The Real Estate Regulatory Agency (RERA) in Dubai has started to suspend the licences of property brokers who fail to register, after warning several weeks ago that it would take action against those who did not conform to the new rules and now it is again warning that it will not hesitate to act against those who fail to do so.

RERA took action after is found that property broker Sulehri Real Estate was advertising in newspapers for leasing units in Discovery Gardens and International City but although being registered with the Dubai Department of Economic Development, it was not registered with RERA.

RERA is also reminding buyers and sellers that they should only use the services of RERA-registered brokers. They can check the broker’s RERA accreditation at the agency’s website before dealing with them.

As of 7th July 2009, the number of brokerage companies registered was 2,087 but the number of brokers is estimated at 7,761, according to RERA.