Are you ready to dive into the world of real estate entrepreneurship? Launching your real estate firm can be a thrilling and rewarding venture. However, setting up a successful business in the competitive real estate market requires careful planning and execution.

In this step-by-step business setup plan, we will guide you through the process of starting your real estate firm. From establishing your brand to building a team, and finding clients to securing funding, we will cover all the essential aspects of launching your real estate business. Each step will be outlined in detail, providing you with valuable insights and practical tips to ensure a smooth and successful startup journey. Whether you are an experienced real estate professional looking to branch out on your own or someone with a passion for property and a desire for financial independence, this guide is for you. Get ready to turn your dreams into reality and embark on an exciting new chapter in your career. Let’s get started on building your real estate empire.

To obtain a Real Estate license in Dubai, here are the following guidelines for reference:

Setting up a real estate company in Dubai can be thrilling, but navigating the process requires careful planning and attention to detail. Here’s a step-by-step guide to help you get started:

1. Select your Trade name, Business Activity, and Company Structure

Company Structure

1. Sole Proprietorship– Owned and managed by one person. No separate legal entity exists. The owner has unlimited personal liability for all business debts and obligations.
2. LLC– Can be owned by one or more individuals or companies. Shares can be distributed among owners. There must be a designated manager, who can be an owner or an external person.
3. Branch Office– Owned and managed by the parent company. The branch manager acts as a representative of the parent company.

Activities:

1. Buying and selling of real estate
2. Real Estate Consultancies
3. Real Estate Survey Services
4. Real Estate Finance
5. Real Estate Services Center
6. Real Estate Registration Agent
7. Real Estate Representative Office
8. Real Estate Valuation Services
9. Real Estate Development
10. Real Estate Training Institute
11. Real Estate Exhibition Organizing
12. Real Estate Management
13. Supervision Services
14. Real Estate Buying & Selling Brokerage
15. Real Estate Services Trustee
16. Real Estate Promotion Trustee

IMPORTANT NOTE: RERA is charging AED 5,020 per activity. And the license fee will not be lower than AED 14,000

   2. Registration of the Application form

This involves an Initial License application, Trade name registration, and Business activity application, here are the following requirements to submit:

Requirements:

1. Colored Passport Copies of all the shareholders
2. Colored Visa Copies of all the shareholder (if there’s any)
3. Colored EID Copies of all shareholders (if there are any)

3. Obtain external approval as needed

To obtain a Real Estate license in Dubai, we must obtain approval from the following Government Entities:

• Dubai Land Department (DLD) License which is responsible for registering and issuing titles to all land and commercial properties in Dubai.
• Real Estate Regulatory Agency (RERA)– You will need to register with the RERA to be able to legally operate as Real Estate Broker (after issuance of the license)

Additionally, applicants must meet the following requirements:

• Get an ORN Certificate- (Office Registration Number)
• Obtain a RERA broker’s card – Pass the RERA-accredited Real Estate Brokerage Exam.

4. MOA Signing

This includes the company name, registered office address, business objectives, authorized share capital, and liability clauses for shareholders

 5. Provide Ejari

Ejari plays a crucial role in creating a fair and transparent rental market in Dubai. It protects both tenants and landlords by ensuring legally binding agreements and establishing clear communication channels.

6. License Issuance

7. Immigration/Establishment Card

8. Apply for a Partner/Investor Visa

Why should you hire an expert like us to obtain a real estate license?

Dubai’s real estate license journey can be exciting, but intricate. Deciphering regulations and securing approvals is daunting. Our expert team, with deep market knowledge and a proven track record, empowers you to navigate the process seamlessly. Let us handle the complexities while you focus on your licensing aspirations and future career.

Researching the market and identifying opportunities

Before launching your building and contracting business in Dubai, it is essential to research the market and identify opportunities that align with your expertise and goals. Determine the specific areas of construction that are in high demand, such as residential, commercial, or infrastructure projects. Consider niche markets or specialized services that can give your business a competitive edge.

Networking and attending industry events can also provide valuable insights into the market landscape and help you establish connections with potential clients and partners. Engage with local construction associations and join relevant online communities to stay updated on industry news and opportunities.

• Why Dubai for Your Business Set Up?
• Steps for Your Business Setups in Dubai
• Can I Start a Business While Being Employed Full-Time?