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

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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.

General requirements

  • Sponsor’s passport with residence visa and Emirates ID
  • Dependents’ passport copies
  • Dependents’ passport-size photo
  • Attested marriage certificate (MOFA, country attestation, Arabic translation)

Minimum salary requirements:

  • For male expatriates: AED 4,000 or AED 3,000 plus accommodation.
  • For female expatriates: AED 10,000 or AED 8,000 plus accommodation.
  • The minimum monthly salary to sponsor parents and parents-in-law is AED 20,000.

Proof of relationship and dependency:

  • Marriage certificate (attested & translated copy).
  • Birth certificate for children (attested & translated copy).
  • With a non-objection certificate from the biological parent for stepchildren.
  • With legal adoption papers for adopted children.
  • Sponsor’s birth certificate for parents.
  • Additional documents to show proof of parents’ dependency may be required.

A sponsor may also apply for dependent visas for parents-in-law by submitting a marriage certificate and the spouse’s birth certificate. In this way, a connection between the sponsor and the parents-in-law can be established.

Proof of domicile:

The sponsor must be able to show that the dependent will have a decent place to stay while residing in the UAE, that the domicile will have enough rooms for the number of dependents, and that the domicile actually has active utilities.

  • Tenancy contract or title deed.
  • At least 1 bedroom for immediate family – spouse and children.
  • At least 2 bedrooms for extended family – parents or parents-in-law.
  • Recent utility bills (DEWA, SEWA, ADDC, etc.)

In addition to this, family members over 18 years of age have to pass the medical fitness test from a health centre approved by the UAE government.