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Leasing and Management of Other People's Property

Description

​Includes firms engaged in managing commercial, residential, industrial buildings through contracting with the owner in order to re-lease on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage

Required Documents

Parties:

  • All Nationalities.
  1. Managers and employees who are involved in leasing must complete RERA property management certificate course.
  2. Bank guarantee of 5 million dirham is required as per local order 2/2003
  3. Expatriate partner or manager must be sponsored under this license.
  4. Good conduct certificate from Dubai police.

Note:

  • Offices, managers, sales employees must be registered in RERA brokerage section and get access to Ejari system before starting the business.
  • Branch office must have the same trade name as the main license and number of employee must be minimum of 20 administrative employee
Service Procedures
Service Fee

​AED 15000 per year​ ​+ AED 10 as knowledge surcharge​​

Service Branches

​Trakheesi System

Related Services
Additional Information
Last updated 01/07/2019 12:22:55
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