Post-pandemic real estate market in the UAE has been experiencing  a real boom.

The number of only registered real estate brokers reached nearly 12,000 in Aug 2023 according to the Dubai Land Department, which shows 34% increase in comparison with 2021.

Most of these new born brokers have little to no experience in Real Estate in Dubai, very poor knowledge about the city, history of market cycles and prices in different areas of Dubai where they sell properties to their clients.

But the bigger problem is that there are so called “freelance” agents who are not even employed with any real estate company and are not licensed by RERA but they use their network and successfully close the deals.