The environment for obtaining a broker license in Dubai is regulated. Applicants for a license must complete appropriate educational courses that cover basic knowledge of real estate, law and business skills. Subsequently, it is necessary to successfully pass an exam that confirms that the candidate has the necessary knowledge and abilities. After meeting these requirements, the candidate can apply for a license with the Dubai Real Estate Regulatory Authority (RERA).
The license is important not only to ensure the quality of services, but also to protect clients. Licensed brokers must adhere to a code of ethics and rules, which increases the likelihood that clients will receive services that meet their needs. In this way, the risk of clients falling prey to fraudsters is minimized.
There are also fraudsters on the real estate market who want to take advantage of the lack of information and trust of clients. They tend to promise unrealistic benefits and offers, which can lead to loss of money and time for clients. A licensed broker is a guarantee that they will always recommend the best value for your investment. This is because it is committed to complying with the relevant laws and regulations, which means that clients can feel secure in their decision and are sure that their investment will be safe thanks to 100% ownership and sending money to the developer in a notary account.
Our BuyDubai brokers hold valid licenses under the auspices of RERA, which is the Dubai Real Estate Regulatory Agency, in other words the regulatory body of the Dubai Land Authority. It works to regulate the real estate market in Dubai, providing a legal framework for all parties working in the sector and also enforcing the rules.
