How many real estate agents are there in Dubai?
In Dubai, the real estate market is regulated and supervised by the Dubai Land Department and the RERA, two governmental bodies. In order to work as a real estate agent, a professional license (Broker Card) is required. The names of the holders of the professional real estate license are published on the website of the Dubai Land Department, in order to ensure maximum transparency of the market. But how many professional real estate agents are there in Dubai? And how many "fake agents"?
More than 12,000 real estate agents in Dubai by 2023
On the Dubai Land Department website, you can freely consult the list of professional real estate agents. Only those who hold the RERA license can be considered as professional real estate agents. If a person presents himself as a real estate agent and does not hold this precious Sesame, then he is in the illegality. You can consult the list of all professional real estate agents in Dubai on this link
Official list of Dubai Immo agents on the Dubai Land Department website
Never do business with an unlicensed person
You should be very careful to deal only with real estate professionals. In Dubai, especially in the last 2 years, many people are becoming real estate agents. We see it every day, the work of these "fake agents" is catastrophic, and we receive many complaints from people who regret having dealt with these individuals. If they don't take the step of getting their license for themselves, then don't count on them to make an effort for you! Moreover, since they are not licensed, they will not be able to help you with the authorities and defend you with a promoter in case of conflict. So you are not protected as you can be if you use a real estate agency like Dubai Immo / Elysee Vendome Real Estate LLC.
How many fake real estate agents in Dubai?
The French-speaking market is certainly the one on which we unfortunately find the most fake agents. We estimate the number of fake French-speaking real estate agents in Dubai to be between 1000 and 2000 (and between 10,000 and 20,000 in total). You can find them mainly on Snapchat, TikTok and Instagram. When you are talking to a real estate agent and you have a doubt, ask him/her for a copy of his/her RERA card and check the authenticity of the document on this link by typing the license number indicated on the card. The photo should also match the face of the agent you are talking to.
What to do if you find out that you were in contact with a fake real estate agent?
You are entitled to file a report with the Dubai Land Department. In a few minutes, you can file your complaint directly on their website. Do not hesitate to contact us, we will be happy to assist you in your real estate investment project in Dubai.
