Real estate business license in the UAE
Carry out real estate activities, open an agency, manage properties, all serving the $100 billion growing market of the United Arab Emirates.
The UAE market shows constant demand for provision of professional and thorough real estate purchase and sale transactions, lease and management, as well as technical and general maintenance. SORP Group, as experts in business licensing procedures, will ensure a quick entry into this highly profitable and thriving niche and support on each stage of your business incorporation in the UAE.
Main types of UAE real estate business licenses
Real estate agency
The activities of a real estate broker or agent / realtor in every phase of purchase and sale of real estate between owners and buyers, leasing to third parties.
Third party property management
Management of business centers, commercial shopping malls and centers, guest houses or hotels; management of third-party facilities.
Own property management
Acquisition, maintenance, administration, operations and management of commercial and residential real estate property for rent to third parties.
Property development
Full cycle of real estate projects including purchase, lease of land, hiring designers, general contractor, construction & marketing.
Property maintenance
Operation and management activities, facility security and cleaning services, building repairs and maintenance.
Real estate consulting
Expert feasibility assessment and planning for buying, selling, renting, lending of commercial or residential real estate.
SORP Group expert solutions for real estate activities in the UAE
Business model preparation
We will find the best solution for what you want to achieve, the most suitable license and type of legal entity to incorporate.
Company incorporation
Guaranteed speed in company formation and licensing in RERA and DED of the Emirate of Dubai. Agents for a number of FTZs also.
Local partner or agent
Professional nominee service from SORP Investment LLC with a waiver of rights in Dubai court, to fulfill corporate roles without interference.
Dubai business address
SORP Business Centre provides cost-effective ways to rent an office under Ejari / Estidama license, rent flexi-desks or get an E-office.
Opening bank accounts
We know the compliance processes of UAE banks and we provide help in passing KYC for onshore corporate structures and their shareholders.
PRO business support
Representation of interests at state immigration authorities and the Ministry of Labor with 24/7 support. Legal, tax and accounting services.
When choosing a license, you need to consider the following factors
State control
Almost all activities fall under the control of the Real Estate Department, namely the so-called Real Estate Regulatory Agency, as well as other departments depending on the type of activity
Ownership conditions
Place of incorporation
The UAE’s free trade zones do not provide a licensing option to conduct activities in the field of real estate, with the exception of certain consulting areas, real estate investments and the creation of portals for the sale or lease of real estate, etc.
Basic requirements of UAE government bodies when licensing a company
Bank guarantee
The state requires a bank guarantee in the amount of $ 27,000 to $ 2.2 million for a number of licenses. Developers must open an escrow account.
Owner qualifications
The owner must demonstrate existing specialized knowledge. In some cases, the owner must take training courses and pass an exam at the Real Estate Dept.
Management qualifications
The knowledge of the company's management must be confirmed, or managers sent on specialized courses conducted by the Real Estate Dept.
Employee training
Proficiency accreditation and courses may also be required for employees who perform a range of financial functions, such as operations managers.
Additional approvals
In addition to basic permits (RERA), some types of activities require approvals from the police, the Tourism Department, and the Construction Department.
SORP solutions for real estate business support
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Comprehensive business analysis
Analysis of the business concept to choose the optimal licensing, which will allow activities to be conducted in the Emirates as well as international markets.
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Consulting support
Handholding through all stages of formation, setting up and starting a business. We build relationships with government agencies that are involved with those activities.
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Outsourcing services
Outsourcing your administrative, HR, accounting and tax functions to SORP specialists slashes overheads compared to hiring highly paid employees.
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Registering tax residency
Obtaining the status of a tax resident provides protection from the exchange of tax information allowed under CRS and applies treaties that avoid double taxation.
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International tax planning
Tailored solutions to improve the efficiency of tax optimization schemes for international business based on UAE legislation and our proven expertise.
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Confirming economic presence in the UAE
Proving that the center of control and management actually exists at the UAE business address and that the company is affiliated to the UAE tax regime.
SORP provides a full range of services for incorporation and business management
Obtain your license for real estate business in the UAE
SORP Group specialists will help you choose suitable types of activities and determine the optimal place of incorporation and type of legal entity to incorporate.
Take the first step today towards creating your business in the UAE!