Registration of mainland company. Real Estate

Pauline Familara
Pauline Familara
Administrator
21 March 2024
Registration of mainland company. Real Estate
Content

Preface

In June 2023, we opened a Real Estate brokerage in Dubai for entrepreneur Valery. The registration of such a company cost him 42 230 $ and the office rent was 93 000 $

Cost details

  • Company name registration,
  • Preliminary company registration,
  • Real estate brokerage license acquisition,
  • Company registration with the immigration service,

5 200 $

  • Company charter and government fees

750 $

  • Obtaining RERA certificate (a special certificate for the company to engage in real estate in the UAE)

0 $

  • Office rent for the company

93 000 $

  • Government fees for processing 10 resident visas for employees (including Medical examination, Emirates ID acquisition, VISA issuance)

13 420 $

  • Government fees for obtaining work quotas

480 $

  • Consulting company fee for assistance in company opening, documentation, visa acquisition, and opening a bank account in the UAE

9 200 $

Total:

135 230 $

The company registration process took 8 days (considering that the office had been found a few weeks earlier). The issuance of a resident visa for the founder took 5 days, and the opening of a bank account took about 1 month (the client had a Latvian passport).

Valery’s feedback

Thank you very much for your help! It’s been a pleasure working with you. Each member of  Dynasty Business Adviser team contributed to this project, and I am deeply grateful to you for overcoming all the obstacles that we encountered during the company’s opening process. Your professionalism, creativity, and perseverance were key factors in our success.

Of course, we will continue our cooperation and service to our company 🙂

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