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3 Ways to Protect your Commercial Property from Rain & Floods in Dubai
A Comprehensive Guide to Property Valuation in Dubai

Have you ever wondered how to do property valuation in Dubai? If you are thinking of buying or selling a property in Dubai, before you do, it’s important to understand how to determine the value of the properties in this city. It is not as simple as looking at the market value of similar properties in the area. Many factors go into property valuation, such as location, age of the property, condition of the property, etc. This blog will cover all you need to know about commercial property valuation in Dubai. We will discuss the different methods of valuation, as well as the factors that affect property value. By the end of this blog, you will have a good understanding of how to do valuation in Dubai and what you can do to maximise the value of your property. What is a Property Valuation? A property valuation is an estimate of the worth of a property. There are a lot of factors on which the evaluation is based, including the property’s location, age, size, condition, and more. Professional appraisers generally conduct valuations and use them for various purposes, such as setting the asking price for a property, determining its insurance value, or assessing its market value. Considering buying a property in Dubai, it is a good idea to get a valuation before making an offer. It will give you an idea of what the property is worth and help you to negotiate a fair price. The valuation process can be complicated, but our team of experts can help you through it. We understand the market in Dubai and can provide you with an accurate valuation of your property so that you don’t have to look for other property valuation companies in Dubai. The Process of Valuation The valuation process in Dubai is similar to that of other global markets. However, there are a few key things that make it unique. For one, the process is often faster in Dubai due to the high number of transactions that take place. It means that valuators have to be able to work quickly and efficiently in order to get the job done. It is not as complicated as it may seem at first. In fact, there are only a few key steps that you need to follow to get an accurate valuation for your property. First, you will need to find a registered valuer in Dubai. There are several firms that offer this service, so it should not be too difficult to find one that suits your needs. Once you have found a reputable valuer, they will physically inspect your property. This inspection determines the size, condition and location of your property. After the physical inspection, the valuer will research the current market value of similar properties in the same area. It will help them to come up with an accurate valuation for your property. Finally, the valuer will provide you with a report that includes their findings and the property valuation certificate. Another key thing to keep in mind is that the valuators in Dubai are often more experienced than in other markets. The market is constantly changing and evolving, and valuators need to adapt to the changes. It means that they need to have a good understanding of the market and provide accurate valuations. Why is Property Valuation Important? Property valuation is important for a number of reasons. First and foremost, it ensures that you’re getting a fair price for your property. No one wants to overpay for a property, and a valuation can help to ensure that you’re not doing just that. Valuations can also help to give you a better understanding of your property’s worth. It can be useful information to have if you’re looking to sell your property in the future. And finally, valuations can also help to resolve disputes between buyers and sellers. If there’s a disagreement over the price of a property, a valuation can help to settle the matter. Different Methods of Property Valuation When it comes to valuation, there are a few different methods that can be used. The most common practice is Comparative Market Analysis (CMA). This method is where you compare the property in question to similar properties that have recently sold in the area. It gives you a good idea of what the property is worth in the current market. Another method used is the Income Approach. This method looks at the potential income that the property could generate, such as rent or future sale price. It is a good method to use if you’re looking at an investment property. Finally, there is the Cost Approach. This method looks at the value of the land, cost of the materials, and labour that went to build the property. It is a good method to use if you’re looking at a new build property. How to Choose the Right Property Valuation Method? There are a number of different methods used to value property in Dubai, and it can be tricky to know which one is right for you. The most common methods are the Replacement Cost Method, the Market Value Method, and the Income Approach. Each method has its own advantages and disadvantages, so it’s important to choose the right one for your needs. The Replacement Cost Method is often used for new developments, giving a more accurate representation of the property’s true value. The Market Value Method is more commonly used for older properties, as it considers the current market conditions. The Income Approach is often used for commercial properties, as it considers the property’s potential rental income. To choose the right property valuation method in Dubai, you’ll need to consider your specific needs and requirements. Pros and Cons of Property Valuation Regarding property valuation in Dubai, there are pros and cons to consider. On the plus side, a property valuation can give you a good idea of your property’s worth. It can help set a price for your property when you’re ready to sell. It can also help you understand how much your property has increased in value over time. On the downside, a property valuation can be costly and time-consuming. And in some cases, the valuation results may not be entirely accurate. So it’s important to weigh the pros and cons before deciding whether to get your property valued. Final thoughts It is no secret that Dubai is one of the most expensive cities in the world. So, if you’re considering buying property here, it is important to understand how property valuation works. In this blog, we’ve covered everything you need to know about property valuation in Dubai. We’ve looked at the different methods used to value property and the factors that can affect the value of your home. We hope this blog has helped you better understand Dubai’s property valuation process. With this knowledge, you can be sure that you are paying a fair price for your home.

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Property Valuation
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A Comprehensive Guide to Property Valuation in Dubai

Dec 21, 2022

A Guide to Renting a Warehouse in Dubai

The United Arab Emirates is a country located in the southeastern corner of the Arabian Peninsula on the Persian Gulf. Dubai, specifically, is one of the seven emirates that make up the UAE and is the most populous city in the country, with over 3.49 million (2022) residents. The city is known for its luxury shopping, ultramodern architecture, and lively nightlife. In recent years, Dubai has become a hub for business and trade. The city’s strategic location, tax-free environment, and world-class infrastructure make it an attractive destination for businesses looking to expand their operations. If you’re considering renting a warehouse in Dubai, this blog will give you all the information you need to get started. Why rent a warehouse in Dubai? There are plenty of reasons to rent a warehouse in Dubai. First, Dubai is strategically located at the crossroads of East and West, making it a great base for businesses that want to reach customers in both markets. Second, Dubai has a well-developed infrastructure, making it easy to establish and operate a business here. Finally, Dubai is a tax-free zone, which means businesses can save a lot of money on taxes. So if you’re considering setting up a business in Dubai, a warehouse is a great option. With a warehouse in Dubai, you’ll be able to reach customers in both East and West, take advantage of Dubai’s infrastructure, and save on taxes. The process of renting a warehouse in Dubai There are a few things you’ll need to do in order to rent a warehouse in Dubai. First, you’ll need to find a reputable agent who can help you find the right property for your needs. Once you’ve found a few potential properties, you’ll need to schedule a time to visit them and see if they’re a good fit for your business. Once you’ve found the perfect property, you’ll need to negotiate the lease agreement and sign the contract. Renting a warehouse in Dubai is a fairly simple process, but it’s important to research and work with a reputable agent to ensure you find the perfect property for your business. The benefits of renting a warehouse in Dubai There are many benefits of renting a warehouse in Dubai. For one, it is a cost-effective way to store your goods. Additionally, it provides easy access to the UAE market and its many trade routes. And lastly, it offers a safe and secure environment for your goods. The city is strategically located, making it a hub for businesses in the Middle East. It also has a developed infrastructure and is home to many international businesses. Renting a warehouse in Dubai provides businesses with access to a large market. The city is also home to many experienced logistics and supply chain professionals. This makes it easier for companies to find the right partners to help them with their operations. Warehouses in Dubai are also typically well-equipped and offer a variety of services. It includes 24-hour security, temperature-controlled storage, and easy access to transportation. These features make it an ideal location for businesses that need to store and distribute their products. Things to consider when renting a warehouse in Dubai When it comes to renting a warehouse in Dubai, there are a few things you need to take into consideration. With the help of our guide, you’ll be able to find the perfect warehouse for your business needs without any hassle. Determine the size of the warehouse you need: First and foremost, you need to decide on the warehouse size. The size of the warehouse will depend on the nature of your business and the amount of storage space you require. You must ensure that the warehouse is large enough to accommodate your needs. Once you know the size, you can start looking for warehouses that are available for rent. Security is Important: The second is the security of the warehouse. You need to make sure that the warehouse is safe and secure. Amenities are Necessities: The third is the amenities of the warehouse. You must ensure that the warehouse has all the amenities you need. Neat & Clean Environment: The fourth is the environment of the warehouse. It would be best if you ensured that the warehouse is clean and well-maintained. Helpful & Friendly Staff: The fifth is the staff of the warehouse. You need to make sure that the staff is friendly and helpful. Satisfactory Services: The sixth is the service of the warehouse. You need to ensure that the warehouse can provide you with the services you need. Search for the right location: Next, you need to consider the location of the warehouse. You must ensure that the area is easily accessible for yourself, your employees, and your customers. It should also be near the markets or suppliers so that you can save on transportation costs. Consider the type of warehouse you need: When renting a warehouse in Dubai, you must consider the type of warehouse you need. Many different types of warehouses are available, from small storage units to large facilities. You need to decide what type of warehouse will best suit your needs. There are three main types of warehouses available in Dubai: Storage warehousesProduction warehousesDistribution warehouses Storage warehouses are perfect for businesses that need to store product inventory. Production warehouses are ideal for businesses that need to manufacture products. Distribution warehouses are perfect for businesses that need to ship products to customers. Each type of warehouse has its own unique set of benefits. Storage warehouses are typically the cheapest option, while production warehouses offer the most space and the best production facilities. Distribution warehouses provide the fastest shipping times and the best customer service. Whatever your needs, consider the type of warehouse you need when renting a warehouse in Dubai. Rental terms and agreement When renting a warehouse in Dubai, there are certain terms and conditions that you will need to be aware of. These terms and conditions are designed to protect both the tenant and the landlord, and to make sure that the rental agreement is carried out smoothly. Some of the most important terms and conditions include the lease’s length, rent amount, security deposit, and liability insurance. Understanding all of these terms is important before signing the lease agreement. Ask your landlord or property manager if you have any questions about the rental terms and conditions. They will be able to help you understand the agreement and make sure that you are comfortable with the terms. Get the best possible price for your warehouse rental: Finally, you need to consider the cost. The price of the warehouse will depend on the size and location. Make sure to compare prices before making a decision, which should also be reasonable. Keep these things in mind when looking for a warehouse for rent in Dubai, and you’ll be sure to find the perfect one for your business needs. Conclusion In conclusion, renting a warehouse in Dubai can be a great way to store your goods and materials. There are a few things that you should keep in mind, such as the rent cost, the location, and the security of the warehouse. With a little research, you can find the perfect warehouse for your needs.

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Area Guides
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A Guide to Renting a Warehouse in Dubai

Dec 07, 2022

Midtown Central Majan: a true lifestyle and convenient shopping destination

CRC has been leading the commercial property market in the UAE and has proved to be a source of vast commercial property listings and resources. It introduces many commercial projects to facilitate businesses and clients to expand their companies and grow profits. Following the lead, CRC introduces Midtown Central Majan in Wadi Al Safa, Majan. The mall is a unique multi-faced development offering visitors an excellent shopping experience and a place to have a good time with family and loved ones. The total gross leasable area of the mall is 35,000 SQT. FT. that is distributed across the ground and first-floor levels. Midtown Central Majan brings a comprehensive shopping experience with its 37 retail units offering an increasingly wide range of outlets, activities and amenities for various customers. The mall is in an ideal location that is easily accessible to surrounding areas and provides convenient access to all visitors. The top communities with easy access to the mall are Al Barari, Living Legends, Falcon City, Wonders City of Arabia and so on. The mall has more than 100 car parking spaces dedicated to retail with access points from ground and basement levels. The main access to the mall is Sheikh Mohammad Bin Zayed Road, making it easy for visitors and retailers to access the mall. What is in for retailers? Midtown Central Majan offers an extraordinary opportunity for retailers to establish a presence in one of Dubai’s most iconic shopping destinations. Shopping spaces like Midtown Central Majan are always a top option for retailers because of the number of visitors heading towards it. The various offerings of the mall, such as dining, shopping, fitness, arts and events, will make the shopping mall a must-go destination. More and more consumers from the building and the surrounding neighbourhood will naturally visit this amazing space for their daily needs and regular family time. Retailers have a fantastic opportunity to start and expand their businesses as they benefit from the huge in-house audience whose needs and desires perfectly align with the offerings Midtown Central Majan is designed to provide. This includes grocery, pharmacy, food, coffee, luxury shopping and more. The essential and regular traction of Midtown Central Majan makes it a unique and apt option for retailers to get benefitted from the on-growing traffic and regular visits from the shoppers. Nearby Locations Midtown Central Majan is located in a prime location and covers major areas such as Majan, Al Barari Playground, Silicon Oasis, Zayed University, IMG Worlds Adventure, University of Dubai, Dubai Festival City and other nearby locations. Visitors living in most nearby areas have the fastest and most direct access to the mall, which increases the traction of Midtown Central Majan and makes it a great option for setting up shops for visitors. Majan – 1 MinuteAl Barari Playground – 5 MinutesSilicon Oasis – 10 MinutesZayed University – 13 MinutesIMG Worlds of Adventure – 14 MinutesUniversity of Dubai – 15 MinutesDubai Festival City – 15 MinutesBurj Khalifa & Dubai Mall – 20 MinutesDubai Creek – 20 MinutesEmirates Tower – 20 Minutes Facts & Figures Midtown Central is located in Majan, Dubai Land, with more than 22,000 residences in a 3km radius. The number is growing rapidly with the residents of Majan, Al Barari, Arabian Ranches, Falcon City, Living Legends, The Villa and so on. The purchasing power and the frequency of shopping of these residents are high, indicating the huge traction the mall will continue to gain. Thousands head towards Midtown Central Majan for essential weekly shopping, and the footfall is growing every week. Midtown Central Majan made additional investments in high-quality design (internal and external) in 2021 to encourage and maximize movement. To give customers a unique and comprehensive shopping and lifestyle experience, the shopping centre is continuing its expansion strategy with the launch of brand-new outlets and chosen eateries. The mall’s amenities are still being added to, making it a multifaceted community symbol for shopping and a way of life for Majan and the neighbourhood. Mall Segmentation The mall is spread over a leasable area of 30,000 SQ. FT. that is distributed across the Ground and First Floors. Both floors offer a unique experience for all the visitors that fulfil their needs. Ground Floor: A wide variety of outlets, including fashion stores, ice cream parlours, children’s entertainment centres, pharmacies, money exchanges, electronics stores, and restaurants, are housed in a mall specifically designed to accommodate supermarket convenience service-related establishments, with seating areas outside, well-located premium food and beverage tenancies. The mall’s Ground Floor currently has Carrefour and Pharmacy that invite regular traffic from nearby locations. First Floor: The mall’s first floor provides a great shopping experience related to Fashion and Entertainment. A wide variety of merchandise is available on this level, including clothing, accessories, jewellery, footwear children’s entertainment, clinics, electronics, and beauty products. The location of the iconic coffee shop, the central island among retail spaces, will also be on this level. Mall Operation Hours The operation hours of Midtown Central are very flexible and provide convenience to retailers and visitors. The mall is open daily from 10:00 am to 10:00 pm for all retailers except Carrefour. The timing of Carrefour is 07:00 am to 11:59 pm every day. Conclusion Midtown Central Majan is a great shopping destination that offers numerous opportunities for retailers to start and grow their businesses. The mall is combined with shopping and entertainment experiences for the visitors and the shopping options range from grocery, pharmacy, clothing, jewellery, accessories, kid’s fun & entertainment, coffee shops and much more. The mall attracts a huge footfall from the surrounding areas and is easily accessible for visitors residing in nearby locations. The mall offers excellent facilities and amenities for retailers and is now open for leasing.

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Why is it important to get a property valuation service in Dubai?

The Dubai real estate market is one of the world’s most dynamic and diverse. There has been significant growth in the market, with new developments and projects springing up all over the city. If you are considering buying or selling a property in Dubai, getting a property valuation service is important. A property valuation is an estimation of the worth of a property, usually based on recent sales in the area, the property’s size and amenities, and other factors. In Dubai, property valuation services are critical for many reasons. They can be used for taxation purposes, to determine the value of an insurance policy, or to aid in the sale or purchase of a property. This blog will discuss why you must go for property valuation services in Dubai and how you can find the right one. Why is a property valuation service important in Dubai? If you’re considering buying or renting a property in Dubai, it’s essential to research and understand the market. This will help you make the best decision for your needs and budget. In order to make sure that you are getting the most out of your commercial property in Dubai, it is important to consider getting a property valuation service. This will help you to understand the value of your property, as well as the market trends in Dubai. Remember that the value of commercial property in Dubai can fluctuate quite quickly. So, it is vital to keep up-to-date with the latest trends. A property valuation service in Dubai can provide an accurate and unbiased assessment of your property’s value. This can be helpful when you are looking to sell or rent your property, as it can give you an idea of what price to expect. A property valuation report will consider several factors, such as the location of the property, its size, age, condition, and any upgrades or renovations that have been carried out. The report will also look at comparable properties in the same area to determine a fair market value for your property. If you are considering selling or renting your property, getting a property valuation service in Dubai is well worth it. What are the benefits of using a property valuation service in Dubai? When it comes to property in Dubai, it is important to know the value of your investment. A property valuation service can give you an accurate estimate of your property’s worth. Hence, it can help you make informed buying, selling, or renting decisions. There are many benefits to using a property valuation service in Dubai. Here are a few of the most important ones: You will get an accurate estimate of your property’s value.You can make informed decisions about buying, selling or renting your property.You will have a valuable resource when it comes time to negotiate with buyers or renters.You will be able to ensure you are getting the best return on your investment.You will be able to avoid overpaying for your property An accurate valuation will ensure that you can sell or rent your property for the right price and also that you can budget for any future repairs or renovations that may be required. Property valuation will consider any changes in the market, such as changes in property prices or rents and any changes to the property’s condition. The valuation will also consider any property’s unique features, such as its location or history. What should you look for when choosing a property valuation service in Dubai? When choosing a property valuation service in Dubai, you should keep a few key factors in mind. First and foremost, you want to ensure that the service is accredited and licensed to operate in Dubai. This will give you peace of mind knowing that the service is reputable and reliable. Secondly, you’ll want to consider the experience of the property valuation service. How long has the service provider been in operation? What kind of properties have they valued in the past? The more experience service has, the better equipped they’ll be to provide an accurate property valuation. Lastly, you’ll want to compare rates between different services. Make sure to get a few quotes before making your final decision. Considering these factors, you can be sure to choose a property valuation service that is right for you. What factors influence the value of a property? Many factors can influence the value of a property. Some of these factors are within the property owner’s control, such as the condition of the property and the type of improvements made to it. Other factors, such as the location of the property and the local market conditions, are out of the property owner’s control. It is important to remember that a property valuation certificate ultimately determines the value of a property. So, even if a property is located in a desirable area and is in excellent condition, it may not be worth as much as another property if there is not as much demand for it. Let’s have a look at these factors in detail: The condition of the property. A well-maintained property will typically be worth more than one that needs repair.The size of the property. Larger properties will typically be worth more than smaller ones.The age of the property. Older properties will typically be worth more than newer ones.The zoning of the property. Properties zoned for commercial use will typically be worth more than those zoned for residential use.The income potential of the property. Properties that have the potential to generate a higher income will typically be of high worth and vice versa. Conclusion In conclusion, if you are considering buying or selling a property in Dubai, getting a professional valuation service is well worth your time and money. A property valuation will give you an accurate estimate of your property’s worth and any potential associated risks or problems. This will play an important role in the negotiation process. It can also help you avoid overpaying or selling your property for less than it is worth. With the help of a property valuation service, you can ensure that you get the best possible deal on your next property transaction.  So, if you are considering getting a property valuation service in Dubai, we are a team of qualified and experienced professionals. We understand the importance of getting an accurate valuation for your property, and we are dedicated to providing our clients with the best possible service. We offer a free consultation so that you can discuss your specific needs with us, and we will give you a detailed quote outlining our fees and services. Contact us today to learn more about why you should choose us for your property valuation needs.

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Property Valuation
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Why is it important to get a property valuation service in Dubai?

Nov 11, 2022

CRC Commercial Property Market Report Q3 2022

The commercial market benefited as a result of both existing businesses relocating to more prestigious sites and the number of new company licenses reaching an all-time high in Q3 2022. The government’s efforts to boost the economy after a difficult time seem to be having notable success. For instance, the possibility to maintain full ownership of a company without the requirement to find a local partner has led to a rise in international investment. DOWNLOAD THE REPORT With transactions up 133% and retail transacted value up 184% in Q3 2022, we experienced retail growth that was previously unheard of. This is because prominent retailers like Brands for Less (BFL), Forever 21, and many more have opened additional locations and expanded to serve a wider spectrum of customers. Commercial Sales Commercial real estate in Dubai saw a sharp increase in sales transactions in Q3 2022. Increased demand has impacted the market, with prices increasing as buyers look to acquire offices, retail and warehouses to meet their business demands. When comparing 2021 & 2022 Q3, transactions increased by 28%, with a 66% increase in the total value transacted. Various factors have contributed to the rise in demand. These include the new Green and Golden visas, a strong recovery from the pandemic, government initiatives to support businesses and increased business licence issuance. Innovative, strategic approaches by the government have certainly stimulated the economy in Dubai where we saw more than 45,600 new licenses issued in the first half (H1) of 2022 with a growth of 25% compared to H1 2021. In Q3 2022, office transactions increased by 41% and the transacted value increased by 56% compared to Q3 2021 due to a rise in demand for spaces and a shortage of quality grade A spaces. With 254 units sold, Business Bay remained the most popular area followed by Jumeirah Lake Towers and Barsha Heights (Tecom), with 170 and 41 transactions respectively. International City, Dubai Silicon Oasis and Dubai Marina recorded moderate transactions. Retail witnessed significant growth of 133% in transactions and a 184% increase in value transacted. This growth can be attributed to a buoyant and resilient economy amidst problems in Europe. Areas such as International City, Dubai Marina and Muhammad Bin Rashid City have been top choices for companies to start or expand their businesses. Many large and medium companies launched or expanded their retail footprint in Dubai. The growth in all sectors of commercial real estate is a clear indication of a stronger business environment in the UAE, particularly in Dubai. We have seen a significant increase in demand for commercial properties compared to Q3 2021, with overall buyer leads increasing by 38%. Increased tourism and growth in new business licences, alongside more companies looking for larger or extended spaces, have led to an increase in buyer enquiries for warehouses and retail by 33% and 85% respectively. The demand for office spaces has also grown by 21% compared to Q3 2021. Going forward we anticipate further price growth as a result of increased demand for commercial properties. Government decisions, laws and initiatives have enabled businesses to resume work at full capacity, leading to offices, retail, and warehouses witnessing a notable growth in sales by 25% overall compared to Q3 2021. At CRC, the sales of office spaces in Dubai increased by 15%. The top communities transacted for offices were Jumeirah Lake Tower, Business Bay and Barsha Heights. COMMERCIAL LEASING Numerous foreign businesses, including Meta, Optimizely, Rapyd, Folkart, Teneo, Directimo, and Pedersen & Partners, opened their operations following Expo 2020 to serve a significant regional market. In the upcoming quarters, we anticipate that rental prices will continue to rise as demand for commercial property leasing grows. In the third quarter of 2022, leasing transactions at CRC increased by 3% compared to the same period in 2021. Transactions in retail spaces increased by 18%, while transactions in offices and warehouses remained unchanged. The top communities for retail transactions were Majan, Dubai Marina and Arjan, with higher demand recorded in Al Quoz, DIP, and Jebel Ali. The overall tenant leads for commercial properties in Q3 2022 increased by 11% compared to Q3 2021. Office space enquiries increased by 28% in Q3 compared to the same period last year as businesses opted for larger offices to accommodate their growing companies and headcount. Prior to the completion of Uptown Tower later this year, DMCC has revealed that all of the office space has been pre-leased. As DMCC increases its presence in Dubai to meet its rapidly expanding roster of over 21,000 member companies, over 495,000 square feet of Grade A office space across 22 floors has been pre-leased. The sector which topped Dubai’s commercial leasing market was IT, with many companies opening new offices and facilities in Dubai to expand their headcount. One of the biggest technological corporations in the world, Intel, will open its first artificial intelligence R&D facility at Dubai Internet City (DIC), highlighting the emirate’s desirability as a major location in the GCC for establishing innovation centres. F&B and Hospitality sectors are among the top business types that showed exponential growth in Dubai. DOWNLOAD FULL REPORT

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Market Report
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CRC Commercial Property Market Report Q3 2022

Nov 03, 2022

Finding The Best Commercial Property for Sale in Dubai

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.

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Commercial Sales
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Finding The Best Commercial Property for Sale in Dubai

Oct 26, 2022

What to consider before renting retail spaces in Dubai?

Dubai is an exotic city with a beautiful landscape and infrastructure. In the past few decades, Dubai has developed a lot in terms of infrastructure and technology. This is because of the strong and stable economy of Dubai. That is another reason people from all over the world come to Dubai for better careers and earning opportunities. Apart from this, many big-shot celebrities and politicians have Dubai on their lists as their favourite holiday destination. Many non-residents have invested in buying various commercial and residential properties in Dubai. The prices of these properties have increased over time, and thus, the economy of Dubai continues to remain strong and stable. Also, Dubai is quite popular among people as a vacation destination. So, a majority of its economy is dependent on tourism also. Especially the expensive brand showrooms and labels with outlets in all the prime locations in Dubai attract many tourists daily. This is the reason is why starting your own business in Dubai can be a very good idea. But not every startup can afford its own office or retail space. For this reason, many people go for retail spaces for rent in Dubai. So, in this article, we will discuss what things a person should consider before renting any retail space in Dubai. Renting a retail store Buying a retail store in Dubai is a massive commitment and requires a huge investment. So, it is advisable to go for retail spaces for rent in Dubai. Most big and small businesses rent retail stores or take them on a lease for a few years. This saves them the cost of buying the whole property and provides the flexibility to pay for it every month. All tenants should perform their due diligence to ensure that their money is spent properly on the right property, starting with the cost of renting in the first place. So, if you are indeed going to rent a property in Dubai, here are the things you must consider before doing so: 1. Location of the Property Not just in the case of Dubai, but anywhere in the world, if you are looking to rent a retail space, you must consider the property’s location first. Especially in Dubai, the rent of the properties is location-specific and varies from place to place, irrespective of the nature of the business. There is a greater rent in Dubai Marina, for example, than there is anywhere else in Dubai. Because of the strong demand in the area, landlords must give incentives to attract tenants. So, before going for retail spaces for rent in Dubai, you must research the location. While conducting the research, you must consider two main things. Is the location having enough relatable footfall for my business? For example, if you open a food joint, are people going to be attracted to your joint? If you open a food joining in an area with plenty of malls, it might not be a very good idea because most food joints are already in the mall.Secondly, you have to consider the market competition in your area. For example, if you open a perfume store in an area where already big brands have their outlets, then most people will go for those brands rather than your local perfume. In case of this, your business might not flourish as much and might even have to suffer losses. So, choosing the location based on the business you are setting up is very important before getting retail spaces for rent in Dubai. In other words, make sure you know what to expect from the location of your rental property. 2. Size of the Property Another thing worth considering before renting a space in Dubai is the size of the retail store. Depending on your business, the size of the retail space also needs to be accurate. Most of the retail spaces available for rent in prime localities of Dubai are quite expensive. So, to avoid paying so much, most people go for smaller retail stores. But if you do this, your retail space may become quite congested and cause a commotion, which looks ugly and local. Also, if you are renting an apartment and have a small family, you can accommodate in a small rented apartment to save money. 3. The terms and conditions of rent You must always ensure that you have read the terms and conditions of the landlord before signing the rent agreement. There are always specific terms and conditions when you go for retail spaces for rent in Dubai. So, it is always advisable to get your rent agreement checked by a lawyer before signing it. Some conditions might cause trouble later on, so you must check on the T&Cs before signing the agreement. 4. The furniture and stationery Before renting retail space in Dubai, you must check with the owner if the space is furnished or semi-furnished. Depending on what furniture is already available, you can decide whether you need to buy anything else or not. If the retail space has nothing, you might want to look for another place with some furniture or vice versa, depending on your starting business. It will also give you an idea of how much money you need in your spare to buy some good furniture for your store. Also, this will give an idea of whether the rented retail space has the scope to fit the furniture of your choice. If the landlord does not provide any furniture for the property, you have to rent it separately. This is a good idea if you want to customize the look and style of your home. 5. The add-ons Most landlords and retail store owners do not provide extra facilities like air conditioning, water supply, washrooms, changing rooms, electricity connection, etc. If you are going for retail spaces for rent in Dubai, you must consider all these things and check with the landlord. They might charge more for them if they offer you all these facilities. But if not, you have to manage your expenses to make these facilities available to your customer. This is crucial because it is Dubai, not some local street market shop. The customers you will get are high-ended elite people, so your retail store needs to look classy and comfortable accentuated with all the basic amenities. These things are all optional. This means that if you choose to rent an apartment with basic facilities, you will have to pay a lower rent. So, if you don’t want these facilities, you can save money by opting out of these amenities. 6. The cost of living in Dubai Before starting any business or even considering renting retail space in Dubai, you must consider your own cost of living in Dubai. Dubai is an expensive country, so the cost of living, including your rented apartment, can be much higher. If your business runs successfully, you can recover all this money with a profit. Otherwise, you might end up spending all the money you have earned just on the cost of living in Dubai. This is why you must have enough savings to cover your daily expenses because the cost of living in Dubai is much higher than in other middle-eastern countries. 7. Research and analysis This is finally the most important step. Research and analysis are the first steps in starting any business. You must research the scope of your business or startup before going for retail spaces for rent in Dubai. If your research is weak, you might lose more than you can earn. However, Dubai has a very good scope for any kind of business. Still, the business you need to set up can be different. You must consider the following things while researching – Do I have enough capital investment to make?Do I have a monetary backup?Do I need to have insurance?Do I need to take a loan?Will my business be able to attract the required footfall?What is the competition in the market?My retail store is located in a prime locality that can attract a good crowd. There can be many more such questions that you might need to find an answer to before investing in renting retail space in Dubai. You can consider the surveys done by others or conduct your own research and survey to find an answer to these questions before investing. Conclusion Thus, going for a retail store for rent in Dubai can be a good idea if you aim to expand your business overseas. But you must also bear with the consequences and must carefully analyze the outcomes of your investment. Apart from all these points mentioned above, many more things can be considered. If you are a novice, consider taking advice from someone who already rents a retail store in Dubai.

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Commercial Leasing
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What to consider before renting retail spaces in Dubai?

Oct 07, 2022

Guide to establishing your retail store in Dubai

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.

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Commercial Leasing
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Guide to establishing your retail store in Dubai

Sep 23, 2022

Guide to searching your first office for rent in Dubai

The UAE is a thriving economy, and all the world’s greatest and biggest business ventures are keen on setting up their businesses in the UAE. Specifically, when we talk about UAE, the first name that comes to mind is – Dubai. Dubai is one of the world’s most economically and technologically advanced cities today. Many eminent celebrities and politicians have invested in Dubai by buying properties and starting their businesses. Why Dubai? With the rise in the number of business ventures in Dubai, the renting and leasing spaces in Dubai have also increased. Dubai is also witnessing a huge rise in coworking spaces, where several freelancers and entrepreneurs have started working together for mutual benefit and better networking. For this reason, investing in purchasing commercial properties in Dubai can be intelligent. Through this investment, you can earn a fortune considering the rise in the number of business ventures in Dubai. Many people provide office for rent in Dubai. However, it depends on the nature of the business and the country’s laws. But investing in any Dubai commercial property can never be in vain. There are many office for sale in Dubai, so in this article, we will learn what you need to know before you lease your first office in Dubai. The DOs and DON’Ts of renting a space in Dubai Considering the basic human factors, the first thing you need to see while getting any office for rent in Dubai is the ventilation and the spaciousness. Your office space needs to be well-lit, well-conditioned, and properly ventilated. As Dubai is an arid country, and the atmosphere can be hot on some days, so air-conditioning in every corner of the office is a must. But this is not the only requirement. There are many other things to be considered. Your office space needs to be spacious and organized to motivate an environment of discipline and willingness to work. Otherwise, employees might not be willing to sit for long hours on the office premises, ultimately affecting their work. Let us see what other things we need to take care of: 1. Take advice If you are unaware of Dubai’s market and the value of its commercial areas, you must consider hiring an agent for this need. A real estate agent might be very helpful in providing insight on the best location to lease or rent an office space, which locality will best suit the nature of your business and which area will attract maximum footfall. When considering an office for rent in Dubai, a consultation from a real estate agent must be considered a viable solution for any recommendations and guidance. This is also important to eliminate legal problems while renting or leasing office space in Dubai. 2. The Budget While considering any office for rent in Dubai, you must consider the monetary aspects. Vital details like budget, turnover, hidden costs and charges, the cost of the legal documentation, repair and maintenance costs, security deposit size, etc., need to be considered before leasing or buying any commercial property in Dubai. If your business does well, you are good to go. But if anything turns sour, these charges and the rent can make you suffer huge losses. So, first, you need to be clear on your budget and then decide which area suits you best according to your needs and budget. One must also examine any probable rise in the rent and cost of the property dispensing on the changing market scenarios. This will help you be prepared for unforeseen outcomes when it is time to renew your lease agreement. 3. Terms and Conditions Unlike the shopping discount vouchers, the terms and conditions for renting and leasing commercial property in Dubai are not star-marked. So, you must read and clarify the leasing agreement beforehand. Even if you are giving your office space for rent to someone, you must clarify the terms and conditions with him before signing any legal document. This will help you to prevent any future conflict with the owner. Any terms and conditions like installation and building of cubicles, painting the walls, etc. must be mentioned in the lease agreement before going for any office space for rent in Dubai. 4. The agreement is the key The rent or lease agreement the two parties sign is the legal bond between them. Everything that needs to be mentioned must be mentioned in the agreement without fail. If you are leasing your commercial property to someone, you must be clear on the following points: The nature of his business.His capital backup.His criminal background (Police verification)The consistency of his business.The scope of his business in the market If any of the above things are not considered, there can be a potential loss. So, to avoid any hassle later, you must read the terms and conditions of the agreement and add or delete any clause in the agreement that you don’t concur with. Factors to be considered before leasing an office in Dubai One must consider many factors before looking for any offices for sale in Dubai or offices for rent in Dubai. Some of these are: Good and well-furnished offices are a must. They must be spacious and ventilated. The office environment should be employee-friendly, and the furniture must be designed considering human factors. This will ensure more employee dedication and productivity.Consider the proximity of your office to other competing companies and assess their impact on your business. For example, if you set up a food joint just outside a mall, it won’t be much successful because the mall already has plenty of food joints. Rather, a food joint in an area where most offices are located will be more advisable because the office workers might rush to the joint during their break time. So, the location you choose to rent or buy should be decided according to the business you run.Ensure enough parking space. Dubai is a rich country, so do not expect the employees to come on bikes and scooters. Also, if you have rented a coworking space, you might have to bear with plenty of vehicles daily. So, if your office premise doesn’t have enough parking, the employees will run hither and wither, ultimately taking a toll on their time and energy. The process of renting office spaces in Dubai There are probably a lot of legal formalities you will need to complete to be able to rent or lease office space in Dubai. But if you have already hired an agent to do that, you can relax. Otherwise, you might have to undergo a tedious process with the documentation and other things. Hiring a real estate agent can help you in this regard. While going for office space for sale in Dubai, you must consider mobility, facilities, and location. Once you consider these three things, you will find the best place to start your business. This will also help you retain your employees for a longer time. Once you find the right place to set up your office, you must first pay the deposit amount. This amount depends on the owner, but usually, it is the collective rent of 2 months. Next, you need to pay the brokerage to the broker who helped you find the estate. This broker is none other than your real estate agent. The same real estate agent will help you draft the rent or lease agreement in which all the terms and conditions will be predefined. Then, you must take a licence from the Dubai Electricity Department (DED). After this clearance and a few other documents, the place will be all yours. Do not forget to make any negotiations before signing the agreement. If you need anything changed or altered, get it done before signing the agreement. Find the right location Before you pay your rent or deposit or even start renting an office space, looking for the perfect location for your business is crucial. For example, if you want to open an IT consultancy, find a location that can attract the maximum workforce and is considered an IT hub. If you want to open an art gallery, make sure you open it in an area where maximum tourists visit so that your gallery gets maximum exposure. Based on your budget and other things, you must look for an ideal location to set up your business in. Conclusion Finally, it can be said that renting or leasing a commercial space in Dubai can be a very intelligent investment in your business. Depending on your business type, any commercial property is available for rent and lease in Dubai – offices, retail stores, coworking spaces, factories, warehouses, etc. But, one thing that needs to be taken into account is before going for any office space for rent in Dubai, you must consider hiring a real estate agent. He will guide and recommend you the best, depending on your business and budget.

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Commercial Leasing
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Guide to searching your first office for rent in Dubai

Sep 16, 2022

Can foreigners buy commercial property in Dubai? – A Complete Guide

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.

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Best places to buy office supplies & furniture in Dubai

Dubai is the city of gold and business. Here, you can find thousands of business places decked up beautifully with top-notch and latest premium-quality furniture from the best providers. Suppose you also own an office in this city. In that case, you should also decorate it with the best supplies and furniture since incorporating good, relevant, and thoughtful pieces of furniture not only enhances the value of your office but also converts it into an energetic, professional, and active place for working.If you are from Dubai and looking for the best office supplies and furniture provider around you, you have come to the right place. In this guide, we have noted the top six leading office supplies and furniture providers, distributors, and installers in Dubai. So, if you need the best furniture for your office, keep reading this guide till the end, and explore the best places to buy office supplies and furniture in Dubai.Top places to buy office supplies and furniture in Dubai:1. WorkspaceWorkspace is a leading office furniture provider in Dubai with two other outlets in Rotterdam and New York City. It is a great office furniture manufacturer, designer, and supplier from where you can get all types of office furniture within your budget. When it comes to quality, you can trust the workspace, closing your eyes. It makes incredibly affordable, trendy, vintage, and edgy-looking furniture that can effortlessly enhance the elegance of your office space.From storage cabinets to chairs, desks, lounge cabinets, and acoustic furniture, you name it, and you can get it with workspace. Their highly professional team members are always ready to find and design the best furniture for your office premise to enable you to make a dream office. You can hardly find a customer-oriented office furniture provider like Workspace in Dubai. The best part of this store is that you can make customized furniture here. Following the conventional B2B method, the workspace takes care of all customers from project planning and designing to execution. Your office will stand out from other offices if you incorporate the edgy furniture from the workspace. So, make your workspace better today only with workspace!2. Office MasterIf you are looking for trendy and luxurious office furniture and supplies in Dubai, OfficeMaster is your final destination. Since the office is where you and your employees spend most of the time, it has every right to be nicely decorated with the most luxurious and over-the-top furniture. With Office Master, you can make your dream customized office any day. Along with furniture, you can get interior design and other services from here.Office Master offers a wide range of furniture, supplies, and other services, including office Chair, Visitor Chair, Leather Chair, Mesh Chair, Educational Chairs, Ergonomic Chair, School chairs, Counter Stools, Training Chairs, Office Stools, Reception Desk, Lounge Chairs,  Office Desk, Height Adjustable Desk, Workstations, Executive Office Desk, Coffee Tables, Meeting Tables, and much more. They ensure everything is according to their client’s requirements and goes with their offices’ colours and themes.Quality is another critical thing you must check while buying furniture. But, with Office Master, you no longer need to worry about quality. Check out their official website and place your order with Office Master soon!3. Office OneOffice One is our next pick, another leading office furniture provider all over Dubai and Abu Dhabi. Here, shopping offers plenty of choices with more than 100+ top brands and 5000+ products. In short, Office One has everything for every office. Here, you can get a significant thing like a drawer or durable table and small things like a highlighter or a ball pen that make this place unique.From office supplies and stationery, like, writing instruments, paper products, office essentials, mailroom and packing supplies, box files, and ring binders, filing accessories, green office, desk organizers, sign, display, and ID holders, cash handling, and key cabinets, to multiple boards, safe, and furniture, including chair and chair mat, decorating accessories, lighting, filing cabinets and trolleys, filing cupboards and covers, shelf, sideboards, drawer units, room divider, chubb safe, Valberg safe, you can find EVERYTHING at Office One. It is a one-stop destination for all your office supplies and furniture needs. It makes Office One the number one choice for many people from Dubai who can get comprehensive services here.The shop has set everything keeping their clients in mind regarding the price of the supplies. As a result, you can get your hands on all stores without investing lots of money since everything is exceptionally budget-friendly here. So, do shop from Office One at your early convenience.4. FurnicraftIf you are on a journey to making your office premise a special and sustainable place that encourages excellent working flow and learning, a good choice of furniture and other things is a must. Furnicraft LLC is a top-rated office furniture provider based in Dubai- the United Arab Emirates, that not only makes but also distributes and installs furniture for offices. Furnicraft has an office along with a showroom where they display all the products their company makes. The excellent features of Furnicraft are their premium-quality furniture, fast and affordable delivery, massive collection, and best price.Furnicraft provides furniture solutions for offices in Dubai online as well. So, if you do not get the time to visit their store to select supplies for your office physically, you can order anything online. However, seeing the store and the products before you make a purchase online is recommended to get value for money. The best-selling and top-rated furniture you can get from Furnicraft are different types of office chairs, all types of office desks, workstations and cubicles, meeting rooms, reception desks, coffee tables, sofas, training tables, flooring, public furniture, steel furniture, wallpapers and blinds, storage, fillings, and other stuff. Whichever piece you choose from Furnicraft, you can get their signature creative touch on all products. The durability, value for money, trendy looks, and best prices make Furnicraft a one-of-a-kind office furniture shop in Dubai.5. SAGTCOSAGTCO is another leading office supplies and equipment provider in Dubai best known for making, supplying, and installing furniture in their client’s offices according to their needs and preferences. SAGTCO has been in this field since 1995 and now has become one of the top-rated furniture distributors in Dubai. Their business is divided into three major divisions. You can find thousands of high-quality, trendy, affordable furniture ranges in the office furniture and interior fit-out division.You must always select your office furniture with knowledge, patience, and time. In that case, you can always receive the best assistance from SAGTCO and their team. Here, you can visit their store to get your hands on premium-quality hand-picked furniture, including trendy office screen panels, office meeting tables, customizable office chairs, office sofas, multipurpose chairs, office system furniture, desks, modern office workstations, and work units or partitions, high adjustable desks, executive furniture, and many more other products. Additionally, SAGTCO offers free space planning, highly customizable furniture, professional installation, and express delivery services all over Dubai. So come and visit the store at your early convenience and select brilliant furniture for your smart office soon!6. High MoonHigh Moon is our final pick from where you can get your hands on the new-age, fashionable, elegant, excellent, and incredibly inexpensive furniture and other products and services for your office in Dubai. In High Moon, you can get only good-quality products with the latest designs, colours, and look that will surely compliment the overall look of your workplace. From the executive desk, reception desk, workstation, conference table, and storage to an ergonomic desk, lounge seating, and a wide variety of executive chairs, you can get everything under one roof at an affordable price. Furthermore, after selecting the furniture’s size, colour, and designs at high Moon, you can get fast and reliable free delivery options. So if you are interested, visit the official website of High Moon and get your hands on the dream furniture and make your office premise a better place for work and growth.ConclusionThese, in short, were the best places to buy office supplies and furniture in Dubai. Office supplies are crucial and can make or break the aesthetic of office space. This is why it is So, all office owners from Dubai, get ready to visit the places mentioned above a get your hands on the affordable, suitable, and matching office furniture and supplies for your office soon. Make sure to keep the colour of the flooring, walls, and other decorations, the type of office you own and the size in mind for selecting the best office furniture today. Visit these places and choose the supplies you need for your office.

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Best places to buy office supplies & furniture in Dubai

Aug 19, 2022

Top 5 Best Areas To Rent Warehouses In Dubai

When someone says Dubai, the first thing that springs to mind is wealth, beauty, and glitz. Instead, Dubai is a shining example of successful development. The arid city has given way to massive skyscrapers and shopping malls. The Burj Khalifa, the world’s tallest building, is one of the city’s major attractions.The sheer growth of this city’s economic and commercial aspects is enough to urge you to pursue your business enterprise. There are numerous advantages to doing business in Dubai, just a few reasons many professionals recommend.If you heard it, then you heard it right. Business in Dubai is indeed booming. Dubai is an ever-evolving city, and when it is about industrial and business success, it holds the utmost importance.One of the most prevalent questions from start-ups is what are the best places in Dubai for having warehouses for your company. This article will discuss the top 5 best places in Dubai to rent warehouses.Al QuozIt is critical to recognize that not all warehouse facilities are evenly distributed if you are a company owner seeking warehouse space to buy or lease. Initial research can save you energy, cost, and frustration if you choose a warehouse location that isn’t a good fit for you and your company. However, you won’t have to do any research because AL Quoz is regarded as one of the best real estate options for warehouses.Al Quoz is the most famous region in Dubai for renting industrial and manufacturing warehouses. Its prominence stems from its centralized spot and convenient proximity to main highways such as Sheikh Zayed Road, among the city’s largest and oldest industrial sites.Those seeking a warehouse to rent in Dubai Al Quoz can find many options for urban and business use. The remarkable thing would be that a warehouse for lease in Al Quoz, Dubai, comes in various sizes. Some warehouses in Al Quoz provide offices and restrooms for rent, while others include parking areas. These vast warehouses host many vehicle service facilities, art museums, and handicraft shops. A warehouse for rent in Al Quoz, Dubai, costs approximately AED 195k. However, charges vary substantially based on the warehouse scale you select.Ras Al KhorStoring, manufacturing and transport are just some of the uses for warehouse and industrial sites. Each industry you look at will have its unique set of regulations and duties, so carefully consider the building’s stated function and address the owner and selling broker pertinent questions to check the space matches your needs. It is essential.Ras Al Khor, located between Dubai-Al Ain Road & Sheikh Mohammed Bin Zayed Drive, is the 2nd most excellent sought region in Dubai for renting warehouses.Ras Al Khor, situated inside the city’s suburbs close to Nad Al Sheba, is a famous place for both residential and retail warehouses for lease in Dubai.In Dubai Ras al Khor, you can acquire a well-maintained storehouse in various sizes to fit your company’s needs.The neighbourhood is also well-served by RTA public transport, and the manufacturing industry contains basic amenities such as mosques, eateries, and cafés.Ras Al Khor is also adjacent to International City’s rental complexes, providing affordable accommodation alternatives that might significantly benefit your employees. Those looking to rent a warehouse in Ras Al Khor will know that the average annual cost is AED 127k.Dubai Investment ParkYou’ll need to think about cubic floor space compared to the accessible floor space in manufacturing. It is where the level of the ceiling plays a role. Remember that you always have space utilization if you need to pile products, cartons, or pallets. There’s no point in renting a building with a vaulted ceiling if you don’t need storing area. If you choose Dubai Investment Park warehouses, you may avoid all of these headaches because they will take care of the minimal minimum.Dubai Investment Park, a mixed-use project, is ranked third among the best places to hunt for buildings for lease in Dubai. At Dubai Investment Park, Warehouses for rent are equivalent to AED 178k per month. While DIP is a giant industrial area that accommodates moderate to heavy industry, organizations that provide storage services will benefit from renting a warehouse in DIP Dubai.The city’s closeness to the Jebel Ali Port and Al Maktoum International Airport and good accessibility to Sheikh Mohammed Bin Zayed Road (E311) and Emirates Avenue (E44) make it a perfect location for warehousing and transportation businesses. DIP Stage 2 of The project is available for rent to anyone looking for a facility in Dubai Investment Park. Warehouses have been outfitted with garage and storage areas, workplaces, and sometimes even mezzanine floors in these locations. In addition, amenities such as mosques, eateries, and shopping establishments are close by.Jebel AliRegular storage activities include determining whether or not capital costs will be used in the contract. Consider what your agreement covers and doesn’t, such as roofing needs, taxes, coverage, and upkeep. As the tenant, you may be liable for some or all of these expenses. In addition, you might inquire about customary charges, such as who will be responsible for the grass and rubbish collection. Your main objective is to find facilities that can manage your traffic while maintaining your assets safe in the meantime. However, in Jebel Ali, you won’t have to be concerned about operating expenditures.Jebel Ali ranks fourth on this list of best places to rent buildings in Dubai, and it’s simple to understand why. Jebel Ali is close to Mina Jebel Ali, the port region, and has easy accessibility highways such as Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311).It is also conveniently located near the Al Maktoum International Airport and the Expo 2020 venue. The Jebel Ali Commercial Zone is a beautiful place to look for low-cost warehousing in Dubai. These buildings have industrial and minor production units, primarily used for warehousing. AED 281k is the median price of renting storage in Jebel Ali.Al QusaisMake sure to inquire about the property’s power source with the owner to confirm that it satisfies your electricity demands. Consider whether the building would have enough power outlets before renting it out. Make sure you have enough electricity for recharging and day-to-day activities if you plan to deploy large electric cars inside the facility. Hiring an electrical expert or electrician to analyze and evaluate any industrial building you’re interested in leasing is preferable. They’d be ready to discern if the structure has adequate current and power to avoid catastrophic situations like a transformer getting blown up.The neighbourhood of Al Qusais ranks last as one of the most desirable housing options buildings in Dubai. Al Qusais’ commercial sectors, Al Nahda and Muhaisnah are placed close to the Dubai-Sharjah boundary. As a result, a storehouse for lease in Al Qusais Dubai is ideal for storing in sectors such as FMCG, electronics, vehicle components, food, and furnishings.Nearby these facilities, numerous public transportation alternatives exist, including RTA city transportation and Dubai Subway lines. These buildings are also adjacent to Al Qusais housing estates, where you can find low-cost homes to rent. This can be a significant determinant if a corporation is willing to accommodate its employees.AED 128k is the gross price storage value in Al Qusais.Things to understandDubai is now the most famous place for individuals wanting an opulent and exhilarating lifestyle, attracting investors worldwide. Historical sites, impressive residential complexes, majestic skyscrapers, boundless commercial growth potential, and thrilling nightlife are just a few of the attractions in this city.Dubai is becoming a worldwide centre for trade and entrepreneurial skills due to its business-friendly architecture and regulations. If you’re considering launching a business in Dubai, understanding which areas offer the best commercial property portfolio could be crucial to your organization’s growth.In addition to being a perfect holiday spot, the city of Dubai has much more to offer. Especially if we are talking about business and enterprises, Dubai provides every resource a business may want in their venture, whether a small business or already an established one. All you have to do is research all your business queries. For instance, finding the locations for perfect warehouses in Dubai is not a complex task. Now more than ever, since we already mentioned them in this article. Warehouses are undoubtedly an integral part of the business. Therefore, you should do your research and ask every question in your mind to know the ins and outs of a placeConclusionRegarding hiring storage space, security may be the most critical consideration. If you have some valuable things in your warehouse, you’ll want to keep them safe. You will suffer with financials if your facility is stormed and your products are taken.

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Top 5 Best Areas To Rent Warehouses In Dubai

Aug 05, 2022