DUBAI RERA BROKER EXAM COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED SOLUTIONS) LATEST UPDATED VERSION

RERA EXAM 2023/24 UPDATE WITH 140+ CORRECTLY A
P P P P P P P




NSWERED QUESTIONS |100% VERIFIED| P P P




Highest Burj Khalifa
P P PPPPPPPPPANSWER: ✔- 829,8 (2722 ft) P P P P




Business Bay number of buldings
P P P P PPPPPPPPPANSWER: ✔- 240 (completed 2008)
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Palm JumeirahP PPPPPPPPP ANSWER: ✔- 3 Palms 520 km by Nakheel
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Al Maktoum International Airport
P P P PPPPPPPPP ANSWER: ✔- P




P Projected anual capacity 160 Million passanger
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The World Island
P P PPPPPPPPP ANSWER: ✔- by Nakheel P P P

,Dubai Land Department (DLD)
P P P PPPPPPPPP ANSWER: ✔- P




P The main objective of DLD is to organize and documents all real estate transacti
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on for and behalf Dubai Goverment. established 24.01.1960
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RERA PPPPPPPPPANSWER: ✔- P




P Real Estate Regulatory Agency. Rera regulates the real estate investment in the
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emirate of Dubai. Launched 31 of July 2007.
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Objectives of RERA P P PPPPPPPPP ANSWER: ✔- RERA Role is: P P P P P




- Licensing all real estate activities.
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- Managing and organizing real estate developers' trust accounts.
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- Licensing and organizing real estate agents.
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- Regulating and registering Rental Agreements.
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-Regulating and supervising the owners associations.
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Regulation #3 of 2006 P P P PPPPPPPPP ANSWER: ✔- P




P In 2001 Dubai Goverment agreed to allow expats to have 99-
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year lease of particular property. In 2002 Sheikh Mohammed bin Rashid Al Makt
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,oum, issued a decree allowing foreigners to buy property on freehold ownership
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.




Freehold PPPPPPPPP ANSWER: ✔- You own property and land Forever.
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Leasehold PPPPPPPPP ANSWER: ✔- You own property but not land
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Tarakheesi PPPPPPPPP ANSWER: ✔- P




P Tarakheesi is web application meant for Real Estate Offices for managing Real E
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state Broker operation.
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-Issuing broker card
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-Updating broker card P P P




Cancelling broker card. P P




Blue Broker Card
P P PPPPPPPPP ANSWER: ✔- P




P Blue card issued under the DED licenses and brokers are allowed to work in Dub
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ai. P

, Allows brokers to sell/lease in Dubai + FZ + Sell for developers but not time shar
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e.




Green Broker Card P P PPPPPPPPP ANSWER: ✔- Can only sell developers project.
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Red Broker Card
P P PPPPPPPPP ANSWER: ✔- P




P only time share properties; sell one unit to more than one person.
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Yellow Broker Card P P PPPPPPPPP ANSWER: ✔- only FZ properties P P P P




Return on investment (ROI) P P P PPPPPPPPP ANSWER: ✔- P




P It measures the gain or loss generated on an investment relative to the amount
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of money invested.
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ROI is usually expressed as a percentage and is typically used for personal financi
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al decisions, to compare a company's profitability or to compare the efficiency o
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f different investments.
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ROI (Net profit/Cost of investment)x100
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