The Ajman Real Estate Regulatory Agency (ARRA, ARERA or Ajman RERA) is an Ajman, United Arab Emirates based government regulatory authority responsible for the regulation and licensing of Ajman's real estate market, consumer protection and dispute resolution. However, ARRA does not resolve disputes concerning rent of property units.ArabianBusiness.com - Ajman planning real estate regulatorThe National - Ajman developers welcome regulator Gulf News - Ajman creates property regulatorGulf News - Ajman tightens land regulationsGulf News - Ajman dispute panel made up of Arra members, judge
Jurisdiction and legal powers All land, villas and apartments, freehold or otherwise within Ajman, must be solely registered with ARRA. Noncompliance may result in the developer being fined 100,000 AED (27,233.12 USD) onwards.Gulf News - ARRA sets May 1 deadline for registrationGoWealthy.com - Ajman Real Estate Regulatory Agency begins registration for developers and projects GoWealthy.com - Ajman Real estate Regulatory Agency (ARRA) commences project & developer registrations The National - Registration deadline looms for Ajman developers Zawya - Arra fines developers for failing to register on time ARRA is also responsible for certifying escrow bank accounts.AME Info - Ajman Real Estate Regulatory Agency and Dubai Islamic Bank ink escrow account agreement The National - Ajman adds ADIB to escrow list
See also Dubai Real Estate Regulatory Agency
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