Ajman Real Estate Regulatory Agency

Emirate of Ajman
Ajman Real Estate Regulatory Agency (ARRA)
مؤسسة عجمان للتنظيم العقاري
Agency overview
Jurisdiction Emirate of Ajman
Headquarters Ajman
Agency executive
  • Abdulaziz Humaid Al Nuaimi, Chairman
Website www.arra.ae

The Ajman Real Estate Regulatory Agency (ARRA, ARERA or Ajman RERA) is an Ajman, United Arab Emirates based government regulatory authority responsible for the regulation and licensing of Ajman's real estate market, consumer protection and dispute resolution. However ARRA does not resolve disputes concerning rent of property units.[1][2][3][4][5]

Jurisdiction & legal powers

All land, villas and apartments, freehold or otherwise within Ajman, must be solely registered with ARRA. Noncompliance may result in the developer being fined 100,000 AED (27,233.12 USD) onwards.[6][7][8][9][10] ARRA is also responsible for certifying escrow bank accounts.[11][12]

See also

References

  1. ↑ ArabianBusiness.com - Ajman planning real estate regulator
  2. ↑ The National - Ajman developers welcome regulator
  3. ↑ Gulf News - Ajman creates property regulator
  4. ↑ Gulf News - Ajman tightens land regulations
  5. ↑ Gulf News - Ajman dispute panel made up of Arra members, judge
  6. ↑ Gulf News - ARRA sets May 1 deadline for registration
  7. ↑ GoWealthy.com - Ajman Real Estate Regulatory Agency begins registration for developers and projects
  8. ↑ GoWealthy.com - Ajman Real estate Regulatory Agency (ARRA) commences project & developer registrations
  9. ↑ The National - Registration deadline looms for Ajman developers
  10. ↑ Zawya - Arra fines developers for failing to register on time
  11. ↑ AME Info - Ajman Real Estate Regulatory Agency and Dubai Islamic Bank ink escrow account agreement
  12. ↑ The National - Ajman adds ADIB to escrow list

External links


25°23′34″N 55°26′10″E / 25.39278°N 55.43611°E / 25.39278; 55.43611Coordinates: 25°23′34″N 55°26′10″E / 25.39278°N 55.43611°E / 25.39278; 55.43611

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