What are the roles and responsibilities of real estate developers in Dubai?

Real estate developers act as a bridge between the construction crew and the real estate agents. As we all know, the real estate industry is currently on the rise, and the demands have exceeded the supply. The real estate developers are working hard to maintain the connections between them. The real estate agents provide adequate information to the developers so that they are able to cater to the customers’ needs. In this article, I am going to discuss the real estate industry in the UAE. Being the most wanted place to launch and prosper in businesses, the UAE, or more precisely, the capital city of the UAE, Dubai, It is one of the most populated cities in the country. With its massive infrastructure and rising corporate offices, people flock to this country to be among the best of the best.

If you are in Dubai, the estate agent directory of the UAE will help you connect with the most talented real estate agencies in Dubai. These agencies have the correct information regarding any kind of real estate that you may be interested in investing in. The real estate agents will help you buy, rent, or sell apartments, houses, villas, commercial properties, etc., as per your arrangement. These agents are highly skilled and educated. They have the proper knowledge regarding the real estate of the place, and they will show you properties from the best real estate developers. The real estate agents in Dubai have connections with different kinds of real estate developers. These developers may be project owners or contractors on a project. These developers flourished more in recent years, thanks to the Dubai government. According to the government, foreigners were also eligible to invest in the real estate industry. This helped with the influx of lots of international investors, which contributed to the rise of real estate developers. The Real Estate Regulatory Authority (RERA) was approved in July 2007. This system regulated the Dubai real estate markets, real estate developers, and real estate agents in Dubai. You have to be registered with RERA before you make any further investments in the real estate industry in Dubai.

A good real estate developer should be prepared to devote the maximum amount of time to their work. They should be ready to travel to other places to look after their developing properties. They must know how to manage and organise a team of contractors, architects, builders, etc., and must be able to deal with politicians and the law of the place as well. The developers should be well aware of and respectful enough to follow the written laws of the government of the place. Proper licencing and maintenance of documents are non-negotiable parts that you have to follow if you are aiming to be a real estate developer.

Here are some more responsibilities of a real estate developer:

1. They should be in perfect liaison with the real estate agents in Dubai. They should be in perfect coordination with them so as to better understand what the customers want.

2. They should have a proper knowledge of market trends and be up-to-date with them.

3. All legal and necessary documents should be acquired before starting a project.

4. They should be aware of any legal dues on the land they will be working on.

5. They should be able to explain certain terms in real estate, such as carpet area, built-up area, and super-built-up area, along with the plan and specifications of the project of their customers.

6. They should be up-to-date with the real estate agent directory of the UAE so that they can work with some of the brightest minds in the country.

7. Developers should be able to predict and be prepared accordingly for any unforeseen circumstances.

8. They should avoid any kind of delay in finishing the project. If at all, because of any unfortunate scenario, the project will be delayed, prior and proper information should be given to the clients, as well as the real estate agents in Dubai who are dealing with the said property.

9. They should be cordial and polite while dealing with clients.

10. They should avoid building on green areas or any open play areas.

I believe that these are some of the points that new real estate developers and existing developers should keep in mind before embarking on any new project. The real estate agents in Dubai must also be informed about any up-and-coming projects, the nature of them, and what land they are being built on.