You've decided it's time to invest in property in Dubai. You've heard that the market is hot, and you're ready to take the plunge. The only question is, who should you work with? Similarly, if you decided it is the right time for you to sell it is neccesary to consider many different factors on how well The Agent and The Company can be The Ambassador of your property and make sure Your Property For Sale gets the right exposure and is presented in the best way possible.

When it comes to finding the right real estate agent in Dubai, there are a few things you need to keep in mind. Below, we'll outline some key considerations so that you can make the best decision for you and your family.

What to Look for in a Real Estate Agent

When you're looking for a real estate agent in Dubai, it's important to find someone you can trust. Someone who understands your needs and can help you find the right property for your budget.

Here are some things you should look for in a real estate agent:

-Real Estate Agent who has a good reputation and is fully licensed and registered with the Dubai Real Estate Regulatory Agency (RERA) Please do ask Your agent for proof of Broker Card to make sure You are dealing with a Licensed Experienced Real Estate Broker who has assigned Broker # from RERA, which is the Official Regulatory Agency of The Dubai Land Department.

-Real Estate Agent who is knowledgeable about the real estate market and knows the steps to follow for accurate price valuation process

-Real Estate Agent who is patient and willing to listen to your needs and wants, therefore understand what type of property would suit you the best

Background Checks and Qualifications

When looking for a real estate agent in Dubai, it's important to do your research. Background checks and qualifications are a good place to start.

Make sure you ask the agent about their experience and education in real estate. Find out if they're licensed and registered with the Dubai Real Estate Regulatory Authority (RERA).

And don't forget to ask for referrals from friends and family. Word of mouth is still one of the best ways to find quality service providers.

Do Your Homework: Researching Market Trends

When it comes to choosing a real estate agent in Dubai, you need to do your homework first. That means researching the real estate market trends in your area of interest.

What are the current prices for properties in that area?

What are the average rental rates for different types of properties based on last transactions as well as properties advertised? 

What is the usual gap in between of asking price and the actual closing price, if any ?

What is the availability of properties in that area?

What is the demand for rental and sale properties in that area?

Knowing the answers to these questions will help you shortlist potential agents who have a strong understanding of the current market trends in your area of interest.

Negotiating the Contract Terms

Now that you've found an agent you can trust, it's time to talk about the terms of the contract. Think of this like a business negotiation where you want to make sure you're getting the best possible deal in a longterm perspective, not only for the moment.

Before signing anything, it's important to understand exactly what services your agent will be providing. Are they handling everything from start-to-finish, including property tours, marketing and contracts ? Are they helping with the negotiation process, or will you be doing the talking?

You'll also want to discuss their commission fees (usually 2% from Buyer side and 2% from Seller side) and any other fees related to the sale or purchase of your property. This can include anything from Property Transfer Fees (4% payable to Dubai Land Department / DLD), Title Deed issuance Fee, Trustee Office Fees, NOC to developer Fee, other paperwork Fees (additional conveyancing fees or is Your Broker taking care of the contracts ? ) to staging fees or other closing costs. Ask the agent to share with you clear Breakdown of Fees, so you can calculate Total Purchase Price on Buying Your Dream Home or Selling an Existing Property.

Tips on Communicating With Your Agent

Choosing the right real estate agent in Dubai is an important task, and communicating well with them is essential to getting the best results.

The first thing to keep in mind is that you need to be clear and specific when talking to your agent. Think of it like a puzzle—the more pieces of information you can provide them with, the better they can help you find exactly what you're looking for.

Second, it’s important that you keep your conversations respectful. After all, it's a business relationship—so being concise but also polite goes a long way. Please do respect time of brokers out there as Real Estate Agents show houses for living, not for fun and prior to receiving any rewards or commissions, Good Agents are truly investing all their available time into helping you find the right investment property or a new home.

Be honest with Your Real Estate Broker about potential pre-approvals from bank, funds transfers and other formalities as quite often even if you are not ready to buy today, Experienced Real Estate Broker will be able to advice you on steps to take to prepare yourself and be ready to start house hunting as soon as possible, potentially also recommend the best bank or the best banker to apply for bank account opening or mortgage with.

Finally, if there's anything that needs to be discussed or clarified further, don't hesitate to ask questions! Your real estate agent will be more than happy to answer any queries you have and provide more information on the properties they are helping you with.

FAQs About Finding a Real Estate Agent in Dubai

You probably have a ton of questions about finding the right real estate agent in Dubai, and that's totally normal. Here are some of the most commonly asked questions to help you out:

• How do I find a real estate agent? Try reaching out through your network and using online resources like Google or Instagram.
• What are some key qualities to look for in a real estate agent? Look for an experienced and knowledgeable agent who is also communicative and  organized.
• How much will it cost me? Most of the real estate agencies charge commission as per standard rate, which is typically 2-5% of the selling price for secondary market sales (2% paid by the Buyer and 2-3% should be paid by the seller to cover marketing and other fees related to sale of property). For New Developments / Offplan sales on primary stock we are not charging any Agency Fee, so it is 0% commission on all properties you might like by Developers.
• Always choose to buy developers stock through a real estate broker rather than direct developer as Experienced Real Estate Broker can always do the comparison for you and free of charge as commission is being paid by the developer in this case. Advantage of choosing a brokerage to do the comparison of countless projects of Dubai, is not only that Real Estate Brokers have an excellent knowledge of many different projects, but they are more likely to give you an honest advice on which area and projects have potential of capital appreciation over the years, as well as advise on reputable developers and their projects. 

When choosing a Real estate Agent in Dubai, it is important to do your research and ask the right questions. We at Tereza Estates are experienced, fully licensed by Real Estate Regulatory Agency of Dubai Land Department and qualified to assist both sellers and buyers. When helping with selling or buying properties in Dubai we always make sure the process is as pleasant and hassle - free for you as it gets, as buying or selling real estate can sometimes be stressful, but when you choose the best real estate agent it can be a pleasant and exciting journey on the way of finding the perfect place to call a home or selling your property to move onto the next one.