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Getting a Real Estate Consultancy License in Dubai Mainland
Dubai’s real estate market is one of the most dynamic in the world, making it an attractive option for entrepreneurs looking to establish a real estate consultancy. Securing a Dubai Mainland license is essential if you want to operate in this thriving sector, allowing you to tap into a wide market, including local businesses and government contracts.
Steps to Obtain a Real Estate Consultancy License in Dubai Mainland
Step 1: Determine Business Activity
The first step is to clearly define your business activity. For real estate consultancy, you’ll need to ensure your activities align with the legal framework and licensing requirements set by Dubai’s Department of Economic Development (DED).
Step 2: Business Name Reservation
Choose a unique name for your business that complies with DED guidelines. Ensure that the name reflects the nature of your business and does not violate any of the naming conventions outlined by the DED.
Step 3: Legal Structure Selection
Decide on the legal structure for your business. For a real estate consultancy, the common structures are Sole Proprietorship, Civil Company, or Limited Liability Company (LLC). The choice of structure affects liability, ownership, and financial obligations.
Step 4: Initial Approval
Obtain initial approval from the DED. This approval confirms that the authorities have no objections to you setting up your business.
Step 5: Office Space Lease
Secure an office space in Dubai Mainland. The DED requires businesses to have a physical office to operate legally. You’ll need to obtain an Ejari (tenancy contract) as part of your license application.
Step 6: Trade License Application
After securing the office space, submit your trade license application to the DED along with the necessary documents, such as your tenancy contract, initial approval, and other relevant documents.
Step 7: Obtain Additional Approvals
Depending on your business activities, you may need to obtain additional approvals from relevant authorities, such as the Real Estate Regulatory Agency (RERA).
Step 8: License Issuance
Once all approvals are in place, you can pay the licensing fees, after which the DED will issue your real estate consultancy license.
Step 9: Register with RERA
For operating in the real estate sector, it is mandatory to register with RERA and obtain a broker’s card for all your agents.
Why Choose a Dubai Mainland License?
A Dubai Mainland license offers several advantages. It allows you to conduct business across Dubai and the UAE without restrictions on the number of visas you can apply for, giving you access to a broader market. Additionally, you can engage directly with government contracts and offer services to local clients, providing more opportunities for growth.
How Can Choose UAE Help
At Choose UAE, we specialize in helping businesses navigate the complexities of obtaining a Dubai Mainland license. From guiding you through the initial application to ensuring all approvals are secured, our team is here to support you every step of the way. Whether you’re starting fresh or expanding your operations, we make the process seamless, so you can focus on growing your real estate consultancy in Dubai’s thriving market.
What Makes Us Stand Out?
- Trustworthy Reputation
- Individualized Solutions
- All Around Services
- Hassle-free, Fast and Efficient
- Excellence and Professionalism
- Dedicated Support
