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Being A Real Estate Agent In Dubai – The UAE’s real estate market offers many lucrative opportunities. However, these opportunities are not limited to sellers or investors, as the field is full of opportunities for those who want to enter as professionals. This is why so many people choose to become a real estate agent or broker.
A real estate broker plays many roles in their job, from salesperson, analyst and marketer to negotiator and consultant. Even as the real estate market slows down, the demand for a real estate agent remains intact. If you want to become a real estate agent in Dubai, rest assured that this challenging job will come with worthy results.
Being A Real Estate Agent In Dubai
If you have decided to enter the real estate industry as a broker, read here for the basic steps involved in becoming a real estate agent in Dubai.
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You must be 21 years of age or older to become a real estate agent in Dubai and apply for a real estate brokerage license.
If you are not a UAE citizen, the first step to becoming a real estate agent in Dubai is to obtain a valid residency visa and Emirates ID. One of the ways to get a residency visa is to buy a mansion in Dubai or any other property worth AED 1 million.
To become a real estate agent in Dubai, enroll in the RERA Approved Real Estate Broker Certified Training Course at the Dubai Real Estate Institute (DREI). This is a 4-day training course for potential brokers to gain complete knowledge of Dubai’s real estate market, laws and practices.
Classes for this course can be taken online or at the Dubai Department of Land. To apply for this course, you will need to submit a copy of your residency visa and Emirates ID.
The Best Real Estate Agents In Dubai [2023 ]
The next step to becoming a real estate agent in Dubai is to take the RERA registration exam after completing the DREI training. Exam fees vary, as it depends on the final educational certificate you have.
The RERA registration exam will cost AED 3,200 for holders of a bachelor’s degree in any field. While AED 6,300 is the exam fee for those who don’t have bachelor’s or master’s degree.
Once you pass the RERA exam, you must apply for a real estate agent license in Dubai
To start working as a real estate agent in Dubai, you need to have a real estate brokerage license. After completing the DREI training and passing the RERA registration exam, apply for a real estate agent license in Dubai. In addition, a Certificate of Good Conduct must be submitted to the Department of Economics when applying for a brokerage license.
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Within two to three days of your application, the Department of Economy will issue you a real estate agent license in Dubai and a brokerage card.
A real estate agent license in Dubai is valid for one year only. You must renew it one month before the expiration date.
To renew a real estate agent license in Dubai, a re-appearance of the RERA registration exam is required. The test score must be no less than 85%. After completing the RERA exam, you can proceed to renew your license online.
When applying to renew your brokerage license in Dubai, you will have to submit the following documents:
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Also, if you want to cancel your real estate license in Dubai, submit an application in the Trakheesi system (MyLicence). Canceling the license is free.
Here we wrap up our steps on how to become a real estate agent in Dubai. Once you get your real estate agent license in the Emirate, how you advance your career is entirely up to you. The job role is challenging, but the results are, in the long run, very rewarding.
Here are some tips for real estate agents in Dubai to help them make their mark in the industry:
Follow some helpful tips that can make you a successful real estate agent in Dubai in the long run
Real Estate Agents In Dubai
We hope this guide will help you pursue your career as a real estate broker in Dubai. Moreover, if you are new to the city, then in terms of accommodation you can browse through the list of rental apartments in Dubai or villas. You can easily find a property that suits your needs and budget.
Besides, as a real estate agent, you may have to travel several times a day for many different work purposes. You can choose to travel by public transport in Dubai. However, for a more comfortable travel, you can choose to buy a used car in Dubai that suits your budget and needs.
Follow the UAE’s leading real estate blog for more tips on buying and selling real estate, rental laws across the UAE, tenancy agreements, and more. millions of transactions, architects design world famous structures and developers roll out project after project. Being a real estate agent in Dubai is no joke, however, it takes a certain level of passion, commitment and hard work to stand out and make a mark in the real estate market. developing property of this emirate. This week, we were delighted to hear Paul Kelly, CEO of prestigious real estate agency, Allsopp & Allsopp tell about his own journey in the Dubai real estate market and career advice for the real estate industry. Real estate agents in Dubai.
Almost a decade ago, in 2011, Paul moved to the glorious emirate of Dubai, after his good friend Darren Murphy, current Director of Sales and Rentals for Allsopp & Allsopp convinced him that the real estate market was property in this emirate is the ideal place for him. Okay. Tax-free income and a lavish lifestyle were the obvious factors that made Manchester-born Paul take the leap. He started with property management in Dubai Marina and quickly moved into unmatched property in Victory Heights. Faced with the enormous challenge of running the business of Dubai Marina which was always in high demand, taking an area that was then relatively unknown, Paul managed to change the perception of Victory Heights in the company and the market. shared. Soon after, luxury properties in Jumeirah Golf Estates were also added to his portfolio. Since then, there has been no looking back! After taking on various tasks and facing various challenges, Paul became the CEO of Allsopp & Allsopp in 2016. Currently, he supports the Allsopp brothers in running the business. and is a key factor in the continued success of the highly regarded real estate company.
Tips For Real Estate Agents In Dubai: Career Advice By Paul Kelly
According to Paul, the most important factor when it comes to being a real estate agent in Dubai or anywhere else in the world is one’s mental makeup. One needs to have a strong mentality to be a successful real estate agent in Dubai. His professional advice to real estate agents, especially newcomers, is to have the right attitude. Other things can be taught, but staying enthusiastic and optimistic in the face of many challenging situations is a must-have as a real estate agent in Dubai.
One of the biggest challenges for real estate agents is building trust, so Paul’s pro advice is to work on your relationship building skills.
Wanting to learn is also very important. One of the best tips for real estate agents in Dubai is to follow, observe and learn from existing agents. In a company like Allsopp & Allsopp, where everyone, including senior management, has gone through life as a real estate agent, there is a lot of information that needs to be tapped. Become a sponge; observe and learn and absorb all the information you can from your peers and seniors. There is no substitute for learning on the job when it comes to being a top real estate agent in Dubai.
Paul himself has had a hard time building trust as a real estate agent in the city, where the profession is often seen with a certain amount of caution. His best career advice for real estate agents in Dubai is to work hard on such challenges by staying committed to your best. Everything will change in a positive direction. Put your energy into making your clients realize the benefits of using a real estate agent so you can get some valuable recommendations. Use every learning opportunity you can find and always show that you’re open to new challenges. Stepping out of your comfort zone and accepting responsibility sends the right signals about your work ethic. One of Paul’s biggest pieces of advice to real estate agents in Dubai is to develop the ability to deal with new situations. Every day poses a new challenge. Get ready for it!
Real Estate Company In Dubai
As the leading real estate brokerage in Dubai, Allsopp & Allsopp is a family run with its roots in the UK property market. They are one of the most reputable real estate agents in Dubai and have built an stellar reputation as a reliable, innovative, results-driven real estate agent. They offer a wide range of
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