Establishing a real estate company in Dubai represents a strategic opportunity for investors seeking to capitalize on the city’s continued growth in real estate market. Dubai, with its strategic geographical location and thriving economy, provides an ideal environment for investing in the real estate sector. With advanced infrastructure, major project developments, and increasing demand for housing and commercial facilities, Dubai offers ample opportunities for real estate investors, whether local or international.

When considering opening a real estate company in Dubai , there are several basic steps that must be followed to ensure the success of the project. These steps include determining the type of real estate activity that you want to focus on, whether it is project development, property management, or real estate brokerage. After determining the activity, investors must choose the most appropriate legal structure for their company, such as a limited liability company or a joint stock company.

The procedures for establishing a real estate company require obtaining the necessary licenses from the competent authorities such as the Department of Economic Development, as well as registration with regulatory bodies such as the Real Estate Regulatory Authority. It is also necessary to submit the required documents, such as a business plan and professional licenses, to ensure compliance with local regulations.

With its expertise in this field, Itqan provides comprehensive support to investors throughout all stages of company establishment. From providing legal and procedural advice, to facilitating the process of obtaining licenses and completing registration, Itqan can help speed up and simplify the process of establishing a real estate company. By leveraging its expertise and in-depth knowledge of the local market, you will be able to successfully start your real estate project and take advantage of the opportunities that Dubai offers in this growing sector.

Basic steps to establish a real estate company in Dubai

Establishing a company in Dubai is a strategic move that contributes to benefiting from the continuous growth in the city’s real estate market. As one of the most prominent global destinations for real estate investment, Dubai offers ample opportunities for investors thanks to its advanced infrastructure and large-scale projects that are constantly being implemented. With the increasing demand for residential and commercial properties, starting a real estate company here represents a promising opportunity for growth and success. To achieve this goal, it is necessary to follow a set of basic steps that ensure the establishment of a successful real estate company that is compliant with local laws.

The basic steps to establish a company in Dubai include:

• Determine the type of real estate activity: Determine the field of activity of your real estate company, whether it is project development, property management, real estate brokerage, or any other real estate activity.
• Choosing a Legal Structure: Determine the appropriate legal structure for your business, such as a limited liability company (LLC) or a corporation. The choice depends on the size of your business and your business requirements.
• Prepare a business plan: Prepare a comprehensive business plan that outlines goals, growth strategies, and financing plans. The plan should also include details about your target market and your company’s competitive advantage.
• Registration and Licensing: Apply for a business license from the Dubai Department of Economic Development. You may also need to register with the Real Estate Regulatory Authority, depending on the type of activity.
• Secure your business location: Choose a suitable location for your company’s office, and make sure you sign a lease for the business location that complies with the requirements of local authorities.
• Submitting the required documents: Submit all the necessary documents, such as passport, residence visas, business plan, and lease contract, to the relevant authorities to complete the registration procedures.
• Opening the company: After completing all the procedures and obtaining the necessary licenses, you can start your business and launch your real estate company services in Dubai.

By following these steps, you will be able to effectively set up a company in Dubai and expand into the city’s thriving real estate market.

Documents required to establish a real estate company in Dubai

Establishing a real estate company in Dubai requires the preparation of a set of basic documents that contribute to ensuring that the process runs smoothly in accordance with legal and administrative requirements. Dubai, as a global destination for real estate investment, provides an encouraging environment for investors thanks to its advanced infrastructure and its interest in developing the real estate sector. To ensure the success of the company establishment process, it is necessary to submit specific documents that meet the requirements of regulatory authorities and help speed up the registration and licensing procedures. Below is a list of the main documents required to establish a real estate company in Dubai:

• Passports: Color copies of passports of all founders, directors and investors. Passports must be valid.
• Residence Visas: Residence visas for founders and investors (if they are residents of the UAE) which support the company registration process.
• Personal photos: Recent personal photos of both founders and directors, as some entities may require personal photos for registration procedures.
• Articles of Association: A certified copy of the articles of association of a company, which includes details about the company’s structure, objectives and the percentage of ownership of the partners.
• Business Plan: A comprehensive business plan that outlines the type of real estate activity, marketing strategies, and financial projections, which helps provide a clear vision to regulatory authorities.
• Lease Agreement: A lease agreement for the office or location from which the company will operate, which must comply with registration requirements.
• Power of Attorney: A power of attorney from the founders to appoint executive directors and company representatives.
• Proof of Identity: Documents proving the identity of key partners such as national ID cards or driving licenses.
• Financial Certificates: Certificates from the local bank stating that the company has a bank account and confirming that the company’s financial resources have been verified.
• Regulatory Approval: In some cases, you may need to obtain additional approvals from local regulatory bodies if the company’s activity requires special permits.

Providing these documents in an accurate and organized manner contributes to accelerating the process of establishing your real estate company and ensuring that all legal and administrative requirements in Dubai are met.

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

At the end of the process of establishing a real estate company in Dubai , it can be said that this project represents a strategic step towards taking advantage of the vast growth opportunities in the city’s growing real estate market. Dubai, as one of the most prominent global destinations for real estate investment, offers an encouraging environment for investors thanks to its modern infrastructure and large-scale projects that are constantly being implemented. With the facilities provided by the local authorities and the diversity of opportunities in the real estate sector, establishing a real estate company here is a promising step.

Collaborating with Itqan in this field enhances the chances of project success thanks to the comprehensive support and extensive experience it provides. From the planning and registration stage, to obtaining the necessary licenses and preparing documents, Itqan ensures that all legal and administrative procedures are followed accurately and efficiently. Collaborating with experts like Itqan helps overcome potential challenges and ensure compliance with all local requirements, which facilitates the process and increases the chances of success in the market.

Establishing a real estate company in Dubai is not just an investment, but an opportunity to expand and grow in a market that is witnessing an increasing demand for residential and commercial properties. With the professional support and guidance provided by Itqan, new investors can enter the market with confidence and a strong start. Itqan’s commitment to providing distinguished advisory and management services contributes to achieving investors’ goals and developing their real estate projects successfully, enhancing their position in the real estate market in Dubai.

Frequently asked questions about establishing a real estate company in Dubai