Tag: ADREC
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Madhmoun Initiative Cleans Abu Dhabi Property Market, Cuts Fake Listings
The Madhmoun initiative, launched by ADREC, has transformed Abu Dhabi’s property market by cutting fake listings, enforcing owner-approved permits, and improving buyer confidence, though concerns remain over rising costs and disclosure requirements for real estate professionals
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Abu Dhabi Unveils Sweeping Real Estate Reforms to Boost Investor Confidence
Authorities in Abu Dhabi have announced extensive updates to the emirate’s real estate laws, streamlining dispute resolution, boosting transparency, and promoting sustainable growth in the sector
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UAE Real Estate Crackdown: 50 Fines Issued and 7 Licenses Suspended for Rule Violations
ADREC suspended seven real estate brokers and fined their brokerage office Dh30,000 for non-compliance, signaling a firm commitment to upholding Abu Dhabi’s real estate standards. This decisive action aims to maintain integrity and professionalism in the sector