Establishing a real estate company in Dubai is one of the smart investment steps that can be taken by ambitious investors and entrepreneurs looking to benefit from the enormous opportunities provided by one of the fastest growing cities in the world. Dubai, known as a global hub for business, trade and tourism, boasts an active and growing real estate market that attracts investors from all over the world. By establishing a real estate company in Dubai, investors can benefit from the growing demand for residential, commercial and hotel properties, in addition to the diverse opportunities offered by major real estate development projects and supportive government initiatives.

Establishing a real estate company in Dubai requires a deep understanding of local laws and regulations, as well as the ability to handle various administrative procedures to ensure full compliance with legal requirements. In this context, cooperation with Itqan plays a crucial role in facilitating this process. Itqan, thanks to its extensive experience in the UAE market and its precise knowledge of real estate laws, provides comprehensive and integrated support to investors wishing to enter the real estate market in Dubai. From preparing the necessary documents to dealing with the competent government authorities, Itqan provides specialized consulting services that ensure the establishment of the real estate company efficiently and quickly.

Establishing a real estate company in Dubai

Basic steps to establish a real estate company in Dubai

Dubai is considered one of the most prominent global destinations in the field of real estate investment, as it is characterized by a thriving and diverse real estate market that meets the needs of investors and residents alike. Establishing a real estate company in Dubai requires following certain legal and administrative steps to ensure full compliance with local laws and regulations governing this vital sector. By understanding the basic steps of establishing a real estate company in Dubai, investors can achieve a smooth and efficient entry into the real estate market and benefit from the many opportunities that this dynamic city offers. In cooperation with a specialized company such as Itqan, this complex process can be facilitated and ensure that all necessary documents are prepared and the required approvals are obtained quickly and efficiently. Basic steps to establish a real estate company in Dubai

• Choosing the type of company: Determine the type of company you want to establish, whether it is a limited liability company (LLC), a branch of a foreign company, or a company in a free zone. This choice depends on your investment objectives and legal requirements.
• Choosing a trade name: Choose an appropriate trade name that complies with local laws. The name must be verified and not similar to the names of other registered companies. This move requires initial approval from the Dubai Economic Development Department (DED).
• Obtaining initial approvals: Submit an application to obtain initial approvals from the Department of Economic Development. This application includes information about the proposed business and founding partners.
• Preparing legal documents: Preparing and submitting all required legal documents, such as copies of partners’ passports, proof of residency, personal photos, a lease contract for the company’s headquarters, a business plan, and the company’s articles of association. Itqan can provide support in preparing these documents to ensure full compliance with legal requirements.
• Office lease contract: Secure a notarized lease contract for the company’s headquarters. The office must meet the criteria of the chosen business and be located in an area suitable for the target market.
• Signing the Memorandum of Association: Signing the Memorandum of Association and Articles of Association of the company in front of a notary public in Dubai. This contract includes details about the shareholding structure, rights and duties of partners, and internal management procedures.

Documents required to establish a real estate company in Dubai

Establishing a real estate company in Dubai is an attractive strategic move for investors looking to capitalize on the booming real estate market in one of the most active and diverse cities in the world. Dubai, with its stable economic environment and advanced infrastructure, offers great opportunities for entrepreneurs and real estate investors. However, to ensure the establishment of a successful real estate company and full compliance with local laws and regulations, investors are required to submit a set of necessary documents. Properly preparing these documents can help facilitate the incorporation process and ensure it runs smoothly and efficiently. In cooperation with a specialized company such as Itqan, investors can obtain the necessary guidance and support to submit all required documents correctly and in a timely manner. Documents required to establish a company in Dubai

• Copies of Passports: Clear and valid copies of passports must be provided to all partners and shareholders of the company. It is important that passports are valid for a long period to avoid any future delays.
• Proof of Residence: Proof of residency such as a valid rental contract for the applicant’s residence. This proves the presence of a legal and fixed address for the founders in the Emirates.
• Personal photos: Providing recent personal photos of the applicant and all partners, in accordance with the requirements of the competent authorities. Photos must be passport size and adhere to the required standards.
• Commercial Office Lease Contract: A notarized lease contract must be submitted for the office that will be used as the company’s main headquarters. The office location must be compatible with the type of business activity to be carried out.
• Business plan: Prepare and submit a detailed business plan that explains the nature of the business activity, the services that will be provided, and the strategy followed to achieve the business goals. The plan should include financial projections and marketing plans.
• Articles of Association and Articles of Association: Submit a copy of the company’s articles of association and articles of association, which includes all legal details related to the company such as objectives, type of activity, shareholding structure, and ownership percentages.
• Approval of competent authorities: Some commercial activities may require obtaining additional approvals from certain competent authorities, depending on the type of business activity. These approvals may include government agencies or regulatory bodies.
• Application submission fees: Pay the fees required to submit the license application and obtain the necessary approvals. These fees include registration fees, licensing fees, and any additional fees related to government procedures.

Types of real estate activities that can be practiced in Dubai

Types of real estate activities that can be practiced in Dubai

Dubai is a leading global destination in the field of real estate, providing an ideal and diverse investment environment that meets the needs of local and international investors. With the growing economy and continued infrastructure development, the real estate market in Dubai is constantly booming, making it one of the best places to invest in this vital sector. Diversified real estate activities are an essential part of this growth, as they provide investors and entrepreneurs with multiple opportunities to achieve financial returns and grow their businesses. From real estate brokerage to real estate development and property management, Dubai’s real estate market opens its doors to a wide range of activities that meet various investment needs and goals. Types of real estate activities that can be practiced in Dubai

• Real estate brokerage: Real estate brokerage includes buying, selling and renting residential and commercial properties. Real estate brokers facilitate transactions between sellers and buyers or owners and tenants, while providing the necessary advice to ensure successful deals.
• Property Management: Property management involves maintaining and managing properties on behalf of the owners. This management includes multiple aspects such as rent collection, maintenance, and contract renewal, ensuring the long-term continuity and value of the property.
• Real estate project development: Real estate project development includes planning, designing and constructing new properties. These projects can be residential, commercial or industrial, and require coordination with architects, contractors and government agencies to obtain the necessary licenses and approvals.
• Real Estate Marketing: Real estate marketing involves promoting properties to attract buyers or renters. Multiple marketing strategies such as electronic advertisements, real estate exhibitions, and promotions are used to ensure reaching the target audience and increasing sales.
• Real estate appraisal: Real estate appraisal determines the market value of real estate. This activity involves analyzing properties based on specific criteria such as location, condition, and comparative market prices, and is considered necessary to determine fair selling or rental prices.

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

Establishing a real estate company in Dubai represents a unique investment opportunity that combines sustainable economic growth and a favorable regulatory environment. Dubai is distinguished by a dynamic real estate market that attracts investors from all over the world thanks to its advanced infrastructure and business-supportive policies. Achieving success in this market requires adherence to a set of precise legal and administrative steps to ensure compliance. Full compliance with local laws. Cooperating with a specialized company such as Itqan can make this process easier and more effective thanks to its extensive experience in the Emirati market.

Itqan Company provides comprehensive support to investors, starting from choosing the appropriate type of company all the way to obtaining the required commercial license. This support includes preparing and submitting the necessary legal documents and interacting with the competent government authorities to ensure that the process runs smoothly without administrative or legal complications. This cooperation allows investors to focus on growth and development strategies. Instead of getting busy with complex administrative details

In addition, Itqan Company provides market analyzes and strategic consultations that help investors make informed decisions regarding project locations, the most appropriate type of properties, and effective marketing strategies. This support can increase the chances of success and profitability in a market characterized by intense competition and rapid changes.

Cooperation with Itqan Company is not limited only to the establishment stage, but extends to include continuous support and professional advice to ensure business sustainability and achieve long-term strategic goals. Thanks to this cooperation, investors can achieve rewarding financial returns and benefit from the great opportunities offered by the real estate market in Dubai.

Frequently asked questions about setting up a real estate company in Dubai