Denis Chernikov
← Denis Chernikov

Selling a business in the UAE.

In short: six to twelve months from mandate to completion, and the price is largely decided before the first buyer is approached. What determines it is not last year's revenue — it is whether that revenue continues once you leave.

Most businesses that go to market in the Emirates are not ready to be sold. That is not a criticism of the owners — it is a description of how small businesses are run everywhere. But it has a price, and the price is paid at the negotiating table.

What a buyer is really assessing

Not your revenue. Whether your revenue continues without you.

Contracted clients, documented processes, a team that knows what it is doing, filings that are current, a licence that matches the business — these are what turn a set of numbers into an asset. Their absence is what turns an asking price into a starting point for discount.

Preparation, before anything goes to market

ItemWhy it matters
Accounts in orderUnverifiable numbers are discounted numbers
Corporate tax registered and filedPenalties attach to the entity the buyer inherits
Contracts in writingVerbal arrangements do not transfer
Licence activities matching realityMismatch complicates transfer and banking
Lease and assets in the company's nameAnything personal is excluded or renegotiated
Owner dependency reducedThe largest single driver of multiple

Preparation typically takes one to three months. It is the highest-return work in the entire process, and it happens before a single buyer is approached.

Where sellers lose money

Going to market unprepared

The first serious buyer becomes the auditor. Every gap they find becomes leverage, and the price moves in one direction only.

Talking to too many people

Word travels in this market. Staff hear, clients hear, competitors hear. Confidential process with a qualified shortlist protects both the price and the business itself.

Unverified buyers

A significant share of people who express interest in buying a business cannot fund the purchase. Months disappear this way. Verification comes before disclosure, not after.

Treating the asking price as the negotiation opener

An inflated ask filters out the serious buyers and attracts the ones who want to negotiate for sport. A defensible number, supported by how it was reached, moves faster.

What I do

  • Assess what the business is realistically worth and why, before any marketing begins
  • Identify what to fix first, in order of impact on price
  • Coordinate preparation — accounts, filings, contracts, licence — through specialists
  • Approach a qualified buyer pool confidentially rather than advertising the business
  • Verify every buyer's capacity before anything substantive is disclosed
  • Manage negotiation and the transaction through to licence transfer, banking and handover

Retainer from AED 10,000/month, credited against the success fee

Success fee 10% on transactions up to AED 2M (minimum AED 75,000), Double Lehman scale above that, 3–5% above AED 10M. Third-party costs — audit, legal, government fees — are separate and paid directly by the client.

Common questions

How long does it take to sell a business in the UAE?

Six to twelve months from mandate to completion is realistic, and preparation is a meaningful part of it. Businesses that go to market with clean records, filed returns and documented contracts sell faster and at better prices than businesses that are cleaned up under pressure once a buyer is already asking questions.

How much is my business worth?

Small and mid-sized UAE businesses generally trade on a multiple of sustainable annual profit, adjusted for how transferable that profit is. The single largest factor is whether earnings survive the owner's departure: contracted, recurring revenue commands a materially higher multiple than revenue that depends on the founder's personal relationships.

What should I fix before going to market?

Audited or at least properly prepared accounts. Corporate tax registration and filings up to date, even where no tax is due. Contracts in writing rather than by understanding. Lease and licence in the company's name with activities matching the actual business. Any related-party arrangements documented. Each of these is a discount waiting to be applied if a buyer finds it during diligence.

Who buys businesses in the UAE?

Three broad groups: individuals seeking an operating business as a route to residency and income, existing operators consolidating in the same sector, and investors from outside the Emirates looking for a foothold with cash flow. Each values the same business differently, which is why buyer selection matters as much as buyer count.

Do I have to disclose everything to a buyer?

A serious buyer will find what matters during diligence, and finding it late is what kills deals and prices. Managed disclosure — surfacing issues early, with an explanation and, where possible, a fix already in progress — consistently produces better outcomes than hoping something stays hidden.

What does the broker's fee cover?

Preparation, valuation support, confidential marketing to a qualified buyer pool, buyer verification, negotiation, and management of the transaction through licence transfer, banking and handover. The fee is contingent on completion; the retainer covers the preparation phase and is credited against it.

If you are considering a sale — this year or in two years — describe the situation →. The earlier the preparation starts, the better the outcome.

Describe your matter

Two or three sentences on the substance. I respond within one business day.

Please do not send confidential documents at first contact.

Reviewed by Denis Chernikov, Private Client Advisor, nine years in the UAE private client sector.