Offices in Dubai

Commercial real estate in Dubai is in high demand, with office spaces being one of the most popular commercial types within this sector, especially among IT companies. The emirate offers a wide range of offices for rent or to purchase, where location, quality of the property, cost and infrastructure are the key factors in determining how much the space will cost.

Offices are often divided into 3 classes; Class A (new buildings with high real estate values), Class B (middle class, quite competitive with the former), and Class C (suburban complexes).

• Business Bay is the main business district of the emirate where the majority of offices are located. It’s set within the Dubai Canal area near Downtown Dubai. The area also boasts one of the highest ROI rates in Dubai at 7%. The district offers office space from 289 sq.ft to 20,096 sq. ft at a starting price of AED 300K (USD 82K), with rental prices starting from AED 6K (USD 1.6K) per year per.
• Jumeirah Lake Towers is located along the Sheikh Zayed Road which makes the neighbourhood easy to reach by employees both by car and by the Dubai Metro. This is the second-best place to obtain an office and do business in the emirate. Here you can buy an office from 467 sq. ft to 11,387 sq. ft for AED 257K (USD 70K) or rent it from AED 13K (USD 3.5K) per year.
• Downtown Dubai, developed by Emaar Properties, is a seamlessly connected mixed-use neighbourhood located along the Sheikh Zayed Road, E11, opposite Al Wasl Road, and on the border of Business Bay. Downtown Dubai is in the heart of the city and houses most of the city’s iconic landmarks. The neighbourhood offers spacious offices for purchase ranging from 1,982 sq.ft to 17,614 sq. ft with prices starting at AED 4M (USD 1.1M) and rental prices starting from AED 42K (USD 11.4K) per year.
• Barsha Heights (previously Tecom) is located just off Hessa St along the Sheikh Zayed Road and offers a variety of amenities within walking distance of the emirate’s leading business centers such as Dubai Internet City, Dubai Media City and Dubai Knowledge Village. The transportation system here is well established and Downtown Dubai can be reached in 25 minutes’ by car. Offices in the area are available for purchase from AED 450K (USD 123K) and range from 614 sq. ft to 33,000 sq. ft. To rent an office of 100 sq. ft will cost AED 10K (USD 2.7K) per year.
• DIFC (Dubai International Financial Center) is one of the free-zones in Dubai that is popular among business professionals from the Middle East, Africa and South Asia (MEASA) markets. Here you can buy an office from 965 sq. ft to 21,229 sq. ft for AED 1.3M (USD 354K) or rent it for a minimum of AED 120K (USD 33K) per year.

When considering investments in office space you can also pay attention to areas such as Dubai Marina, Motor City, Dubai Investments Park and Dubai Silicon Oasis.

Serviced offices are particularly popular with companies wishing to start their own company or startup in Dubai as they require minimal investment and most operators of this type of commercial real estate can provide assistance in setting up the company, obtaining the necessary trade license and selecting a workspace. Serviced offices usually meet high standards and offer access to iconic buildings without the need for a large initial investment. For example, JLT or Dubai Marina is ideal for companies looking to establish themselves in Dubai, depending on the license they choose. (Free Zone in JLT, LLC in Dubai Marina). These areas are close to each other and have a wide range of residential real estate, which allows employees to live close to work.

When obtaining an office in Dubai, the following additional fees apply:

• DLD fees make up 4% of the property price + AED 580 (USD 158) for the admin fee.
• Registration Fees are AED 2К (USD 545) + 5% VAT for properties valued below AED 500К (USD 136К) and AED 4К (USD 1.1К) + 5% VAT valued above this sum.
• If you apply for a mortgage, mortgage registration fees of the DLD is up to 0.25% of the loan amount + AED 290 (USD 79)

DLD fees must be paid within 60 days or the purchase will be cancelled. We also advise you to familiarize yourself with the Emirati tax system before buying an office in Dubai for investment or running your own business.

The real estate agents at Metropolitan Premium Properties will provide you with comparative characteristics of different types of commercial office spaces to determine the best option for your investment. Our highly trained professionals will analyze the suitability of the area based on its demographics, zoning, infrastructure and availability of similar properties.

Our staff will also conduct an in-depth analysis to determine potential future revenue projections (ROI) and help you find the right financing options. We also guarantee full support at all stages of the transaction on your behalf, from negotiating with the seller and collecting the necessary documents, to transferring ownership rights to the DLD, guaranteeing maximum transparency and security. Metropolitan Premium Properties also provides property management services, which means that we will find trustworthy tenants for you, conclude the lease on your behalf and make sure that payments are deposited into your account on time.