How to Verify a Real Estate Agent or Developer in Dubai

Acquiring real estate in Dubai is a gigantic economic choice, and the first and most important thing you can do right is to make sure that you are getting the deal done by licensed and regulated professionals. The Dubai Land Department (DLD), along with its regulatory body, the Real Estate Regulatory Agency (RERA), has set up straightforward, digital means for direct verification at your fingertips.

For every potential buyer, the following is vital information on how to carry out your due diligence on agents as well as on developers.

Part 1: Verifying Your Real Estate Agent (Broker)

Every licensed realtor and their agencies in Dubai must register themselves with RERA. This guarantees their success in mandatory skill assessments and observance of professional and ethical rules that are very strict.

What You Must Get from the Agent:

• RERA Broker Card / ID: It is mandatory for the agent to present his or her personalized Broker Registration Number (BRN).
• Agency Credentials: The enterprise that they are employed by is obligated to provide its Office Registration Number (ORN).

The Official Verification Method:

The DLD’s official mobile application is the easiest and most trustworthy method of confirming an agent, and it is the Dubai REST App.

• Step 1 (Download): Download the Dubai REST App from the app store.
• Step 2 (Search): Go to the inquiry section and enter either the agent’s BRN or the agency’s ORN.
• Result: The application’s output will immediately verify their license status, upholding, and asserting that they are the ones allowed to practice.

Crucial Check: The Madmoun QR Code

During the inspections of the property listings (be it online, printed, or social media), the first thing to look for is a “Madmoun” sticker or QR code. This is a must for all ads that bear a license. The scanning of this code shows the agent has an active RERA permit for that specific property, thereby involving no fake or misleading listings automatically.

Part 2: Verifying Your Real Estate Developer & Project

In case of an off-plan property purchase, the developer’s and the project’s legal status verification is the surest way to protect your money.

Things to Look for in the Developer:

1. DLD Registration: Make sure the developer has a current license from DLD. You could use the public registry of developers on the DLD website or the Dubai REST app for this. An established developer will have a record of completed projects that can be verified.

What to Check for the Project:

2. Project Status Registration: The registration of every off-plan project with RERA is mandatory. The Dubai REST App can be used to search for the project by name or unique RERA Project Number. Thereafter, the app will display its enrollment status, the plot number, and prospective beneficial builders.
3. An account held in escrow: A government-regulated Escrow Account in the name of the developer is the only place where all buyer payments for off-plan properties are to be deposited. Your money is guaranteed to be protected and only allocated for the project construction through this account that is controlled by an approved trustee bank. Always steer clear of making payments directly to a developer’s company bank account. Ask for the official Escrow Account details and make sure that they correspond with the records of the DLD.

Securing Your Investment

When dealing with real estate in Dubai, it is not a big deal, but it is much easier when you have RERA-approved agents who are honest and verified. Properly doing your research beforehand can not only secure your investment but also make you feel relaxed.

Dream Dwell Properties has only RERA-certified agents, and all of them are also verified by the Dubai Land Department, so every client gets to interact with the right experts. If you need a reliable and approved real estate Agent in Dubai, you can either reach out to Dream Dwell Properties or visit them at their office for customized assistance and secure property deals.