How to Open A Real Estate Brokerage in dubai? Well, in the UAE setting up a real estate company is very easy and can be accomplished with very little cost. For example in Dubai, you can start an LLC (Limited Liability Company) and still remain 100% foreign-owned without even setting foot in the country. In most cases, all that is required is a notarized copy of your passport, bank statement, and visa (for partners). You will also see a lot of information about Free Zones but if you don’t plan on conducting export-related activities, you won’t need to get involved with them.