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United Arab Emirates – Finding Property to Buy

Popular Estate Agencies

  • Dubai Properties: One of the largest real estate developers in Dubai, known for their luxury residential and commercial projects.
  • Emaar Properties: Another leading developer in Dubai, known for their high-end projects such as the Burj Khalifa and Dubai Mall.
  • Aldar Properties: A Abu Dhabi-based developer, known for their mixed-use developments such as Yas Island.
  • Sobha Realty: An international real estate developer with a focus on luxury properties in Dubai and other emirates.
  • Meraas: A Dubai-based developer known for their high-end residential and commercial projects, including City Walk and The Beach at JBR.

Qualifications and/or Licenses for Estate Agents in the United Arab Emirates

In order to practice as a real estate agent in the UAE, individuals must be licensed by the Real Estate Regulatory Agency (RERA). This requires passing a qualifying exam and meeting other criteria such as having a clean criminal record and sufficient financial resources.

Breakdown of Estate Agent Fees in the United Arab Emirates

Estate agent fees in the UAE vary depending on the specific property and location, but generally range from 2-5% of the total sale price. These fees are typically split between the seller and buyer, with the seller paying the majority of the fee.

Additional Resources for Property for Sale in the United Arab Emirates

  • Property Finder UAE: A popular online platform for searching for properties for sale and rent in the UAE.
  • Dubizzle: An online classifieds platform that includes listings for properties in the UAE.
  • Rightmove Overseas: A UK-based website that lists properties for sale in the UAE and other countries.
  • ExpatWoman: A website and magazine for expatriate women in the UAE that includes property listings.
  • Word of mouth: As the UAE is a small country, many properties are sold or rented through personal connections.

Use of Buyer’s Agents in the United Arab Emirates

The use of buyer’s agents is not common in the UAE, as the market is relatively small and properties are often sold through direct contact with the developer or real estate agent. If a buyer does choose to use a buyer’s agent, they should ensure that the agent is licensed by RERA.

Organisations for Foreign Property Buyers in the United Arab Emirates

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  • Dubai Land Department: The government agency responsible for overseeing the real estate market in Dubai and providing information to foreign buyers.
  • Abu Dhabi Global Market: A government-owned free zone in Abu Dhabi that provides information and support to foreign investors.
  • RERA: The regulatory agency for the real estate sector in the UAE that provides information and assistance to foreign buyers.
  • Dubai Real Estate Institute (DREI): A professional training institute that offers courses and resources for foreign investors looking to buy property in Dubai.

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