The Real Estate Regulatory Agency (RERA), part of the Dubai Land Department, formulates, regulates, manages and licenses various real estate- related activities in Dubai. RERA was established in July 2007 by a decree of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai.

RERA has been established to coordinate efforts to ensure real estate transactions in the Emirate are conducted in a transparent and effective regulatory environment. It is strongly committed to participation by all stakeholders in the sector and actively pursues its goal of establishing and involving professional and owners' communities.

Recently RERA it had joined the sector's leading standard setter and global regulator the Association of Real Estate Law License Officials (ARELLO). The move effectively completes a multi-phase process of turning RERA into an international agency and key player in the global regulation of the sector.

In recent months it has teamed up with the five core organizations responsible for regulating real estate affairs around the world. It has become part of the International Real estate federation (FIABCI), the World Association of Valuation Organization (WAVO), the Royal Institute of Chartered Surveyors (RICS), the Asian Public Real estate Association (APREA), and the Urban Land Institute (ULI).

The Real Estate Regulatory Agency (RERA), launched 2007, is responsible for:

• Licensing activity in Dubai property sector:
• By real estate brokers
• Such as real estate exhibitions
• Managing trust accounts
• Regulating:
• Rental Agreements
• Owners Associations
• Real Estate Advertising
• Publishing and Circulating Official Research