Investing in commercial real estate for sale in Dubai is the focus of interest for Arab and foreign investors of different nationalities around the world. This is due to Dubai’s prestigious position at the local and global levels. It has achieved advanced results in the commercial real estate sector in the Middle East in particular.
- The stability of the political and economic situation in the United Arab Emirates also contributed to encouraging tourism and supporting logistics services. Likewise, huge amounts of money are spent on developing the infrastructure and interior designs of various properties by the UAE government.
The results of the logistical and financial support for the real estate scene in Dubai have borne fruit, attracting many entrepreneurs and investors. Thus, achieving high profits for them and driving the real estate market in the first place. To learn more about the mechanism of real estate trade in Dubai, follow the lines of our next article to clarify its future growth possibilities and its advantages for the state and investors.
Real estate trading in Dubai: growth and investment possibilities
The growth of the commercial real estate sector in Dubai is accelerating significantly. This depends on the strategic geographical location of the emirate. Its location has been considered a strong attraction for real estate investment, whether by individual investors or international companies. Especially with the ease of launching from it to many major markets in the Middle East, European, and Asian countries.
- In addition, it is expected that the real estate trade market in Dubai for sale and rent will grow in the coming periods, based on the current real estate market data. As well as according to the standards of potential investors who want to start their investment projects in a fertile and diverse real estate environment such as Dubai. Especially since they have a prior idea of the prominent investment strategies and tools, including the details of direct ownership and joint real estate. In addition to the possibility of participating in real estate investment funds (REITs).
Benefits of investing in commercial real estate in Dubai
Investing in commercial real estate for sale in Dubai brings the following benefits and advantages:
Tax exemption for commercial real estate investment for sale in Dubai
Exempting investment from commercial real estate in Dubai from taxes is a distinctive step in supporting investment and attracting more investment projects to the emirate. This is a wonderful feature that distinguishes Dubai from other Arab and international cities, as it has been careful not to impose many of the property taxes that are usually present, including personal income tax or capital gains and property taxes. Thus, it has contributed to stimulating the buying and selling of real estate by investors and achieving a noticeable increase in their profitable returns without worrying about paying any potential tax liabilities.
Diversity of commercial real estate investment in Dubai
The commercial real estate market in Dubai provides a diverse spectrum of properties for sale at varying prices depending on location and property type. Including offices, companies, hotels, shops, and other real estate and commercial lands. Thus, the investor can choose the most appropriate property for his own project that suits his financial capabilities and investment ambition for the future.
Achieving high investment returns
Selling commercial real estate in Dubai allows the investor to earn high profits, at a higher rate than residential real estate, especially with the availability of various options of property types and in different locations, varying between ordinary and luxurious neighborhoods. This is what makes it attractive to investors who differ according to their respective budgets. But what they have in common is achieving high financial income and a rewarding and continuous return on real estate investment.
Diversifying the investment portfolio of investors
Commercial real estate investing helps in diversifying the investment portfolio. This, in turn, protects the investor from real estate market fluctuations and reduces potential risks. In addition to supporting and protecting the investor from the effects of market recessions or inflationary periods and their negative consequences. Especially with maintaining the market value of commercial real estate despite all the obstacles it faces.
Obtaining foreign ownership rights
The Dubai government allows foreign investors to purchase properties in freehold areas located in specific areas in Dubai. It also made sure to give them full ownership rights to the commercial and residential properties they purchase. This point has contributed to attracting large numbers of foreign investments to the real estate sector in Dubai.
Obtaining a Golden Residence visa
The UAE government has introduced several facilities for the Golden Visa program in Dubai recently. It agreed to grant long-term residency to individuals arriving to invest, work, or reside in Dubai. In this context, investors can obtain a golden visa by starting with an investment of 2 million dirhams. Obtaining an extension of their visa period from 5 to 10 years and enjoying economic and financial stability for long periods.
Commercial real estate for sale in Dubai
There are many commercial real estate for sale in Dubai, including the following:
Office for sale in Business Bay Towers
There is a dedicated office for sale within Churchill Towers in Business Bay, Dubai, with an area of 865 square feet. It also features the following specifications:
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Waiting area, accommodating 3 people.
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A warehouse equipped with the best equipment.
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Cabin for the CEO.
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Cabin for the assistant manager.
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Private cabin for the secretarial and reception departments.
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A cabin designated for employees not exceeding 3 employees.
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Private bathroom with shower.
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A space dedicated to meetings, accommodating 5 people.
Commercial shop for sale in Business Bay – Dubai
There is a ready shop available for sale in Oxford Tower in the Business Bay area in Dubai, with an area of 1087 square feet. Below are its most important specifications:
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A distinctive view of a lively street.
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A salon fully equipped with the necessary equipment.
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A spacious salon that can be used for hair, nails, and makeup work.
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Two parking spaces.
Office for sale in Jumeirah Lake Towers
An office is available for sale in Reef Tower, Jumeirah Lake Towers – Lake Elucio in Dubai. It has the following specifications:
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A fully furnished and ready commercial office for sale.
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Director’s room.
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Room for the assistant director.
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Also, a meeting room.
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3 exclusive parking spaces.
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Small room for users.
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Equipped bathroom.
The best commercial real estate for sale standards in Dubai
The standards for the best commercial real estate for sale in Dubai are represented by the following points:
Location of the commercial real estate
The location of the property is considered one of the most important standards for selecting commercial real estate in Dubai. The livelier and more distinctive the location, the higher the price value of the property. The infrastructure and accessibility of the property also play an essential role in determining its market value. Therefore, commercial real estate sales prices are witnessing a noticeable increase in the city center and crowded areas. While its price decreases in the suburbs and remote neighborhoods that are not densely populated.
Commercial real estate condition
The best commercial real estate in Dubai designated for sale and investment are ready or under construction properties with high-quality specifications. Including free ownership of the property free of legal or financial problems, as well as the excellent structural and design condition of the property without the need for maintenance work or repair of faults.
The property’s area and internal divisions
The value of commercial real estate offered for sale in Dubai with large areas increases, while the prices of commercial properties with smaller areas decrease. The division of the property, the number of its rooms, and its empty spaces greatly affect the customer’s choice, as well as its market value.
Show More: Evaluate real estate in the Emirates
How do I own commercial real estate in Dubai?
You can own a commercial real estate in Dubai by following the following steps:
- Search for the best commercial real estate for sale in Dubai, either through real estate offices or online.
- Choose the commercial property that best suits your budget and the nature of your business.
- Contact the property owner to complete the buying and selling process.
- Look for a specialized real estate agent to get advice and facilitate negotiations with the owner.
- Sign the sales contract (Contract F) available on the Dubai Land Department
- Then, pay 10 percent of the full property value to the owner.
- Next, apply to be allowed to transfer ownership of the commercial property to your private property, known as a No Objection Certificate.
- Pay all fees incurred as a result of the sale process, and obtain a no-objection certificate to complete ownership procedures and document ownership in your name.
The best commercial real estate company in Dubai
Alaaqari Company is considered one of the best real estate companies in Dubai and uae, as it provides a wide range of various types of commercial and residential properties for sale and rent. It also seeks to provide distinctive advertising displays that are commensurate with the financial capabilities of all clients, including buyers, sellers, and tenants.
- On the other hand, since its inception, Alaaqari Company has sought to achieve effective communication between the property owner and the buyer or tenant. This is within the umbrella of the company’s website (alaaqari.com/Backup-8-11-2023), and with all credibility and mutual trust between the two parties. In addition to helping customers through the presence of the most important real estate brokers and agents who are always ready to provide any real estate consultation requested from them.
How to purchase commercial real estate for sale in Dubai
The mechanism for purchasing commercial real estate for sale in Dubai is by following the following steps:
- Look for the commercial property that meets the specifications you want when purchasing it. Whether through traditional search or electronic real estate websites, particularly Alaaqari website and its social media platforms.
- Specify your request to purchase commercial property, whether ready or under construction.
- Also, select the vital location to purchase your commercial property in Dubai.
- Explore the property you have chosen before making the final decision to purchase it, whether by direct inspection or via virtual tours.
- Negotiate with the seller the price value of the property, so that it is appropriate for your budget.
- Finally, head to the Dubai Land Department to begin the procedures for documenting the purchase and sale contract and officially transferring ownership.
- You can also follow the procedures for purchasing and registering commercial real estate electronically through the official website of the Land Department.
How to sell real estate in Dubai on Alaaqari website
Alaaqari website provides an effective and successful mechanism for selling real estate in Dubai, as follows:
- Choosing Alaaqari website as a reliable intermediary to complete the real estate sale process by the owner and the buyer.
- Displaying advertising promotion for commercial or residential real estate for sale through Alaaqari’s official page.
- Displaying all specifications of the property and the price required to sell it through Alaaqari website.
- Providing, through Alaaqari website, many tools to assist real estate owners in tracking their properties and indicating their market value in the real estate market.
- Ensuring that the buyer meets the property owner safely and transparently by Alaaqari website.
- Providing the necessary real estate consultations by the best real estate agents and brokers present on the site.
- Directing the seller and buyer to complete the sale and transfer of ownership after the final agreement between them.
How to display commercial lands for sale in Dubai on Alaaqari website
Alaaqari website has special offers for selling commercial lands in Dubai through the following strategy:
- Displaying the commercial plot of land designated for sale through brokerage via Alaaqari website. This is part of an attractive advertising display at the request of the landowner.
- Write all specifications of the commercial land in the advertisement, including the location and area according to Google Maps, and the requested price as well.
- Attach high-resolution illustrative photos of the land location.
- Adding attractive marketing phrases to the land offered for sale within its advertisement.
- Publish the means of communication with Alaaqari website and the property owner to all those wishing to inquire about the land and wish to inspect it closely.
The best real estate projects in Dubai
The most important commercial real estate projects are spread throughout Dubai, from which we have chosen the following:
Jumeirah Village Circle Real Estate Projects
Jumeirah Village Circle is considered one of the best areas that hosts the most famous commercial and residential properties in Dubai. Its popularity has increased recently in 2022 and 2023 due to the implementation of a series of real estate projects within it. Which contributed to attracting the attention of expatriate and foreign investors, to start their own projects and achieve continuous profits from them.
- Jumeirah Circle includes the most luxurious villas and palaces with large areas and ground and upper rooms. The palaces are also surrounded by 350 high-rise towers with a luxurious group of restaurants, cafes, stores, and sports and health centers. For your information, the investor finds many options when he wants to purchase a commercial real estate in Jumeirah Village at the price appropriate to his financial capabilities.
Business Bay Real Estate Projects
Business Bay includes the best commercial real estate projects for sale in Dubai. It has an exceptional and vital location, extending over a wide area of land designated for the residence and construction of various types of real estate. Business Bay properties are also distinguished by the splendor of their interior designs and the beauty of their exterior architecture. Which makes it a destination for Arab, expatriate, and foreign investors.
Dubai Marina Real Estate Projects
The Dubai Marina area has a good reputation at the local and regional levels, in terms of the large number of real estate projects built within the area allocated for construction. Especially the Dubai Marina waterfront project, which includes a series of high-floor apartments, shops, and famous restaurants. As well as retail stores and small and medium offices for sale and rent, achieving high investment returns.
City Walk Real Estate Projects
City Walk is one of the liveliest neighborhoods in Dubai. It includes many families who live in buildings in the area. There are also many elegant commercial real estate projects scattered around it, including luxury stores and luxury clothing and accessories stores. In addition to a group of upscale restaurants, cafes, and entertainment facilities, which are considered a successful investment in Dubai.
The best areas to purchase commercial real estate for sale in Dubai
You can purchase commercial real estate for sale in Dubai from one of the following areas:
Jumeirah Lakes Towers
Jumeirah Lakes Towers is considered one of Dubai’s largest areas designated for commercial real estate. It also has a good reputation and wide popularity in the real estate and commercial market in the United Arab Emirates. Especially since it is within the freehold areas, which makes it a prominent destination for expatriate and foreign entrepreneurs and business owners. Jumeirah Lakes Towers is also distinguished by its strategic geographical location, which constitutes a strong meeting point between the most important service facilities, such as metro stations, government banks, and huge shopping malls.
- In addition, the Jumeirah Lakes Towers area offers different types of commercial real estate for sale, including shops, offices, and commercial lands, at varying prices that suit customers’ budgets. This makes it one of the most desirable areas for starting businesses and commercial projects
Jebel Ali commercial real estate for sale in Dubai
Any investor can start his commercial real estate investment projects in the Jebel Ali area of Dubai. Especially with Jebel Ali’s great reputation as the best and most vibrant commercial and industrial district in Dubai and the United Arab Emirates. Jebel Ali also includes the largest shopping centers, offices, and workshops for sale and rent. In addition to owning the largest commercial ports in Dubai, which belong to the freehold areas within the southern suburbs of Dubai. Therefore, it is a strong communication station for local and international businessmen who wish to purchase commercial real estate with ease and without any obstacles.
Al Quoz area
Al Quoz area, in the southern part of Dubai, provides large areas of commercial real estate for sale with excellent specifications. In order to achieve the ambitions of expatriate business owners of different nationalities around the world. Especially with its provision of different types of offices, warehouses, laboratories, workshops, stores, and commercial plots of land.
International City in Dubai
International City is considered one of the distinguished options for entrepreneurs and investors who want to purchase distinctive commercial real estate. Especially with the large variety of commercial real estate for sale in International City. Including unique shops, offices, service, and entertainment facilities with the most beautiful designs and the best specifications and prices.
Luxury commercial real estate in Dubai: an opportunity for professional investors
Dubai provides the most important and luxurious commercial real estate for sale in its prominent vital areas and neighborhoods. It also provides all legal and financial facilities to local and foreign investors. In addition to real estate offers, including stores, offices, and factories, with the most luxurious specifications and finest designs, at competitive prices that vary according to location, area, and other considerations specific to the property’s structure and design. This unlocks more ground-breaking investment opportunities for professional investors and increases their capital gains and long-term investment returns.
At the conclusion of our article, which focused on investing in commercial real estate for sale in Dubai, we can only praise the commercial real estate projects established in the best vital areas in Dubai. It is considered an influential factor of attraction for the most important local and foreign investors and business owners who aspire to start their investment projects in Dubai, as it is a leading commercial center in the world.
