Finding an Office for Rent in Dubai
Dubai, the most populous emirate in the UAE, is located on the south east coast of the Persian Gulf. While the economy was originally driven by oil, today sectors such as aviation, tourism, real estate and financial services industries dominate the service. Dubai has also emerged as the transport hub for the region, with direct air connections to a number of international destinations. So, let us take a look at how you can find offices for rent in Dubai.
Looking for an office in Dubai
Serviced offices are particularly popular choices offices for rent in Dubai, especially for those looking to branch out in Dubai. They require comparatively lower investment and a lot of serviced office operators can actually help business owners with the company set-up and even help you obtain the all-important trade license. The occupancy in the traditional office market is currently at the lower levels, as most of the offices on offer are very large and require a long and costly fit-out (usually the Shell and Core offices).
Traditional office spaces are usually owned by locals. Now, most of the locals are not willing to partition spaces to accommodate smaller offices. In such cases, serviced offices are a good option. They are usually of a very high standard and offer easy access to landmark buildings. The best thing is they don’t need for a large initial investment. For customers looking for offices for rent in Dubai, their most important considerations are the location, quality of the amenities and cost. The JLT or Dubai Marina is ideal for businesses looking to establish themselves in Dubai, depending on their choice of license. This is because these areas are nearer to each other and also closer to and are also close to the Jumeriah residences and other residential areas where employees and expatriates live. They are well-served by roads and public transport, and don’t necessarily require you to require you to travel around Sheikh Zayed Road, which can become very congested with traffic.
Costs
The cost for 200 sq. ft office for rent in Dubai, which is serviced by three-person, it ranges from Dhs 1,500 – 6,500 per person, per month, according to location and requirements. This usually covers amenities, which normally includes internet, meeting rooms, AV equipment, parking, reception services, lounges and kitchen facilities.
Office sizes
The minimum size of office required by the Dubai Economic Department (DED) to issue a new trade licence is 200 sq. ft. The DED is mandatory to trade in the country. So, you need an office for rent in Dubai that is at least 200 sq. ft.
Dubai has been awarded the organisation of the World Expo in 2020 (known as Dubai 2020). This means that demand would grow, the current commercial developments will continue and the market will grow.
Currently, JLT and Business Bay are still being developed, and Dubai World Airport is also being expanded.
Why choose an office for rent in Dubai?
Basing your business in Dubai gives you access to the whole market of the Middle East. Not only that, it also gives you access to markets in Asia, North Africa and Europe as well. In order to trade effectively in the Middle East, it’s important to that you have an office for rent in Dubai, as Dubai is one of the main global business hubs in the region.
Interesting Facts About Dubai:
- The artificial Palm Islands are made up of enough imported sand to fill 252 soccer stadiums
- The Burj Khalifa can be seen from a distance of 95km
- As of 2013, only 10% – 15% of the population is UAE nationals. Rest is made up of expats!
- The Dubai metro system opened in 2009. It consists of 42 stations and only took 18 months to build
- Dubai Mall is the largest shopping mall in the world in total area
Popular Locations for Renting Office Spaces in Dubai
These are the most popular areas in which you can look for office for rent in Dubai
Downtown Dubai
- Downtown Dubai has some of the city’s most prominent landmarks, including the iconic Burj Khalifa, as well as the Dubai Mall and the Dubai Fountain
- This large scale, mixed-use development is located along Sheikh Zayed Road. It is divided into 11 different building projects, having both residential and commercial buildings
- It is a popular tourist and business destination, with good Metro and road links.
Business Bay
- Business Bay is one of the planned central business hubs of Dubai. However, it is not completely developed. Parts of it are currently still under construction
- Business in the area has improved dramatically and construction has resumed
- Once completed, this proposed commercial hub will have a number of towers, road networks and canals. These are built to attract multinational corporations to make Business Bay their base
Jumeirah Lake Tower Freezone
- The JLT Freezone was built in 2002 as a commodities marketplace in Dubai
- It’s one of the largest freezone developments in the city. It contains over 64 mixed-use commercial and residential towers
- This area is currently quite popular, especially among services or multinational companies
Dubai Marina
- The Dubai Marina is the largest man-made waterfront in the world, and boasts a number of commercial waterfront towers
- There are also many residential developments as well as 5 star hotels, banks and retail outlets in this area
- The marina is well connected, with Public Transport
- These four districts are not populated by a range of businesses from sectors including finance, IT, telecoms, real estate, services and construction
You can take the help of a professional business consultant who would help you with finding office for rent in Dubai. If you want to get the services of a professional, then you can contact Arab Business Consultant. They would help you in every stage of the process. So, get the help of the leading names in the business and find the best office for rent in Dubai.
