We all know that residential spaces in Dubai are a great investment. Examples of various villas for rent in Dubai that have a great ROI are a testament to this fact. But it’s clear that expats and local investors don’t often go with commercial investments.
The taxes and regulations for commercial sectors are partly to blame for that. However, those who have experience or knowledge can verify that the sector has great benefits attached to it as well.
If you’re looking to buy or invest in commercial real estate in Dubai, make sure you know the best areas to do it in. Here’s a list of some of the areas that you should definitely consider for your commercial properties:
As the name shows, the business bay is the most important and best place for commercial real estate investment. It’s even better if you’re hoping to launch a business of your own. The area features some of the biggest and most successful businesses in the emirate. The aura of professionalism and charismatic development doesn’t end there.
The Business Bay is connected with DIFC, Al Safa and Sheikh Zayed Road. The presence of the area near Jumeirah makes it a well-connected place that has everything to offer to employees and residents. One can look towards a lot of potential clientele as well as tenants to sublet their commercial properties in the area. Business owners that always have international and domestic flights in their schedules can appreciate the proximity to the airport that the area enjoys. One can find office spaces, retail hubs and commercial floors to invest in.
Jumeirah Lake Towers have become a centre of attention ever since their inauguration. The area these towers are situated in was already a public favourite. The presence of large-scale businesses and countless offices in the JLT have added to the dominating importance of the area. Being a freehold zone, the area is famous among expats as well. That means, almost anyone can hold commercial as well as residential properties in the area and enjoy the perks and ROI.
The presence of the nearby metro station along with top-tier malls and retail outlets make it a busy commercial area. This, added with the fact that all sorts of businesses exist in the area, make it appealing to potential startups to move here. Working with similar niches and understanding how the competition is faring better is helpful for all businesses. This is one of the most motivating factors that come with the amenities, facilities and luxurious spaces of the JLT.
Famous for being home to some of the big-time businesses in the trading, logistics and manufacturing industries, Jebal Ali ranks third on the list of top commercial areas to invest in. Since it’s also one of the ports of Dubai, it enjoys a lot of international importance. Businesses of massive sizes make sure to employ this benefit in their list of advantages.
With almost 7,000 companies operating in the area, it might seem difficult to get an opportunity to invest. However, one chance is all you need in order to secure a lifetime worth of ROI since it’s also a freehold area. One can make the most of the area’s benefits just by taking up a commercial plot and setting it up as a labour camp.
Dubai International City is another great place for people to consider for their commercial investment or business setup. The reason they call it the International City is because it has a cluster of 10 buildings that are named after various countries. It not only appeals to visitors from these countries, it’s a great freehold area that offers commercial as well as residential investment options.
You can look at some of the shops, commercial plots and labour camps available for sale in the area. These are very likely to bring about great ROI. Since it’s mostly for residential neighbourhoods, the area offers homely amenities and facilities that make it appealing to employees as well. Therefore, any investment in this area for a commercial business will prove worthwhile.
This was a list of some of the areas you should look into for your commercial property purchase. Whether you’re looking to set up an office of your own or renting it out, use the best property finder to get you the best deal. You’ll want to conduct thorough research before you make any final decisions though.