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I'm starting my own real estate business in Dubai, what is the best start-up real estate business plan I need to kick off my project with?

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Question added by Abeer AlSayed , Senior Media Relations Officer , Jordan River Foundation
Date Posted: 2016/03/09
Nuridin Islam Diab
by Nuridin Islam Diab , Training Manager , Bbusinesss LLE

I don't want to sound demotivational, but I suggest that you don't start a real estate company in Dubai nowadays for the following reasons:

1. The market is over saturated now with real estate companies

2. Prices of real estate is on a down slope and it's expected that it will keep going down till mid of next year 2017

3. I suggest that you make a strategic alliance with some of the top real estate companies here and find them international clients and get your share of the commission. 

4. If you have enough capital to start a real estate company, I suggest that you use invest this capital in cash generating assets which you can keep long term. 

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

real estate business have many sections such as properties management , real estate development and brokerage so which activity u are planning to start up ??

every one of those sections has certain plan so if u are developer u must check up RERA law and investment law in Dubai municipality and build your plan according to investment outlines.

if u are properties management u must plan to search for developers and owners make good relations   with them

 and if u are broker u must search for owners ,developers and other experience brokers office for help u    

Desislava Kamenova
by Desislava Kamenova , Senior Accountant , Savallos Trading and Management Group Ltd

Most probably, the Company plans to be leveraged through private investment and a limited number of loans. To be able to prepare your business plan, you must do research on demographic groups and know and understand this market's need. You must clearly clarify your demanded activities, which could be a full service real estate, mortgage, title services - consultation, appraisal, sale preparation, community information, moving consultations and etc.; It will be just perfect  as well if you find an attractive way to stay close with the clients and work on establishing of long-term relationship with them; Do not forget as well to be "a good friend" with other residential real estates. Not as a last point should be placed the existing capacity of the Company and the motivated and professional staff.

Once all above is precisely clarified, the Company can start preparing challenging business plan earning profit on the short-and long-terms goals. Good Luck ! :)

sv suggisetty
by sv suggisetty , Para Legal , Tatva Legal

First step is to get encumbrance certificate from the government authority. See all the link documents of the property. Get the ownership details. Check all the lease documents / agreements.

Bharat Chetry
by Bharat Chetry , Sales and Marketing manager , Oasis Dreams Swimming pool pvt.ltd

You can easily start off your own business by registering your company in the many Free Zones present in the UAE. Within Dubai, there are two major free Zones DAFZA and JAFZA where you can register your company. There are different types of licenses and various packages available depending on what business you want to do. In addition to Dubai, other Emirates are now aggressively inviting business owners to start their businesses (or open their branch offices). Since they are eager to invite businessmen to setup in their emirate, the fees and packages are usually much more attractive than the Dubai free zones (which are in more demand). 

 

 

Rabei Ahmed Aabdelgawad
by Rabei Ahmed Aabdelgawad , مساعد مدير الاسواق الحره بمطار الرياض , الشركة السعوديه الفرنسية للاسواق الحره(لاجاردير)

Through hard work and perseverance to achieve our ambitions and all what we want

 

 

Zain ul Abdin
by Zain ul Abdin , Project Planning & Control Manager , Redco International Trading and Contracting

Still looking for a chance to be in Gulf again. However useful information provided by Ms Kamenova and Asim.

Sidrah Nadeem
by Sidrah Nadeem , Global Marketing Manager , Hill & Knowlton

I'm not an expert in this genre and have learned key lessons from the experts!

sherif elfaramawy
by sherif elfaramawy , محاسب عام , المتحده للصناعات البلاستيكيه

you take  me in your company   call 01011800751

Rami Assaf
by Rami Assaf , loading and Storage Operations Supervisor , Arab Potash Company

Thanksfor invitation

 

I am apologies to answer this question because it's not my specialist field

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