RERA Property Management and Maintenance 2

Question 1

What is the sinking fund (reserve fund) requirement for Dubai buildings?

Accepted Answer

RERA requires a percentage of service charges to be set aside in a reserve fund for future major repairs and replacements of building components

Answer

RERA requires buildings to maintain a reserve fund (sinking fund) with a percentage of service charge income set aside for major future expenditures such as elevator replacement, facade maintenance, and equipment overhauls.

Question 2

What sustainability and green building requirements affect Dubai properties?

Accepted Answer

Dubai Green Building Regulations mandate energy efficiency standards, sustainable materials, waste management, and water conservation for new construction

Answer

Dubai's Al Sa'fat Green Building Rating System and Green Building Regulations mandate sustainability standards including energy efficiency, water conservation, sustainable materials, waste management, and indoor environment quality.

Question 3

What is DEWA (Dubai Electricity and Water Authority) and how does it affect property management?

Accepted Answer

DEWA provides electricity and water, manages DEWA charges, requires connection/disconnection procedures, and sustainability compliance including solar programs

Answer

DEWA is the government utility provider managing electricity and water supply, billing, connection/disconnection for property transactions, sustainability programs (Shams Dubai solar initiative), and energy efficiency monitoring.

Question 4

What insurance requirements apply to Dubai properties?

Accepted Answer

Building insurance for common areas (arranged by OA/management), contents insurance (recommended for owners/tenants), and third-party liability insurance

Answer

Dubai property insurance includes mandatory building insurance for common areas (arranged through the owners' association), recommended contents insurance for individual units, and third-party liability coverage for common areas.

Question 5

What pest control and hygiene standards apply to Dubai properties?

Accepted Answer

Regular pest control treatments, compliance with Dubai Municipality hygiene standards, waste management protocols, and swimming pool water quality standards

Answer

Dubai properties must maintain regular pest control treatments, comply with Dubai Municipality hygiene regulations, implement proper waste management systems, and maintain recreational facilities (pools, gyms) to health standards.

RERA Broker Practice Test

RERA Broker Practice Test

RERA Property Management and Maintenance 2