Date: August, 22nd, 2022

QUOTATION

Proposed Business: REAL ESTATE

Real Estate Buying & Selling Brokerage (External Approval from RERA)
Activity Code 6820004
Activity Group Real estate
License Type Professional
Activity Description Includes firms mainly engaged in mediation between the seller and the
buyer in order to complete real estate transactions and sales, whether finished or off-plan
properties before the completion of the project, provided that these projects are registered
with the Real Estate Regulatory Agency and have an approved escrow account, among the roles
of the broker is the marketing and promotion of the properties through unified contracts and
agreements approved by the Real Estate Regulatory Agency

Buying and selling of real estate (External Approval from RERA)

Activity Code 6810001
Activity Group Real estate
License Type Commercial
Activity Description Includes firms engaged in buying and selling real estate, such a s residential
and non-residential buildings and land, such firms are not allowed to practice the activity
no.6499004 " Real Estate Development

Leasing and Management of other people's property

Activity Code 6820001
Activity Group Real estate
License Type Professional
Activity Description Includes firms engaged in managing commercial, residential, industrial
buildings through contracting with the owner in order to re-lease on subcontracting bases also,
handling contractual arrangements with the firms in- charge of maintenance, security and as
well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage
Real Estate Services Center (External Approval from RERA)

Activity Code 6820101

Activity Group Real estate
License Type Professional
Activity Description It’s a center established after signing agreement with Land Department to
provide various real estate services under one roof, the services involve consultancies, real
estate preference service which aims at attracting wealthy people and the thought leaders
through attracting foreign investments and boosting of sales and real estate transactions,
provision of investment unified investment window service on behalf of the department to
enable users to browse and access the information on the real

Real Estate Registration Agent (External Approval from RERA)

Activity Code 7490011
Activity Group Real estate
License Type Professional
Activity Description Includes firms permitted by Land Department to undertake registering real
estate transactions via computerized system, it involves buying and selling contracts, real estate
mortgage, leasing, right of usufruct between parties, terms and conditions pertaining said
services should be preserved, these firms will be inscribed in the agents register.
Real Estate Valuation Services (External Approval from RERA)
Activity Code 6820006
Activity Group Real estate
License Type Professional
Activity Description This includes the appraisal and assessing the value of fixed property such as
plots of land and building for various reasons at the request of specialized surveyors or by
official authorities.

Real Estate Development (External Approval from RERA)

Activity Code 6499004
Activity Group Real estate
License Type Commercial
Activity Description This refers to companies established for the development and founding of
real estate projects which include housing and commercial complexes, tourism projects, and the
development of the infrastructure and leisure facilities for such projects. It also covers the
selling of the property or projects per the free hold ownership law of property whether owned
by the license holders or another party through a contract signed between the developer and
the land owner and registration of the contract in the Escrow Accounts Department ahead of
the commencement of the project.

Real Estate Training Institute – (External Approval from KHDA)

Activity Code 8549005
Activity Group Real estate
License Type Professional
Activity Description Includes firms specialized in offering training to professional to acquire
knowledge in real estate as regarding, property selling and renting brokerage , appraisal ,
mortgage and development.

Real Estate Management Supervision Services (External Approval from RERA)

Activity Code 6820014
Activity Group Real estate
License Type Professional
Activity Description Includes firms specialized in managing and supervising properties as
regarding contracting with the firms in charge of maintenance, cleaning and security services,
handling the administrative issues for the property's owner, coordinate with lease brokers to
find tenants for vacant units in the building, these firms are not allowed to practice selling,
leasing or releasing properties

Real Estate Services Trustee (External Approval from RERA)

Activity Code 7490019
Activity Group Real estate
License Type Professional
Activity Description Includes firms permitted by Land Department to provide real estate services
via computerized system, it involves registering tenancy agreements in Ejari, undertake
registration in the training courses, issuance of “to whom it may concern certificates”, the
regulations pertaining to any of these services should be preserved.

Real Estate Promotion Trustee (External Approval from RERA)

Activity Code 6820013
Activity Group Real estate
License Type Professional
 Activity Description Includes firms conducting property promotional services via computerized
system provided by Land Department, it involves promotions to attract investments, answering
customers Inquiries, as well as other related real estate services as per each service regulations.

Business Setup Charge:

Name Registration, initial approval, payment voucher, MOU, establishment card: Upto 3000
License cost: Approximately 14,000 (100% ownership) based on the number of partners
External Approval – RERA: 5000
Virtual Ejari: 5000 (if needed)
Service Fees: 6,000

NOTE:
 Total cost will be paid by the client to begin the process.
 Client will receive a copy of all related bills, receipts and invoices on completion of work.
 Government charges are subject to change, any extra payment made by the client will be
refunded at the end of the process.
 The client will pay any extra charges incurred during the process apart from the charges
mentioned above.
 After Business Setup we can assist you on labour file opening and visas
 Other Services: Bank Account Opening