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.
Popular Licenses
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.
There are two jurisdictions you can choose to establish your business – Mainland and over 50 Free Zones. Both offer different benefits based on the business type and activity.
The next step is to choose a business structure. It can be a sole establishment, LLC, civil company, branch or representative office. We can guide you on the best choice for you.
Submit relevant documents to the land department and complete the online training registration.
Submit all the documents with the Tenancy Contract and Ejari to the relevant authority for final approval. Open a corporate bank account after receiving the license.
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
Submit all the documents with the Tenancy Contract and Ejari to the relevant authority for final approval. Open a corporate bank account after receiving the license.
Submit all the documents with the Tenancy Contract and Ejari to the relevant authority for final approval. Open a corporate bank account after receiving the license.
Submit all the documents with the Tenancy Contract and Ejari to the relevant authority for final approval. Open a corporate bank account after receiving the license.
Calculate your business setup cost
Get an estimate for your desired business in your desired currency in under a minute with this cost calculator.
Why choose Decisive Zone as your UAE business setup specialists?
- We help you choose the right jurisdiction, structure and type for your business activity.
- We guide you on possibilities of the online business activities.
- We provide you with the right business setup guidance.
- We provide solutions to all your UAE e-commerce license queries.
- We can help you set up a business in the UAE remotely.
