Real Estate Agents in Dubai,
Property Agents in Dubai.
Real estate agents in Dubai operate much the same as anywhere else,
and property descriptions suffer from the usual degree of artistic licence
eg "needs work" means rebuild it after accidental demolition, "partial
view" means you
can see the swimming pool next door if you lean out while standing on
the balcony railing - safety harness should be worn.
If you want to sound like you know what you're talking about, there's
a good collection of articles and reports
about property in Dubai from people like Better Homes, Colliers,
Standard Chartered, EFG-Hermes, etc on the UAE shares discussion forum.
Good reading
if you're
considering
a purchase (or a sale).
Some of the agents that are more established and/or well-known -
(dare we go so far as to say they have a good reputation?) - are
- Asteco - tel +971-4-4037700, email enquiries@asteco.com, www.astecoproperty.com.
Rentals and sales for Dubai, Abu Dhabi, Ras Al Khaimah and other emirates.
- Better Homes - tel +971-4-3447714, www.bhomes.com. Offices in several
locations in Dubai. One of the largest agents in Dubai, well established
and has a good reputation.
The CEO Linda Mahoney is a well known property figure in Dubai. Rental properties are usually good quality (with prices to match). Sales listings published in a handy book with maps and other
useful information. Offers property management services.
- Landmark Properties - tel +971-4-3316161, fax +971-4-3314949, Office
612 in The Fairmont Hotel, Sheikh Zayed Road, Dubai, www.landmark-dubai.com.
Deals with property sales and rentals. Offers property management services.
- Ocean View Real Estate - tel +971-4-3433256, fax +971-4-3433260,
www.oceanviewdubai.com, office location on Sheikh Zayed Road near Safestway
building.
- Sherwoods Independent Property Consultants, tel +971-4-3438002, fax
+971-4-3438004, www.sherwoodsproperty.com. Also offers international
sales, especially in the UK and France. Head office appears to be Spinneys
in Umm Suqeim.
Certification of Real Estate Agents by Dubai Land Department (21 January
2007)
- In January 2007 the Dubai Land Department started to certify Dubai's
real estate agents. Only real estate brokers and real estate firms
with certification will be allowed to do property deals in Dubai. In
theory.
In practice
it
remains to be seen how strictly this is adhered to, especially since
real estate agents in Dubai won't all get a license immediately. The
first phase of this new system aims to register real estate firms,
and the second phase will register real estate agents.
- Goals are to make sure real estate agents are qualified to complete
real estate deals, and to have ethical standards for real estate agents,
brokers and companies to adhere to with the threat of cancellation
of license as a penalty.
And property agents to watch out for - scams, fraud, poor reputation
- Georgian
Estates (discussion) - general manager and sponsor were found
guilty of fraud according to a 7 Days report on Fri 10 Nov
2006.
This information last updated
Tuesday 31-Mar-2009
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