About Real Estate License:

With more and more people shifting their base to the UAE, the real estate market is booming. Dubai has some of the best properties and is also a great place to build a portfolio of multicultural clients, making it ideal to set up a real estate business here.

Prices and rents for properties are expected to increase by 10-15% by the end of 2022 in the UAE, making real estate an ideal investment.

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Procedure:

An application for a Real Estate brokerage license must be submitted through the Department of Economic Development. This should be further approved and by RERA through the Trakheesi System.

Trade name reservation

Initial approval enquiry receipt

Document submission

Submit relevant documents to the land department and complete the online training registration.

Obtain NOC/approval from RERA post training

Obtain an initial approval certificate from DED

Document signing at the Notary Public

Sign a Memorandum of Association/Local Service Agent Agreement/Civil Works Agreement at the Notary Public. Please note, all shareholders need to present at the time of signing.

Obtain a payment voucher from DED

Submit the initial approval, original approved DED form, trade name reservation, tenancy contract with Ejari and all the documents mentioned above to DED and obtain a payment voucher

Collect payment voucher and make payment

Obtain trade license

Obtain office registration number and broker ID

Cost for real estate brokerage license

Get an estimate for your desired business in your desired currency in under a minute with this cost calculator

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Why choose Decisive Zone as your UAE business setup specialists?

  • We help you choose the right jurisdiction, structure and company type for your business activity.
  • We brief you about expanding you real estate business online.
  • We give you the right business setup guidance.
  • We solve your queries related to licensing requirements for conducting your real estate business online in the UAE.
  • We can help you set up a business in the UAE remotely.