and companies to fully to comply with the guidelines and directives given by the department, to ensure the sustainability and development of the real estate market in Dubai.
