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Tue, 19.12.2023
Home REAL ESTATE Emirati brokers to sell up to 15% of units in Dubai amid GCC localization push

Emirati brokers to sell up to 15% of units in Dubai amid GCC localization push

by Press Room


Emiratis will not be left out of the real estate boom underway in Dubai under new localization rules rolled out over the weekend.

A tie-up with nine of the UAE’s biggest property developers — including Emaar, Deyaar, and Sobha Realty — and the Dubai Land Department will seek to have 10 to 15% of units sold by Emirati brokers.

The next phase of the program will look to establish partnerships with developers and real estate brokers so that more Emiratis can qualify to work…



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