Dubai RERA Valuation & Market Analysis question: paid by a bank to issue a signed valuation report on a Dubai Hills villa

Dubai RERAValuation & Market Analysis

A licensed broker who is not on RERA's Roll of valuers is paid by a bank to issue a signed valuation report on a Dubai Hills villa. Under ECR No. 37 of 2015, what is the position?

A He breaches the bank's internal rules alone; ECR No. 37 of 2015 sets no fine
B It is allowed, as his broker card covers pricing advice to banks
C He is practising without registration on the Roll; the fine is AED 20,000
D It is allowed for one report a year, if the bank is told he is a broker

Show the answer and explanation

Answer: C. He is practising without registration on the Roll; the fine is AED 20,000

Article 4(a) of ECR No. 37 of 2015 (in force 12 Oct 2026) bars any natural person from practising the valuation profession in Dubai without being registered on RERA's Roll, and Schedule (2) item 1 fines practice by an unregistered natural person AED 20,000. A broker card authorises brokerage, not valuation. Brokers may discuss market prices with clients, but issuing a valuation report for a fee is practising the profession. Source: Executive Council Resolution No. (37) of 2015 Regulating the Real Property Valuation Profession, Art. 4(a) and Schedule (2) item 1 (in force 12 Oct 2026).

Common mistake

Assuming a broker card lets a broker issue valuation reports.

Practice more Dubai RERA Valuation & Market Analysis questions

Exam-style questions with worked answers, then full timed mocks. Free to start.

Start practising →

Study note: Valuation & Market Analysis (ECR 37 of 2015)Dubai RERApractice questions & mock exams

Related Dubai RERA practice questions

A small office building in Al Quoz earns AED 180,000 a year in rent, and the owner bears AED 30,000 a year of operating costs. Capitalising net operating income at 6%, what value does the income approach give?Hessa is a registered valuer employed by a Dubai bank. A friend asks her to value his Mirdif villa privately for a fee, outside her bank work. May she accept?Noura has completed her broker training and passed the DLD's brokerage test. She asks which body Law No. 5 of 2020 empowers to issue qualification certificates to real estate practitioners. Which is it?

Build a daily practice habit — a few exam-style questions a day, with worked answers. Free to start.

Start practising →

Original study material mapped to the public exam domains; not a real test question.Independent. Not affiliated with DLD, RERA or DREI. Verify figures and rules against current guidance before relying on them.