DED and Rera in deal to enhance service quality

The Dubai Department of Economic Development (DED) and Dubai's Real Estate Regulatory Authority (Rera) have signed an agreement to enhance the quality of support services offered to real estate investors and customers.

Rera will use the licence and business registration system applied by the DED for issuing licences related to real estate activities.

Khalid Al Kassim, Deputy Director General for Planning and Development at DED, and Marwan bin Ghalita, CEO, Rera, signed the pact.

"The agreement comes in line with DED's strategic objective to constantly review existing procedures to simplify rules and regulations. The business registration system at DED has been thoroughly streamlined and made more user-friendly. Investors can now set up businesses with the minimum of procedures and paperwork, and DED will assist them by co-ordinating with other government departments and authorities," said Al Kassim.

"Rera will set the basics of licensing for real estate activities and implement procedures to speed up the issuance of licences for such activities. Through the pact with DED, we will share best practices and experiences, and explore mutually beneficial opportunities, which will enhance the quality of support services offered to realty investors and customers. The initiative will further complement the sustained progress witnessed by the realty sector," said Ghalita.