Thinking of becoming a Dubai Real Estate Agent? Here’s Why It Makes Financial Sense
If you’re a UK resident considering a career change or an exciting new chapter abroad, becoming a real estate agent in Dubai could be one of the smartest moves you make. Dubai’s booming property market, high earnings potential, and tax-free income make it a magnet for ambitious professionals.
Let’s dive into why you should seriously consider this path.
How Does the UK Salary Compare to Dubai?
In the UK, the average annual salary across is about £36,834, which works out to roughly £2,500 per month (or AED 12,182). In Dubai, the story is very different.
The average real estate agent’s annual salary in Dubai is around AED 300,000, about £61,000 per year, or £5,000 per month. This is more than double what people make in the UK.
Those who are real estate agents in the UK often find that their earnings are capped by local market conditions and, of course, UK taxes.
Bigger Properties, Bigger Commissions
Dubai’s real estate market is high-value and fast-moving with the average price for a villa or townhouse around AED 8 million (£1.7 million), with the average yearly rentals at AED 332,392 (£70,870).
With each sale or rental, agents receive a commission, which is a percentage of the property value. With properties being on average, higher than in the UK, agents can earn much higher commissions per deal.
Realistic Earnings with Allsopp & Allsopp
At a leading Dubai agency like Allsopp & Allsopp, new agents can expect to make around AED 470,000 in their first year, that’s £100,000 annually, or £8,300 per month. And the best part? This is tax-free income.
Why Is Dubai So Tax-Friendly?
The UAE doesn’t charge personal income tax and due to the UK and UAE having a double taxation treaty you avoid being taxed twice. So if you’re a UK citizen living and working in Dubai your salary will not be taxed.
This means what you earn is yours to keep.
Ready to Make the Move?
If you’re seeking a career with better earning potential, a dynamic market, and a lifestyle upgrade, becoming a real estate agent in Dubai could be the opportunity you’ve been waiting for.
“Having worked with Allsopp & Allsopp for almost a decade, I can speak first hand on the benefits that have come from living and working in Dubai for our team” says Kameron Hutchinson, Recruitment Director. “Paying zero income tax allows you to save more and invest into your future rather than seeing your hard earned salary take a hit from income tax each month” he adds.
Whether you’re new to real estate or looking to take your career global, Dubai offers a thriving market with huge rewards.
Interested in learning more about relocating and starting your real estate career in Dubai? Get in touch with our recruitment team now to explore your options and how you can get started!
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Emily Bates, PR & Communications Manager +971 58 598 6637