Rent Commercial Properties in Dubai

What is Commercial Property?

Land or space utilized for business purposes is referred to as commercial land for rent in Dubai. It might be an office, a restaurant space for rent in Dubai, a warehouse, a plot, or even a structure. Operating a business is impossible without commercial property for rent in Dubai.

For instance, shops need space to sell products to clients, offices need space for staff to work, and warehouses need space to hold large amounts of commodities.

Various Types of Commercial Property for Rent in Dubai

1. Complete Building

In addition to giving you room, renting an entire building in Dubai improves your chances of expansion success, and building a solid reputation in the business community. You have total control, and the building can be utilized for anything.

If your business is big, renting a whole building is wise. If not, you can make more money by leasing extra space to other companies.

2. Office Space

Because every firm has different demands, Dubai offers a wide variety of office space options. Regardless of your company’s size, you may find appropriate space.

3. Shared Office

For independent contractors and any other small team, this is the most excellent choice.

4. Corporate Office

Large corporations might find corporate offices in Business Bay or Downtown Dubai.

5. Serviced Offices

Don’t worry if you own a tiny firm with little money to spend on services. In addition to many other services, Dubai’s serviced offices include furnishings, internet, and electricity. You may get started working immediately by renting a serviced office.

The good news is that, based on your business plan, you can rent it for a short or lengthy period.

6. Residential Building

Dubai residents can find opulent apartment and penthouse rentals in a selection of distinct residential neighbourhoods. The family flats situated in the communities give residents access to parks, neighbourhoods, schools, and shops.

Many contemporary living areas include features like gyms and swimming pools for the comfort of investors. You can choose any residential building depending on your needs, wants, and way of life.

7. Showrooms

Dubai offers excellent space for offices and structures, as well as for displaying and selling goods to clients. Numerous showrooms are accessible.

It is easy to find small showrooms in expanding areas. There are luxury showrooms in well-known places.

Dubai showrooms are ideal for drawing in and impressing clients for any type of business.

Popular Locations for Dubai’s Best Commercial Spaces

Several places for commercial properties for rent Dubai are appropriate for businesses looking to launch, grow, and prosper.

1. Downtown Dubai

Due to the presence of well-known structures like the Burj Khalifa, it is the most notable commercial location for rent in Dubai and is referred to as the city’s centre. It provides upscale shops and opulent offices for lease.

2. Business Bay

One of the primary business districts for commercial properties for rent Dubai is Business Bay. Because it offers modern facilities and cutting-edge infrastructure, many businesses are based here.

3. Dubai Marina

This neighbourhood is well-liked for its lovely waterfront vista and chic office buildings. Employees and customers are drawn to the area’s abundance of dining alternatives and entertainment venues.

4. Jumeirah

It is the most reasonable choice and is regarded as the most significant choice for startups despite its excellent location.

Advantages of Dubai Commercial Property

It’s a wise choice whether you’re renting a modest commercial space in Dubai or a primary corporate space. Dubai has many benefits and is a fantastic destination to live and work.

1. Constantly Active

Dubai is indeed one city that never sleeps, where business is carried out day and night so that one might connect with customers, partners, and other companies.

2. Wonderful Lifestyle

People can enjoy an excellent lifestyle in Dubai because it offers outstanding opportunities to live and work effectively. People can achieve a complete balance between their professional responsibilities and social activities because restaurants unite with entertainment spots as well as shopping centres.

3. Modern Facilities

Commercial properties in Dubai are equipped with high-tech and modern comforts, such as fast internet, safety, and comfort. Dubai offers all such amenities that are indispensable for running a business effectively.

4. Flexible Lease Options

Dubai has a plethora of commercial real estate available. The icing on the cake is that you can have short-term or long-term leases depending on your requirements and your budget.

Things to Do After Renting a Commercial Property in Dubai

Here are the steps you must take after locating a suitable property for your company:

1. Make the Required Preparations

Now that you’ve located the ideal business property to purchase, take into account these critical aspects:

1. Obtain connections for power and water from DEWA.
2. Select an insurance provider to pay for damages resulting from your business.
3. To arrange the area, hire an interior decorator.
4. In Dubai, there are a lot of independent businesses and interior design organizations.

Whether renting or buying a commercial property, interior design and upkeep are advised to maintain the business space’s charm. When making plans for commercial leasing, make sure to account for these factors.

You must keep in mind, nevertheless, that you cannot alter a business space rental without the landlord’s consent. You must include this provision in the leasing agreement if you decide to remodel the interior of your new place of employment.

After completion, a NOC is needed from:

1. The commercial property’s landlord.
2. The management or developer of the building.
3. The Free Zone Authority or Dubai Municipality.

2. Sub-Letting Dubai Commercial Property

Renting out a property you already lease to a different renter is known as subletting.

In essence, you take on the role of landlord to the sub-tenant as the original renter. You continue to pay rent to the original owner even after you have collected the rent from the sub-tenant.

Commercial space for rent in Dubai may only be sub-leased with the landlord’s written consent. Therefore, sub-letting must be a clause in a lease agreement to avoid misunderstandings or disputes.

Dubai Early Termination of a Commercial Lease

In Dubai, a commercial property lease usually lasts one year, and unless terminated or modified by mutual agreement, it is renewed automatically at the end of that period.

Early termination can earn lease holdover penalties. Damages for early termination at the landlord’s request are typically equal to two months’ rent. Both parties may be interested in resolving their issues with the Rent Dispute Settlement Center in Dubai.

Lease Types in Dubai

Before you choose commercial space for rent, it is essential to know which type of lease agreement you are under. Generally speaking, there are four leading rental and leasing agreement types.

1. Gross Lease

This is whereby a business agrees to rent the property every month but pays all of the other costs for things like taxes, insurance, and upkeep.

2. Land Lease

After paying to lease the site, the tenant company might develop a building for business purposes. After the lease, both the land and the structure are returned to the landlord.

3. Triple Net Lease

Landlords gain the most from this lease. Loan payments, insurance premiums, taxes, and upkeep expenses are all the business tenant’s responsibility.

4. Modified Net Lease

This lease option is popular because it provides shared benefits and evenly divided expenses for commercial renters and property owners.

Commercial Properties Rental Cost

Several factors determine the cost of small commercial space for rent in Dubai. These consist of

1. Size
2. Location
3. Property Type
4. Amenities

If you pick a modern space and a prime location for Small commercial properties for rent in Dubai, the rent will be hefty. Nonetheless, the average annual rent for commercial real estate is between AED 150 and 200 per square foot.

Find the Perfect Commercial Property for Rent in Dubai with Eastern Housing

Eastern Housing UAE serves companies of all sizes by providing a wide selection of commercial real estate for rent in Dubai. It offers top-level facilities for its clients in preferred business locations, specifically for office space, retail stores, and warehouses. Eastern Housing UAE provides prime real estate locations throughout Dubai to maximize business expansion based on business location choices between developing districts and high-traffic zones, including Business Bay and Downtown Dubai.

The ideal environment for starting a new venture alongside real estate investment exists in Dubai. The commercial real estate market in Dubai continues to show rapid expansion and shows no indication that it will reach its limit anytime soon. The city offers well-equipped facilities and business-friendly locations. The town provides prospective business owners and entrepreneurs everything from visibility as a worldwide commerce hub to a rapidly expanding economy.

Unlike other cities, the tax reduction and flexible agreements are making things easier for investors. Finding a trustworthy real estate company in Dubai to assist you in selecting the ideal commercial property for rent in Dubai and location for your commercial real estate investments is simple. Both new and established companies can grow in the Middle East because the city serves a wide range of business niches.

FAQs

Is it wise to invest in commercial real estate?

Investing in rental commercial real estate in Dubai is undoubtedly a smart move. However, before investing, you need to think about things like location, property type, and real estate trends.

Does commercial property for rent cost a lot of money?

Size and location significantly impact rent prices. Since Downtown Dubai and Business Bay are the most well-known and pricey parts of Dubai, it is advised that you choose other neighbourhoods if you have a limited budget.

Which Commercial Lease Is the Shortest?

The shortest commercial lease is usually available for fewer than three years, while the length of the tenancy varies depending on the local market. The longest one usually lasts for over ten years.

What are the procedures for leasing a commercial space in the United Arab Emirates for use as an office?

For commercial property for rent in Dubai for your company, you need to:

1. Verify your eligibility.
2. Compile all required paperwork.
3. Register with Ejari.
4. Decide on the location of your dreams.
5. Create a budget to cover the extra expenses.
6. Obtain NOC for interior modifications.
7. Create a backup plan in case of emergencies.