The real estate industry in Dubai has become one of the most lucrative, transparent and secure property markets in the world.
The Dubai Real Estate Regulatory Agency (RERA) presented a model of inspiration for Indian authorities to reform their own regulatory framework in 2016.
Dubai’s RERA currently offers the best protection for investors in the real estate sector. So much so, that property developers are deprived of the right to access investors’ money deposited in escrow accounts without permission from RERA, a surveyors’ site inspection and a progress report.