Commercial Sales

If you’re looking for a new office location, you should definitely consider Dubai. The city offers a lot, from its incredible skyline to fabulous beaches. And, of course, it’s a great place to do business. There are many reasons why you should consider getting an office in Dubai. First, the city is home to many businesses and a major hub for trade and commerce. Additionally, the infrastructure in Dubai is excellent, with a modern transportation system and a wide range of office space options. Moreover, Dubai is a very cosmopolitan city with a diverse population and a tolerant attitude towards different cultures. If you are considering relocating your business or opening a new office, Dubai is definitely worth considering. The diversity of Dubai As one of the most cosmopolitan cities in the world, Dubai is home to people from all walks of life. This diversity is reflected in the city’s food, culture, and architecture. Dubai is a city of contrasts, where traditional and modern influences can be found. The city is home to some of the tallest skyscrapers in the world and centuries-old mosques. You can enjoy a luxurious meal at a five-star restaurant or go for a more traditional Emirati meal at a local food truck. You’ll surely find it in Dubai, no matter what you’re looking for. So come and explore this amazing city for yourself! The business opportunity in Dubai If you’re looking for a place to start a business, you can’t go wrong with Dubai. This city has a global marketplace, a thriving economy, and an infrastructure that’s second to none. And with a population of over 9 million, there’s plenty of opportunity for businesses of all types. If you’re considering starting a business in Dubai, here are a few things you should know. First, you’ll need to get a business license from the Department of Economic Development. Next, you’ll need to find a suitable location for your business. And finally, you’ll need to obtain the necessary permits and approvals from the government. With a little planning and preparation, starting a business in Dubai can be a very lucrative proposition. The city is full of red tape and bureaucracy, so you must be prepared for a long and complicated process. But if you are willing to put in the work, starting a business in Dubai can be a very lucrative endeavour. There are a lot of wealthy people in the city who are looking for new and innovative products and services. So if you have a great business idea, Dubai is the place to make it happen. The business environment in Dubai is favourable If you’re considering starting a business in Dubai, you’ll be glad to know that the business environment is favourable. There are several reasons why Dubai is a great place to do business, including its pro-business attitude, good tax regime, and world-class infrastructure. Of course, starting a business in any location comes with its own set of challenges. But if you’re looking for a place where you can give your business the best chance of success, Dubai is definitely worth considering. Dubai has a young, cosmopolitan and educated workforce Dubai has a young, sophisticated and educated workforce. The city is a hub for business and trade, and its population comprises people from all over the world. This makes Dubai an ideal place to start a company. There are many opportunities for businesses to succeed in Dubai, and the city’s infrastructure is designed to support businesses of all sizes. Dubai is well-connected to the world Dubai is well connected to the world, both physically and digitally. The city is served by two international airports – Dubai International Airport and Al Maktoum International Airport – which handle over 100 million passengers annually. Dubai is also home to the world’s tallest building, the Burj Khalifa, and the largest mall in the world, the Dubai Mall. Regarding digital connectivity, Microsoft’s City Next Index has ranked Dubai as the most ‘connected’ city in the Middle East. The city has also been ranked as one of the top 10 ‘smart cities in the world by IBM. The quality of life in Dubai Dubai is well-known for its luxurious lifestyle and fabulous beaches. But what many people don’t realize is that it’s also a great place to live and work. The quality of life in Dubai is excellent, and there are plenty of reasons why you should consider getting an office in the city. For starters, Dubai is a very safe city. It has a low crime rate, and you can feel comfortable walking around even at night. The city is also clean and well-organized, with plenty of green space. And, of course, the weather is perfect – you can enjoy sunny days all year round! In terms of work-life balance, Dubai is hard to beat. There are plenty of opportunities for leisure and recreation, so you can easily find ways to relax after a long day at the office. And if you want to get ahead in your career, Dubai is a great place to be. There are lots of international companies based in the city, so it’s easy to find interesting and challenging work. The cost of living and doing business in Dubai The cost of living and doing business in Dubai is relatively low when compared to other major metropolitan cities. The city offers a variety of affordable housing options and is home to many international companies, which helps to keep costs down. The infrastructure in Dubai The infrastructure in Dubai is excellent, with a well-developed road network, good public transport, and plenty of parking. The city also has a modern airport and seaport, making it easy to get around. In addition, Dubai has a variety of shopping malls, restaurants, and other amenities. The business environment in Dubai The business environment in Dubai is very conducive to businesses of all types and sizes. The city has a modern infrastructure, low taxes, and various business incentives. In addition, Dubai is home to many international companies, which provides a good pool of potential customers and partners. The government of Dubai is very supportive of businesses and offers a variety of incentives and programs to help them succeed. For example, the Dubai Business Center offers free office space for start-ups and small businesses. In addition, the Department of Economic Development provides a one-stop shop for business licenses and permits. There are also some chambers of commerce in Dubai that can provide valuable networking opportunities and advice. The Dubai Chamber of Commerce and Industry is the city’s largest chamber, with over 10,000 members. They also offer various services, including business counselling, market research, and training programs. To wrap things up In conclusion, there are many reasons to consider getting an office in Dubai. The city has a lot to offer businesses of all sizes, from its beautiful architecture to its thriving economy. Dubai is also a great place to live and work, with a growing expat community and plenty of leisure and entertainment options. If you’re considering expanding your business to the Middle East, Dubai is definitely worth considering.

Here is a guide to finding a commercial property for sale in Jumeirah, Dubai: 1. Select your property Choose the kind of commercial property that most closely matches your company’s requirements. This entails considering variables, including your company’s size, the nature of your goods or services, and your target market. For instance, you might want to seek a tiny storefront on a busy street if you intend to operate a small retail business. On the other hand, if you intend to open a sizable office building, you might want to hunt for a sizable commercial structure in a busy commercial area. It is crucial to understand the kind of property you require clearly; doing so will enable you to focus your search and choose the ideal property for your company. 2. Do some research about the area Find out which Jumeirah neighborhoods are best for your company by researching. In Dubai’s Jumeirah neighborhood, which lies on the shore, you may find opulent homes, upmarket restaurants, and lovely beaches. Jumeirah Beach Road, Jumeirah Lake Towers, and Jumeirah Park are a few well-liked locations in Jumeirah for commercial properties. There are numerous retail stores, cafes, and eateries on Jumeirah Beach Road. It is a well-liked location for locals and tourists, making it desirable for companies wishing to draw foot traffic. A master-planned neighborhood of high-rise structures, Jumeirah Lake Towers, offers a mix of residential and commercial assets, including stores, offices, and hotel units. A residential neighborhood called Jumeirah Park also provides commercial buildings like stores, offices, and warehouses. 3. Find available properties Search for properties that are up for sale right now. Websites like Dubizzle, Bayut, and Property Finder are just a few examples of those that feature commercial properties for sale in Jumeirah. These websites let you search for properties by location, cost, size, and property type. You can focus your search and locate properties that meet your precise requirements by using the filters available on these websites. 4. Talk to an experienced broker Speak with real estate brokers who focus on Jumeirah commercial properties. You may get more details about homes that fit your requirements from real estate agents, who can also assist you in arranging viewings. Working with agents who are knowledgeable about the neighborhood market and have a solid reputation in the business is always recommended. They can assist you in the search for the acquisition of commercial property in Jumeirah. 5. Double check accessibility of the property Take the property’s location and accessibility into account. The location and accessibility of the property should be taken into account when searching for commercial real estate in Jumeirah. Is it close to a transit hub? Is there a lot of foot movement in that area? Is finding it and navigating it simple? When picking a location for your business, keep all of these things in mind. 6. Make sure you know about the zoning of the property Check the zoning of the property. Before making an offer on a commercial property in Jumeirah, check the property’s zoning. The property should be zoned for commercial use and meet your business’s requirements. For example, if you plan to open a restaurant, the property should be zoned for commercial use and have the necessary permits and licenses for food service. 7. Carry out an inspection of the property Thoroughly inspect the property. It’s crucial to comprehensively inspect the property before finalizing a purchase. Verify your property for any potential problems, such as structural deterioration or pest infestations. A professional inspector should be hired to perform a complete inspection of the property and provide you with a report. 8. Negotiate with price and conditions With the seller or the seller’s agent, haggle over the purchase’s price and conditions. After carefully inspecting any commercial property you find in Jumeirah that satisfies your criteria, you can start negotiating the purchase price and other details with the seller or the seller’s representative. An experienced real estate agent can help you in this situation by helping you to negotiate a fair price and advantageous terms for the sale of the property. 9. Look for help from a layer Hire a lawyer to review the sales contract and help with the property purchase’s legal requirements. A lawyer should be retained to evaluate the sales contract and help with the legal aspects of purchasing the property before the sale is finalized. A lawyer can guarantee that the contract is enforceable and that all the paperwork is in place. Additionally, they may help with the ownership transfer and provide you with legal advice regarding any matters that may come up during the buying process. 10. Be ready to pay extra when needed Be prepared to pay more. It’s crucial to budget for additional expenses like transfer, agency, and legal fees when buying a commercial property in Jumeirah. When creating a budget for the property acquisition, these charges should be considered because they might mount up. 11. Keep your options open for other properties 11. Considering your funding alternatives, If you want to buy a business property in Jumeirah but lack the capital to do so upfront, you might want to consider financing choices like a mortgage or loan. In Dubai, many banks and financial organizations provide financing for commercial buildings. Before choosing a choice, it’s critical to browse and compare prices and terms. 12. Understand the market dynamics Remember that the real estate market in Dubai is dynamic. The real estate market in Dubai is dynamic, so it’s critical to monitor market trends and be ready for shifts in costs and inventory. You’ll be better positioned to choose wisely when buying a business property in Jumeirah if you remain knowledgeable and well-prepared. In conclusion, locating a commercial property for sale in Dubai Jumeirah might be difficult, but with the proper strategy, you can locate the ideal building for your company. You can find a commercial property that satisfies your requirements and falls within your budget by performing neighborhood research, searching for properties that fulfil your specifications, and working with knowledgeable real estate agents and attorneys.

Dubai is a popular destination for businesses and entrepreneurs looking to set up their operations in the Middle East. The city is home to many business parks and free zones that offer incentives and benefits to companies. The cost of doing business in Dubai is notoriously high. But, despite this, the city still attracts a large number of businesses and entrepreneurs every year. If you’re looking to set up an office in Dubai, it’s important to choose a location that is affordable and has all the facilities and amenities you need. This blog will look at the top 5 locations for affordable offices in Dubai. We will also briefly overview each location’s facilities and amenities. So, whether you’re looking for an office in the city’s heart or a more affordable option on the outskirts, this blog will help you find the perfect location for your business. 1. Al Quoz Al Quoz is one of the most affordable locations for an office in Dubai. It is located on the city’s outskirts, meaning rent prices are lower than in the city centre. There are several facilities and amenities in Al Quoz, including shopping centres, restaurants and cafes. There are also a number of schools and hospitals in the area. If you’re looking for an affordable office in Dubai, Al Quoz is worth considering. The location is ideal for businesses that want to be close to the city centre but don’t want to pay city centre prices. Many facilities and amenities are nearby, making it a convenient workplace. The average minimum rent for an office in Al Quoz is A.E.D 45,000 per year, while the maximum rent is A.E.D 450,000 per year. These rates may vary depending on the size, office location, and lease agreement type. 2. Business Bay Business Bay is a popular location for businesses in Dubai due to its central location, wide range of facilities and amenities, and strong infrastructure. The average rent of an office in Business Bay is A.E.D 150,000 per year. This provides businesses with a wide range of options when it comes to affordability. Businesses can find offices that are suitable for their budget and needs. This is one of the benefits of Business Bay being a hub for businesses. Located in the heart of Dubai, Business Bay is just minutes from some of the city’s most popular tourist attractions, including the Burj Khalifa, Dubai Mall, and the Dubai Fountain. The area is also home to world-class hotels, restaurants, and shopping malls. Business Bay is served by an extensive network of roads and highways, making it easy to get around. The area also has its metro station, which provides direct access to other parts of the city. Several office space options are available in Business Bay, from serviced offices to co-working spaces. Many business centres also offer a range of services and amenities for businesses. The area has many business facilities and amenities, including banks, conference facilities, and retail outlets. Many hotels in the area also offer accommodations for business travellers. 3. Al Rashidya Al Rashidya is a Dubai district known for its affordable office space and numerous amenities. The district is home to many large and small businesses, and its proximity to the airport makes it a popular choice for companies looking to relocate to Dubai. The average office rental price in Al Rashidya is A.E.D 30,000 per year. There are a variety of office spaces available in Al Rashidya, from small shared spaces to large private offices. The area offers world-class facilities, amenities, and employees’ excellent quality of life. The area is also well-connected, with good public transport links to the rest of Dubai. Al Rashidya metro station makes it an attractive location for businesses. The area is also home to several hospitals, schools, and malls, making it a convenient place to live and work. So whether you’re looking for an affordable office in a central location or want to take advantage of the excellent facilities and amenities in Al Rashidya, this area is worth considering for your business. 4. Dubai Media City Dubai Media City is one of the most affordable and convenient places to set up an office in Dubai. Located in the heart of the city, it offers easy access to all the amenities and facilities that businesses need. Many office spaces are available, from small one-room offices to large multi-story buildings. And with a wide range of prices and lease terms, businesses of all sizes can find affordable office space in Dubai Media City. The minimum rent for an office in Dubai Media City is A.E.D 90,000 annually. The maximum rent for an office in Dubai Media City is A.E.D 1,200,000 annually. Businesses in Dubai Media City have access to a wide range of state-of-the-art facilities and amenities. These include: A business park with over 3 million square feet of office spaceA dedicated media zone with over 1,000 companiesA knowledge village with over 100 training institutesA free zone with 100% foreign ownership The central location of Dubai Media City makes it easily accessible for businesses and employees. The area has two major highways – Sheikh Zayed Road and Emirates Road – and is just a short drive from the airport. In addition, several public transport options are available, including the Metro, taxis, and buses. 5. Jumeirah Lakes Towers (JLT) Jumeirah Lake Towers (JLT) is one of Dubai’s most sought-after business districts. The area is home to hundreds of businesses of all sizes, from small start-ups to large multinationals. JLT is also conveniently located near some of Dubai’s most popular tourist attractions, making it a great place to do business. The area offers a wide range of office spaces to suit all budgets and requirements, as well as a variety of leisure and dining options. JLT is also well-connected to the rest of the city, making it convenient to do business. JLT is home to a number of restaurants, cafes, and shops. This makes it a convenient place to take a break during the workday or to entertain clients and business partners. Some public transport options are also available, including the Metro and buses. The minimum rent for an office in JLT is A.E.D 50,000 per year, while the maximum rent is A.E.D 2 million per year. The average rent for an office in JLT is A.E.D 500,000 per year. If you’re looking for an affordable office in Dubai, JLT is worth considering. With its convenient location and ample parking, JLT is a great place to do business. These areas offer various options for businesses of all sizes and are sure to have something that meets your needs and budget. So if you’re looking for an affordable office in Dubai, check out one of these locations.

The emirate of Dubai is home to some of the most luxurious and exclusive commercial properties in the world. If you are looking for a prime location to set up your business, then Dubai should be at the top of your list. The best commercial property for sale in Dubai depends on your business needs and budget. There are many important factors to consider when searching for a commercial property, such as location, size, amenities, and price. Once you have a good idea of what you are looking for, you can start your search by visiting commercial real estate websites or contacting a broker. However, with so many great options to choose from, it can be hard to know where to start your search. This blog will give tips on finding the best commercial property for sale in Dubai. With our help, you will be able to find the perfect location for your business in no time! The Benefits of Commercial Property for Sale in Dubai The commercial real estate market in Dubai is booming, and there are many benefits to investing in commercial property for sale in Dubai. For one, the city is home to a rapidly growing population and a thriving economy. It makes an ideal location for businesses of all types. Additionally, the city offers a variety of tax incentive programs for businesses that choose to locate there. Another benefit of investing in freehold commercial property for sale in Dubai is the city’s infrastructure. Dubai is home to a modern and efficient infrastructure that includes a world-class airport, seaport, and transportation system. That’s why it is easy for businesses to connect with suppliers and customers around the world. The city is a key economic hub in the Middle East and is home to a number of major businesses and organizations. So, it is an ideal location for setting up a new business or office. Additionally, Dubai is a popular tourist destination, which can help to generate foot traffic and customers for your business. And finally, the city is home to many luxury hotels and resorts, which can provide a steady stream of potential customers for your business. If you’re looking for a place to invest in commercial real estate, Dubai should be at the top of your list. The Process of Finding the Best Commercial Property for Sale in Dubai Finding the best commercial property in Dubai for sale can be complex and time-consuming. However, it is important to remember that this process is essential to ensure that you find the perfect property for your business. There are a number of things to consider when searching for commercial property in Dubai. First, you must determine the type of property you are looking for. There are various types of commercial properties available, from office space to retail space to industrial space. Once you have determined the type of property you need, you can begin your search. Another important factor to consider is the location of the property. Dubai is a large city, and it is important to find a property in a convenient location for your business. You will also want to consider the size of the property and the price. Let’s have a look at these factors in detail. 1. What Kind of Commercial Property Are You Looking for? When it comes to commercial property for sale in Dubai, there are a few things you need to keep in mind. First, you must decide what type of property you are looking for. Are you looking for an office, retail, or something else? Once you know what type of property you want, you can start your search. There are several ways to find commercial property for sale in Dubai. You can search online, contact a real estate agent, or look for signs in the area you are interested in. Whichever method you choose, make sure you take the time to look at a variety of properties before making a decision. Commercial property for sale in Dubai can be a great investment, but you need to make sure you find the right property for your needs. With a little bit of research, you can find what you are looking for. 2. Location You can find plenty of commercial property for sale in Dubai if you know where to look. The city is full of skyscrapers and modern buildings, so there’s no shortage of options when it comes to commercial real estate. However, the location of your property is important, and you’ll need to carefully consider the location of your business before making a purchase. There are a few things to remember when choosing a location for your commercial property in Dubai. First, you’ll need to consider the type of business you’re running and what type of location would be best for it. For example, if you’re running a retail business, you’ll want to be in a busy area with plenty of foot traffic. If you’re running an office-based business, you’ll want to be in a more central location. 3. The Right Size As you probably know, the size of commercial property you need depends on the type of business you are in. But you might not know that the size of commercial property for sale in Dubai also depends on the property’s location. For example, if you’re looking for property in the heart of the city, you’ll need a smaller space than if you’re looking for property in the suburbs. Of course, the size of your business will also play a role in determining the size of property you need. A small business will obviously need a smaller space than a large corporation. Ultimately, the right size of commercial property for sale in Dubai depends on your needs and wants. 4. The Right Price There are many commercial properties for sale in Dubai. However, finding the right property at the right price can be challenging. That’s why it’s important to work with an experienced real estate agent who can help you find the perfect property for your business. There are a lot of properties for sale in Dubai, but not all of them are created equal. You need to make sure you’re getting a good deal on the property and not overpaying for something that’s not worth it. The second thing to keep in mind is to be realistic about what you can afford. There are some amazing commercial properties for sale in Dubai, but they can be quite expensive. If you’re not careful, you could end up spending more than you can afford and getting into financial trouble. Make sure you have a budget in mind and stick to it. Conclusion There you have it – the blog on finding the best commercial property for sale in Dubai. We hope you found this helpful and that it gives you the confidence to go out and find the perfect property for your business. Remember, when it comes to commercial property, it’s all about location. So take your time, do your research, and find a property that’s in the right location for your business. With the right property, you’ll be on your way to success in no time.

Dubai is a popular vacation and shopping destination. If you are a wanderlust and shopping enthusiast, Dubai is nothing less than heaven for you. The primary reason why Dubai has become a famous tourist spot is because of its exotic and elegant shopping malls. These malls have everything you need to buy, from a pin to a plane, no jokes. There is nothing you won’t get in Dubai. Dubai is famous not just for its beautiful landscape but for its magnificent infrastructure. This is why all the big brands of the world have their outlets and stores in Dubai. All the brands have their retail stores in every mall in Dubai. If you are keen on expanding your business, you can also go for retail spaces for rent in Dubai. But if you have enough capital to invest and want to settle in Dubai permanently, then you can also go for retail spaces for sale in Dubai. This can be a huge one-time investment but will give you the liberty to run any business. Also, if you decide to shut your business for any reason, you can still earn good money by renting it. If you plan to set up a retail business in Dubai, you need to consider an area where the bulk of the local population is economically stable. Let us dig deeper into how to set up a retail store in Dubai and what things you need to consider before renting or buying any retail store in Dubai. Setting up a Retail Store in Dubai Mainland Dubai is popular as the ‘Shopping Capital of the Middle East.’ People are looking to invest more and more into Dubai’s thriving economic sector by purchasing properties or renting retail spaces for their business expansion. Many renowned businesses have set up their outlets and stores in Dubai to fetch more profit. For this reason, there are plenty of retail spaces for rent in Dubai. If you also want to set up a successful retail store in Dubai, you must consider these steps before investing. 1. A robust Business Plan Any good business starts with a good idea. If you already have a business plan, you still need to conduct extensive research on that idea before investing huge capital into renting or buying retail space in a city like Dubai. But if you are a novice in the field of business, you must devise a robust business plan. This should be the first step toward your business journey in Dubai. Although Dubai has a good economy, you might lose all your money and investment if your business plan isn’t strong enough. Especially if you are taking up a business loan, you need to be extra careful. Examine your concept thoroughly and weed out any unnecessary, messy features. Describe all the compelling but nagging reasons you want to launch a retail firm. Who will make up your target market? What distinguishes your suggestion from others? How will your company serve Dubai’s multicultural population? 2. Type and nature of the business Although Dubai is more liberal than other Arab countries because of its cultural diversity, you must always remember that it is an Arab nation, and there can be restrictions on certain types of businesses in Dubai. For example, gambling and casinos are not allowed in Dubai. Selecting the right business depends on the nature of the business and the market competition of that business. Also, depending on the type of your business, you might need to take clearance and a licence from various government departments in Dubai. So, you must also consider all these things and get a clear picture of the prerequisites before starting a business. 3. A Sponsor and Insurance Insurance is a safety jacket. And it is always good to have a backup. So, for setting up a business in the Dubai mainland, it is mandatory to have a local resident as your business partner. This ensures legitimate capital sponsorship and your business with the government of Dubai. The local sponsor must be a UAE citizen supporting the industry and responsible for a 51% share of the business setup. The foreign partner will own the remaining 49%. This is also great for the entrepreneur because engagement with a local resident can increase their chances of setting up a business in a prime locality of Dubai as a local resident knows the place and the market better. Insurance protects your business from any kind of loss or damage. So, it’s good to have both – insurance and sponsorship. However, the laws have changed now and you can set up your business without needing a local resident as a sponsor. 4. Business Licence and Registration After figuring out all the above points and completing extensive business research, the next step is registering for your business with the Dubai government. You must petition for a trade licence; if you are a foreign citizen, you must also get your work visa. After your work visa is approved, you must apply for company registration. Put in a request to obtain any extra certificates and endorsements from government bodies that may be necessary for your application. When a business application is submitted to the DED, or the Dubai Department of Economic Development, the DED reviews it and grants approval. 5. Skilled Set of Employees Setting up a business or a start-up in Dubai is already quite expensive. So it would help if you thought of cutting down the cost in the best way possible. The best way to control costs is to hire a skilled group of people to work for you. For example, hiring only the required number of people who can handle major work and paying them justified compensation is better than hiring excessive people for the same jobs and paying them excessively. Also, you need to hire a skilled and experienced store manager to supervise your retail store in your absence. The same manager can also handle other employees’ leaves, salaries, etc. This will save you the cost of hiring an additional HR manager. This way, you can save a lot of money by hiring skilled personnel to work for you. You can’t hire any employees if you have the Intelaq licence, for some reason. You will only be able to employ contractors for the work. The documents needed to register a retail business in Dubai are: Passport copies for all managers and shareholdersCopy of the applicant’s UAE residency VISACertificate of No Objection (NOC) from the existing sponsor of your resident VISAEach co-owner must provide proof of residencyOwnership deed or lease agreement of the retail shop’s formal location. However, the documentation can depend on business to business and the activities of your retail store. 6. Retail stores in Dubai free-zone You can own a commercial property in Dubai on a freehold basis. So if you are going for retail stores for rent in Dubai, you must consider renting a shop in the Dubai Freezone. These zones offer engaging and interactive fun and leisure activities with extraordinary shopping facilities available to the working mass of Dubai. So, it will attract a huge workforce. You can set up a business in the Dubai free zone and enjoy huge profits by creating something fun to engage the working crowd in Dubai. The steps to set up a retail business in Dubai Free Zone: Choose a free zone in Dubai based on your preferences.Obtain initial approval from the appropriate authority for registering your business.Apply for a trade licence based on the type of business activity.Register your company with the free zone authorities.Pay the fees and receive the Certificate of Registration for the company and the requested Business License. Conclusion If you have a fantastic business idea, you can proceed after devising a proper business plan and sketching out a proper business strategy. But, if you are still thinking of coming up with a good business idea to take advantage of the thriving economy and lavish life of Dubai, setting up a retail store in Dubai free zone can be fantastic and quite profitable. The main thing that you must remember before going for retail spaces for sale in Dubai is the kind of business you are planning to start. You have two options – Start a business of your own by setting up your own company under your brand name.Take up the franchisee of an existing big brand. The first option seems difficult because it requires a lot of capital investment, research, and marketing. But if you plan on setting up a franchise, it will be comparatively easier for you as you won’t have to spend much on marketing and advertising. You need to find a good location for your retail store. This step is not complicated as there are plenty of retail spaces for rent in Dubai. You can also invest in an existing business to save yourself the hassle of setting up your own business. But, if you want to be your boss and a rich one at that, you must go for retail spaces for rent in Dubai and set up your brand.

Introduction Can Foreigners buy commercial property in Dubai? Dubai is one of the most extravagant countries in the world. It is famed for its tourist appeal and magnificent infrastructures. The Dubai skyline, the Burj Khalifa, and many other such iconic constructions add stars to the Dubai sky. Apart from this, the advancements in the infrastructure have turned this semi-arid Arab land into a concrete marvel. Many iconic and signature buildings add to the lust and luck of this state. Apart from this, nearby cities like Sharjah, Bahrain, Kuwait, Oman, etc., provide surplus employment opportunities to people from different countries. People invest millions and billions in buying property in Dubai because of its appreciating value in the market. The Dubai real estate market is as vast as it is becoming, and people from all over the world, including eminent celebrities, sportspersons, and politicians, invest in buying properties in Dubai. In this article, we will get an insight into how an expatriate can buy commercial properties in Dubai and what kind of properties in Dubai are available for foreigners. Policies for foreigners buying commercial property in Dubai Is it possible for a person to buy a property in a country he is not living in? The answer to this question varies depending on each country’s foreign and internal affairs policies. In the case of Dubai, a foreign national can buy property in Dubai, but with specific rules and regulations. Let us look at the laws one needs to follow for buying property in Dubai: A non-resident can buy property in Dubai on a freehold basis. However, the Dubai government has a specific restriction on where these properties can be purchased.A foreigner can buy properties in Dubai in only these areas:Dubai MarinaDowntown DubaiJumeirah Village Circle (JVC)Arabian RanchesDubailandPalm JumeirahAll these areas are permitted for buying and selling properties on a freehold basis. However, the prices of the properties in these prime localities are too high, but not high enough for foreign nationals.Foreign nationals can buy the following types of properties in Dubai:ApartmentsDuplexesLoftsHotel apartmentsVillas and Townhouses Let us read about what kind of properties can a foreign citizen buy in Dubai. Types of Commercial properties for foreigners to buy in Dubai In Dubai, the commercial real estate sector is enormous and offers a wide range of financing and industry opportunities, from completely furnished offices to specially designed factories. Below is a thorough master reference to properties in Dubai’s many economic sectors. It will help you allocate your funds more effectively to the regions where business growth is most likely to occur and will also give you an idea of how much these units will cost you to acquire or rent. 1. Offices Dubai is an industrial hub with great scope for any business. It is home to new, growing companies and big influential industries. Dubai also offers a wide range of office spaces to purchase and rent to foreigners. These spaces (rented or purchased) can be either furnished or unfurnished. However, basic furnishing is done in all the newly constructed spaces. The prime localities where these office locations are available for purchase are Business Bay, Jumeirah Lake Towers, the Sheikh Zayed Road, Deira, and Bur Dubai. The average selling price for office space in Dubai starts at $68,100 for a 25-35 sq. mt. area. However, for renting and leasing, the prices can vary depending upon the size of the rented area. 2. Coworking Spaces With growing numbers of businesses and startups, the concept of coworking spaces is becoming popular day by day. Coworking spaces require minimal capital investment in building offices and buying office furniture. Coworking spaces are also popular among freelancers as they get more opportunities for networking and making good contacts. These spaces allow you to design a workspace as a collective office, offering employees a more comfortable and corporate environment. The lower cost of renting the spaces due to the joint payment will also be an undoubted advantage. Hourly, daily, and monthly fees might be levied for the usage of the properties. Several well-known single and network coworking spaces, like Nest, Bureau Dubai, Nook, Our Space, and others, are also located in Dubai. Here, you can purchase a company to operate one of the already-existing locations or buy an office that you can customize to your needs and tastes. Most importantly, these locations are well-liked by IT professionals and are ideal for holding specialized lectures and seminars, performing services for authorized businesses, and serving as a treatment and spa, among other things. Usually, these properties charge around $2800-$19000, depending upon the area’s size and the office’s location. Also, the price may sometimes rely on the coworking space’s neighbouring offices. If you want to sit among prominent industrialists, you might have to pay more for such a coworking space. 3. Retail Stores Another excellent investment in infrastructure from Dubai’s perspective can be buying retail spaces. Commercial properties in Dubai always ensure maximum return on investment. And if you are keen on setting up your own business, then you need a lavish space to set it up. If you are setting up a retail store, you must ensure that it should be in a location in Dubai that witnesses maximum footfall and attracts shoppers. Purchasing retail units and shops in Dubai is a very profitable investment. This type of commercial real estate is in demand in any area or community of the emirate, and you can buy them both in the secondary and off-plan real estate market. These retail stores and shops should be bought in only prime locations like Jumeirah Lake Towers, Business Bay, International City, Dubai Marina, Meydan, DIFC, Downtown Dubai, and Dubai Silicon Oasis. Their area can range from 344 to 9,945 sq. ft, and the sale price of units starts from AED 150,000 (USD 41,000) and above. In addition to the areas mentioned earlier, Al Barsha, Deira, Jumeirah, and Bur Dubai,  offer rental options ranging from 99 to 37,996 sq. ft at prices varying from AED 15,000 (USD 4,100) to AED 4,000,000 (USD 1,090,000) per year. Other Factors However, one must remember that these areas are highly prestigious and prebooked. Sometimes they are booked at an early-bird price even before a construction stands up on the ground. These areas are high in demand and witness maximum footfall. So, the costs of the products you sell here will also have to be higher to compensate for the rent or lease amount. Apart from these three types of properties, there are many other types of commercial properties in Dubai that a non-resident of Dubai can purchase for investment or business expansion. These are showrooms, commercial buildings, villas, lands, plots, warehouses, factories, and labour camps. Things to remember There are various things a person should keep in mind before thinking of purchasing commercial properties in Dubai. Firstly, the real estates in Dubai are high in demand. So, it is not always possible for the landlord to keep a fixed rent. So, if you have rented a commercial place in Dubai, brace yourself for any increase in the rent amount as per the market rates. Secondly, the return on investment is quite evident in the case of commercial properties in Dubai. If you have purchased good properties, chances are you will make a profit of 4-8% per year on that property. This profit is in terms of the value of the piece of land you know plus the rent you will be charging from the renter. This is why many foreigners are interested in purchasing commercial properties in Dubai. If you keep these points in mind, your investment in commercial properties in Dubai will not go in vain, and you can earn a good income from the property you purchased. Either you can use it for your own needs, or you can rent or lease it. Either way, you are in profit. Benefits of buying commercial properties in Dubai for a foreigner Buying a property anywhere is never harmful. You must invest in real estate with a surplus amount and good capital. This can be a continuous source of earning for you. Besides, you can also use the property at any given time for your purposes. The benefits of buying commercial properties in Dubai are For foreigners, it is especially beneficial as they have a spare place in another country to go to. If you have bought a house or a hotel apartment, it can be given for rent for a couple of years. And after the completion of the time duration, you can use that property as a vacation home. What can be better than having a vacation home in Dubai? Secondly, it can be a good source of income for foreigners and help you get citizenship in Dubai at a later point in time. So, if the prices are hiked, you can either sell your property for a better price at a high-profit margin or keep it for yourself. Considering these benefits, we can say that buying commercial properties in Dubai can be an excellent idea for any foreigner.

The first thing that comes into mind when someone mentions Dubai is the riches, the glamour, and the glitz. Dubai is a prime example of development at its best. The city of deserts has shifted into giant skyscrapers and shopping malls. And one of the top attractions and the world’s most significant building, The Burj Khalifa, is in this city. It is a no-brainer why people prefer having a lucrative career in this city. Due to many employee advantages and revenue proposals, it is an option that is hard to say no to. However, when the discussion is about Commercial And Business Insurance, you need to understand that it is that kind of insurance that provides you with the required solutions for the industrial sector. Be it logistics, telecommunication, production, and textile, Commercial and business insurance in Dubai offers the much-needed safety net for business when it arrives. Now that you have the basic understanding of commercial business insurance, it is equally essential that you have the basic knowledge of many types of insurance out there to know and understand this insurance for a clear emphasis. The type of Commercial and business insurance depends on a multitude of aspects. That being said, here are some of the Commercial and business insurance that you need to know: 1. General Liability Insurance Okay! Let’s start with one of the most well-known business insurance, General Liability Insurance. So what is General Liability Insurance? General Liability Insurance is there to assist you in protecting or safeguarding your business or organization from any claims it has caused. For instance, it can be a physical injury of an employee or other members; General Liability Insurance is there for you. Or accidental damage of properties or belongings of any of your employees and co-workers, General Liability Insurance is there! It also comes into your assistance regarding times of a personal injury. General Liability Insurance is as essential as it can be in the business world. 2. Professional Liability Insurance Nobody in this world is perfect. Everyone has their flaws, and not a single person in this world can always be at the top of their work without making a single mistake. We are all human beings, and at some point in our lives, we do make a mistake. But a mistake is a mistake. And this is where professional liability insurance comes in to help you. In your business venture, there are times when you fail to deliver your promise to the utmost extent you can, or you slip and make a mistake with a service that you provide. Professional Liability insurance in Dubai helps you deal with those lawsuits regarding that. While many professionals are familiar with the term professional Liability Insurance, it is often regarded as Errors and Omissions Insurance, which, if you ask, makes total sense. 3. Commercial Property Insurance Is it one of those things that your fight with your landlord regarding the apartment you have been living in? Well, not really. This is a big misconception among the people outside when they first hear such a term. Let’s say there’s a building that you rented when you first moved into Dubai. And over time, you are growing as your business. What Commercial property insurance does is it protects or safeguards your rented building and the many of the pieces of equipment that you use daily as an integral part of your business. Please remember this insurance does not cover you from any natural disasters. If you wish to get such insurance, it is highly suggested you look for a separate policy to aid you in those worries. 4. Data Breach Insurance We live in a world of technology. And technology is constantly evolving. Unfortunately, so does the risk of data breaching. No business in this world currently does not depend on or revolve around technology. Due to the immense benefits it brings, it is no wonder why technology is an integral part of your business. But with that comes more risk. And data breach insurance is here for you. It assists you and your business when there is a data breach and personal or confidential information regarding your business has either been stolen or lost. Though it can’t be undone, Data breach insurance may help you let the impacted individuals know about the incident. It also takes the initiative to produce a public relations campaign. It is often also known as cyber coverage insurance. 5. Shopkeeper’s Insurance Now that you have understood the business insurance, let us go into Commercial insurance in Dubai. At the top of the list, there is shopkeeper insurance. If you own a small business or retail, you are most likely supposed to be familiar with many insurances covering different aspects. According to the policy phraseology, this insurance program covers shop structures and goods, home invasions, theft, cash coverage, bicycles, signages, luggage, personal injuries, and liability. 6. Liability Insurance In Dubai, there is not a single person in the sector who does not know the full extent of liability insurance. There are quite a few compelling liability insurances that offer so much. Each one is different from the next. You can do your research and have the best one on your side that you think will fit your requirements. This type of coverage is primarily designed to protect major multinational corporations from commercial liability concerns in a variety of locations throughout the world. It usually includes bodily harm, damage to infrastructure, potential litigation, clinical studies, product recalls, and workers’ insurance, among other things. 7. Employee Benefit Insurance Employees and workers are the strong pillars of a successful business. Happy and motivated employees lead up to better results. It is one of the most important mantras for successful businesses. And an employer benefit insurance guarantees you, happy employees. These plans, such as corporate medicare advantage plans or corporate accident insurance policies, will preferably offer health insurance coverage to firms’ workers. 8. Bankers Indemnity Insurance As you know, Dubai is an ever-evolving city. Gone are those days when the first thing that comes into mind while mentioning Dubai was the desert. The city is now the pinnacle of development. And with growth comes many different banks throughout the city. And banker’s indemnity insurance in the city is the perfect thing to complement these big banks. These plans are directed at banks and encompass all bank locations. The policies cover money or assets lost on facilities, transportation, fraud, deceit, hypothecated commodities, recorded postal losses, and appraisers. 9. Personnel Compensation Insurance Many in the sector are under the impression that they don’t need any worker compensation insurance as the work premises are so enhanced there won’t be any necessity. But the danger doesn’t come with a warning. No matter how safe your workplace is, you can never know when a disaster will happen. And thinking about buying your way out of it, everything it happens is a big NO. Workers ‘ compensation insurance is usually required for a corporation with more than one worker. When considering the cost of an employee’s compensation policy relative to the expected lawsuit price, it’s clear that being assertive with adequate coverage is the way to go. Out-of-pocket costs that are usually handled by an employees’ compensation policy – from lost earnings to healthcare – can result in significant losses for a corporation. Catastrophe or severe injuries may – and do – occur in even the most meticulous and healthiest work conditions. Therefore, it’s always best to be protected and ready for any eventuality, no matter how unlikely. 10. Erection of All Risk Insurance Machines and machinery are an integral part of any organization regardless of whether your corporation is technical or non-technical. And no machine is perfect, and not all installations are done right. Therefore, at the darkest times regarding technology, it is a must to have all-risk insurance. This policy provides you coverage regarding machinery and any installation or equipment damage that comes your way. It is highly recommended to have it at your disposal. It protects the contractor and the employer from physical harm on the premises. In addition to all these, this insurance policy also provides coverage to third parties. Conclusion Dubai is indeed the city of glamour and glitz. In addition to being your perfect gateway, this city has much more to offer regarding business and insurance. And the development of the city is a perfect example of it. Insurance in Dubai protects your business from various dangers that may arise during routine operations. Choosing the right commercial or company insurance can be difficult, but knowing what to look for can help. Give the article a read to explore more about the various kinds of insurance available in Dubai. Irrespective of the requirement, you will find the perfect insurance plan of your choice.

In this modern era of financial fluctuations, property is one of the fixed assets that come in handy. You can forget trading securities or other assets by just focusing on the property business. Now, there are two different types of properties: 1.    Residential property As the name indicates, residential property refers to zones or areas specified for living or dwelling purposes. It may also be a residential rental property where houses or buildings are rented to tenants for only living causes and not for business. 2.    Commercial property You must have commonly heard ‘Commercial property or commercial real estate.’ It refers to non-residential buildings and dwellings that provide property for income generation and earning profit. Despite the new wave of Online Commerce, many businesses and companies still rely on brick-and-mortar buildings to offer the best services to their consumer base. So, a website-browsing trend will never be able to eliminate the significance of having a commercial property. Did you know? In the US alone, the commercial real estate market was about $16 Trillion in 2018. Such is the potential scope of this market, and it doesn’t seem to be diminishing anytime soon. Types of Commercial Property For future reference, let’s explore what kind of real estate comes under the heading of Commercial property. 1. Office space Office space includes all the office buildings available for rent for commercial purposes. 2. Industrial space As the name indicates, it is the space used for industry, including heavy manufacturing, light assembly, and bulk warehouses, mixing industrial space with office space. 3. Multi-family properties Such residential rental properties with more than five apartment complexes are considered commercial property because they generate rental income for the owner. 4. Retail Any buildings used for retail purposes, ranging from single storefronts to strip malls and shopping centres, constitute the retail properties and come under the commercial real estate category. 5. Hotels Hotels are commercial real estate, whether large, small, or barely existing in terms of space and functionality. 6. Mixed-purpose properties Mixed-use properties are typically any combination of the above category properties. An example includes multi-family apartment complexes with retail spaces on the ground floor. 7. Mixed-purpose properties Any property that does not fit the above categories would be considered special-purpose, such as amusement parks, zoos, parking lots, etc. When there is talk of commercial properties, you will automatically find yourself delving into the topic of commercial property insurance. What is Commercial Property Insurance? Commercial property insurance can be defined as the premium you pay to cover a commercial property from multiple risks, including fire, theft, and natural disaster. Nowadays, most businesses, like manufacturers, retailers, service-based, and not-for-profit organizations, all carry commercial property insurance, giving massive financial protection for the long run. Generally, commercial property insurance gets bundled together with other forms of insurance, such as commercial general liability insurance. Commercial property insurance can be a significant expense for businesses that use expensive equipment, such as railroads and manufacturers. Still, the end benefits are more than enough to compensate for this expense. Here, commercial property owners enjoy the same protection as property insurance provides for their consumers. Businesses can usually put the cost of commercial property insurance premiums under the category of expenses. Regarding its downside, this insurance does not cover losses arising from tenants using the building, like if they cause some damage during their stay. There are some situations where even if the commercial property insurance doesn’t cover the cost of loss, such loss can still be added by endorsements. Like employee dishonesty, steam boiler breakdown, flood, earthquake, and crime. Not all of your business or commercial property is covered with a commercial property insurance policy. So, it would be best if you did not accept it at face value that everything gets added to the insurance package. For instance, you might need additional insurance for commercial autos, signs not attached to your building, and outdoor fences. Commercial property insurance is gaining popularity in the UAE, specifically the Dubai and Abu Dhabi areas, because of the blossoming new trend to own a commercial property. Factors determining the cost of a Commercial Property Insurance Numerous factors come into consideration while evaluating the cost of commercial property insurance. 1. Location The location of your commercial building matters. Suppose this building exists within a city with excellent fire protection nearby. In that case, it will typically cost less to insure than buildings outside a city or in areas with limited fire protection. 2. Construction Buildings made of potentially explosive materials will have higher premiums, like using wood partitions, floors, and stairways. In contrast, those made of fire-resistant materials could even merit a discount. Did you know? Your building’s fire rating gets easily influenced by various elements. Before remodelling, you should consult an insurance agent or company as additions to an existing structure might affect a fire rating, changing the insurance amount. Fire-resistant interior walls, floors, and doors can also play a significant part in maintaining a good fire rating. 3. Geography An insurance agent also gets accounted for the geography factor as your business may face environmental risks, such as flooding, tornadoes, etc. The Land value in a specific area can also affect what premiums you pay. For instance, Dubai and Abu Dhabi in the UAE are considered highly in demand because of their booming tourist, economic and home-buying sectors. The premiums charged here are expensive compared to other less-competitive regions. 4. Size of Business Premises A large factory building or commercial office will likely cost more to insure than a single rented room. 5. Safety and Security Many questions can arise about your commercial property’s security conditions. Like: Is your business or real estate located in a high-crime area?Does your company possess or dabble in toxic or hazardous materials?Do you have the latest security measures? All these queries can affect insurance rates. 6. Occupancy  A building’s occupants influence its fire rating. An office building will most probably rate better than a restaurant. A single hazardous occupant among the whole building occupants can negatively affect the fire rating of the entire building, causing the premiums to get higher. 7. Type of Equipment The nature of the equipment determines the insurance rate. Heavy industrial equipment like a machine in a giant steel mill will cost more to insure than an at-home business’s sewing machine. 8. Age of Equipment You may be forced to pay higher insurance premiums if your equipment is hard to repair because of scarce parts or if it is more likely to break down because of heavy use. 9. Types of Hazards Covered A commercial insurance policy covering all the open perils costs more than a policy covering named perils. Open perils coverage protects against all losses except those expressly excluded in the policy. Named perils coverage is the coverage that only protects against losses listed explicitly in the policy with their exact names. Similarly, an “All Risks” protection commercial Insurance in Dubai and Abu Dhabi area provides broader coverage for loss or damage from any causes except those expressly excluded under this insurance. Such insurance may include: Fire and LightningAircraft damageExplosion & Implosion Storm, Tempest, Flood, bursting and or overflowing of water tanks or sprinkler leakageEarthquake ShockBurglary, attempted theft (by violent and forcible entry to or exit from the premises), accidental, and many more Insurance Rate Determination Although multiple factors determine how much a company should pay for commercial property insurance, the value of a business’s assets is a primary factor. A company or a commercial property owner should take an inventory of their physical assets located at their property. This information will help decide what level of coverage the business should get in a claim. Although this is a crucial insurance category, things can be more complex than they seem when practically calculated. It can be beneficial to consult a commercial property insurance agent or company for an in-depth analysis of your real estate and get the best insurance coverage at a reasonable price. Benefits of Having Commercial Property Insurance Some of the advantages to paying commercial property premiums are: 1.     Financial loss coverage This insurance highlights that any potential financial loss bore by a business or property gets covered, keeping the company floating well. 2.     Builds Credibility An insured business appears more credible than an uninsured business. Such insurance can reassure a company’s suppliers and customers that there is a possible way out for them if the business cannot honour its commitments. 3.     Strong Backup plan You get to protect your business in case of an unexpected or unpleasant surprise in the future. In Conclusion Commercial property insurance rate determination is the sum of many vital elements that should be wholly considered. The importance of having your commercial property insured cannot be denied in light of the tremendous benefits achieved. It particularly stands true for the Dubai and Abu Dhabi areas in the UAE with their highly competitive and evolving commercial real estate market.

Parking areas are an essential component of commercial buildings. Without a proper parking area, people will face difficulty entering the area. In the best-case scenario, they may choose to go elsewhere to shop where they find a better parking area. The UAE government has made some policies to overcome this issue. These policies ensure ‌commercial buildings provide adequate space for parking. What is a Retail Parking Ratio? The retail parking ratio is a mathematical figure with the help of which you can compare the commercial building size and the number of parking spaces it must have. For the commercial or retail buildings, you can also use several places for the parking area in the building. Sometimes, unique buildings have a minimum exit point. Therefore, parking design varies from building to building. What is the Standard Calculation for Parking Ratio? Let’s move on to the actual calculations for parking demand. There are several ways of doing this calculation. You can calculate the parking for a commercial building by dividing the total square feet of an area by one thousand square feet. The division by one thousand is essential because the final ratio that will come out after calculation will be the number of parking spaces in the commercial building per thousand square feet. In this way, you will get the correct ratio for commercial parking. Example For Parking Ratio To explain the parking ratio, you can understand it better through an example. Here you can take the commercial area of 40,000 square feet. To get the parking ratio, you need to divide it by 1000 square feet. The ultimate value you will get is 40.  Suppose you want the parking space for eighty cars. For illustration, divide it by 40. The last value that you will get will be 2. It will give you two parking spaces per every thousand square feet in the building. Methods for the Calculation of Parking Demand in Abu Dhabi In the United Arab Emirates, you can observe a keen transformation over the last few decades. The government has made changes for economic and social betterment. With the growth in these departments, ‌parking space has become a significant problem for residential and commercial areas. In Abu Dhabi, in 2009, the Department of Transport ran a land-use survey in 46 sectors to observe the parking problem. Once the department had completed the study, the report revealed that some areas have much higher parking demand. You can take this survey as the basis of calculation for the parking issue. This survey also helps to increase the parking supply for commercial buildings. Method 1. Parking Survey Data Parking survey data is one of the well-known methods used to calculate parking issues. This survey ran in the 46 sectors of Abu Dhabi to estimate the parking demand. This survey gives you data on parked vehicles at different times of the day. It shows the utilization of parking spaces available. Also, it reveals the actual demand for more parking spaces. Method 2. Land Use Based Parking Demand Calculations The Department of Transport (DoT) in Abu Dhabi uses this method to check land and estimate parking demand. The technique requires land-use input values: parking rates and land utilization. Explained Method For Parking Demand Calculation For the deep analysis of parking demand, there are a couple of factors to consider: D shows the demand for cars per dayR indicates the number of vehicles per parking spaceThe B1 is the area you need to construct, while B shows the site for the building you measured before. This area serves several activities. If this area is a commercial building, it will attract 10 people per day per employee. Similarly, if you are constructing a commercial building, you need to consider G’s growth factor regarding time. Growth factor G will measure the traffic rate per year in Abu Dhabi, where you are considering developing a building. For example, you are constructing a commercial building; you don’t have any other buildings around it yet. Suppose you estimate that adjacent buildings around you will be residential and your facility will be for commercial purposes. You are considering constructing it so that your establishment will‌ compensate for the parking demand of adjacent buildings. For that instance, you need to look at the growth rate of the population in the future. Also, estimate the present population and the number of homes with vehicle facilities in that area. After all the calculations and estimations, the calculation for parking demand will be CPD = D/R * B1/B * (1 + G) Years The number of years you will use in the formula will depict the time required to construct the building. For more accuracy in parking space management, you can use the software. The software will give you a clear idea of barrier placement for uniform queues in parking lots. The barrier should not split into the public area and adjacent roads near the parking lot. You need to make parking spaces for each type of car and different car sizes. Similarly, the formula should fulfil the parking requirement for each type of car to avoid the after-construction mess. Also, parking space means that each type of car has enough space to turn to each corner of the vehicle with zero difficulties. The Example Of Formula For Parking Demand Calculation Now let’s see the formula through an example. The formula for parking demand calculates the parking space number into the average time a car rests in the parking lot. If the parking space is full with four cars during peak time, you have 150 spaces for that instance. The parking supply you provide is for 600 cars in peak time. Similarly, if you estimate the parking time of each car, it will be around twenty minutes in the lot. For instance, if you take the traffic growth rate of Abu Dhabi to 2% in a year. It will give you an estimated traffic growth rate. In the same vein, if you want to calculate the traffic growth rate for the next twenty years of Abu Dhabi. The formula will be like (1 + 0.02 )^20 = 1.49 For the next twenty years, you can expect 350 cars during the peak hour into 1.5, which is the round figure of 1.49 from the above calculation The resulted calculation will be 350 * 1.5 = 525 cars. The demand-to-supply ratio is 525 / 600 cars in parking spaces available during peak time. The ratio is 0.8, which is adequate for the parking lot. The above-stated points are for a long-term integrated approach to the parking problems. Other Workable Solutions To Compensate The Parking Demand In Dubai And Abu Dhabi As a tourist hub, the growth and development are quick in the United Arab Emirates areas. Therefore, city developers need to take an alternative approach to the upcoming parking problem and provide long-term solutions. Meeting The Parking Demand People often ask the MAWAQIF to complete the parking demand, especially during peak hours in commercial centers. But according to MAWAQIF, increasing the parking supply will not resolve the issue completely. They have to observe the certain factors which will increase the parking demand in these locations. ●     Effective Use Of Existing Parkings Sometimes the parking shortage happens because of the lack of information about the right parking space in the commercial center in Abu Dhabi. MAWAQIF made it easy to display the direction of parking space areas through brochures and other sign elements. It will lessen the headache of motorists in finding the right space for parking. ●     Remote Parking Services This service effectively overcomes the parking shortage in commercial centers in Abu Dhabi. This service may involve the free transit zone and shuttle services, but it may not become as effective for residents and motorists as it may sound. ●     Semi-Automated Parking System A semi-automated parking system is another method to increase parking space in commercial buildings. It expands the existing parking garage. With its help, you can use other spaces other than ground spaces for parking. It can also resolve your parking space issue to a great extent. ●     Parking Regulations To control the parking problem around the commercial building, MAWAQIF considered the parking time for each vehicle in the commercial center. They define the time limit for each shopper as about two hours. It’s an effective approach to effective parking management. Conclusion The effective calculation of parking demand in retail buildings during construction will not only lessen the parking problem in the future. But it also saves a lot of time. The government of the United Arab Emirates is still working on effective parking management to meet the demand. They use several strategies to overcome this problem. Also, they enhance the utilization of ‌parking spaces near commercial buildings. Further, MAWAQIF and other management authorities are working together to find an efficient solution.

Over the past few years, we witnessed healthy growth in the industrial real estate sector—warehouses, distribution centers, flex spaces, and other industrial buildings with storage facilities in Dubai. Year-over-year (YOY) rent growth has been positive and the availability rate has continued to decline. Property prices in the UAE will continue to grow in 2023, driven by supportive economic restructurings and an effective vaccination program that has brought hastened improvement from the coronavirus stricken slowdown last year. Over the next 10 years, Environmental, Social, and Governance (ESG) standards will have an impact on investor property investment and purchasing decisions in the GCC, according to a report by Mashreq, the Dubai lender controlled by Al Ghurair. According to CRC data, with 88% growth, the warehouse sector embellishes with the highest increase in commercial leasing in Q1 2022 over Q1 2021. The overall number of leasing transactions is up 7%. This is due to the increase in the stock that equals the demand for bigger storage spaces. The businesses in Dubai have no choice but to seek bigger warehouses for their expansions. Industrial Properties in the UAE will attract more investor demand, while the residential market will also see substantial growth. On the other hand, quality warehouses for the e-commerce industry continue to fuel demand considering the Middle East one of the most competitive markets for online shopping. This has proven to be a significant reason for the demand for warehouses, distribution sites, and fulfillment centers that support the fastest delivery shipping systems. Newly build facilities for warehouse rents, constructed to international standard, primarily located in free zones, ranged from AED 35 per sq. ft. per year during 2020. A number of small and medium enterprises are now seeking annual lease contracts and yearly rental escalation in comparison to three or five-year terms for their industrial units due to the constrained business environment during 2020. Along with that, many multinational occupiers are gradually finding asset-light models, thus presenting more excellent opportunities to participate in the industrial market through sale and leaseback structures, among others. Key Takeaways The requirement for storage and fulfillment centers has increased thus boosting the demand for warehouses in the region. Many retailers have swiftly adopted the digitalization and online sales trends after they posed challenges of lower spending and fewer shoppers in brick and mortar. The main drivers for these regional and global occupiers entering or expanding more in the UAE are the country’s efficient management of Covid-19, vigorous infrastructure, and ease of doing business. The rise in online sales in the past months has also played a vital role in businesses investing more and expanding to cater to sales trends. According to CRC, they recorded an increase of 32% in registered tenant leads as compared to the same period the previous year. The staggering 128% increase in demand for warehouses is also an indication of how the companies showed interest in industrial properties. The top reason for the demand for commercial properties is because the business that downsized during the pandemic started to get back to bigger office spaces. Changes in purchase patterns during the pandemic also pushed companies to expand their warehouses to meet the demand. Get in touch with CRC for your commercial or industrial property requirements in the country and receive professional help for buying, selling, leasing, or investing. CRC is the leader in Commercial and Industrial properties in the UAE.

One of the undeniable truths is that the UAE is the most frequent area for business. You must have heard that the UAE is the main business hub globally. Thus all the investors and business personnel have the intention to start and run a business in this country. Although all the businesses eventually grab the increase and have had a good chance to take the business at its highest level. Starting a business is not a substantial issue, but running it and taking your business to a peak level is. Business expansions requirements take the business individual to the stage where they have to make some crucial decisions. If you are planning to expand your business or thinking of setting up a business that needs a store, packing or assembling some items, keeping stock, or any other type. In that case, you are in need of a warehouse. In this blog, you will find all the information you need to know before renting a warehouse, including the best area to rent warehouses in Abu Dhabi. Importance Of Warehouses The concept of warehouses has been around for a long time! It’s helpful and fulfills various requirements of businesses. Thus, goods can be processed at the time when the demand arises. However, monitoring and tracking the finished goods, stored material, and stock items are easiest. Well, if you want to avail this opportunity, then you need to rent a warehouse in Abu Dhabi. Furthermore, having a warehouse in a perfect location will help you receive goods from the suppliers, store them and distribute them to the market or another company. Without any doubt, it can save both money and time. Another greatness is a warehouse is an ultimate solution for secure stocking. The product is available whenever a customer offers a product, and you can proceed with it timely without facing any hurdles. What Type of Areas are Perfect to Rent Warehouses Selecting the right location for the warehouse, even leasing, buying, or renting, is critical because it can create major differences to make your business efficient, effective, and profitable. By choosing a perfect place for warehousing, you can give your customers an outstanding experience; you will always be able to efficiently provide the demand on time. Right skill at the right price for the workforce should always be a significant point. Another thing is warehouses should be near roads, highways, railway stations, airports, and seaports (depending on the business type). Considering the above point will help prevent wastage of time, money, damages, and enormous fuel consumption. In short, a warehouse should be closer to the major buying companies, suppliers, producers, or/and customers. In this way, by choosing the right place according to your business’s needs, you will get prosperity by decreasing the transportation cost and reducing fuel and time consumption. Best Areas to Rent Warehouses in Abu Dhabi Acquiring a warehouse on rent in the prime location of UAE can take your business to a higher level than was a dream before reaching that height. KIZAD One of the most reliable and biggest free zone areas in Abu Dhabi is KIZAD (Khalifa Industrial Abu Dhabi). They offer trading licences, industrial, logistics, and services activities at a remarkably lower fee. KIZAD is the most recommended area for investors because of its cost-effective fees structure and incredibly susceptible business access and activities. Hance KIZAD is the 1st choice for the investors who come from worldwide. The KIZAD is ideal for renting a warehouse because it is located halfway between Dubai & Abu Dhabi, two main market centres with the existing infrastructure of business and industries. Moreover, KIZAD is innately combined with Khalifa Port. It is the one that is the most advanced deep seaport and the number one semi-automated port. Having a warehouse at such a location will keep you connected with the main markets through land and sea. Because more than 20 shipping lines operate at this seaport, they will connect with 60-plus port areas. Al Quoz Another best area in Abu Dhabi to rent an industrial and commercial Warehouse is the Al Quoz. It is a place that is popular for its wonderful location. Al Quoz is the biggest industrial zone in the city and the oldest one. The great area of Al Quoz is highly recommended because of its location as it joints directly to the highways. It is a unique and creative industrial zone that encourages talented business personnel to expand their business by taking a warehouse for rent at a prime location. Those individuals are planning to acquire a warehouse at Al Quoz stand on the mouth to avail remarkable commercial & industrial facilities. Another amazing truth is that the warehouse in Dubai’s Al Quoz area is available in different sizes. Also come along with the already built washrooms, offices, and parking areas. These warehouses are the best because they are built to secure the goods stock safely. Dubai’s Al Quoz is popular for its remarkable automobile services Centre, handicrafts shops, and art galleries. This place is the perfect one to rent a warehouse for those businesses which need to make a stock or particular goods or raw materials that can be released anytime when receiving a demand. Dubai Investment Park An incredible place in the list of most beneficial warehousing areas to rent is the Dubai Investment Park. It is a place that can keep you connected with the main highways, such as Sheikh Mohammed Bin Zayed Road. The enormous warehousing facilities of Dubai Investment Park can be acquired at the best price. This location is ideal for manufacturing goods, assembling the items, and keeping stock or store of the finished goods or raw materials to proceed when the right time. The easiest access to Al Maktoum International Airport, Jebel Ali port, Emirates Road, and the Sheikh Mohammed Bin Zayed Road makes it a great area for those companies who use the warehouses for storage and logistics purposes. Phase I and II is the place in Dubai Investment Park. You can rent a warehouse with an office, parking spaces, a loading area, or even a mezzanine floor. Although it is near a highway, the eating places, retail stores, and mosques are considerably closer to the location. Ras Al Khor Another prime location to rent a warehouse in Dubai is Ras Al Khor. It is the most popular area because it is located just between Sheikh Al Zayed Road and Nad Al Sheba, making Ras Al Khor beneficial for commercial and industrial activities. In this area, you have an opportunity to get a warehouse with a reasonable rent rate with the facilities that fit with business purposes along with the size ranges. Ras Al Khor is located where you can enjoy restaurants, cafeterias, mosques, etc. RTA buses service is available in this industrial area, and also rental apartments are available in this international city; that’s become a huge windfall for your labour and staff. Al Qusais Highly popular in the search among the perfect areas to acquire a warehouse is Al Qusais. For those willing to make a warehouse for manufacturing automobile parts, electronics, food and furniture, and FMCG industries, Al Qusais is an excellent choice to increase the business. The Al Qusais Districts are located at the border of Dubai and sharjah, Muhaisnah and Al Nahda so that you can get the benefits of the penalty of transporting alternatives that include Dubai metro station and RTA buses. Easy access for the staff because this area is very near the budget-friendly residential area and rental apartments. A warehouse in a prime location will greatly boost your business. Its excellent road web, time management, and reduced cost is the main benefit of acquiring a warehouse in Al Qusais. Jebel Ali As the area of Jebel Ali is situated near the port, that makes it among the top areas for renting a warehouse. From the areas of Jebel Ali, you have fast access to the main highways. Jebel Ali is a wonderful choice if you need a warehouse at a lower rent. Although located near the Expo 2020 site and the Al Maktoum International Airport, make this area an incredible choice for those who need a warehouse for storage purposes. Also, it is best for light manufacturing departments and commercial activities. Here you can exceptionally access restaurants, retail shops, supermarkets, etc. Mussafah Industrial Area Acquiring a warehouse for rent in the Mussafah Industrial area is an excellent choice for those searching for a warehouse in Abu Dhabi precisely for storage purposes. Mussafah industrial area facilitates the parking spaces and loading areas. It is a wonderful chance to hit the spot and get the demand effectiveness in Abu Dhabi. Moreover, Mussafah industrial area is the most demanding area in Abu Dhabi. Investors tend to invest money in this place. It provides the manufacturer with a breeding ground as it is the world’s most advanced infrastructure. Mussafah is ideally located surrounded by a high-demanding area in various businesses. Here you can avail the excellent facilities that suit your business requirements. Now you must have a clear idea about the best areas for the warehouse in Abu Dhabi and Dubai. Opening a warehouse Choosing from the above areas will be helpful to meet the market needs and give a great expansion to your existing company.

The past few years have been memorable in many different ways with Dubai’s economy in particular experiencing exceptional growth. As such, the real estate market in Dubai has become a significant topic of interest in 2022. So what makes it different from other markets? A great place to shop  It’s no surprise that many properties on the market in Dubai come with stellar views or idyllic surroundings, many residential real estate projects are even built as part of full communities that include a host of amenities.  So no matter where or what you are buying, you are always guaranteed to get the most for your money. In fact, in comparison to the UK market, If you buy an apartment in Dubai with an area of about 120 square meters, the cost per meter will be around $ 5,900. In London, this figure can reach up to $ 26,260. Liquidity and rental yields With Dubai’s economy booming, the market is growing and in turn, so is the demand. This is great news for new buyers, as the continuous high demand presents the ability to sell your property at any time in the future, without losing money.  The damned doesn’t stop at just sales either. Properties for rent are highly sought after in Dubai and if you own a property in one of the premium locations, such as Downtown or Dubai Marina, owners are able to make a great profit from tenants.  For comparison, in most European cities the rental yields do not exceed 3%, however in the Emirates they can reach up to 10%. Stable economy Although the state of the economy is never guaranteed, based on the growth Dubai’s economy has faced the past few years, it is highly anticipated to continue on the upward trajectory as the city attracts more tourists, investors and businesses every year. The government has also embarked on several initiatives and reforms the past few years, particularly aimed at attracting more foreign investment in the country. Including the introduction of a 10-year visa, also known as a Golden Visa, with the purpose of offering long-term residence for individuals and retaining talented people in the country. In January 2022, the UAE also embraced the global work week of Monday – Friday which helped propel the emirate’s position, both from a trade and transport perspective, as well as its status as a financial hub and a tourism destination. Attractive taxation laws One of the biggest incentives for those living and working in Dubai, is the absence of taxes such as personal income or property tax.  This allows you to own any type of housing without wasting money on additional costs. It also means you are able to rent out real estate and receive a net profit, tax free.  Looking into 2022 and beyond, both Dubai’s economy and real estate market looks set to continue its positive momentum, driven by a continuous influx of new capital and a relatively cautious release of new supply by government and semi-government developers. If you are interested in investing into commercial real estate, you can get in touch with one of our agents today. If it’s residential real estate you are interested in, you can contact our expert team at Betterhomes.