How to set up a real estate brokerage company in Dubai

How to set up a real estate brokerage company in Dubai

Dubai is now emerging as one of the global leaders in the real estate market and generates a higher return on investment (ROI) than other prominent cities in the world

A certified local sponsor/agent is crucial for collaborating in the real estate brokerage business setup. — File photo

By Pratik Rawal/Viewpoint Published: Fri 19 Aug 2022, 4:08 PM Last updated: Fri 19 Aug 2022, 4:09 PM

With world-class infrastructure, technological developments, business investments, and trading opportunities, Dubai is a hotbed for foreign investments. The breathtaking skylines, an excellent infrastructure, world-famous monuments and properties as well as renowned shopping festivals make Dubai an ideal destination for property investors.

Owing to the factors stated above, Dubai is now emerging as one of the global leaders in the real estate market and generates a higher return on investment (ROI) than other prominent cities in the world.

As per the August 2022 report, the real estate market recorded on an average Dh1.4 billion sales transactions in a single day.

The recent introduction of the golden visa scheme for real estate investors and buyers who invest in or purchase property worth Dh2 million has increased the popularity of Dubai properties. The 10-year residence permit stimulates real estate investments, making Dubai ideal