Dubai realty brokers net Dh820m in H1 commissions

There are now 5,866 brokers operating in the emirate, with 2,340 offices

Dubai’s real estate brokers did well for themselves in the first six months, recording Dh820 million in commissions. There are now 5,866 brokers operating in the emirate, with 2,340 offices.

According to Yousuf Al Hashemi, deputy executive director of Rera, the regulatory arm of the Land Department, “Our brokers come from a variety of different nationalities, so they have the ability to provide a true picture of the global investment environment that characterises Dubai. As part of their rights, there is a set of laws that defines and regulates their commissions.”

This article was originally published here on gulfnews.com

The article image was originally published here on shutterstock.com