Dubai is considered one of the most important real estate destinations in the world, as it witnesses clear growth in the real estate sector and attracts investors and buyers from all over the world. If you want to establish a real estate company in Dubai, collaborating with Itqan Business Advice and Services can help you achieve your success in this dynamic field.

Establishing a real estate company in Dubai requires experience and strong knowledge of the local market and the required legal procedures. Itqan Company has in-depth knowledge of the real estate sector in Dubai and provides specialized services to new real estate companies. Its specialized team provides advice and support in all aspects of establishing the company, from choosing the appropriate legal structure and developing strategies to implementing plans and marketing.

In addition, Itqan Company provides powerful assistance services in real estate marketing and promoting your real estate projects. By leveraging their unique experience and advanced market analysis, they can guide you towards effective ways to attract potential investors and clients and achieve the best value for your properties.

Itqan can also help you follow up on real estate laws and legislation in Dubai to ensure full compliance and avoid potential legal problems. Its legal team provides important legal advice and prepares the necessary documents for buying, selling, leasing, etc.

In short, establishing a real estate company in Dubai requires specialized experience and knowledge, and cooperating with Itqan can contribute to your success in this dynamic sector. By providing comprehensive support and expert advice, you will be able to capitalize on Dubai\\\’s real estate growth opportunities and achieve sustainable success in its thriving real estate market.

Basic steps to establish a real estate company in Dubai

Establishing a company in Dubai requires following a number of basic steps. Here are the main steps to establish a real estate company in Dubai:

• Develop a business plan: Prepare a detailed business plan that includes the company’s vision, goals, marketing strategies, competition analysis, budget estimate, and other important details.
• Choosing the legal type of company: Select the appropriate legal type for your real estate company, such as a local company, limited company, or joint stock company, according to your needs and requirements.
• Choosing a Business Name: Select a unique and appropriate name for your real estate company that complies with the laws and guidelines of the Department of Economic Development in Dubai.
• Company establishment: Submit an application to establish the company to the Dubai Department of Economic Development and complete all required papers and documents, such as legal forms, agreements, certificates and powers of attorney.
• Obtaining the necessary licenses: Apply for the necessary real estate licenses, such as a real estate development license or a real estate management license, according to the type of real estate activity you wish to practice.
• Determine the main location: Select a suitable location for your real estate company’s headquarters in Dubai and ensure compliance with all legal and regulatory requirements in terms of space, design and safety.
• Hire a company manager and staff: Hire a qualified manager and a professional team to help you manage and operate your real estate company effectively.
• Registration with government agencies: Register your real estate company with the relevant government agencies, such as the Department of Economic Development and the Dubai Real Estate Authority, and complete all required legal and regulatory procedures.
• Securing visas and residency: You may need to secure visas and residency for foreign employees whose presence in Dubai is confirmed, through cooperation with the competent immigration and passport authorities.
• Registration with professional bodies: Check the requirements of applicable professional bodies in the Dubai real estate sector and register your company and team with these bodies if required.
• Networking: Build a strong network in the Dubai real estate industry by attending relevant conferences, exhibitions and professional events and networking with stakeholders and potential clients.
• Marketing and Advertising: Develop an effective marketing strategy for your real estate company and use appropriate advertising methods to promote your services and attract customers.

These are some of the basic steps for setting up a company in Dubai . You should also check current laws and regulations and consult with Itqan to ensure full compliance with local legal and regulatory requirements.

Documents required to establish a company in Dubai

To establish a company in Dubai, the documents required usually vary slightly depending on the type of company and the real estate activity you wish to engage in. However, there is a general list of documents you may need:

• Copy of Passport: A certified copy of the passport must be provided to all shareholders and directors who will participate in the company.
  Company incorporation application form: The company incorporation application form must be filled out and signed by the shareholders and directors.
• Memorandum and Articles of Association: The memorandum and articles of association of the company must be prepared and signed by the shareholders and directors. You may need the assistance of an attorney to prepare these documents.
• Business Directory: You may be asked to provide a copy of a business directory that outlines the main activities that the company will undertake in the real estate sector.
• Address confirmation document: A document confirming the address where the company will be located must be submitted.
• Letter of acceptance from the bank: You must obtain a letter of acceptance from the bank indicating the opening of a bank account in the name of the company.
  Certificate of educational qualifications: Managers and shareholders may be required to provide certificates of educational qualifications related to the real estate field.
• Power of Attorney: Shareholders may need to provide a power of attorney to the person appointed to represent them in company incorporation proceedings.
• Other legal papers: You may need to submit additional legal papers as needed, such as a partnership agreement or lease agreement if the company will consider these options.

You should contact the Dubai Department of Economic Development or the relevant authority to obtain a detailed and updated list of documents required to establish a company in Dubai based on your situation and the specific company activity.

Types of real estate licenses available in Dubai

In Dubai, there are several types of real estate licenses available to real estate companies. These licenses are provided by the Dubai Economic Development Department (DED) and its affiliates. Here are some common types of real estate licenses in Dubai:

• Real Estate Broker License: Allows the company to engage in real estate brokerage activities, including buying, selling, and renting real estate on behalf of clients.
• Limited Real Estate Broker License: Allows the company to practice real estate brokerage activity in a specific category or for a limited number of real estate projects.
• Real Estate Investment License: Allows the company to invest in real estate, including buying, selling, and renting real estate with the aim of achieving financial returns.
• Real Estate Management License: Allows the company to manage and maintain properties on behalf of landlords, including collecting rents, maintaining properties, and providing public services.
• Real Estate Developer License: Allows the company to develop real estate projects, including construction, marketing, sales, and delivery to buyers.
• Auction Broker License: Allows the company to organize real estate auction mediation and market properties for sale through public auction.

Remember that these are just some of the common types of real estate licenses in Dubai, and there may be other types that require additional permits or licenses depending on the real estate activity you wish to engage in. It is recommended to contact the Dubai Department of Economic Development to obtain more detailed information and determine the appropriate license for your real estate company’s specific needs.

Benefits of establishing a company in Dubai

Establishing a company in Dubai can provide many benefits and opportunities. Here are some key benefits:

• Active real estate market: Dubai is a thriving and developing real estate destination, with strong demand for real estate from local and international investors. Establishing a real estate company in this active market can provide great opportunities for success and growth.
• Strategic location: Dubai occupies an excellent strategic location between east and west, and is considered a major center for business, trade and tourism. The real estate company in Dubai provides an opportunity to benefit from this distinguished location and deal with international clients and investors.
• Favorable legislative environment: Dubai has a favorable legislative and legal environment for the real estate sector, with ease in establishing companies and organizing businesses. Regulatory and government agencies provide support and flexibility in establishment and operating procedures.
• Diversity of properties: Dubai has a diverse range of properties, ranging from residential apartments and luxury villas to commercial offices, residential buildings and luxury hotels. Establishing a real estate company in Dubai can give you the opportunity to meet the needs of different clients and investors.
• Partnership and cooperation opportunities: You can establish a real estate company in Dubai and benefit from partnership and cooperation opportunities with local and international real estate companies. This can provide you with a strong network of relationships and multiple business opportunities.
• Stability and security: Dubai enjoys economic stability and political security, which enhances investor confidence and makes it a preferred destination for real estate investments. Establishing a real estate company in this stable environment can provide you with confidence and sustainability in the business.

Establishing a company in Dubai allows you to benefit from the active and developing real estate market in the region and provides opportunities such as searching for real estate licenses in Dubai, I did not find updated information after my knowledge cutter date of September 2021. It is recommended to check updated official sources such as the Dubai Department of Economic Development (DED) DED) or relevant authorities to obtain more updated information about the types of real estate licenses available in Dubai.

Our company\\\’s role in establishing a real estate company in Dubai

Establishing a real estate company in Dubai in cooperation with Itqan Company represents an exciting opportunity to benefit from the active and developing real estate market in the region. Dubai is one of the most prominent real estate destinations in the world, witnessing rapid growth and sustainable development in the real estate sector.

In cooperation with Itqan Company, you will be able to benefit from its extensive experience and knowledge in the real estate industry, giving you the confidence and ability to achieve success in this competitive field. Itqan will provide you with support and guidance in all aspects of establishing the company, from preparing the necessary documents to providing strategic guidance to achieve your goals.

Establishing a real estate company requires good planning and a strong strategy. You should study the local market and analyze potential opportunities and challenges. Through Itqan Company, you will have access to current information and important market analyzes that will help you make the right decisions and achieve sustainable success.

Moreover, you will be able to benefit from Itqan\\\’s network of relationships in the real estate industry, providing you with opportunities for cooperation and potential partnerships with local and international companies. You will receive strong marketing support and strategic guidance to succeed in promoting and marketing your real estate projects.

In short, establishing a real estate company in Dubai in cooperation with Itqan Company is an exciting opportunity to take advantage of the active real estate market in the emirate. You will receive support and guidance from the company\\\’s experts in all aspects of the real estate business, giving you confidence and successful opportunities in this thriving field.

Frequently asked questions about establishing a real estate company in Dubai