Real Estate Brokerage in RAKEZ
Starting From
AED 7,500
Setup Time
3 Business Days
Visa Quota
3 Visas
Location
Ras Al Khaimah
About Real Estate Brokerage
Entrepreneurs seeking to start a Real Estate Brokerage business in the UAE will find Ras Al Khaimah Economic Zone to be one of the most attractive jurisdictions, thanks to its strategic location and comprehensive support services.
Operating from Ras Al Khaimah Economic Zone gives your Real Estate Brokerage business access to Ras Al Khaimah's world-class infrastructure, including modern office facilities such as flexi desk, shared office, private office and excellent connectivity. As a regulated activity, you will need approval from RERA before commencing operations, but IBA's team handles this process seamlessly on your behalf.
IBA International has been helping entrepreneurs set up real estate brokerage businesses in Ras Al Khaimah Economic Zone since 2004. Our team of incorporation specialists will guide you through every step, from initial consultation to licence issuance and bank account opening, ensuring a smooth and efficient setup experience.
Why RAKEZ for Real Estate Brokerage?
Choosing RAKEZ for your real estate brokerage business comes with a host of strategic advantages that directly impact your bottom line and growth potential.
The jurisdiction offers cost-effective licensing, which is particularly valuable for real estate brokerage operations. Additionally, industrial and commercial zones ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 3,000 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. 100% foreign ownership further enhances the appeal of RAKEZ for real estate brokerage professionals. Furthermore, gateway to northern emirates positions your real estate brokerage business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAKEZ remains an excellent choice for both start-ups and established real estate enterprises looking to expand into the Middle East and North Africa region.
Requirements & Documents
Regulatory Note: Real Estate Brokerage is a regulated activity in the UAE. Additional approval from RERA is required. IBA can guide you through the full regulatory process.
Cost Breakdown
| Item | Cost (AED) |
|---|---|
| License Fee | 7,500 |
| Visa Package (per visa) | 3,700 |
| Flexi Desk | 3,000 |
| Shared Office | 7,000 |
| Private Office | 15,000 |
| Estimated Total (Year 1) | From AED 14,200 |
* Costs are indicative and subject to change. Contact IBA for a personalised quote.
Setup Timeline
Initial Consultation
Begin with a free consultation with IBA's business setup advisors to discuss your real estate brokerage business objectives, optimal licence structure, and RAKEZ as your chosen jurisdiction. We assess your specific requirements and provide a transparent cost breakdown.
Choose Your Company Name
Select your company name and submit it for approval. RAKEZ has specific naming guidelines — the name must not conflict with existing registrations and should reflect your business activity. IBA handles the name reservation process.
Prepare & Submit Documents
Compile all required documentation including passport copies, photographs, and the completed application form. For real estate brokerage, additional documents including professional qualifications and RERA approvals are required. IBA prepares and submits all paperwork on your behalf.
Obtain Trade Licence
Your RAKEZ trade licence is issued within 3 business days of document submission. The licence authorises you to conduct real estate brokerage activities and is valid for one year. The licence fee is approximately AED 7,500.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. Your RAKEZ licence includes 3 visa allocation. Each visa costs approximately AED 3,700. IBA manages the entire visa process including medical testing and Emirates ID.
Open Corporate Bank Account
With your trade licence in hand, open a corporate bank account at a UAE bank. IBA provides introductions to relationship managers at leading banks including Emirates NBD, ADCB, RAKBank, and Mashreq. We prepare a comprehensive banking file to ensure smooth account approval.
Start Operations
With your licence issued, visa processed, and bank account active, your real estate brokerage business in Ras Al Khaimah Economic Zone is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Free zone companies like those in RAKEZ may qualify for a 0% corporate tax rate on qualifying income, provided they meet the substance requirements and do not conduct business with the mainland. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.
Real Estate Brokerage in Other Jurisdictions
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Official Source
www.rakez.com ↗Popular in RAKEZ
By IBA Business Setup Team
Last updated: 26 February 2026
International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.
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