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Discover Dubai commercial properties prices in top performing areas.

Examine Dubai’s 2024 commercial properties prices compared to earlier time periods. Discover market trends with our real-time data to help you make your next move. Our main goal is to provide as much market information as possible, to give you the knowledge and confidence you need to progress with your home buying and investments.

Discover Dubai commercial prices 2024

FAQ's

  • Is buying office space in Dubai a smart investment?

    Buying office space in Dubai can be a smart investment due to several reasons:

    1. Business Hub: Dubai is a significant business hub in the Middle East and attracts many international companies. The city is home to several free zones and business parks, which offer attractive tax incentives, making it an ideal location for businesses to set up their operations.

    2. Growing Economy: Dubai's economy has been growing rapidly over the years, with a focus on diversification and innovation. The government is investing heavily in infrastructure, technology, and education, creating a favorable environment for businesses.

    3. Real Estate Market: Dubai's real estate market has shown resilience over the years, with a steady increase in demand for office space. The city's prime locations and modern infrastructure make it an attractive destination for businesses and investors alike.

    4. Tax Benefits: Dubai offers a favorable tax environment, with no personal or corporate income tax, no value-added tax (VAT) on office rent, and no capital gains tax. These tax benefits make it an attractive destination for businesses and investors.

    5. Stable Political Environment: Dubai has a stable political environment, with a strong and efficient government that is committed to promoting business and economic growth. This stability makes it an attractive destination for businesses and investors looking for a safe and secure investment environment.

    In summary, buying office space in Dubai can be a smart investment due to its status as a business hub, growing economy, favorable real estate market, tax benefits, and stable political environment. However, like any investment, it's essential to conduct thorough research and analysis before making a decision.

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  • Is it better to rent or buy an office space in Dubai?

    The decision to rent or buy office space in Dubai depends on various factors, including your business needs, financial situation, and long-term goals. Here are some points to consider:

    1. Business needs: Consider the size of your business and the type of office space you require. If your business requires a large space, it may be more cost-effective to buy rather than rent. However, if your business is small or you have a limited budget, renting may be the better option.

    2. Financial situation: Buying an office space requires a substantial upfront investment, including down payments, closing costs, and other expenses. Renting, on the other hand, may require less initial investment but may result in higher monthly expenses over time.

    3. Long-term goals: If you plan to stay in Dubai for a long time and have a stable business, buying office space may be a good investment. On the other hand, if your business is new, growing, or you plan to relocate in the near future, renting may be the better option.

    4. Market conditions: Finally, consider the current market conditions. In Dubai, the real estate market is highly dynamic, and the decision to buy or rent may depend on the prevailing market conditions.

    In summary, there is no one-size-fits-all answer to whether it is better to rent or buy office space in Dubai. It is crucial to evaluate your business needs, financial situation, long-term goals, and market conditions before making a decision. Be sure to consult with a fäm Properties commercial property expert to guide you through the entire process.

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  • Can you buy office space in Dubai?

    Yes, it is possible to buy office space in Dubai. Dubai offers a range of commercial properties for sale, including office spaces. The Dubai Land Department oversees the registration of property transactions in Dubai, and foreign investors are allowed to purchase office spaces in the city.

    There are several free zones in Dubai that offer attractive options for foreign investors, such as tax exemptions and 100% ownership of businesses. Examples of these free zones include Dubai Multi Commodities Centre (DMCC), Dubai International Financial Centre (DIFC), and Dubai Silicon Oasis (DSO).

    It is recommended to work with a fäm Properties Commercial Property Expert to ensure a smooth and successful purchase process. We can also assist with obtaining the necessary permits and licenses required to operate a business in Dubai.

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  • Can expats buy office space in Dubai?

    Yes, expats can buy office space in Dubai. In fact, Dubai is known for being a business-friendly city with a thriving real estate market, making it an attractive location for businesses and investors from around the world.

    Expats can purchase freehold properties in designated areas called free zones, which are designed to attract foreign investment and provide tax incentives and other benefits to businesses. These free zones have their own laws and regulations governing property ownership and business activities, and typically allow 100% foreign ownership of companies and properties within their boundaries.

    There are several free zones in Dubai that offer office space for sale or lease to expats, including Dubai Multi Commodities Centre (DMCC), Dubai International Financial Centre (DIFC), and Dubai Silicon Oasis (DSO), among others. It is important to research the specific requirements and regulations for each free zone before purchasing office space to ensure compliance and eligibility for ownership.

    Reach out to a fäm Properties Commercial Expert to learn more today. 

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  • What are the best areas in Dubai for purchasing office space?

    Dubai is a global business hub with numerous business districts, making it an attractive destination for commercial property investments. Here are some of the best areas in Dubai for purchasing office space:

    1. Downtown Dubai: This is one of Dubai's most prestigious addresses, home to the Burj Khalifa, the Dubai Mall, and the Dubai Opera. Downtown Dubai is a bustling commercial center with numerous high-end offices, retail outlets, and residential towers.

    2. Dubai International Financial Centre (DIFC): The DIFC is a leading financial hub in the region and is home to numerous banks, financial institutions, and professional service firms. The area offers modern office spaces with high-end amenities and is conveniently located near major transportation hubs.

    3. Business Bay: Located along the Dubai Water Canal, Business Bay is a rapidly growing business district with numerous commercial towers, hotels, and retail outlets. It offers a range of office spaces at competitive prices, making it a popular choice for startups.

    4. Dubai Silicon Oasis: This is a technology park and free zone located in the heart of Dubai, with a focus on technology and innovation. It offers state-of-the-art office spaces and infrastructure, making it an attractive destination for technology companies and startups.

    5. Dubai World Trade Centre (DWTC): The DWTC is a major exhibition and conference center in the region and offers numerous office spaces and business facilities. It is conveniently located near major transportation hubs and is home to numerous events throughout the year, making it a popular choice for businesses in the events and exhibitions industry.

    Ultimately, the best area for purchasing office space in Dubai will depend on your specific business needs and budget.

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