Brokerage In Dubai

Brokerage In Dubai

Buying or selling property in Dubai alone can feel like navigating a maze without a map. With a complex mix of laws, regulations, fees and paperwork spanning developers, brokers, and government agencies, even the savviest investors can find themselves lost.

But what if you had an expert guide leading you each step of the way, someone who is thoroughly familiar with the ins and outs of Dubai’s property landscape? This strategic advisor is a real estate brokerage who can get you the best deal while avoiding costly mistakes.

Table of Contents

How can a brokerage help in the property buying and selling process?

A brokerage can play a crucial role in the property buying and selling process. Here’s a step-by-step guide to how a brokerage can help:

  1. Valuing the Property

The brokerage can help value the property and determine a fair selling price.

  1. Preparing the Sales Listing

This involves interviewing the seller, preparing the property, and promoting the property. A brokerage can assist in organising and managing key information about the properties being sold and the clients involved.

  1. Negotiation Process

Brokers can help navigate the negotiation process and ensure that the necessary financial arrangements, such as mortgage pre-approval, are in place before proceeding with a potential buyer.

  1. Listing the Property for Sale or Finding a Property

The selling agent can list a property for sale, while the buying agent can help find the perfect property for the buyer.

  1. Commission Distribution

The brokerage is involved in the commission distribution between the buying and selling brokerages, agents, and other team members.

  1. Closing the Transaction

Brokers can assist in negotiating closing costs and ensuring a smooth closing process for both the buyer and the seller.

Buyer and seller sign the sales and purchase agreement, where all the terms and conditions of the deal are mentioned: the purchase price, additional expenses (agency fee, transfer fee at the DLD, developer’s fee, service charge refund, etc.), the transfer date of the deal at the DLD, terms of payment and clearly-defined responsibilities and penalties for both parties in case they fail to uphold the conditions set out in the agreement.

On signing the agreement, the buyer pays the deposit. This is usually 10% of the purchase price. The seller applies for a no-objection certificate (NOC) from the developer to sell the property. The NOC is required for the transfer process at the DLD.

Once the NOC is ready, the buyer and seller can transfer and register the property in the buyer’s name. Usually, payments need to be made at the time of registration.

If buying a property directly from the developer, the SPA is signed. The Sales Purchase Agreement, or SPA, is an important document you sign with the developer with all the agreed terms and conditions of the sale transaction.

The right brokerage can steer your Dubai property transaction to success through market expertise, regulatory knowledge, and robust professional networks. Assessing brokerages based on these key considerations will give you confidence that you are in good hands.

The Role Of A Broker In Dubai

To gather the required information from the seller/landlord, for example:

  • Landlord’s / Client’s Detail
  • Type of Property Available or Required
  • Purpose Sell/Rent
  • Location 
  • Project Name 
  • Land Size 
  • Bedrooms 
  • Balcony 
  • Parking 
  • Private Garden Back/Front
  • View
  • Amenities and features
  • Nearby Attractions
  • Furnished/unfurnished

Collecting the necessary Documents

  • Owner’s Passport
  • Emirates ID 
  • Title Deed
  • Oqood
  • N.O.C

Collecting property photos based on the number of rooms

  • Studio (5 to 8 photos)
  • 1 to 2 bedrooms (8 to 10 photos)
  • 3 to 5+ Bedrooms (11 to 15 photos)

The broker ensures high-quality images are added to the property listings. Photos shouldn’t have people or toilet seats up; they must be high resolution and in landscape mode. 

You can view all relevant documents required by the Dubai Land Department here.

What Assistance Brokers Provide to Sellers in Dubai?

With Dubai’s fast-paced, highly speculative property landscape, leveraging an expert brokerage can make or break a seller’s ability to secure the best deal. Key benefits a broker provides include

  •  Guiding pricing strategy through data-backed valuation models and insight into market movements and demand drivers. This optimal pricing maximises seller returns.
  •  Facilitating access to qualified buyers from the brokerage’s extensive domestic and international investor network.
  •  Managing aspects like marketing, viewings, negotiations, documentation, and mortgage processing for a smooth end-to-end sales process.
  •  Advising on ownership structures, power of attorney setups, and account openings is critical for expatriate and overseas sellers.
  •  Ensuring compliance with all RERA guidelines, legal formalities, and post-sale asset management requirements.
  •  Providing advice on using sales proceeds for future repatriation or reinvestment in optimal Dubai assets based on seller priorities.

The right brokerage combines market mastery, regulatory expertise, and client relationships – prerequisites for successfully monetising property assets in Dubai.

How A Broker Can Help Sellers In Dubai in Sales Transactions?

A trusted brokerage guides buyers through Dubai’s complex property search, transaction, and ownership transfer process – ensuring a smooth experience. Services include:

  • Finance lease amendment application 
  • Gift registration application 
  • Mortgage amendment application 
  • Mortgage registration application 
  • Mortgage release application 
  • Mortgage transfer application 
  • Registration of a property sold by auction application 
  • Finance lease registration application 
  • Lease To Own Registration Application 
  • Power of Attorney cancellation notarization application 
  • Registration of the sale of a mortgaged property (registering a property for sale) application 
  • Sale registration application 
  • Finance lease release application 
  • Finance lease transfer application 
  • Lease To Own amendment application 
  • Lease To Own transfer application 
  • Lease To Own release application 
  • Usufruct right amendment application 
  • Usufruct/Musataha right registration application 
  • Usufruct right termination application 
  • Permit to sell real estate by public auction for companies’ application 
  • Company registration application 
  • Registration of real estate fund companies in the register of privileges 
  • Grant property mortgage 
  • Sale procedure (heirs) 
  • Company shares sale 

How Does A Broker Help Landlords Find Tenants?

Brokers assist landlords in securing reliable, long-term tenants in several key ways:

  • Market Listings – Brokers list landlord properties on industry listing sites like Bayut and Property Finder to expand visibility among tenant searches. This wider exposure draws more leads.
  • Screening – Brokers handle tenant inquiries, vet profiles, check previous rental history, and assess affordability. This screening filters out unqualified prospects before they view units.
  • Showings – Brokers schedule, handle, and follow up on unit viewings to ensure landlord time isn’t wasted. They showcase properties in the best light.
  • Applications – Brokers collect and prepare tenant applications encompassing key details like employment letters, visa copies and previous rent checks.
  • Negotiations – Brokers negotiate rental rates, payment timelines, contract terms, maintenance obligations and other details on the landlord’s behalf.

In sum, brokers tap their networks, resources and expertise so landlords can efficiently identify reliable, long-term tenants for their units. The time and effort saved make broker fees well worth the investment for most landlords.

How to choose the right real estate brokerage in Dubai?

With hundreds of real estate brokerages in Dubai, knowing where to start your search can be overwhelming. The key is identifying a few key factors that indicate an agency’s level of professionalism, market knowledge, and ability to meet your buying or selling needs.

  •  Look for an established brokerage with experience facilitating property deals in Dubai. This indicates their understanding of market conditions and relevant laws.
  • Seeking the expertise of a local area specialist is advisable for locating property in your preferred area.
  •  Opt for an agency with international reach and networks if you require support connecting with overseas investors or developers.
  •  Brokerages specialising in specific property types, like luxury villas or off-plan builds, can provide targeted, insightful advice.
  •  Check credentials like registered broker status and membership in reputed industry associations as markers of a brokerage’s standards.
  •  Look for hands-on, consistent agent-client relationships rather than dealing with many fragmented representatives.
  •  See if the brokerage has in-house mortgage, legal, and property management support for a smoother end-to-end process.

What Are The Regulations For Real Estate Brokers?

Operating as a licensed real estate broker in Dubai requires adherence to guidelines set out by the Emirates Real Estate Regulatory Agency (RERA) and broader UAE federal laws. Key regulations cover:

  •  Licensure – All brokers must hold a valid real estate licence from RERA to conduct property transactions or manage properties. Licence renewal is required annually.
  •  Audits – RERA conducts routine audits of agencies to ensure compliance with advertising, brokerage, and property management rules. Fines apply for violations.
  •  Escrow – Brokerages must hold buyers’ payments in designated escrow accounts until transactions are registered with the Dubai Land Department. This protects buyer funds.
  •  Disputes – RERA manages broker-client dispute resolution through a real estate arbitration process. Brokers are expected to engage constructively if issues arise.
  •  Commissions – Maximum brokerage commission rates are set by RERA and detailed in listing agreements signed with clients. This aims to protect seller interests.
  •  Advertising – Marketing material must be transparent and truthful, and brokerage fees must be outlined clearly. False or misleading information can warrant penalties.

In 2023, there were more than 12,000 real estate agents in Dubai. Keeping up to date with RERA statutes, following ethical best practices, and employing qualified brokers are key for agencies. This ensures full compliance and positive client relationships. 

The real estate industry continues to be an important pillar of the United Arab Emirates’ economic diversification. In 2023, the UAE’s GDP was forecasted to grow by 2.8%, with the non-hydrocarbon sector, which includes real estate, estimated to record a growth rate of 4.2%. This indicates the significant contribution of the real estate sector to the UAE’s economy.

What legal obligations must property agents in Dubai fulfill?

In Dubai, property agents must follow certain legal requirements set by the 2006 Law No. 85 on real estate broker regulation. These include:

  • Obtaining a valid trade licence from the Dubai Department of Economic Development.
  • The brokerage company and its agents must be registered with the Real Estate Regulatory Agency (RERA). Upon registration, the agency receives an Office Registration Number (ORN), and each agent gets a Broker Registration Number (BRN).
  • All agents working for a brokerage must have a certificate from the Dubai Real Estate Institute (DREI) and pass a professional exam conducted by the RERA.
  • Brokers are required to adhere to a Code of Ethics set out by the RERA.

Why Is It Crucial To Work With A Registered Agent In Dubai? 

Dubai’s property market is diverse and complex, especially for newcomers. It’s hard to pinpoint responsibility in property transactions if issues arise.

Registered real estate agencies serve as middlemen between buyers and sellers, providing clear accountability. This clarity is essential as not all agents in Dubai are registered. Homebuyers and tenants should ensure they deal only with registered agents to protect their investments.

These agencies have a moral duty to negotiate deals beneficial to both parties. For instance, they handle deposits from buyers, holding them until the seller is paid. This arrangement ensures that buyers get their deposit back if the deal falls through due to the seller, and sellers receive compensation if th

List of Best Brokerage in Dubai

With over 21,501 active brokerages in Dubai, the emirate is home to some of the Middle East’s most prominent and innovative property agencies catering to luxury buyers, expatriate investors, and major developers. To help identify market leaders in this competitive landscape, we have compiled the following list of elite brokerages based on industry awards, transaction volumes, online ratings, years in business and market dominance of specialised property sectors.

  1. Khalaf Bin Saeed Alotaiba Real Estate Brokers
  2. E-Home For Real Estate Buying & Selling Brokerage
  3. Jnana Real Estate Brokerage
  4. Majid Sultan Real Estate Brokerage
  5. Marbill Tower Real Estate Buying & Selling Brokerage
  6. Al Rasikhon Real Estate Brokers
  7. Aqar Real Estate Broker
  8. Humaid Al Nuaimi Realstate Broker
  9. Space Star Property Broker
  10. Space Star Property Broker
  11. Royal House Real Estate Brokers
  12. Dynamic Real Estate Broker L.L.C
  13. The Real Estate Broker
  14. T.P.S. Real Estate Brokers
  15. Grand Home Real Estate Broker
  16. Al Asala Real Estate Broker
  17. Global Gate Real Estate Broker
  18. Grand Home Real Estate Broker
  19. Direct Solutions Real Estate Broker
  20. Coast Sea Real Estate Broker
  21. Alamo Real Estate Broker
  22. Remington Properties Brokers
  23. Kalkar Real Estate Broker
  24. Bizlink Real Estate Broker
  25. W Capital Real Estate Broker
  26. Ace International Real Estate Brokers
  27. Future Horizon Real Estate Broker
  28. Open Source Real Estate Broker (L.L.C)
  29. Midline Real Estate Broker
  30. Ever Shine Real Estate Brokers (L.L.C)
  31. I Bacom Broker Real Estate
  32. Pamir Property Brokerage
  33. Alich Real Estate Broker (L. L. C)
  34. Destiny Real Estate Broker
  35. Richland Real Estate Brokers
  36. Sun And Sand Real Estate Broker L.L.C
  37. Al Maymana Real Estate Brokers L.L.C
  38. International Real Estate Brokerage
  39. Vision Avenue Homes Real Estate Brokers (L.L.C)
  40. Ridgewood For Real Estate Buying & Selling Brokerage L.L.C
  41. Leonardo Real Estate Broker
  42. L . Y . M Real Estate Brokers(L.L.C)
  43. Fairfield Real Estate Broker (L.L.C)
  44. Sara Real Estate Brokerage
  45. Real Heights Real Estate Broker
  46. Revolution Real Estate Broker
  47. Key Point Real Estate Broker
  48. Monaco Real Estate Brokers L.L.C
  49. Essence Of Arabia Real Estate Broker (L.L.C)
  50. Cubic Real Estate Brokers
  51. Samimi Real Estate Brokers L.L.C
  52. Sites Real Estate Brokers
  53. Wood Bridge Real Estate Brokers
  54. Al Kawthar Kingdom Real Estate Brokers
  55. Cosmos Star Real Estate Broker


Typical Dubai property sale commissions range from 2% to 5% for a residential property. The commission is calculated as a percentage of the selling price. However, the commission also depends on factors like property type, transaction complexity, and exclusivity agreements.

Property TypeCommission on Purchase Transaction
Residential2% to 5% of selling price
Commercial5% to 10% of selling price

If more than one broker is involved in a transaction, the commission can be split between the brokers. The split is negotiable based on mutual understanding

The standard rental commissions earned by Dubai brokers are 5% of annual rent for residential units and 10% for commercial assets, deducted from landlord proceeds.

Using a regulated real estate brokerage in Dubai is highly advisable but not legally mandatory. Brokers have insider knowledge and facilitate key processes.

If you want to save money, you don’t need to hire a broker. Alternatively, the Dubai Land Department authorises trustee offices to transfer the property. They can also provide the necessary information about buying and selling property. 

While commission rates are relatively fixed, some aspects, like payment timelines, exclusivity periods, and marketing commitments, can be negotiated. You shouldn’t negotiate the commission with the agent if you want the agent to find the best deals for you. Otherwise, he can offer the best deals to others, offering a better commission.

The buyer always pays the commission to the brokers. The owner is only concerned about the net price received. Even if the seller pays the commission, he always charges the buyer for the commission. For example, if the seller wants to sell his property for the net price of AED 10,000,000, and the commission is 5%, the final property price would be AED 10,500,000. 

Opt for brokerages registered with RERA that specialise in your property sector of interest and have 5+ years of operating history. Check online reviews.

No, Dubai regulations prohibit dual representation to avoid conflicts of interest. Separate buyer and seller brokers must be appointed.

In the United Arab Emirates, there are no property or income taxes. However, you must pay annual maintenance fees and service charges as a property owner. These payments go to the management company selected by the owners’ association. You usually pay these fees one to four times a year, and they typically range from AED 10 to AED 30 per square foot. The exact cost depends on the specific project and the services included.

Freehold property refers to the type of property purchase where the buyer owns the plot and the unit. They are the landowners and have the title deed under his name. 

An heir can inherit a freehold property from the title deed holder. The owner of a freehold property is entitled to lease, occupy, or sell the property. The owner can use the property for any purpose as long as it is per the local rules and regulations. 

Freehold properties were introduced here to encourage foreign investment in Dubai. The most popular freehold areas for expats to purchase property include Dubai Marina, Emirates Hills, Al Barsha, and Palm Jumeirah.

Yes, a broker can help you buy a freehold property. Brokers can assist in various stages of the property buying process, including finding the perfect property for the buyer, negotiating the purchase price, and ensuring a smooth closing process for both the buyer and the seller.

Freehold means complete property ownership by the buyer, who will have his name on the title deed. At the same time, leasehold refers to having the property on lease for more than ten years and up to 99 years. It cannot be bought completely.

Oqood refers to contracts in Arabic and is an online service by Emirates Real Estate Solutions for developers. It helps with the property registration process between the developers and buyers.

A broker can help with Oqood by assisting in the contract registration process, managing off-plan properties, and creating sales registration receipts.

Additionally, brokers can help buyers and developers navigate the Oqood system, ensuring complete transparency of the registration fee structure and protecting the rights of all stakeholders.

An off-plan property is a property whose construction is yet to begin or is in its preliminary stages.

You can hire a broker to help you find and buy an off-plan property. Brokers can assist in the search for the best property options, provide insights into the real estate market, and navigate the entire transaction process, from searching for the best offers from developers to negotiating prices.

DLD is the abbreviation for Dubai Land Department. The government’s regulatory body deals with all property- and real estate-related legislation, organisations, and services for any real estate transactions in Dubai.

A broker can help you get a DLD (Dubai Land Department) waiver. Developers often offer waivers of DLD registration fees, and brokers can assist in identifying properties where this waiver is available and navigating the process of obtaining the waiver from the developer. A DLD Waiver is the waiver of the DLD fee levied on property purchases.

The DLD Fee is 4% of the property value and is payable by the buyer. Ergo, a DLD Waiver means the buyer does not pay this fee, and the developer pays it instead.

Yes, a broker has to be licensed by RERA (Real Estate Regulatory Agency) to operate in Dubai. Brokers not licensed by RERA are subject to penalties, including fines and cancellation of their registration from RERA records.

RERA stands for Real Estate Regulatory Agency and is part of the DLD that takes care of the regulations in the real estate industry in Dubai. It handles the relationships between all parties of a contract and organises the exchange process of the properties.

After ensuring all necessary documents are prepared, registering a real estate sale and obtaining the ownership certificate typically takes 30 minutes.

Property buyers or owners can appoint someone as their legal representative using a power of attorney (POA). This representative can manage the property, including selling, mortgaging, or gifting it, as specified in the POA. The POA is typically valid for two years for these purposes. However, if it’s used for buying a property, it remains valid for five years from the date it is officially notarised.

Yes, you can hire a broker to help you buy an off-plan property in Dubai. Brokers can assist in the search for the best property options, provide insights into the real estate market, and navigate the entire transaction process, from searching for the best offers from developers to negotiating prices.

A broker can assist in obtaining a UAE investor visa. Individuals who invest in property worth AED 1 million or more become eligible for this visa. Most brokers can offer advice on the process of acquiring an investor visa.

The United Arab Emirates is a tax-less country, so no taxes on property or any income are generated. 

The property owner is responsible for the annual maintenance fee and service charge payments, which must be made to the management company hired by the owner’s association. 

Payments are made between one and four times yearly at an average price of AED10- AED30 per sq. ft, depending on the project and services included.

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