How to set up a real estate brokerage company in Dubai

  • Date: 19-Aug-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

How to set up a real estate brokerage company in Dubai

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 for buyers compared to any other metropolitan city.

The real estate business in the UAE has changed drastically and shifted its focus to the long-term investment option. As residential and off-properties gain equal traction in the current market, it would tend to increase apace in the upcoming years of the succession of visa waivers in the country.

The regulations that came into effect in 2022