Filipino Homes gets license in Dubai

Filipinos can now invest in the United Arab Emirates' (UAE) real estate market after Filipino Homes secured a property broker's license in Dubai.

The move opens "legitimate, professional opportunities for cross-selling," said Anthony Leuterio, founder and chief executive of Filipino Homes.

"Brokers in the Philippines can now market and sell Dubai properties in partnership with us," Leuterio said in a statement.

Filipino Homes, one of the Philippines' largest real estate platforms, will operate in Dubai through its international arm, FHI Global Properties. This allows them to legally and actively engage in property transactions in the emirate.

"Brokers in Dubai can now partner directly with Filipino Homes to co-manage property listings, creating new channels for collaboration between real estate professionals in the Philippines and the UAE," the firm said.

Leuterio noted a growing demand for Dubai properties, driven by foreign investors seeking "golden visas."

"A lot of foreigners and Filipinos want to invest in Dubai but don’t know brokers who are licensed there. Now, through FHI Global Properties, they have a trusted, Filipino-owned agency they can rely on," he said.

The firm added that Philippine-based brokers would also be able to participate in international transactions. Overseas Filipino workers in Dubai can also choose to become part-time brokers or full-fledged real estate professionals through Filipino Homes.

"We can now collaborate with developers in both countries, leveraging our globally competitive systems and platforms. Filipino Homes is ready to facilitate business both ways—selling Dubai properties in the Philippines and Philippine properties to Dubai-based investors," Leuterio said.

"Dubai is number one in the world in terms of real estate systems. We want to bring that experience and innovation to the Philippines so we can compete internationally," he added.

Filipino Homes' entry into Dubai's real estate market aims to empower Filipino investors, brokers, and aspiring agents both domestically and internationally.