DUBAI RERA BROKER EXAM 2024/2025 COMPLETE
ACTUAL EXAM REAL QUESTIONS AND CORRECT
DETAILED ANSWERS (100% CORRECT VERIFIED
SOLUTIONS) LATEST UPDATED VERSION |RATED A+
GUARANTEED PASS!!
Percent of inhabitants of Dubai that are from somewhere other than the UAE -
ANSWER: 82% (only 12% of native population is Emirati)
Dubai is not a country but rather it is - ANSWER: a city and a state (aka an emirate)
Dubai is different from the US in regards to... - ANSWER: immigrants; US is known as
the world's melting pot and immigrants are absorbed into the US society and they
become Americans; In Dubai, immigrants are temporary. They are welcome to stay
awhile and use their own language and follow their own religion within parameters
but they are NOT invited to become citizens
Another reason to use Dubai to discuss global business is - ANSWER: the language
and business environment
Business in Dubai is conducted in - ANSWER: English
For the most part, Western Business standards are used to conduct business in
Dubai t/f? - ANSWER: true
Dubai is one of the richest countries in the world with an annual GDP of over -
ANSWER: $17,000 per capita
Dubai is the ultimate mixture of - ANSWER: past and present
World's tallest building located in Dubai - ANSWER: Burj Khalifa
Visitors are expected to be tolerant in return by - ANSWER: respecting Islamic
traditions
Contrary to popular belief, alcohol is available to tourists in the bars and restaurants
located in luxury hotels, and residents can obtain an alcohol license. t/f? - ANSWER:
true
UAE dirham is pegged to the American dollar at a rate of - ANSWER: 3.67
an initiative to increase smart services to improve quality of life in the city.It is a
move that the Government of Dubai claims landed them the privilege of hosting the
biggest business "super bowl" in the world -World Expo 2020. started in 2013 under
Sheikh Mohammed - ANSWER: Smart Government
,Dubai got its start from the - ANSWER: discovery of oil
Dubai no longer relies on oil. Instead, they earn most of their revenue from -
ANSWER: trade, services, and finance sectors
To prepare itself for the future, Dubai has focused on - ANSWER: government
transparency, business-friendly regulations, and resilience in the face of global
challenges.
To make business even easier for expatriates, the Department of
EconomicDevelopment has made it possible for most aspects of starting and running
a business to - ANSWER: to take place over the internet
Other elements which make Dubai an extremely popular destination for foreign
business include - ANSWER: FTZ, no taxation, labor laws, and assisted business
startup
Dubai is unlike any other place in the Middle East. It is one of the - ANSWER: least
conservative of all cities in the Middle East
The western business practices, the openness, and the acceptance of other cultures
and religions are not as prevalent in the Middle East . t/f? - ANSWER: true
Dubai is often referred to as - ANSWER: The Las Vegas of the Middle East (it is
generally understood that what is acceptable in Vegas is not acceptable elsewhere;
same applies to dubai)
The business-related point is- - ANSWER: don't assume that because you understand
Dubai that you are ready to conduct business elsewhere in the Middle East.
Dubai started off as - ANSWER: a small fishing village
early on, Dubai enjoyed its own small success as a major route for - ANSWER: pearl,
spice, and silk trading
In the 1830s, the Al Falasi sub-clan from the Bani Yas settled in Dubai. The clan was
led by the Al Maktoum family. They continue to rule the Emirate today. t/f? -
ANSWER: True
Analogy of dubai finding oil - ANSWER: winning the lottery
Oil was discovered in the UAE in - ANSWER: 1950s
Oil was first exported in the UAE in - ANSWER: 1962
Oil was discovered in Dubai in - ANSWER: 1966
, Oil was first exported in Dubai in - ANSWER: 1969
For Dubai, the first answer to expand beyond oil was - ANSWER: tourism (and a few
other things)
Early on, Dubai was a crucial port for - ANSWER: trade and export
The Dubai creek divides Dubai into 2 sections: - ANSWER: Deira and Bur Dubai.
Sheikh Rashid built an airport to receive international travelers in - ANSWER: 1959
How many emirates are in the UAE? - ANSWER: 7
the largest man-made harbor in the world - ANSWER: Jebel Ali
UAE formed in _____ after independence from Britain - ANSWER: 1971
The Federation spent its first decade after Independence... - ANSWER: building a
government, adopting a currency, and doing all work necessary to create a union
founded in 1981 this council included all the energy rich Arabian Gulf Countries -
ANSWER: Gulf Cooperation Council
shaped like the dhows that float alone the Dubai Creek; first seven star hotel -
ANSWER: Burj Al Arab
Al Maktoums lost 77.4% share because of this - ANSWER: collapse of the Bank of
Credit and Commerce International
Sheikh Mohammed became the ruler of Dubai and the VP of the UAE in - ANSWER:
2006
Weekend days in Dubai to allow better communication and business with the
western world - ANSWER: Friday and Saturday
At the end of 2007, ____ and ____ were the two biggest shareholders of the London
Stock Exchange - ANSWER: Dubai and Qatar
Burj Khalifa is named after - ANSWER: Sheik Mohammed's cousin Sheik Khalifa who
is the current president of the UAE and Emir of Abu Dhabi
have been the rulers of Dubai since 1833. - ANSWER: The Al Maktoum family of the
House Al Falasi
Sheikh Mohammed was born on - ANSWER: July 19, 1949
ACTUAL EXAM REAL QUESTIONS AND CORRECT
DETAILED ANSWERS (100% CORRECT VERIFIED
SOLUTIONS) LATEST UPDATED VERSION |RATED A+
GUARANTEED PASS!!
Percent of inhabitants of Dubai that are from somewhere other than the UAE -
ANSWER: 82% (only 12% of native population is Emirati)
Dubai is not a country but rather it is - ANSWER: a city and a state (aka an emirate)
Dubai is different from the US in regards to... - ANSWER: immigrants; US is known as
the world's melting pot and immigrants are absorbed into the US society and they
become Americans; In Dubai, immigrants are temporary. They are welcome to stay
awhile and use their own language and follow their own religion within parameters
but they are NOT invited to become citizens
Another reason to use Dubai to discuss global business is - ANSWER: the language
and business environment
Business in Dubai is conducted in - ANSWER: English
For the most part, Western Business standards are used to conduct business in
Dubai t/f? - ANSWER: true
Dubai is one of the richest countries in the world with an annual GDP of over -
ANSWER: $17,000 per capita
Dubai is the ultimate mixture of - ANSWER: past and present
World's tallest building located in Dubai - ANSWER: Burj Khalifa
Visitors are expected to be tolerant in return by - ANSWER: respecting Islamic
traditions
Contrary to popular belief, alcohol is available to tourists in the bars and restaurants
located in luxury hotels, and residents can obtain an alcohol license. t/f? - ANSWER:
true
UAE dirham is pegged to the American dollar at a rate of - ANSWER: 3.67
an initiative to increase smart services to improve quality of life in the city.It is a
move that the Government of Dubai claims landed them the privilege of hosting the
biggest business "super bowl" in the world -World Expo 2020. started in 2013 under
Sheikh Mohammed - ANSWER: Smart Government
,Dubai got its start from the - ANSWER: discovery of oil
Dubai no longer relies on oil. Instead, they earn most of their revenue from -
ANSWER: trade, services, and finance sectors
To prepare itself for the future, Dubai has focused on - ANSWER: government
transparency, business-friendly regulations, and resilience in the face of global
challenges.
To make business even easier for expatriates, the Department of
EconomicDevelopment has made it possible for most aspects of starting and running
a business to - ANSWER: to take place over the internet
Other elements which make Dubai an extremely popular destination for foreign
business include - ANSWER: FTZ, no taxation, labor laws, and assisted business
startup
Dubai is unlike any other place in the Middle East. It is one of the - ANSWER: least
conservative of all cities in the Middle East
The western business practices, the openness, and the acceptance of other cultures
and religions are not as prevalent in the Middle East . t/f? - ANSWER: true
Dubai is often referred to as - ANSWER: The Las Vegas of the Middle East (it is
generally understood that what is acceptable in Vegas is not acceptable elsewhere;
same applies to dubai)
The business-related point is- - ANSWER: don't assume that because you understand
Dubai that you are ready to conduct business elsewhere in the Middle East.
Dubai started off as - ANSWER: a small fishing village
early on, Dubai enjoyed its own small success as a major route for - ANSWER: pearl,
spice, and silk trading
In the 1830s, the Al Falasi sub-clan from the Bani Yas settled in Dubai. The clan was
led by the Al Maktoum family. They continue to rule the Emirate today. t/f? -
ANSWER: True
Analogy of dubai finding oil - ANSWER: winning the lottery
Oil was discovered in the UAE in - ANSWER: 1950s
Oil was first exported in the UAE in - ANSWER: 1962
Oil was discovered in Dubai in - ANSWER: 1966
, Oil was first exported in Dubai in - ANSWER: 1969
For Dubai, the first answer to expand beyond oil was - ANSWER: tourism (and a few
other things)
Early on, Dubai was a crucial port for - ANSWER: trade and export
The Dubai creek divides Dubai into 2 sections: - ANSWER: Deira and Bur Dubai.
Sheikh Rashid built an airport to receive international travelers in - ANSWER: 1959
How many emirates are in the UAE? - ANSWER: 7
the largest man-made harbor in the world - ANSWER: Jebel Ali
UAE formed in _____ after independence from Britain - ANSWER: 1971
The Federation spent its first decade after Independence... - ANSWER: building a
government, adopting a currency, and doing all work necessary to create a union
founded in 1981 this council included all the energy rich Arabian Gulf Countries -
ANSWER: Gulf Cooperation Council
shaped like the dhows that float alone the Dubai Creek; first seven star hotel -
ANSWER: Burj Al Arab
Al Maktoums lost 77.4% share because of this - ANSWER: collapse of the Bank of
Credit and Commerce International
Sheikh Mohammed became the ruler of Dubai and the VP of the UAE in - ANSWER:
2006
Weekend days in Dubai to allow better communication and business with the
western world - ANSWER: Friday and Saturday
At the end of 2007, ____ and ____ were the two biggest shareholders of the London
Stock Exchange - ANSWER: Dubai and Qatar
Burj Khalifa is named after - ANSWER: Sheik Mohammed's cousin Sheik Khalifa who
is the current president of the UAE and Emir of Abu Dhabi
have been the rulers of Dubai since 1833. - ANSWER: The Al Maktoum family of the
House Al Falasi
Sheikh Mohammed was born on - ANSWER: July 19, 1949
