The breathtaking architecture and developments in Dubai can be tempting for many people to join the real estate industry of the city. If you are good at dealing with people and have impressive communication and negotiation skills, joining the real estate sector of Dubai as a realtor might be the best option for you. But the question is, what is the process of getting into this profession? In this blog, we will share some insight into becoming a certified real estate agent in Dubai.
If you are an expat and want to become a real estate agent in Dubai, you should get a residency permit through a real estate agency because, in Dubai, there is no concept of freelance real estate agents. You must become an employee of a registered real estate company to apply for your brokerage license.
You can apply for job opportunities at real estate companies hiring for realtor roles through LinkedIn, company sites, or other online job portals. If you are shortlisted and called for an interview, check about getting a visa. GCC nationals and locals can easily apply for a brokerage licence. However, the expats must have a valid residency visa to apply for a job as a real estate agent in Dubai. You can get a work visa in Dubai from your employer, or if your spouse is already working in Dubai, you can get a sponsored residency visa as well.
However, you should keep in mind that even though you get a spousal residency visa, you must have a work permit from a registered real estate company to work as a realtor. You will also need your Emirates ID to work as a real estate agent, which comes after becoming a resident of the UAE.
Once you receive your UAE residency, you must pass the Real Estate Brokerage Exam to get your brokerage licence, which means you will now have your (BRN) Broker Registration Number. Those looking for properties in Dubai can look you up on DLD’s list of registered agents using your BRN, and your licence number is displayed on your Agent Profile. This licence is compulsory to sell properties in the secondary market. Moreover, agents who work in the leasing or off-plan property market also need this permit.
If you want to take the RERA test to become a certified real estate agent, you can take the DREI Certified Training, in which individuals are taught about the laws, regulations, and best practices required while working in the real estate industry in Dubai. This course is approved by the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA).
After taking the training, you can attempt the exams in which quizzes are given regarding the laws and regulations that govern the Dubai real estate industry. The fee for this exam is AED 3200 for those who have bachelor’s degrees. On the other hand, those individuals who do not have bachelor’s degrees must pay AED 6,300, while applicants with no educational background have to pay AED 15,750 fee. The RERA fee for each of these activities is AED 5,020. After taking the exam, you must get a Police Clearance Certificate to apply for your Broker licence in Dubai. This certificate is available on the official website of Dubai Police and costs AED 200. It takes two working days to process this certificate.
Once you have your Police Clearance Certificate, your agency will apply for your broker licence on the Trakheesi portal. To apply for the broker licence, you will need the following documents.
This will be it, and the Economic Department will issue your broker licence and card. The registered real estate companies have accounts on the DLD website to access the Trakheesi portal and apply on your behalf by using your cleared certificates, your newly received Emirates ID, and your residence visa. After submitting all the required documents at the portal, you will receive your Trakheesi login credentials and Brokers Licence within two working days. Now, you have become a Certified Real Estate Agent in Dubai. One important thing to remember is that you must renew your licence one month before the expiry date so that you do not have to pay any penalty to issuing authorities.
Obtaining a Broker’s Licence in Dubai provides real estate agents with numerous professional and practical advantages, enhancing their ability to operate successfully in a competitive market. Here are the key benefits:
Having a BRN means that the agent is legally authorised to practice real estate brokerage in Dubai. This ensures compliance with local laws and regulations, which is crucial for operating within the legal framework of the real estate market.
Agents with a BRN are seen as more credible and trustworthy by clients, as it signifies that they have met the necessary qualifications and standards set by RERA. This can enhance an agent’s reputation resulting in more clients, more successful transactions and repeat business
Agents with a BRN benefit from RERA’s training programs and continuous professional development opportunities, along with regular updates on regulatory changes, market trends, and best practices. They can access various tools and platforms like the Ejari system and the Dubai Rest app, which streamline their operations. Additionally, being part of the regulatory system grants them access to valuable market data and insights, aiding in informed decision-making and providing better client advice.
Registered brokers can gain access to exclusive property listings and professional networks that are not available to unregistered agents. This can provide a competitive edge in the market.
Being registered allows agents to market themselves and their services more effectively. They can promote their BRN as a mark of professionalism, which can be used in marketing materials and client pitches.
In case of disputes, registered agents can seek support and mediation from RERA, which can provide a structured process for resolving conflicts between parties involved in real estate transactions.
Having a BRN can open up opportunities for career growth and advancement within the real estate sector, including positions in larger brokerages or even establishing one’s own brokerage firm.
In conclusion, becoming a certified real estate agent in Dubai involves several steps, and the process might seem rigorous, but the benefits are substantial. As a licensed agent, you gain legal authorisation, professional credibility, access to valuable resources, exclusive market opportunities, and strong marketing potential. Additionally, support from regulatory authorities like RERA enhances your career prospects and provides a solid foundation for success in Dubai's competitive real estate market. By following these steps, you can embark on a rewarding career as a real estate agent and stay on top of this industry. Join us if you want to start your career as a real estate agent in Dubai.