How to get real estate license in Dubai

Last updated on May 6, 2022

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How to get real estate license in Dubai

How to get real estate license in Dubai is one of the challenging topic in the region. To register real estate Company in Dubai you have a large number of option; like real estate developers, real estate manufacture and a real estate brokers or agents; because investors are exciting to invest in real estate in the area. The gov’t of Dubai is regularly organizing the region’s most important Real Estate events; with 10,000 anticipated visitors and over 300 exhibitors for each day ranging from brokers; to developers, to concluding stages-users ravenous to take hold of a concession. These proceedings are organizing to broadcast new projects. That is why the demand for Real Estate Company set up in Dubai is very high.

How to get real estate license in Dubai

Dubai is the only state in UAE that is not depending on oil and petroleum; due to low oil and petroleum assets in the state. But Dubai cover up such flaw of a lesser amount of resource by opening other projects; like high degree of import and export, business, tourism and infrastructure etc. for development of the state. Business friendly policies by Dubai govt. And political stability in the country allow Dubai to act as a global leader in business opportunities. So Real Estate company creation in Dubai is one of the best opportunities for expat to invest in Dubai. Thus they are searching for how to get real estate license in Dubai.

Property management license Dubai

Property management license Dubai permit a firm to offer legitimate property management services. This includes contracting with clean-up, maintenance as well as companies of security; running the affairs of administration of real property; and agreement with real estate brokers to let out vacant units of real estate. These firms may not offer services of brokerage for the sale, resale or rent of real property.

Property management license Dubai

  • Activity Code 702006
  • Activity Group Real estate
  • License Type Professional

Activity Description : Property management license Dubai allows to handle; as well as manage properties as relating to contracting with the firms in point the finger at of cleaning; maintenance and security services; also carry out the administrative problems for the owner of  property’s; arrange with lease brokers to get tenants for not in use units in the structure. Property management license Dubai is not agree to practice selling, releasing or leasing properties

How to get real estate license in Dubai as buyer and seller

This service enhances your morale applying to offer brokerage services for renting Real possessions. This service is accessible to companies which take steps as link between land owner and tenants. These companies offer their services in return for commissions; and their responsibility ends upon implementation of the related agreements.

How to get real estate license in Dubai as Real Estate buying & selling Brokerage

  • Activity Code : 702001
  • Activity Group : Real estate
  • License Type : Commercial

Activity Description: Includes firms that deals with buying and selling of property performing as brokers between the owners and buyers. The function ends with the signing of the agreement and leading receipt of settled commission.

How to get real estate license in Dubai as Buying and selling of real estate

  • Activity Code : 701001
  • Activity Group : Real estate
  • License Type : Commercial License

Activity Description Includes firms engaging in buy and sell as well as advertising real estate; for instance residential and non-residential buildings as well as land; these firms are not allow to carry out the activity of Real Estate Development.

How to obtain real estate license in Dubai; how to register real estate company in Dubai; and how to form a real estate company in Dubai; how to register a real estate brokerage in UAE

A major point to believe and consider before thinking of how to form a real estate company in Dubai; which is, only a UAE national can hold a real estate companies; and also keep in mind that one partner can only acquire one license of such company. So it means that you require finding a local partner; who does not have any other real estate company on his or her name. UAE national will keep 51% shares of the company; but you can make an agreement of different earnings share with him. But as per the law of having local sponsor does not affect; in case you are going to form your company in a free zone or starting an overseas company.

Before searching for how to register real estate Company in Dubai, you require to do some market research. You can easily do such study by taking a professional business setup consultant; but studying local newspapers or visit to a conference on local business; will only give you an idea of the real estate business; but it will not instruct you on how to register real estate Company in Dubai. So only a professional business consultant knows the procedure; rules and regulation. After receiving awareness about the real estate business in UAE; it will be much easy for you to prefer whether it is suitable for you to form such type of company; in the UAE mainland or at one of the free zones; or you must work as a broker for an already well-known real estate company in Dubai.

How to get real estate license in Dubai

The initial step for How to acquire real estate license in Dubai; is registration of trade name of your real estate company. This trade name must be associate with the type of your business. So it means you can use the word of ‘developer, real estate or broker’; if you are using such activities in your business.

The real course of action to obtain real estate license in Dubai will start after receiving the trade name. You can submit an application for advance registration of RERA in Dubai. You can have RERA endorsement after implementation real estate course of 20 hours with charges of AED 12,020; in case of a post-secondary degree. Otherwise, the duration of this course is 49 hours and it will charge AED 12,020. It is an essential course as per the order of Dubai govt. So that the entrepreneur should know basics about his or her business.

After receiving RERA certificate, you will sign the MOA “Notary Public”; after that the authority will issue license for establishment of the company.