The Dubai Property regulator RERA as announced that it new audit system as checked around 70% of the projects registered with them.

The governing body for Dubai Real Estate as checked around 70% of financial statement for around 70 percent of projects registered with them it has been announced, in an attempt to police the current projects under construction in Dubai in order to guarantee that developers are in compliance for financial Escrow rules and are continuing in line with Guidelines and target set.

The audit is hoped will bring up any problems early and will also offer confidence to purchasers that all Dubai based developers must comply with the regulations.

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