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Why do real estate professionals need Trakheesi System in Dubai?

July 29, 2021
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About Trakheesi System in Dubai
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Trakheesi is an online portal that was introduced by the Dubai Land Department, this offers a variety of smart services for real estate professionals and other key stakeholders.

More about Trakheesi:

Trakheesi system was set up by DLD (Dubai Land Department) with the aim of providing a variety of services to real estate professionals. The services provided in this portal include license, permit, e-card, and much more for the real estate agents in Dubai.

This Trakheesi system integrates with Dubai Economic Development (DED) to get the collect the real estate data. It also syncs licensing information from the respective firms and offices upon any changes to the license procedures including a trade name change, licensing renewal, and other information.

Real Estate License

The services offered by Trakheesi includes:

The most popular services included in Trakheesi includes-

Real Estate License:

 

Real Estate businesses in Dubai can only be operated with a valid license, so whether you are a realtor, starting a brokerage firm, or building a property consultancy firm, it is compulsory to have a valid license.

Trakheesi Dubai deals with the issuance and renewable of several licenses for real estate companies to work in Dubai. These include Free Zone, Developer, and Deed Licences, among others.

The following list of entities in the real estate sector can get licenses from the Trakheesi system:

  • Mortgage Consultancies
  • Mortgage Brokers
  • Consultancies & Developers
  • Leasing and Selling
  • Real Estate Services Trustee
  • Registration Trustee
  • Exhibition Organizers
  • Owner’s Management
  • Management Supervision
  • Valuation Services
  • Property Inspection
  • Leasing and Management (Self-Owned)
  • Leasing and Management (Others)
  • Real Estate Representatives

How to apply for real estate licenses?

This is the procedure that needs to be followed in order to get a real estate license through the online Trakheesi portal:

  • Visit the Free Zone authority on DED and then submit your request.
  • After receiving the approval visit the official Trakheesi website.
  • Click on the ‘Register’ option.
  • Fill in all the required information and also submit all the necessary documents.
  • Print the hard copy of the approval form.
  • Visit the DED or Free Zone authorities along with the approval form and complete all the required procedures there.
  • At last login to the Trakheesi website and update your Trade License number.

The documents required and payable fees depend on the type of license for which the real estate firm is applying.

Real Estate Permit:

Real estate agents must keep in mind that they are bound to get marketing real estate permits issued before taking any step for any kind of advertisement in Dubai. The advertisement can be of any type be it a billboard, outdoor advertisement, SMS, or any other source.

The Trakheesi permit helps to curb wrong or duplicate real estate advertisements in Dubai and also make sure that all advertised properties are being sold or leased with the permission of the legal owner.

Here is a list of some of the real estate advertisements for which you can get permits from Trakheesi:

  • Newspaper Advertisement
  • Real Estate Promotional Stand
  • Printed Advertisement
  • Advertisements by SMS
  • Promotional Campaign
  • Launching Real Estate Projects
  • Real Estate Seminar Permit
  • Billboard Advertisement
  • Electronic Advertisement

How to apply for Real Estate Permit?

Real estate professionals can apply for various advertisement permits depending on the marketing schemes and desires.

Required documents are:

  • Title deed
  • RERA form
  • Copy of the advertising form in Arabic

The procedure includes:

  • Visit the official Trakheesi Website
  • Choose the option to apply for a permit
  • Upload all the required documents
  • Fill in all the required information

After submitting the application, the permit is issued within two days.

An E-Card for Brokers:

 Once you have gone through the registration procedure and the license has been provided to you, you would be given a lot of special perks.

How to apply for an E-card for Brokers?

The brokers can get their E-card through DLD online portal. Simply log in to your account on the official website, select your required service, and fill in all the relevant information.

The required documents include:

  • Passport size Photo
  • Copy of valid passport or Emirates ID
  • Real Estate Practitioner Course Certificate
  • Certificate of good conduct

This E-card helps you conduct a lot of transactions online without any hassle. Also, you would no longer have to visit the Dubai Land Department (DLD) over small issues and problems.

Tags: DubaiGuide on Trakheesi SystemPropertyReal EstateReal Estate AgentTrakheesi SystemUAE

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