One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Establishing a real estate company in Dubai

٢٢ يناير Establishing a real estate company in Dubai

Dubai is a vibrant city. Dubai’s world-class infrastructure has proven to be a major player in trade and tourism and has attracted major foreign investors from all over the world. So, if you are planning to start a real estate company in Dubai as an entrepreneur, you need to see the unlimited potential and develop it further. The good news for entrepreneurs is that real estate is one of the booming businesses in Dubai. When it comes to the Gulf countries’ race for skyscraper structures, Dubai has taken the first place. 

Burj Khalifa, the tallest building in the world, along with Marina 101, Princess Tower and many other buildings are evidence of the growth of the real estate business in Dubai. According to the latest research communication, the increasing moderation in rents, supply and changing demand for leadership positions in the job market is expected to continue in 2021 and will impact the housing market. 

That is why you might be interested to find many expatriate residents who have bought apartments in Dubai. Therefore, it can be a great opportunity for real estate entrepreneurs to start a real estate business in Dubai. 

But what is the process of setting up a real estate company in Dubai? So I did some research to find out the basic steps that can help you open a real estate company in Dubai and save costs. 

Find out the location and type of business to establish your real estate company

First, explore your real estate business location. UAE regulations require companies to be 51% owned by UAE nationals. However, the property can be 100% owned if you explore different areas, as there are a few locations within the country that are classified as free zones. The regulations are less and attract more businesses in these areas. 

Additionally, owning a real estate company in free zones can help you with 50 years of corporate tax exemption, no income tax, free import duties, currency restrictions and avoid excessive regulations. 

Establishing a real estate company in Dubai

Providing fast and reliable solutions to enhance and improve each client’s business vision. The company provides value added services based on the client’s business needs. The services provided are:

 Supply of warehouses and offices as required by companies. 

Establishment of companies, including compliance with all legal documents for persons of any nationality. 

Trademark registration anywhere in the world. Development of corporate contracts, partnership agreements, distribution contracts, franchise agreements.

 Facilitate and manage all legal requirements related to paperwork set up by the government agency.

 Representing client business, including commercial negotiations. 

Support in financing projects by searching for investors. Conducting a feasibility study to support Dubai projects. 

Real estate legal advice to create investment opportunities for Dubai projects through existing projects or feasibility studies. 

The Dubai company formation company is also known for its easy 3-step process of processing residence permit and work permit in Dubai in just 28 days. As the company provides excellent services to help clients make their business fully operational, it remains transparent to clients when it comes to financial matters.