Are you looking forward to investing in Dubai’s commercial real estate? We would like to mention that this is the best time to opt for the same. The UAE government has already brought a new 10-year UAE visa policy and made amendments in commercial laws. A plethora of businesses and investors are switching to Dubai more than ever. Commercial properties investment is one of the crucial factors for every investor/business owner who is dreaming of a business in the trading hub city.
Hence, you need to gather relevant information about these properties before buying anything. Keep scrolling and reading to know every useful aspect in -depth.
Major Dubai Areas To Buy Commercial Properties
1. AL Quoz area in Dubai
AL Quoz is another popular area in Dubai getting huge commercial investments. Being loaded with plenty of factories, warehouses, offices, shops, the buyer can ideally explore around to make a suitable selection. Not just commercial properties on sale, the commercial district is even a worthy source for rental plots.
Located in the southern part of the community, Al Quoz greets both Emiratis and expats with best-in-class & affordable commercial properties. Choose the warehouse for sale in the area to gain diverse benefits. If you’re interested in purchasing or renting the commercial units, the starting price is around AED 231 per sq. ft.
2. International City area in Dubai
International City can be an ideal area to make a commercial property investment. You can buy plenty of shops in the residential area. With the ease of access to industrial areas, the place is divided into ten clusters and referred to as countries' names. It is one of the most budget-friendly areas to have your next commercial space for business operations.
International City is highly preferred by residents & yet ideal for the commercial environment. The starting price could be around AED 596 per sq. ft. for investing in shops that are ready for sale. It is suitable for new businesses that cannot invest in the beginning. Explore around and there would be plenty of deals waiting for you.
3. Business Bay area in Dubai
For a lot of investors who are seeking to purchase commercial properties, Business Bay can be an end to your search. It is one of the preferred areas to invest in commercial spaces. The market has the entire corporate culture and vibes to serve value & ease to the ventures. Major industries and logistics companies are choosing Business Bay as it is in easy reach to business centers and transportation facilities. Dubai International Airport is just a 15-min driveway from this area. Furthermore, Business Bay brings a load of commercial property categories ranging from commercial floors, office areas, and full-fledged floors capable of handling bulk demands. The average price for offices is AED 908 per sq. ft & for shops is AED 1.6k per sq.ft.
4. Jumeirah Lake Towers (JLT) In Dubai
Jumeirah Lake Tower is also referred to as the JLT area in Dubai and brings a diverse variety of commercial space units. It is highly suitable for all those who are looking forward to renting or purchasing shops. You can find plenty of properties on sale with a pure mix of varieties like commercial floors, shops, and offices. Surrounded by the residential areas is also one major factor that increases its investment worth.
JLT is a free zone area serving the demand of both commercial and residential space in Dubai. It wouldn’t be wrong if we say that the place is the biggest contributor to the emirate’s commercial real estate market. Expand the venture among the competitive atmosphere and get the ease of working with easy accessibility. The area is well connected to other useful services like markets, malls, banks, ATMs, etc. Currently, the price of office facilities is AED 738 per sq. ft. and shops at the starting price of AED 1.3k per sq. ft.
5. Jebel Ali area in Dubai
If you’re searching for the best real estate agency in dubai, Jebel Ali can be the game-changer location for a venture. Not just plenty of commercial plots and properties available in the area, it has the largest ports and business hubs of the city. Mostly, businesses dealing in trade, logistics, and manufacturing prefer to go to Jebel Ali. Located in the Southern part of Dubai, Jebel Ali free zone area has 7000+ companies of multiple niches. It is also referred to as the Middle East’s busiest port & provides labor camps & warehouses. In general, the price of warehouses and industrial units starts from AED 168 per sq. Ft & can be your best bet in Dubai’s flourishing market.
FREQUENTLY ASKED QUESTIONS
What are all worthy areas to buy commercial space in Dubai?
You can check some of the prominent places mentioned above. Apart from them, you can look for investment companies in Dubai Marina, Deira, Dubai Silicon Oasis, Downtown Dubai, Dubai Investments Park, etc.
Where to look for rented commercial properties in Dubai?
All the above-mentioned areas are suitable for searching rented properties too. You can explore both sale and on-rent commercial units in alternate areas.
What are all types of commercial properties available in Dubai?
Dubai is a business hub with countless commercial properties to choose from. There is hardly any place with such a variety of spaces to start or operate businesses. You can check out shops, plots, offices, commercial warehouses, and many more.
Where should we search commercial properties in Abu Dhabi?
Those who are in search of commercial properties in the capital city should start exploring choices. While some areas provide affordable properties, others focus more on those having multiple amenities.
That brings us to the conclusion of our research on top-notch areas to buy commercial places in Dubai. We hope the shared information proves valuable for new investments. We recommend doing a bit more research on the areas for assurance with investment security. If you’re not sure, seek the advice of professional real estate agents in Dubai. We would love to hear about your favorite area in the comment section below.