Real Estate Brokerage License in Dubai
Dubai is famous for its infrastructures which are modern marvels like Burj Khalifa, Emirates towers, Shaikh Zayed Road, Dubai Metro, Atlantis and JBR etc. Recession of 2008 was a severe blow to real estate business as well, but the business shortly recovered and now it is back to its form.
The investors across the globe are now investing in this peaceful country in Real Estate Business, besides buying and selling this is a great opportunity for real estate business formation in Dubai. Before company formation must be decided that it will be Local Liability Company with 51+ percent share holding with local service agent or it will be free zone Company with 100% foreign ownership along with other free zone incentives.
Role of DED
Registration of company in Dubai and its name is done by the Department of economic development. Firstly you have to submit initial documents for approval and on approval again you have to re-submit few more documents along with initial documents for approval, hence once second approval is done investor will get commercial trade license for buying and selling real estate
Role of RERA
Real Estate Regulatory Agency gives mandatory training to the investor if he has bachelor degree from university, the training will be given in the name of Real Estate Certified Practitioner’s training course or else in case of no degree, the investor has to go under Real Estate Executive Diploma program. Visit RERA website and check which type of real estate company license you need to go for and this will be a guide, while we are standing always beside you, in case you need trusted helping hands.
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