14 March 2010
Online registration must for lease contracts: Rera
Mohammed bin Hammad
(Real Estate Regulatory Agency) "Today's announcement puts in place a key mechanism that will go a long way towards stamping out malpractice in the rental sector. The aim is to ensure all lease contracts and the parties to such agreements are registered and the details recorded. This will lead to the Dubai rental market becoming one of the most transparent and accountable anywhere and, at the end of the day, one of the best regulated... At a different level, full implementation of Ejari registration will enable the authorities to construct a full and accurate picture of Dubai's rental market."