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Real Estate Regulatory Agency lauches Dubai Real Times

- May 25, 2008, 3:44 pm

Real Estate Regulatory Agency lauches Dubai Real Times

The magazine will serve as a medium for RERA to communicate with the stakeholders of Dubai property sector and give a forum to various segments of the property sector to express their views. Dubai Real Times is an extension of the Dubai Real Estate Community portal, which is part of the RERA website

The magazine’s launch was announced by Marwan bin Ghalita, the Chief Executive Officer of RERA, at a press conference at the Dubai Land Department, where he explained the idea behind the magazine.

‘We want to encourage complete transparency in the property sector so that no one is in doubt about anything relating to property. We want people to stop wondering and start understanding things in the right perspective and Dubai Real Times’ mission is to facilitate this process,’ said Bin Ghalita.

‘Miscommunication and lack of transparency are a major concern among property investors and other segments of the industry and our endeavor is to clear these confusions and help introduce proper understanding through the magazine. Dubai Real Times seeks to inform and educate as well as open a dialogue with the industry so that issues are brought up and addressed in the most appropriate manner,’ the RERA CEO said.

Dubai Real Times is the first regulatory magazine for the property sector and as such marks another first for the Dubai property industry, which has created benchmarks for not only the UAE, but the entire Middle East region. Some of the regulatory actions of RERA are an improvement on even the global best practices.

RERA has mandated Sterling Publications, publishers of some leading current affairs and business titles, to bring out the monthly magazine, which will be produced to the highest professional standards that have characterized the two editions of Dubai Freehold Property Guide, also published by Sterling.

The content of the magazine has been developed with great care so as to promote transparency in the market, Bin Ghalita pointed out. There will be market studies, trend analyses, commentaries and expert opinions, apart from regular updates on laws, rules and regulations issued from time to time.

As the official publication of RERA, Dubai Real Times adds an authentic tool to the real estate industry to reach out to its stakeholders, whether home owners, investors, buyers, sellers, brokers, consultants or service providers to the industry

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