Being a real estate agent in Dubai might be a good job for you if you’re good at talking to people and getting things done. But how do you do it? Here is our step-by-step guide on how to get into real estate in Dubai. So, keep on scrolling to learn all about it.
What is a Real Estate License Dubai?
People can officially work as real estate agents in Dubai if they have a real estate licence. Moreover, this is issued by the Dubai Land Department (DLD) and managed by the Real Estate Regulatory Agency (RERA).
As it were, being a real estate broker, buyer, or estate agent in the UAE actually has a lot of good points. First, you will be obviously dealing with land, which is one of the most lucrative and expensive items on the market today. If you are good at sales and negotiations and really want to build your name, it is a plus. Ergo, you can get a good bonus on top of your base pay.
Another thing is that being a real estate agent is a fun job. You might even help someone find their dream home or job, which is awesome and fulfilling. It’s also the type of job where you can work with a wide range of international clients, which can be fun in its own way.
Of course, because it’s a tough field, you should be ready to work hard, talk to people often, and learn to figure out what they need. Also, you should know that some brokerage companies hire sellers as independent workers and only pay them commission, while others pay them a base salary plus commission. In this case, though, fees are still the main way that agents make money. So, let us begin discussing the whole process below!
Getting a Real Estate Broker License in Dubai
To apply for a real estate licence in Dubai, you will need to do several essential things. These include, but are not limited to, the following:
Getting the Residency Visa – For Expats
Getting a residency permit from your real estate firm is the first thing you need to do to become a property broker in Dubai. You can’t work as a real estate agent on your own in Dubai. To get a Broker’s Permit, you need to work for a registered real estate agency. You can apply for jobs as a real estate agent with companies in Dubai that are hiring.
People from the UAE and the GCC can easily sign up for the licensing process. However, people from outside of Dubai need a legal residency visa in order to apply for a job as a Super agent there. In Dubai, you can get a work visa from your boss or a residency visa if your partner works there and sponsors you.
Please keep in mind that if you have a spousal residency card, the real estate agent will need to give you a work pass.
You will also need your Emirates ID, which you get when you move to the UAE. If you’re new to the country, this is a complete guide on how to use and gain from your Emirates ID.
How to Get a Real Estate License in Dubai – Becoming a Broker
To get a Broker’s Licence, you must pass the Real Estate Brokerage Exam after getting your residency in the UAE. You will need to get your BRN, or Broker’s Registration Number, in order to get your Broker’s Licence. People looking for a real estate agent can use your BRN to find you on DLD’s list of listed dealers. This Dubai real estate licence number is also shown on your Bayut profile as an agent. To sell homes on the secondary market, you need this permission. This permission is not needed by real estate agents who sell off-plan homes or rent out houses.
Dubai Real Estate License Cost
The next step is to take the test, which will test your knowledge of the rules and laws that guide the real estate business in Dubai. People with bachelor’s degrees pay AED 3,200 to take this test, while people without bachelor’s degrees pay AED 6,300. The fee for people who don’t have any schooling is AED 15,750. The price that RERA charges for all of these things is AED 3,520.
If you want to get a bachelor’s degree first, you can look at the list of degree programmes. This is for real estate fans to get a better understanding of the field before starting their job.
After you pass the test, you need to get a Police Clearance Certificate before you can apply for a Dubai Broker licence. It costs 200 AED and can be found on the Dubai Police website. It takes about two days to process.
Once they get it, the office team at your firm will use the Trakheesi site to apply for your Brokers Licence. They will show proof that they have been cleared by the cops, that they have finished the course at DREI, and that they passed the test. The Economic Department will then give you your trading licence and card. Real estate agencies that are registered with the DLD can use their account to access the Trakheesi platform and apply on your behalf, using your new Emirates ID and residence visa. After you send in all the necessary paperwork, you should get your details (Trakheesi login) and Brokers Licence within one or two days. Thus, that covers all you need to know about the cost of a broker real estate license in Dubai, UAE.
How to Apply
As for how to get real estate broker license in Dubai UAE, one must actually apply. Let us sum up the application process for you below, now that we have thoroughly covered the fees above.
As for the application, no documents are needed. For licences for freehold places only, a letter of no complaint from the licensing bodies must be included. After completing the Certified Training for Real Estate Brokers course, you will need to pass the RERA exam. Next, follow these steps:
- You need to fill out the application form and send it to the DLD with anything they may ask for.
- Make sure you pay all the fees that are due for the training, the test, and getting your licence.
- RERA will look over your application after you send it in. The real estate licence will be sent to you once you are accepted.
- If you carefully follow these steps, you will be able to get your real estate licence.
How to Check Status
To answer the question of how to check a real estate agent license in Dubai UAE, stay with us. The Dubai Land Department has an online site where you can check on the progress of your real estate licence. That is, of course, after you have sent in your application:
FAQs
While you don’t need to have a degree to become a real estate broker, you do need to pass the Real Estate Regulatory Agency (RERA) test and finish a four-day course called Certified Training for Real Estate Brokers.
Yes, completing the Certified Training for Real Estate Brokers course by RERA is mandatory.
Your estate agent licence and dealer card will be sent to you by the Economic Department two to three days after you apply. It’s only good to be a real estate agent for one year in Dubai. You have to renew it one month before it runs out.
That closes up our Real Estate License Dubai guide. We hope you found it to be as useful as we have intended it to be. Here are our final thoughts at a glance. In Dubai, getting a real estate license is a must for anyone who wants to work in the real estate market. Additionally, keeping up with the renewal process and any changes to the rules will help you stay in line and keep doing business well in the market. You can easily start your career in Dubai’s real estate market by following the tips in this detailed guide. You will be able to contribute to and gain from one of the world’s most active property markets. Remember that the best way to do well in this difficult field is to work hard, keep learning, and follow the rules. For more, head over to Property Finder. For instance, you might like to read about Al Satwa Dubai.
