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How to get a real estate broker license in Dubai

If you have good communication skills and desire to work hard to create a good reputation, then real estate brokerage can give you a decent amount of money as commission. You will be working with expensive properties in the region and people who are searching for their dream homes. Which will help you to build a client portfolio of multicultural clients in Dubai.

Definitely, It is not an easy task to become a real estate agent in Dubai. You need to get a real estate broker license to operate legally in the UAE.  The process involves a lot of documentation and approvals from various government ministries additionally you need to pass an exam conducted by DREI. 

 

How to choose the right legal structure

A real estate brokerage firm in Dubai can choose either the sole establishment or Limited Liability Company (LLC) legal structure. If there is only one owner for the business, then the legal structure of the firm should be sole establishment. If the number of shareholders is exceeding 2, the legal structure of the firm should be LLC and you need a local service agent to establish the company. An LLC real estate brokerage firm allows up to 50 shareholders. The real estate brokerage firm can only be formed in mainland jurisdiction. 

real estate broker license in dubai

 

Step by step process to get your real estate broker license in Dubai

The application for a real estate broker license must be submitted through the Department of Economic Development and then get approval from RERA through Trakheesi System. 

Step 1: Trade name reservation 

Step 2: Initial approval enquiry receipt 

Step 3: Submit relevant documents to the land department, complete online course registration 

Step 4: Obtain NOC/approval from RERA once training is done. 

Step 5: Obtain an initial approval certificate from DED 

Step 6: Signing of Memorandum of Association/Local Service Agent Agreement/Civil Works Agreement at the Notary Public. Please note that all shareholders need to present at the time of signing. 

Step 7: 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. 

Step 8: Collect payment voucher & make payment 

Step 9: Obtain trade license 

Step 10: Obtain office registration number and broker ID 

 

Real Estate Broker License Requirements in Dubai

Requirements at DED 

  • Owner’s passport copy, Emirates Id card, Family Book (if applicable) 
  • Passport-sized photographs with white background 
  • Tenancy Contract and EJARI Certificate 
  • Memorandum of Association (if applicable) 
  • External Approval from RERA 

Requirements at RERA 

  • DED Application Form 
  • Trade Name Reservation 
  • Initial Approval Enquiry Receipt 
  • Owner’s passport copy, Emirates Id card, Family Book 
  • Certificate of good conduct from Dubai Police 
  • Degree Certificate of the owners 
  • Real Estate Practitioner Course Certificate / Real Estate Diploma 

Have any questions on how to set up a real estate brokerage firm in Dubai?

Business setup consultants at Decisive Zone with years of experience in helping entrepreneurs to guide through the process of business setup in Dubai, UAE. Get your commercial real estate broker license in Dubai and professional support for your business setup. 

Contact us for a free consultation now.

About the author:
Bob Natividad | Operations Manager

Bob Natividad | Operations Manager

Bob’s years of experience in the industry makes him one of the top experts in business operations and compliance.
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