Real Estate License

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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.

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

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