Real Estate in Dubai

What is BCC?

• Building Construction Cost

• Building Control Code

• Building Completion Certificate

• Building Construction Commencement

Dubai declared free hold rights for non nationals on

• 1960

• 2007

• 2002

• 2000

Why is Dubai's Vision 2040, Important?

• Development of 5 new Urban Centers

• Making Dubai a 20 minute city

• Building Worlds Largest Solar Park

• New Railway, Metro Line & Air Taxis

• All of the Above

What does RERA stand for ?

• Real Estate Regulatory Authority

• Real Estate Regulatory Agency

• Real Estate Regulatory Association

• Real Estate Rewards Academy

Off-Plan property can be registered by ................ prior to Title Deed issuance

• DLD

• RERA

• DEWA

• OQOOD

Purchasing a property before a developer has finished building it, or before construction has begun is called as........

• Master Planned Community

• Off-Plan Purchase

• Secondary Market

• Lease Hold

The amount of money a buyer pays upfront in order to purchase a property is called...........

• Down Payment

• DLD Fees

• Token Advance

• Oqood Fees

A Title Deed is ...............

• Legal binding document between Developer and Purchaser

• The document registered at the land department which shows ownership of property

• A formal partnership between two or more parties

• Handover Date

The approximate or anticipated date of project completion is called ...........

• Escrow

• Handover Date

• SPA

• MOU

Golden visa for Real Estate requires minimum of ................. AED as an investment

• 2 Million

• 3 Million

• 4 Million

• 5 Million