To: Real Estate Management Supervision Companies,
Subject: Compliance with the laws regulating the work of property management companies
With reference to the above subject and to safeguard the rights of all parties and comply with the laws governing the work of the real estate management supervision companies.
All companies must comply with the following:
1. The license and staff involved in property management supervision and the properties managed by the company must be registered in the Ejari.
2. Management supervision companies aren't allowed to receive any rental payments or cheques in the name of the company, all cheques must be in the name of the landlord.
In the event of non-compliance with this circular with respect to the receipt of rent payments, the penalty contained in Dubai Law No. 2 of 2003 regulating the lease of property in the Emirate of Dubai applies: (Whoever violates this law is subject to a penalty of imprisonment and a fine not exceeding AED 500,000)
For Register In Ejari Program Please Visit Our Office In Land Department Property Rental Affairs Sector