Dubai real estate brokers explain the fiercely competitive real estate market

According to Firas Al Msaddi, CEO of Fam Properties, “I would say only 20% of brokers currently are really doing well.”

“Three to 5 other brokers lose out on a deal, and brokers who rely on commission do not receive any compensation.” They will not be able to make any sales for more than six months.

In 2019, there were 4,500 registered brokers and 1,240 real estate agencies in Dubai, which managed 38,600 sales valued at Dh78.8 billion ($21.4 million), according to data from the property intellect portal DXB Interact.

There are now 27,000 brokers and 7,900 agencies six years later. In 2025, 45,485 real estate transactions totalling Dh142.7 have been completed.

In conjunction with the Dubai Land Department, a real estate summit will be held at Coca-Cola Arena on May 16 to discuss the most recent trends, laws, and guidelines for brokers and the best real estate agents in Ajman-UAE.

To swim or sink

Rami Wahood, who has been selling real estate in Dubai as the start of 2013, stated that it is still a challenging market to enter.

“Some developers only work with reputable and esteemed agencies, while others collaborate with anyone,” he stated.

Developers pay between two and six percent. I’ve heard of brokers returning their entire commission in an attempt to curry favour with the developers.

“They hope to gain access to greater projects or bigger rewards in the future because that improves their sales ranking.”

Three months ago, Aida Mateu, a Spanish woman who had previously worked in Barcelona as an adolescent psychologist, moved to Dubai to pursue a career in real estate.

Booming Population

Approximately 90,000 new residents moved to Dubai in the first quarter of 2025, bringing the emirate’s population nearer to the historic four million mark, according to consultants ValuStrat.

Last year, Dubai’s housing market broke the Dh500 billion (USD136.1 billion) yearly sales mark for the first time in record transactions.

Business Bay, Jumeirah Village Circle, Dubai Hills Estate, Dubai South, and Motor City were the best-performing neighbourhoods.

The emirate is dwelling to numerous registered real estate brokers hoping to profit from the rapidly increasing demand for apartments, townhomes, and villas in a rapidly expanding city.