Dubai’s real estate sector saw 4,049 new activities registered in the first half of the year, highlighting the city’s rising status as a top investment hub and the broad spectrum of opportunities available to investors and service providers in the market.
This upward trend is supported by a robust regulatory system that facilitates seamless real estate operations and enhances market transparency. Central to this framework is the Dubai Land Department’s ‘Trakheesi System,’ which serves as the official platform for registering and initiating key sector-related activities.
Using the Trakheesi System is compulsory for activating various real estate services, such as property buying and selling brokerage, leasing brokerage, property management supervision, valuation, land and real estate trading, co-owned property management, real estate consultancy, mortgage brokerage, and mortgage advisory services.
Certain other real estate services also require prior approval from the Trakheesi System. These include real estate development, leasing and property management for both private and third-party assets, as well as functions performed by real estate service and promotion trustees.
Among the most common activities, property sales brokerage led the way with 2,301 registrations, followed by leasing brokerage services with 1,279, underscoring the growing broker network and its importance in serving both landlords and tenants. Additionally, 273 activities related to land and property trading were also recorded.
