1. What is the primary purpose of the Real Estate Regulatory Agency (RERA) in
Dubai?
a) To regulate property taxes
b) To oversee property transactions and ensure compliance with laws
c) To manage public housing projects
d) To provide real estate investment advice
Answer: b) To oversee property transactions and ensure compliance with laws
2. According to RERA regulations, which document is required for a property broker
to legally operate in Dubai?
,a) Property management license
b) Real Estate License
c) Business trade license
d) Investment license
Answer: b) Real Estate License
3. What is the maximum amount of commission a broker can legally receive from a
property transaction in Dubai, as per RERA guidelines?
a) 1% of the transaction value
b) 2% of the transaction value
c) 3% of the transaction value
d) 4% of the transaction value
Answer: b) 2% of the transaction value
4. RERA requires brokers to use which of the following systems for registering
property transactions?
a) Dubai Land Department's e-Mohtaseb
b) Dubai Real Estate Registration System (DREMS)
c) Dubai Property Exchange System (DPES)
d) Dubai Online Transaction System (DOTS)
Answer: b) Dubai Real Estate Registration System (DREMS)
5. What must a broker disclose to a potential buyer according to RERA regulations?
a) The seller's financial status
b) Any existing mortgage on the property
c) The seller's personal information
d) The property's historical market value
Answer: b) Any existing mortgage on the property
, 6. What is the minimum educational requirement for a broker to obtain a real estate
license in Dubai?
a) High school diploma
b) Associate degree
c) Bachelor's degree
d) Master's degree
Answer: a) High school diploma
7. Which of the following activities is prohibited for a RERA-licensed broker in Dubai?
a) Engaging in multiple property transactions simultaneously
b) Receiving commission from both the buyer and the seller
c) Advising clients on property investment opportunities
d) Acting as a mediator in property disputes
Answer: b) Receiving commission from both the buyer and the seller
8. What is the primary role of the Real Estate Regulatory Agency's (RERA) Dispute
Resolution Committee?
a) To settle disputes between real estate agents and developers
b) To provide legal advice to brokers
c) To mediate disputes between buyers and sellers
d) To oversee the approval of new property developments
Answer: c) To mediate disputes between buyers and sellers
9. In case of a dispute involving a property transaction, where should a RERA-
licensed broker file a complaint?
a) Dubai Courts
b) Dubai Land Department
c) RERA's Dispute Resolution Committee
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