What examinations must be passed to become a licensed real estate broker?

To be a licensed real estate broker in Dubai, one has to undertake certain tests and fulfill certain conditions in order to qualify for the brokers in the real estate market. Below is the step by step approach on the required assessments in order to make this happen.

Real Estate Brokers’ Training Program

The first one is to attend the “Certified Training for Real Estate Brokers” which is provided by Dubai Real Estate Institute (DREI). This four-day course covers essential topics such as:

It is meant to equip the participants with knowledge on real estate market and the laws that govern it. Tuition fee for this course is about AED 3,000.

The Real Estate Regulatory Agency (RERA) is the exam.

The next step that one has to take after the completion of the DREI course is to pass the RERA exam. This written test will assess your understanding of the legal framework governing the real estate sector in Dubai, the market situation and standards of ethical conduct. The exam fee varies based on your educational background:

  • The fee structure is AED 3,200 for the applicants having a bachelor’s degree.
  • AED 6,300 for the individuals who have not pursued bachelor’s degree.
  • The test comprises of 75 multiple choice questions and in order to pass the exam one has to score at least 75%. This exam guarantees that you possess the right skills and knowledge that is required for you to practice real estate brokering in Dubai legally.

Additional Requirements

To qualify for the RERA exam and the subsequent licensing, you must meet the following criteria:

  • Age must be twenty one years or above
  • Must be a holder of a valid residence permit (for the foreigners).
  • Possess an Emirates ID

The following documents need to be included; a certificate of good conduct.

The following prerequisites make a point of only admitting only qualified and upright people into the real estate market.

The Certified Training for Real Estate Brokers and the RERA exam are important processes that one has to complete so as to become a licensed real estate broker in Dubai. These requirements provide that brokers are well informed on the market, are ethical and are in a position to deliver quality services to their clients.

The above are tips on how to best prepare and sit for the exams that will lead to getting the real estate broker license and kick start a career in the booming real estate industry in Dubai.

What Examinations Must Be Passed to Become a Licensed Real Estate Broker?

  1. Which course must be completed before taking the RERA exam?

    Real Estate Fundamentals Course
    Certified Training for Real Estate Brokers
    Real Estate Advanced Training
  2. What is the minimum passing score for the RERA exam?

    70%
    75%
    85%
  3. What is the cost of the RERA exam for applicants without a bachelor’s degree?

    AED 3,200
    AED 5,000
    AED 6,300
  4. Which organization conducts the Certified Training for Real Estate Brokers?

    Dubai Land Department (DLD)
    Real Estate Regulatory Agency (RERA)
    Dubai Real Estate Institute (DREI)
  5. What additional document is required to apply for a broker’s license besides passing the RERA exam?

    Certificate of Good Conduct
    Property Valuation Certificate
    Leasing Management Certificate