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Is Real Estate a Good Career in Dubai?

If you are planning to make your career in the Dubai real estate market, this blog will answer all your queries. Dubai’s booming real estate market makes it a great career choice for those interested in property and sales. Dubai’s constant demand for luxury apartments, commercial spaces, and residential villas makes real estate a very good career option in Dubai. The benefits of working in a Dubai real estate market include earning high commission and salary, tax benefits, networking opportunities, flexible working hours, etc. Commissions are often lucrative, with agents earning a percentage of high-value transactions. Whether you want to do a real estate job in Dubai or start your own business, you will have an excellent career in the real estate sector of UAE.

Read this post to learn the benefits of working in Dubai’s real estate career, the best real estate jobs in Dubai, real estate jobs in Dubai with salary, and more. 

How is a Real Estate Career in Dubai?

A real estate career in Dubai offers several advantages, making it an attractive profession for those looking to enter the industry. Following are the benefits of joining the real estate career in Dubai. 

Benefits of a Real Estate Career in Dubai
1       Tax Benefits
2 High Commission Rates
3 Good Salary Packages
4 Excellent Career Growth Opportunites
5 The Never Dying Real Estate Market of Dubai 
6 International Work Exposure
7 Networking Opporunities
8 Flexible Working Hours

 

1. Tax Benefits

Dubai does not charge annual property taxes, making it an affordable option for property ownership. Furthermore, there is no income tax in Dubai, which provides a huge advantage to investors. You will earn a good amount of money once you get a realtor license and clients.

2. Lucrative Commission Rates

The Dubai real estate market is commission-based, offering agents significant earning potential. Commissions are often a percentage of high-value property sales, meaning that the more you sell, the more you earn. 

Property commissions are calculated as a proportion of the property value. The commission is due when the keys to the property are turned over to the tenant/buyer. Typically, the real estate agency and the agent split the commissions. In most circumstances, the divide is 50/50.

This means that if the total commission on a property is AED 20,000, AED 10,000 goes to the agent and another AED 10,000 goes to the agency. However, depending on how they operate, different agencies may have different commission splits. 

Dubai Real Estate Commission Rate Structure

Property type Commission structure
Rentals Usually 5% of the annual rent, or a minimum of AED 5,000, whichever is higher
Residential sales Usually 2% of the sale price, but can be negotiated
Commercial properties Usually 2–4% of the sale price, or 10% for commercial rentals

Note: The above commission structure for Dubai real estate agents is just an approx estimate. It varies based on several factors. 

3. Dubai Real Estate Market Never Dies

Dubai’s real estate market is very lively and full of chances for agents. With many international buyers and a growing number of residents, properties are always in demand. Whether it’s luxury homes or rental apartments, there are plenty of opportunities. Even when the economy has ups and downs, agents can still succeed and earn well. This makes Dubai a great place for anyone wanting to build a career in real estate.

Also Read: Why Dubai is the Best Job Destination for Freshers

4. High Paying Salary

Even if you are doing a job as a real estate agent in a brokerage firm or other companies you will earn a good salary. The average salary for a real estate agent in Dubai is around AED 15,000 per month as per glassdoor, which is notably higher than in many other countries. Additionally, top-performing agents can make substantially more, especially with high-value properties. 

5. Career Growth

Dubai’s thriving property market presents excellent opportunities for career advancement. New projects and growing demand for real estate services mean agents can quickly rise through the ranks, potentially expanding into leadership roles or even starting their own real estate business.

Also Read: How to Get a High Paying Job in Dubai?

6. International Work Exposure

Dubai’s status as a global business hub means real estate agents frequently work with international clients, such as buyers and investors from various countries. This gives agents the chance to learn about different cultures, markets, and client needs, enhancing their professional skills. Interacting with a diverse client base also helps agents build strong global networks, which can lead to more opportunities and personal growth. Overall, it expands their knowledge and opens doors to bigger deals on an international level.

7. Excellent Networking Opportunities

Real estate in Dubai opens doors to valuable connections. Agents regularly interact with investors, developers, and corporate clients, which helps them build a strong professional network. These relationships can lead to new business opportunities and long-term partnerships. In the real estate business, networking helps a lot in getting more deals and clients. 

Also Read: How to Find Jobs in Dubai With No Experience

8. Flexible Schedule

One of the primary benefits of working as a real estate agent is the ability to choose your own hours and pace. You do not have to adhere to a strict 9-to-5 schedule or report to a manager. You can choose when and where to meet with customers, show them properties, and negotiate deals. You can also take time off as needed, as long as you manage your workload and communicate with your clients.

Also Read: How to Get Government Jobs in Dubai?

Top Real Estate Jobs in Dubai

If you want to do a real estate job in Dubai there are a number of options for you. There are a good number of vacancies for real estate jobs in Dubai on job portals like Linkedin, Bayt, Indeed, Gulftalent, etc. 

Check out the top real estate jobs in Dubai and their details below. 

Real Estate Agents

Real estate agents assist clients in the purchase, sale, or rental of properties. Effective communication and bargaining abilities are necessary.

Real Estate Developers

 Real estate developers oversee huge projects from design to construction, requiring strong project management abilities. Real estate developers oversee the acquisition, development, and management of real estate developments.

Real Estate Analyst

Real estate analysts do research on market trends and property valuations to assist investors in making informed selections.

Real Estate Consultants

A real estate consultant, sometimes known as a real estate advisor or counsellor, offers expert advice and recommendations to clients who want to buy, sell, or invest in real estate. They conduct considerable research to help clients make decisions at every stage of the project. Rather than focussing on a single transaction, they are responsible for the client’s entire investment success.

Real Estate Broker

A real estate broker is a certified professional who serves as an intermediary in real estate transactions such as purchasing, selling, and renting. They have many of the same responsibilities as a real estate agent, but they also handle the legal and financial parts of the transaction.

Also Read: How Career Coaching Services Help in Getting a Dubai Job?

Top Real Estate Jobs in Dubai With Salary

Real estate Dubai job salary is high compared to other professions. The real estate salary in Dubai varies on factors like your qualifications, experience, skills, type of employer, etc. 

Check out the details about top real estate jobs in Dubai with salary below. 

Job Profile Real estate jobs in Dubai with salary
Real Estate Agents AED 15,000 per month 
Real Estate Developers Not Available
Real Estate Analyst AED 20,000 per month 
Real Estate Consultants AED 30,000  per month 
Real Estate Broker AED 10, 500  per month 

Salary source: Glassdoor

Also Read: What is a Good Salary in Dubai?

We hope that this post on the is Real Estate a Good Career in Dubai was helpful and informative.

If you need assistance with getting the best real estate jobs in Dubai then you can take our Career coaching services. At LearnwithFaiz, we offer Dubai job assistance package, Dubai resume writing services, Dubai job apply support, etc.