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Real Estate Business License - Dubai - 100% Foreign Ownership

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Service Description
License Activity - Real estate Buying & Selling Brokerage
Activity Description - Includes firms mainly engaged in mediation between the seller and the buyer in order to complete real estate transactions and sales, whether finished or off-plan properties before the completion of the project, provided that these projects are registered with the Real Estate Regulatory Agency and have an approved escrow account, among the roles of the broker is the marketing and promotion of the properties through unified contracts and agreements approved by the Real Estate Regulatory Agency,
Issuing Authority - Dubai Mainland (Dubai DET)
License Type - Professional
Real Estate Business License - Dubai - 100% Foreign Ownership
Required Documents
  1. Police Clearance Certificate for the applicant
License Cost approx - LLC license
AED 12,500/Service
Additional Activity cost for activity Real estate Buying & Selling Brokerage
AED 5,000/Service
Immigration Card
AED 580/Service
Marketing Fees - 5% of Office rent to be paid to the licensing department
Included
ORN Certificate
AED 500/Service
Service Fees
AED 5,000/Service
Trade Name Registration
AED 680/Service
Initial Approval
AED 120/Service
Residence Visa - Investor Visa
AED 3,500/Visa
Residence Visa - Employment Visa
AED 5,500/Visa
Broker Card
AED 2,120/Broker card
Foreign Trade Name (Non Arabic company name)
AED 2,000/Optional
Number Of Shareholders
AED 1,250/Shareholders
Total Amount :
AED 24380
Other Permit Required throughout the Journey
OTHER ACTIVITIES CAN BE MERGED Additional  cost to add activity
Leasing Property Brokerage Agents

Includes the firms which work as a connection link between landlords and tenants regarding property lease against remuneration, their role will end up when said parties reach an agreement.		 5,000
Buying and selling of real estate

Includes firms engaged in buying and selling real estate, such as residential and non-residential buildings and land, such firms are not allowed to practice the activity no.6499004 " Real Estate Development		 5,000
Leasing and Management of other people's property

Includes firms engaged in managing commercial, residential, industrial buildings through contracting with the owner in order to re-lease on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage		 15,000
Leasing & Management of Self- Owned Property

Includes firms engaged in managing commercial, residential, industrial buildings owned by the owner and his first and second- degree relatives, also, handling contractual arrangements with the firms in-charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice real estate Brokerage.		 5,000
Real Estate Valuation Services

This includes the appraisal and assessing the value of fixed property such as plots of land and building for various reasons at the request of specialized surveyors or by official authorities.		 10,000
Real Estate Management Supervision Services

Includes firms specialized in managing and supervising properties as regarding contracting with the firms in charge of maintenance, cleaning and security services, handling the administrative issues for the property's owner, coordinate with lease brokers to find tenants for vacant units in the building, these firms are not allowed to practice selling, leasing or releasing properties		 5,000
Real Estate Training Institute

Includes firms specialized in offering training to professional to acquire knowledge in real estate as regarding , property selling and renting brokerage , appraisal , mortgage and development.		 5,000
Activity Office requirements Authority Approvals Required Before License/After License Approx Cost for approval
Leasing Property Brokerage Agents

Includes the firms which work as a connection link between landlords and tenants regarding property lease against remuneration, their role will end up when said parties reach an agreement.		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Buying and selling of real estate

Includes firms engaged in buying and selling real estate, such as residential and non-residential buildings and land, such firms are not allowed to practice the activity no.6499004 " Real Estate Development		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Leasing and Management of other people's property

Includes firms engaged in managing commercial, residential, industrial buildings through contracting with the owner in order to re-lease on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Leasing & Management of Self- Owned Property

Includes firms engaged in managing commercial, residential, industrial buildings owned by the owner and his first and second- degree relatives, also, handling contractual arrangements with the firms in-charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice real estate Brokerage.		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Real Estate Valuation Services

This includes the appraisal and assessing the value of fixed property such as plots of land and building for various reasons at the request of specialized surveyors or by official authorities.		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Real Estate Management Supervision Services

Includes firms specialized in managing and supervising properties as regarding contracting with the firms in charge of maintenance, cleaning and security services, handling the administrative issues for the property's owner, coordinate with lease brokers to find tenants for vacant units in the building, these firms are not allowed to practice selling, leasing or releasing properties		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Real Estate Training Institute

Includes firms specialized in offering training to professional to acquire knowledge in real estate as regarding , property selling and renting brokerage , appraisal , mortgage and development.		 Physical office of min 25Sqm is required Real Estate Regulatory Authority (RERA) Befor license is issued. AED 0
USD 0
Activity Ownership Details
Leasing Property Brokerage Agents

Includes the firms which work as a connection link between landlords and tenants regarding property lease against remuneration, their role will end up when said parties reach an agreement.		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Buying and selling of real estate

Includes firms engaged in buying and selling real estate, such as residential and non-residential buildings and land, such firms are not allowed to practice the activity no.6499004 " Real Estate Development		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Leasing and Management of other people's property

Includes firms engaged in managing commercial, residential, and industrial buildings through contracting with the owner in order to release on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security, and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Leasing & Management of Self- Owned Property

Includes firms engaged in managing commercial, residential, and industrial buildings owned by the owner and his first and second-degree relatives, also, handling contractual arrangements with the firms in charge of maintenance, security, and as well as issuing tenants contracts, such firms are not allowed to practice real estate Brokerage.		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Real Estate Valuation Services

This includes the appraisal and assessing the value of fixed property such as plots of land and building for various reasons at the request of specialized surveyors or by official authorities.		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Real Estate Management Supervision Services

Includes firms specialized in managing and supervising properties as regarding contracting with the firms in charge of maintenance, cleaning and security services, handling the administrative issues for the property's owner, coordinate with lease brokers to find tenants for vacant units in the building, these firms are not allowed to practice selling, leasing or releasing properties		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Real Estate Training Institute

Includes firms specialized in offering training to professionals to acquire knowledge in real estate regarding property selling and renting brokerage, appraisal, mortgage, and development.		 LLC license with 100% foreign ownership allowed.
or
A professional license with a Local agent is allowed.
or
Bracnch Company
Type of company structure Document Compliance
LLC Colour passport copy of shareholders, general manager, director (if applicable) Passport should be valid for next 6 months
  Emirates ID copy of Shareholders, General manager (if applicable) If a residence visa holder
  Visa copy / entry stamp of shareholders, general manager and director (if applicable) If a residence visa holder
  Original No Objection Certificate for Shareholder(s) / General Manager (if UAE resident) If a residence visa holder
     
Branch Company Attested parent company documents
Valid License
Memorandum
Share Certificate		 Attested from UAE Embassy in parent Country.(If Parent company is outside the UAE)
Attested from MOFA UAE.
  Colour passport copy of shareholders, general manager, director (if applicable) Passport should be valid for next 6 months
  Emirates ID copy of Shareholders, General manager (if applicable) If a residence visa holder
  Visa copy / entry stamp of shareholders, general manager and director (if applicable) If a residence visa holder
  Original No Objection Certificate for Shareholder(s) / General Manager (if UAE resident) If a residence visa holder
     
Broker Card Colour passport copy of the applicant Passport should be valid for next 6 months
  Emirates ID copy of of the applicant  
  Visa copy / entry stamp of the applicant Residence visa or the employment contract should be from the same company.
  Police Clearance Certificate for the applicant Not older than 3 months
Main Task Sub Tasks Time period in days
License Initial Approval, Trade name registration Day 1
  EJARI (Office lease) Day1
  License Issue Day 2
  Immigration Card registration Day 3
  Obtain ORN certificate from RERA 2-4 Days
     
Investor Visa Entry Permit 1
  Status Change 1
  Medical fitness 2
  Emirates ID (If applying for first time, it will take 8-10 days) 1
  Visa stamping 1
     
Broker Card Police clearance certificate 1-2 days
  RERA Broker card examination 1-2 days
  Broker card 1-2 days
     
     
Labour File opening & Visa Quota (This is mandatory if applying for employment visa)  E-Signature Card 2
  File opening 2
  Inspection by Ministry LOf Human Resources 1
     
Employment Visa Offer letter 1
  Submit signed contract 1
  Pay Insurance 1
  Entry Permit 1
  Status Change 1
  Medical fitness 2
  Emirates ID (If applying for first time, it will take 8-10 days) 1
  Visa stamping 1
  Final Contract submission 1

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