The real estate market is currently flourishing in one of the fastest-growing metropolises in the Middle East, Abu Dhabi. The capital city of the United Arab Emirates is witnessing a rising demand for properties, from residential communities to commercial developments. However, with the growing market comes an increased demand for real estate agents who can help people buy, sell, and lease properties. Hence, those interested in starting a career in this field need to learn how to become a real estate agent in Abu Dhabi.
Through this guide, we will guide you on how to become a licensed real estate agent in Abu Dhabi, the qualifications you will need, and other requirements.
Reasons to become a real estate agent in the UAE
There are several compelling reasons why most people are showing interest in becoming a real estate agent, realtor, or broker in Abu Dhabi.
- They get the opportunity to deal with the most expensive assets in the market – Real Estate or Property.
- Individuals with the right skills for sales and negotiation can build a good reputation and earn a good amount of commission over and above their basic salary.
- Being a real estate professional is an interesting and engaging career choice that provides incredible opportunities to meet and connect with a diverse client portfolio.
Roles and responsibilities of a real estate professional in Abu Dhabi
A real estate agent is an intermediary between buyers and sellers. They handle an array of tasks, including:
- Property transactions – The agent assists clients in buying or selling properties, such as houses, commercial spaces, or rental properties. They conduct property inspections, negotiations, and contract preparation for sale or lease.
- Market knowledge – Agents have a deep knowledge of the real estate market, including the types of properties, neighborhoods, and trends.
- Legal Guidance – A real estate professional ensures that all transactions related to properties comply with the real estate laws and regulations of Abu Dhabi. Moreover, they help clients with the paperwork, approvals, and other legal aspects of property transactions.
- Client representation – Real estate agents help buyers find suitable properties, negotiate prices, and handle the paperwork. On the other hand, they help sellers advertise their properties, negotiate offers, and ensure a smooth transaction.
- After-sale services – Apart from assistance in property transactions, real estate agents also provide post-sale support, such as property management, referrals to mortgage brokers or home inspectors, etc.
How to become a real estate agent in Abu Dhabi: Eligibility
To obtain a real estate agent license Abu Dhabi, the applicant needs to meet the following criteria:
- Be at least 21 years old
- Must be proficient in Arabic and English
- Must be a UAE national or resident with a valid Emirates ID
- Complete a specialized real estate training program offered by the Abu Dhabi Department of Municipalities and Transport (DMT)
- Clear a real estate certification exam administered by the DMT
- Obtain a license from the Real Estate Regulatory Authority (RERA)
Documents required for the real estate agent license Abu Dhabi
The applicant must submit the following documents to the RERA in order to obtain a real estate agent license:
- Valid passport or Emirates ID
- Residence visa
- Certificate of RERA-approved training program
- Real estate certification exam result
- RERA license application form
- Medical certificate
- No Objection Certificate (NOC), if required
How to become a real estate agent in Abu Dhabi: Procedure
Here’s a comprehensive guide on how to become a real estate agent in Abu Dhabi –
Research the market – Before delving into the legal aspects of the procedure, learn and understand the local laws and regulations governing the industry, including the property types, trends, and target audience.
Complete the training course – Register with for a training course approved by the DED (Department of Economic Development) Abu Dhabi. It covers topics like law, valuation, marketing, and sales of properties. The applicants have the option to choose from online or classroom-based courses.
Pass the certification exam – After completing the training course, the applicant needs to clear the real estate certification exam managed by the Department of Municipalities and Transport (DMT). The applicant would be eligible for a real estate agent license only after passing this exam.
Apply for a real estate agent license – After clearing the exam successfully, submit an application to the DED for a real estate agent license Abu Dhabi. The application will include other documents such as passport, visa, educational qualifications, and exam results of the applicant.
Register with the DMT – Once the application is successfully submitted, register with the DMT as a licensed real estate agent to legally operate in Abu Dhabi’s real estate market.
Now that you have your license in hand, join a real estate firm or work as an independent agent. Working with a real estate brokerage will give you access to clients and facilitate effective networking while working independently offers flexibility.
Renewing the real estate agent license
If the real estate professional fails to renew their license within the due date, their license will be canceled and as a result, they will have to re-appear for the training course. Hence, to renew the license, they need to take the RERA registration exam once again and score as per the requirement. The documents required for this process are:-
- Copy of passport and residency permit
- Certificate of qualification
Specifics to open a real estate business in Abu Dhabi
If you are willing to open a business in the real estate sector, here’s what you will need to operate efficiently –
- Business license: A valid license from the DMT and the DED in Abu Dhabi
- Office space: Physical office space to operate as a real estate company
- Real estate license: A trade license to carry out activities like property sales, rentals, and management
- Visas: Relevant visas for agents or administrative staff
If you are new in the industry and need help keeping up with the specific requirements and procedures, it is advisable to consult with the business setup experts of Shuraa who will navigate you through the process smoothly.
Cost of real estate license in Abu Dhabi
The cost of obtaining a real estate agent license in Abu Dhabi can vary depending on the specific circumstances and choices of the applicant. Nevertheless, the following factors influence the overall cost:
- Real estate training course fee
- Certification exam fee
- Real estate license fee
- DMT Registration fee
- Office setup costs
For up-to-date information on the real estate agent license cost, contact the local experts at Shuraa Business Setup.
Let Shuraa help!
Becoming a licensed real estate agent in Abu Dhabi can be a smart move that brings good income opportunities and a chance to help people find their dream homes and offices in a vibrant market. However, as you plan to pursue this career path, it is essential to know that navigating the legal and administrative aspects can be a bit tricky, considering the stringent laws governing the real estate industry.
Through their warm and friendly approach, the team of Shuraa Business Setup will understand your business needs and guide you every step of the way. They will assist you in the legal tasks and simplify the process.
Don’t hesitate to reach out to Shuraa at www.shuraa.com. You can simply call at +971 4 4081900 or email at info@shuraa.com
