Stop cold calls or face hefty fines: Dubai's property regulator

123rf

If you have noticed a spike in cold calls from real estate agents offering to sell or rent your property, you are not alone.

A number of homeowners have been in touch with ARN News to share their experience.

Dubai resident Uttara is one of them.

Another resident, Karen says the problems aren't limited to phone calls alone, as she is also hounded by emails.

ARN News shared these concerns with the CEO of Dubai's Real Estate Regulatory Agency (RERA), Marwan Bin Ghalita, who said it's absolutely illegal for property brokers to cold call or send messages to unregistered customers.

He added that the authority has fined four brokers AED 50,000 each for illegal cold-calling over the last two months, and they are working with Dubai Police to crack down agents selling databases of investors.

Bin Ghalita also explained how RERA is trying to raise awareness among the agents.

(With inputs from Hanan Marafie and Mohamed Suleman) 

More from Local

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!