Real estate license in dubai AA Consultancy
A&A Associate LLC can help you obtain a real estate license in Dubai. The real estate sector in Dubai is estimated to be worth billions of dollars. A real estate agent earns a commission of around 2% on every sale. According to the Dubai Land Department, sales worth $4.41 billion were recorded in the month of September 2021 alone. Two percent of this amounts to $88.2 million, and so you can see how there is a lot of money to be made in a single month.
The United Arab Emirates provides a lot of opportunity in the real estate sector. Dubai is a leading financial and commercial hub worldwide, and so there is a lot of demand for both commercial and residential real estate. More than 3.33 million residents call Dubai their home, so you can imagine the housing needs of all these people. A lot of businesses are also looking for commercial real estate, and this is more than just office space. It could also include showrooms and warehouses.
One of the most in-demand business licenses in Dubai is general trading and e-commerce. Whether it is a small retail establishment, a large supermarket, or an online-only e-commerce firm, commercial space that often requires a warehouse is required. The economy of Dubai is estimated to be in excess of $102.67 billion; and collectively, real estate activities account for a massive $8 billion of the total. So you can see how the real estate sector is a major contributor to the economy of Dubai.
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