Can the Committee limit the number of brokers in Dubai?

Yes, the Permanent Brokerage Committee has the authority to consult with Competent Entities to limit the number of brokers based on market needs. They can also classify brokers according to their specific specialisations, such as residential, commer…

The full explanation

Yes, the Permanent Brokerage Committee has the authority to consult with Competent Entities to limit the number of brokers based on market needs. They can also classify brokers according to their specific specialisations, such as residential, commercial, or industrial experts. This power allows the government to prevent market oversaturation and ensure that the brokers practicing in the Emirate are of a high standard and provide necessary services that align with Dubai�s strategic development goals.

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