Average Income of Real Estate Agent in Dubai, UAE in 2024

As Dubai becomes the most favourable destination for real estate investment, the real estate agent is a promising career in the city. When people across the world think about the income of real estate agent in Dubai, this blog will let you know how much an agent can earn.

Here we will reveal the average income of Dubai’s real estate agent for 2024. Even, we will discuss how the income distribution works including data points like bonus, experience, income amounts, percentiles and other factors.

What is the income of a real estate agent in Dubai?

Typically, Dubai’s real estate agent earns about 221,500 AED a year. But the average low income of the real estate agent is 108,300 AED to average high 349,000 AED. 

• Average Annual Income- 221,500 AED
• Average Monthly Income- 18,458 AED
• Lowest Annual Income- 108,300 AED
• Lowest Monthly Income- 9,025 AED
• Highest Annual Income- 349,300 AED
• Highest Monthly Income- 29,108 AED

These incomes of real estate agent in Dubai include transport and housing too. But it is naturally possible for the agent to earn less or more than the mentioned average income. The incomes of real estate agent greatly depend on skills, location and experience as well.

What is the distribution of earning for a real estate agent in Dubai?

Now, you know average income of real estate agent in Dubai, it’s time to check the income distribution.

• Income ranges

The income of any real estate agent in Dubai can range from 108,300 AED to 349,000 AED. These minimum and maximum values help in calculating the income variability. So, employers can determine how much to pay to the employees. Even, employees can determine how much they will earn. 

• Median income

Median income of any Dubai’s real estate agent is 228,500 AED. It is the middle value for income distribution and it means 50% of population get more than 228,500 AED and rest of population get less than 228,500 AED.

If an agent earns more than 228,500 AED then the income is quite good. In case, you belong to less than the median income then find out the way to increase the income. You can ask for a rise or look for a better paying job as well.

• Percentiles

It is identical of median but rather than considering middle value it considers bottom and top half of income distribution. Around 25% of real estate agent in Dubai earns below 152,100 AED while 75% of agents get income higher than 152,100 AED.

Similarly, 75% of agents get income below 294,700 AED and 25% of agents get higher than 294,700 AED. In this case 75^th and 25^th percentile earning help in determining in which quartile an agent belongs. Accordingly, they can figure out if payment is well or not in contrast to location and profession.

Income of real estate agent in Dubai by their experience

Once you are in a particular profession, income will be determined depending on the experience. As more experience a person has as high the income will get.

Here, we mention a list of income of Dubai’s real estate agent based on experience. Have a look at the list.

• 0-2 years of experience- The agent with less than or 2 years of experience can earn up to 128,500 AED.
• 2-5 years of experience- If the agent has 2-5 years of experiencethen the average income will be 168,100 AED.
• 5-10 years of experience- When the agents have experience of 5-10 years their average income will be 228,000 AED.
• 10-15 years of experience- Once the agent gains more than 10 years of experience the income can increase up to 282,500 AED.
• 15-20 years of experience- After being in the profession and industry for about 15 years the income will increase to 305,600 AED.
• 20+ years of experience- Serving this industry for long 20 years can increase the income of a real estate agent to 325,600 AED.

 

Income of real estate agent in Dubai by their education

Apart from job experience, educational qualification has an integral role to play how much to earn as a real estate agent in Dubai! Some high paying job roles deem a high educational level but can degree really make a difference? Let’s find out!

Income or your monthly income is somehow proportional to your education. Moreover, career path you choose and location also impact the income you earn.

Here we mention average income of real estate agent in Dubai depending on the education of employees. Let’s see the difference education makes in income.

• High School- The real estate agents in Dubai with high school degree can get income of 168,100 AED
• Diploma or Certificate- If any real estate agents in Dubai hold diploma or certificate then they can earn up to 239,000 AED
• Bachelor’s Degree- Any Dubai-based real estate agent with bachelor’s degree can get income of 327,000 AED.

Average pay raise of real estate agent in Dubai

In almost every country, employees get annual pay raise in terms of income increase for rewarding their service towards a company or organisation. The average pay raise for Dubai-based real estate agent is 11% at an interval of 17 months. On the other hand, the average national pay raise of the country for other jobs is only 8%.

Incentive and bonus rates of real estate agent in Dubai

There is another overall compensation a real estate agent in Dubai receives. This compensation comes as bonus and in this kind of job roles the bonus rate is comparatively higher.

Generally, any jobs that involve generation of direct revenue will get high bonus depending on performance for revenue goals. So, real estate agent is high-bonus job and almost 80% agents claim to receive one bonus in a year. There are only a few percentages of agents who claimed not to receive any bonus in a single year.

Earning of other professions in Dubai similar to real estate agent

In the given table, we mention income information of other jobs in Dubai much similar to real estate agent. Have a look at the table.

Job Title	Category	Income
Acquisition Associate	Real Estate	197,600 AED
Assistant Leasing Manager	Real Estate	253,400 AED
Assistant Property Manager	Real Estate	267,100 AED
Brokerage	Real Estate	195,200 AED
Brokerage Clerk	Real Estate	93,340 AED
Commercial Leasing Manager	Real Estate	426,700 AED
Commercial Real Estate Manager	Real Estate	420,100 AED
Community Development Manager	Real Estate	378,300 AED
Compliance Specialist	Real Estate	196,800 AED
Development Coordinator	Real Estate	200,000 AED
Director of Real Estate	Real Estate	448,500 AED
Lease Administrator	Real Estate	243,000 AED
Leasing Agent	Real Estate	197,600 AED
Leasing Consultant	Real Estate	233,900 AED
Leasing Manager	Real Estate	283,400 AED
Lettings Assistant	Real Estate	93,660 AED
Portfolio Analyst	Real Estate	351,900 AED
Portfolio Manager	Real Estate	499,300 AED
Property Acquisition Agent	Real Estate	172,400 AED
Property and Claims Specialist	Real Estate	246,500 AED
Property Manager	Real Estate	308,900 AED
Property Operations Manager	Real Estate	417,200 AED
Property Tax Assistant	Real Estate	204,000 AED
Real Estate Administrator	Real Estate	214,000 AED
Real Estate Analyst	Real Estate	268,900 AED
Real Estate Appraiser	Real Estate	209,700 AED
Real Estate Appraiser	Real Estate	214,000 AED
Real Estate Appraiser	Real Estate	221,500 AED
Real Estate Assistant	Real Estate	197,600 AED
Real Estate Association Manager	Real Estate	277,400 AED
Real Estate Broker	Real Estate	187,500 AED
Real Estate General Manager	Real Estate	406,300 AED
Real Estate Project Director	Real Estate	392,300 AED
Real Estate Project Manager	Real Estate	365,400 AED
Real Estate Sales Agent	Real Estate	215,100 AED
Real Estate Valuer	Real Estate	222,300 AED
Research Analyst	Real Estate	180,300 AED
Residential Advisor	Real Estate	231,000 AED
Residential Property Manager	Real Estate	288,700 AED
Shopping Center Manager	Real Estate	455,400 AED
Town Planner	Real Estate	424,300 AED

 

Conclusion

It is clear that Dubai offers exciting and attractive income opportunity to the real estate agents. With so many upcoming projects and a wide array of services including property management, property assessment, rental management and others the income of the agents differ to a great extent.

Whether you want to make an investment or need professional advice and any other kind of real estate services, an agent can offer the best help. Find real estate agents in Dubai from here and choose the one that meet your requirements.