How to Become a Real Estate Agent in Dubai: A Step-by-Step Guide for Expats
Are you dreaming of becoming a real estate agent in the bustling metropolis of Dubai? The Dubai real estate market offers exciting opportunities for individuals seeking a career in property sales. However, to embark on this journey, you need to follow a structured process, especially if you're an expatriate. In this comprehensive guide, I'll walk you through the essential steps to kickstart your career as a real estate agent in Dubai.
Step 1 – Obtain a Residency Visa (For Expats)
The initial hurdle for expatriates aspiring to become real estate agents in Dubai is obtaining a residency visa. Unlike some countries where freelancing is common, Dubai mandates that real estate agents must be employed by a registered real estate brokerage to apply for a Broker's Permit. Here's what you need to do:
Search for Job Opportunities
Begin your journey by actively looking for job openings with real estate agencies in Dubai. Platforms like LinkedIn, dubizzle (jobs), Bayt, and company websites often post job listings for real estate agent positions.
Secure a Residency Visa
As an expatriate, you must have a valid residency visa to work as a realtor in Dubai. This visa can be acquired either through your employer (if you've secured a job) or as a spouse sponsored by your partner who is employed in Dubai. If you're under a spousal residency visa, keep in mind that you'll also require a work permit from the real estate agency.
Emirates ID
An essential document for residents of the UAE is the Emirates ID. You'll obtain this once you become a resident. If you're new to the country, familiarize yourself with the uses and benefits of the Emirates ID.
Step 2 – Obtain the Brokers License
After obtaining your UAE residency, the next crucial step is to secure the Real Estate Brokerage Exam, leading to a Brokers License. This license is mandatory for those who intend to sell properties in the secondary market. Agents dealing with off-plan properties or leasing, however, do not require this permit.
Must Read: Explore Pros and Cons of Living in Jumeirah Park
Here's what's involved:
Complete a Four-Day Course
Attend a four-day course offered by the Dubai Real Estate Institute (DREI ). This course, approved by both the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA ), covers essential knowledge of industry laws, regulations, and best practices. The course is available online and costs AED 3,000.
Pass the Exam
After completing the course, you must take the Real Estate Brokerage Exam. The exam assesses your understanding of Dubai's real estate laws and regulations. The fee for this exam is AED 3,200 for bachelor's degree holders and AED 6,300 for non-degree holders.
Obtain a Police Clearance Certificate
To apply for your Dubai Broker license, you'll need a Police Clearance Certificate, which can be obtained from the Dubai Police website. It costs AED 200 and takes approximately two days to process.
Apply for Your Brokers License
Your agency's administrative team will submit your application for a Brokers License on the Trakheesi portal. This application includes the Police Clearance Certificate, proof of course completion at DREI, and proof of passing the exam. Once approved, the Economic Department will issue your broker's license and card. Registered real estate brokerages typically have an account on the DLD site to facilitate this process.
Receive Your Credentials
You will receive your Trakheesi login and Brokers License within one or two days after submitting all required documents. Remember to renew your license one month before the expiry date to avoid penalties.
How to Renew Your Real Estate Agent License in Dubai
Renewing your Brokers License is essential to continue practicing as a real estate agent in Dubai. Follow these steps for a smooth renewal process:
- Visit the Trakheesi Portal: Brokers license renewal services are available on the Trakheesi portal.
- Take the RERA Test: You will need to take a test administered by RERA and score 85% or higher.
- Apply for a Police Clearance Certificate: Obtain a new Police Clearance Certificate.
- Submit Required Documents: Documents required for renewal include a copy of your valid passport with file/residence permit, a personal photo, proof of passing the RERA test, and the renewal fee of AED 510.
Changing Agencies? Here's What You Need to Do:
If you decide to change real estate agencies, you must cancel your current Broker's License and apply for a new one once you receive your new residency visa from the new agency. Remember to provide proof of the cancellation of your previous Brokers License to facilitate the issuance of the new one.
Must Read: How to Renew Tenancy Agreement in Dubai
FAQs About How to Become a Real Estate Agent in Dubai
1. How can I cancel my real estate broker's license?
To cancel your license, submit an application in the Trakheesi system. There are no cancellation charges.
2. Do expats need to complete a certain residency period to obtain the license?
Expats can enroll in the licensing process as soon as they obtain their residency permit. There is no specified period of residency that they have to complete.
3 . What is the minimum age for getting a real estate broker's license?
While you do not require a university degree to apply for the license, you must be at least 21 years old to become a qualified real estate agent in the UAE.
Conclusion
Becoming a licensed real estate agent in Dubai is a structured process that involves obtaining a residency visa, completing a course and exam, and renewing your license as needed. Remember, success in the competitive Dubai real estate market requires continuous learning and personal development. Consider taking advantage of workshops and courses to enhance your skills and stand out in your real estate career. You can explore these opportunities at the Bayut Academy and further accelerate your journey to becoming the best real estate agent possible.