Commercial Property Market Dubai: November 2024 Insights

The commercial property market in Dubai continued to display robust activity in November 2024, reflecting strong investor confidence and sustained demand across key sectors.

Here are some of the latest insights, based on data from Dubai Land Department (DLD) and internal data at CRC, highlighting the trends shaping the commercial real estate landscape.

Dubai Commercial Property

Commercial Sales: A Thriving Segment

November witnessed a total of 931 commercial sales transactions, generating a remarkable AED 9.2 billion in value. This robust performance underscores the sustained demand for Dubai’s commercial real estate, bolstered by its reputation as a thriving global business center and its commitment to creating a highly attractive investment climate.

Dubai Office Segment: A Focus on Prime Locations

The office market remained a significant contributor to the commercial property sector:

  • 272 office sales transactions were recorded, amounting to AED 1.1 billion in value.
  • The average price per square foot reached AED 1,648, signaling a sustained appetite for premium office spaces.

Top Performing Office Locations

Key business districts continued to attract investor and tenant attention, with the following areas leading in office sales:

  • Business Bay
  • Jumeirah Lake Towers (JLT)
  • Tecom
  • Jumeirah Village Circle (JVC)
  • Dubai Silicon Oasis (DSO)

These locations stand out for their strategic connectivity, modern infrastructure and variety of office options tailored to businesses of all sizes.

Dubai Commercial Property

Dubai's Retail Property Market 

Dubai's retail sector continues to showcase its dynamic appeal, with impressive figures highlighting sustained investor confidence. According to recent data from the Dubai Land Department (DLD), the retail sales volume has reached 84 transactions, generating a combined value of AED 218.4 million

These statistics underscore the city's enduring reputation as a prime destination for retail investment.

Several neighborhoods have emerged as top-performing areas in retail sales, reflecting a mix of affordability, strategic location, and growth potential. 

Leading the list is Jumeirah Village Circle (JVC), a community known for its growing population and excellent connectivity, making it an attractive hub for retailers. Close behind is International City, popular for its affordability and appeal to small businesses seeking to cater to a diverse demographic.

The upscale district of Mohammed Bin Rashid (MBR) City also stood out, driven by its luxurious lifestyle offerings and proximity to key landmarks. Meanwhile, Al Furjan and Arjan rounded out the top five, with both communities benefiting from rapid infrastructure development and increasing residential occupancy.

Dubai Commercial Property

Market Dynamics: Buyer and Tenant Activity on the Rise

CRC’s internal data painted a positive picture of market demand:

  • Buyer leads rose by 7% month-on-month, underscoring growing interest from investors seeking opportunities in Dubai's commercial property market.
  • Tenant leads saw a 3% increase month-on-month, reflecting a steady demand for leasable office and retail spaces.

This growth in buyer and tenant interest signals a healthy balance between investment activity and end-user demand, positioning Dubai as an increasingly attractive destination for both regional and international businesses.

Latest Insights

How Much Do Commercial Real Estate Agents Earn in Dubai? A 2025 Guide to Earnings and Commissions

Dubai's commercial real estate market is one of the most lucrative and fast-paced sectors in the UAE. With high-value transactions regularly taking place across iconic areas like Business Bay, DIFC and Dubai Marina, the earning potential for commercial real estate agents is significant. Whether you’re planning to enter this competitive industry or looking to take your property career to the next level, understanding real estate salaries and commissions in Dubai is key.Commission-Based Earnings: How Dubai Real Estate WorksUnlike many other industries, most real estate agents in Dubai operate on a commission-based model. While some agencies offer a modest base salary, typically around AED 5,000, the real income lies in commissions.For commercial properties, agency fees typically range between 2% to 10% of the transaction value. Considering that many commercial real estate deals in Dubai are valued in the millions of dirhams, even one successful deal can mean a significant payout.Entry-Level vs Senior Agents: Earning ExpectationsAs agents gain more experience, build stronger client networks and close higher-value deals, their earnings can easily surpass AED 1 million annually. Top performers may also transition into roles such as Senior Commercial Consultants, Area Managers or Associate Directors, further increasing their income potential.Property Types That Impact EarningsThe type of commercial real estate in Dubai that an agent specialises in can significantly impact their earnings. Here’s a breakdown of the most common property types and their typical earning potential:Office Spaces (e.g., Business Bay, SZR): Steady demand, strong commission opportunities.Retail Units (e.g., Downtown, DIFC): High-value leases mean larger cuts for agents.Warehouses (e.g., Al Quoz, DIP, JAFZA): High-volume transactions, lower margins.Hospitality Assets (e.g. Hotels): Big-ticket deals, niche market.Bonus Structures & Career GrowthMany Dubai commercial real estate firms offer performance-based incentives in addition to commissions. Incentives are typically awarded for:Monthly or quarterly targetsTeam or company-wide achievementsHigh-value deal closingsClient retention and portfolio growthOver time, ambitious agents can move into senior consultancy roles, lead teams or even manage investment portfolios for large corporate clients, a highly lucrative career path.Key Factors Influencing EarningsSeveral factors play into how much a commercial real estate agent can earn in Dubai:Experience and track recordSpecialisation (e.g., retail vs. warehouse)Networking and client databaseLocation and demand trendsCompany structure The more established an agent becomes, the more likely they are to benefit from referrals, repeat business and exclusive listings, all of which contribute to higher and more consistent earnings.Why Dubai Remains a Hotspot for Commercial Real Estate CareersDubai’s ongoing economic growth, investor-friendly regulations and strategic global location make it a top destination for commercial property investment. With high demand for:Office expansionsRetail startupsLogistics hubsHospitality developments…the opportunities for commercial real estate agents are vast.Final ThoughtsWhether you’re just starting or already working in the field, commercial real estate in Dubai offers tremendous earning potential. With the right brand, network and market insight, agents can build rewarding, high-income careers.Thinking of making the leap into Dubai's commercial property scene? Now is a better time than ever to ride the wave of one of the most dynamic real estate markets in the world. Send your CV to our recruitment team:shadie.collishaw@crcproperty.com  

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Taxation on Rental Income from Commercial Properties in Dubai: What Investors Need to Know 2025

In cities like London, New York and Singapore, high property taxes can eat into rental yields and erode the profitability of real estate investments, especially in the commercial sector. Investors often find themselves bogged down by income tax, capital gains tax and layers of municipal levies that make long-term returns harder to achieve.But just a six-hour flight away, Dubai offers a refreshing alternative: a tax-friendly environment, stable commercial rental yields and pro-business policies that are attracting global investors in droves. If you’re considering investing in Dubai’s commercial real estate, understanding how rental income is taxed, or more accurately, how little it is could be a game changer.However, one question frequently arises: How is rental income from commercial properties taxed in Dubai? In this article, we break down everything investors need to know about taxation on commercial rental income in Dubai, including applicable laws, exemptions and best practices for compliance.1. No Personal Income Tax in DubaiOne of the biggest draws of investing in Dubai is its tax-friendly regime. As of now, Dubai does not impose personal income tax on individuals, including rental income from real estate, residential or commercial. This means that if you're an individual investing in commercial property, your rental income is generally tax-free at the personal level.2. Corporate Taxation on Commercial Rental Income (Effective June 2023)Although individuals are exempt, corporate entities earning rental income from commercial properties may be subject to corporate tax. Here's how it works:Key Highlights:Corporate Tax Rate: A 9% corporate tax applies on taxable income exceeding AED 375,000.Applicability: This applies to companies or juridical persons (i.e. LLCs, Free Zone companies) earning income from commercial activities, including rent.Exemption Threshold: The first AED 375,000 of taxable income is exempt to support small businesses.Free Zone Entities: May benefit from a 0% corporate tax if they meet certain conditions and do not conduct business with the mainland.Tip:If you're investing through a company structure, consult with a tax advisor to determine your corporate tax obligations based on your licensing jurisdiction and revenue.3. Value Added Tax (VAT) on Commercial LeasesUnlike residential properties, commercial property leases are subject to 5% VAT in Dubai.Key Considerations:Tenant Pays VAT: Typically, the tenant bears the VAT on top of the agreed rent.Landlords Must Register: If a landlord’s annual rental income exceeds AED 375,000, they must register for VAT and submit quarterly returns.VAT Deductions: VAT-registered landlords can often recover input VAT on certain expenses related to the property.Common Scenario:If you're leasing out a warehouse or office unit and your total rental income is above the VAT threshold, you are required to register with the Federal Tax Authority (FTA) and include VAT in your invoices.4. Municipality Fees and Service ChargesWhile there is no direct income tax, Dubai Municipality levies a 10% fee on the rental amount, typically passed on to tenants. Additionally, commercial property owners must account for service charges and maintenance fees, which may impact net rental income.5. Best Practices for Compliance and Tax EfficiencyTo ensure you’re operating within the legal framework and optimising your returns, consider the following:Register for VAT if your rental income exceeds the threshold.Keep detailed financial records for all rental transactions and expenses.Consult a licensed tax advisor or accounting firm for corporate tax planning.Understand your property’s classification whether it's residential or commercial, since taxation rules differ.Stay updated with UAE’s evolving tax laws, especially if you're using a corporate structure or free zone license.Final ThoughtsDubai remains one of the most attractive cities in the world for commercial property investment. With no personal income tax, relatively low corporate tax and strong demand across key sectors, investors can enjoy competitive returns when managed correctly.However, understanding the nuances of rental income taxation on commercial properties is essential to remain compliant and protect your profits. Whether you're leasing out warehouses, office space or retail units, taking the right tax approach ensures sustainable, long-term success.📌 Looking to invest in Dubai's commercial real estate market?Our experts at CRC have in-depth market knowledge and can help you navigate not just the property selection process, but also compliance, taxation and investment strategy.Contact us today for a consultation. 

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Best Locations to Open a Restaurant in Dubai: Where to Invest in Commercial Property for Maximum Success

Dubai is one of the most dynamic cities in the world for the food and beverage industry, offering countless opportunities for restaurateurs looking to establish a profitable business. The UAE's food service market was valued at $8.5 billion in 2024 and is projected to reach $14.2 billion by 2032, growing at a CAGR of 6.25% (VFM, 2025). With a diverse population, booming tourism and high disposable income, the demand for unique dining experiences continues to grow. However, the success of a restaurant depends heavily on its location. Choosing the right commercial property is the foundation for attracting customers, maximising foot traffic and ensuring long-term profitability. Whether you're planning to open a fine-dining establishment, a casual café or a trendy fusion restaurant, selecting the best commercial real estate in Dubai is essential.Downtown Dubai One of the most sought-after areas for restaurants is Downtown Dubai, home to the iconic Burj Khalifa and Dubai Mall, which attract millions of visitors each year! This district is ideal for upscale dining experiences, high-end international cuisine and gourmet restaurants catering to both tourists and business executives. Properties in this area come with high rental costs, but the exposure and revenue potential justify the investment.Dubai Marina Another prime location is Dubai Marina, known for its waterfront views, luxury living and vibrant nightlife. Restaurants here benefit from outdoor dining spaces, high-end clientele and consistent foot traffic, making it one of the best spots for a commercial property investment in the food and beverage sector.Jumeirah Beach Residence (JBR)For those looking to open a more casual or mid-range restaurant, Jumeirah Beach Residence (JBR) offers an excellent mix of tourists and residents who enjoy beachfront dining. With its prime beachfront location, family-friendly environment and lively atmosphere, JBR is a hotspot for casual restaurants, coffee shops and international eateries.Business Bay If you are targeting a business-oriented clientele, Business Bay is an excellent choice for opening a restaurant. Surrounded by high-rise offices and luxury residences, Business Bay has a high demand for quick-service restaurants, business lunch spots and upscale dining experiences. This location is perfect for restaurants looking to cater to corporate professionals and high-net-worth individuals working in the area.Budget-Friendly Places to Open a Restaurant in Dubai For entrepreneurs looking for affordable yet profitable locations, emerging areas like Dubai Silicon Oasis, Al Barsha and Al Quoz offer lower rental prices while still attracting a diverse customer base. These districts are becoming increasingly popular due to their growing residential communities and expanding business hubs. Dubai Silicon Oasis, in particular, is attracting tech professionals and young families, creating demand for casual dining, healthy food concepts and trendy cafés.Final Thoughts Selecting the right location is paramount. Areas like Downtown Dubai and Dubai Marina are ideal for upscale dining experiences, attracting both tourists and business executives. For more casual or mid-range restaurants, Jumeirah Beach Residence (JBR) and City Walk offer a mix of tourists and residents who enjoy beachfront and open-air dining. Business Bay and DIFC cater to a business-oriented clientele, making them suitable for quick-service restaurants and fine-dining establishments. Emerging areas like Dubai Silicon Oasis, Al Barsha and Al Quoz provide affordable yet profitable locations, attracting a diverse customer base due to growing residential communities and expanding business hubs.Regardless of the location you choose, securing the right commercial property is the first step in opening a successful restaurant. Factors such as visibility, accessibility, parking and rental costs should be carefully evaluated before making an investment. Working with an expert in commercial real estate can help you find the perfect location that aligns with your business goals.If you're planning to open a restaurant in Dubai and need assistance in finding the best commercial space, our team at CRC Property is here to guide you. With extensive knowledge of Dubai's commercial real estate market, we can help you secure the ideal restaurant space in high-demand locations. Contact CRC Property today to explore the best commercial properties for restaurants in Dubai and take the first step toward culinary success.

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How to Start with a Commercial Property in Dubai and Expand into a Network of Commercial Spaces

Investing in commercial real estate in Dubai presents a powerful opportunity for entrepreneurs seeking long-term growth and recurring income. Whether you're buying your first commercial property for leasing or planning to scale into a diversified portfolio, Dubai offers the ideal environment to build a sustainable business in real estate.With its strategic location, low tax environment and high demand for commercial spaces, the city continues to attract investors from around the world. Here's how you can start with one commercial property in Dubai and expand into a network of commercial real estate assets.Step 1: Choose the Right Commercial Property in DubaiThe foundation of a successful real estate investment begins with selecting the right commercial property. Investors should evaluate:Location & Accessibility: Areas such as Business Bay, Downtown Dubai, Dubai Marina, Sheikh Zayed Road and Jumeirah Lake Towers (JLT) offer high footfall and excellent connectivity.Business Demand: Choose properties that match the needs of growing sectors - retail, F&B, logistics and offices. Free Zones vs Mainland: Free zones like DIFC, DSO and JAFZA allow 100% foreign ownership, attract international businesses and offer corporate tax incentives.At CRC, we help investors identify high-yield properties across both mainland and free zone areas based on market trends and business requirements.Step 2: Develop a Smart Leasing StrategyOnce the property is acquired, the next step is to generate consistent income through leasing. Your strategy will depend on the property type:Office Spaces: Ideal for SMEs, startups or corporate tenants.Retail Shops: Targeted toward walk-in customers in high-traffic zones.Warehouses & Industrial Units: Cater to logistics, e-commerce or manufacturing businesses.F&B Outlets: Require careful location planning and licensing.You can choose to lease directly to tenants or work with a property management company to handle everything from tenant acquisition to maintenance. A well-managed commercial property increases tenant retention and enhances your asset's long-term value.Step 3: Reinvest to Expand Your Commercial Real Estate PortfolioTo build a network of commercial spaces in Dubai, reinvestment is key. Here's how investors typically scale:Geographic Expansion: Purchase properties in different business hubs. Dubai South, Expo City, Al Quoz, and Mohammed Bin Rashid City are rising stars.Asset Diversification: Mix office spaces, retail units, co-working spaces and hospitality assets.Yield Optimisation: Focus on properties offering high rental returns and capital appreciation.A diversified commercial property portfolio in Dubai offers multiple income streams, reduces risk and builds long-term financial stability.Step 4: Use Financing to Accelerate GrowthCommercial property loans and mortgage products in Dubai make expansion more accessible than ever. Banks such as:Emirates NBDMashreq BankADCBDubai Islamic Bank...offer financing tailored for commercial real estate investors. These products include business expansion loans, commercial property mortgages and working capital solutions to fund renovations or acquisitions.Smart financing allows investors to leverage existing assets and maintain liquidity while growing their portfolio.Step 5: Analyse Market Trends and Business DemandTo stay ahead in Dubai’s dynamic real estate landscape, monitor:Sector demand: Logistics, e-commerce, wellness, education and AI/startups are growing.Infrastructure development: Areas near new metro stations, highways or Expo 2020 legacy sites are gaining value.Tenant trends: Shift towards flexible office spaces, fitted units and sustainable buildings.At CRC, our research team provides up-to-date insights to guide your next investment move, ensuring you're always one step ahead.Build Your Commercial Real Estate Empire with CRCStarting with a single commercial property in Dubai can lead to a scalable, profitable business if guided by the right strategy. By combining smart property selection, expert leasing, reinvestment and market foresight, you can expand into a full-fledged network of commercial real estate assets.Looking to take the first step or the next big one?CRC Property is your trusted commercial real estate partner in Dubai. We provide:✅ Expert advice on high-yield properties✅ Support with financing and leasing✅ Specialised solutions for your requirements✅ Market insights to scale confidentlyExplore our current listings or book a consultation today. Let us help you build your commercial real estate portfolio, one profitable step at a time.

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Commercial Off Plan Projects in Dubai: Opportunities in 2025

As Dubai’s commercial real estate market heats up, a growing supply crunch is pushing investors toward off-plan commercial projects as the next big opportunity. With high occupancy levels across key business districts and a noticeable shortage of premium ready units, demand is spilling over into the off-plan segment. According to recent market reports, occupancy rates in prime commercial areas are hovering above 92%, leaving limited options for buyers seeking quality assets. This tightening supply has created the perfect storm for developers and investors alike, driving interest in commercial off-plan properties in Dubai that offer future-ready spaces, attractive pricing and long-term growth potential.Whether you're looking to diversify your portfolio or secure a customisable office or retail space, understanding the dynamics behind Dubai’s off-plan commercial market is essential.Why Off-Plan Commercial Projects in Dubai Are a Smart InvestmentWith limited stock in the ready commercial market and rental prices on the rise, investing in off-plan commercial projects in Dubai is proving to be a strategic move for both investors and end-users. Here’s why:1. Lower Entry PricesOff-plan properties are typically priced lower than completed units, allowing investors to enter the market at more competitive rates. This pricing advantage can translate to stronger capital appreciation by the time the project is completed, especially in high-demand commercial zones.2. Flexible Payment PlansDevelopers in Dubai offer attractive and phased payment plans for off-plan commercial units, easing the financial burden for investors. These plans often include post-handover options, making it easier to manage cash flow while the property appreciates in value.3. High ROI PotentialWith commercial rents on the rise, especially in established business districts like Business Bay, DIFC, and JLT, early investors can benefit from strong yields once their units are leased. The demand for modern, Grade A commercial spaces further boosts ROI potential.4. Customisation OpportunitiesBuying off-plan allows investors and businesses to tailor their office or retail space to fit their operational needs, from layout to interior finishes. This level of control can be a key differentiator in Dubai’s competitive business environment.5. Capital AppreciationAs the city continues its rapid growth, strategically located commercial off-plan developments are likely to appreciate significantly by completion. With Expo City developments, the Dubai 2040 Urban Master Plan, and ongoing infrastructure investments, the long-term outlook remains strong.6. Rising Demand Meets Limited SupplyCurrent market trends show that demand for commercial space is outpacing supply, especially in key sectors like logistics, medical, retail and flexible offices. This imbalance positions off-plan assets as a future-proof investment, with guaranteed demand once delivered.Commercial Off Plan Projects in Dubai 2025 As Dubai's commercial real estate landscape continues to evolve, 2025 has seen a notable shift in off-plan project launches, with developers expanding beyond traditional business hubs like Downtown and DIFC. New commercial towers are now emerging in less congested, strategically located areas such as Majan, Motor City, Barsha Heights, and the wider Dubailand corridor.These new locations are gaining traction thanks to easier access, improved infrastructure and growing residential populations, making them ideal for businesses seeking visibility without the chaos of central business districts.Key Trends Across 2025’s Off-Plan Commercial Developments:New-Age Locations: Projects in Majan, Motor City and Barsha Heights offer better traffic flow, ample parking and connectivity to key roads like Sheikh Mohammed Bin Zayed Road and Al Khail Road.Premium Facilities: Developers are raising the bar by including luxury amenities such as rooftop pools, fitness centers, wellness spaces, landscaped terraces, concierge services, lot's of parking and high-speed smart lifts - creating a more lifestyle-oriented workplace.Wellness & Design: A growing focus on wellness and productivity has led to more open-plan designs, natural lighting and green-certified buildings tailored for modern businesses.Strong Investment Potential: With high occupancy in traditional hubs and limited supply of ready stock, these off-plan options provide early movers with the chance to lock in competitive prices, flexible payment plans and significant appreciation potential by the time of completion.Dubai’s commercial sector is no longer confined to a few core districts. The new wave of off-plan projects reflects a city adapting to hybrid work trends, decentralisation and the growing demand for better work-life integration.Partner with CRC for Exclusive Access to Dubai’s Best Off-Plan Commercial ProjectsNavigating Dubai’s dynamic off-plan commercial market requires insight, access and the right partnerships and that’s where CRC comes in. As the UAE’s leading commercial real estate brokerage, we offer investors exclusive access to the latest launches, off-market opportunities and pricing across Dubai’s most promising projects. Whether you're looking for premium office space, a high-yield retail unit or a long-term commercial investment, our expert consultants provide tailored guidance to match your goals. With deep market knowledge, trusted developer relationships and a focus on maximizing ROI, CRC is your go-to partner for building a successful off-plan commercial property portfolio in Dubai. 

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