Dubai has always been a powerful commercial hub in the Middle East. Thanks to the growing entrepreneurship options and the rapid pace with which the commercial property market is flourishing. The UAE Government has introduced many laws to make the market favourable for both local and global investors. It was expected that this business-friendly city of UAE would become home to about 200,000 new businesses by the end of 2020. However, the global outbreak of COVID19 pandemic might have impacted this estimate. But the good news is, the city was strong enough to bounce back to normal amid the pandemic chaos and did not succumb to it. Dubai did not stop breathing. In fact, she relentlessly invited entrepreneurs and corporates from all over the world to help them set up their businesses here.
Budding entrepreneurs who are looking forward to starting their business in Dubai and are hesitant to establish their offices can continue to read this post to find out which are the most popular places to rent an office in Dubai.
The Most Popular 5 Places to Rent an Office in Dubai
Business Bay is among the choicest commercial hubs in Dubai, taking the lion’s share of the most preferred place for renting an office space. As the name suggests, it is a centre for commercial activities in the city. It is reputed as one of the most prestigious and well-connected locations for office space. Adjacent to Downtown Dubai, Business Bay is just 20 min away from Dubai International Airport and other popular commercial centres like Dubai International City and Dubai Media City. It also has metro connectivity, which is again a great option connecting this location to the rest of the city, making it one of the most easily accessible business hubs here. You can find both commercial and residential properties in Business Bay, allowing businesses owners to find a commercial property close to their home.
Al Quoz is the second most popular commercial area in Dubai preferred for office space by businesses. It is an industrial area that is known for warehouses. With both residential and industrial districts within its periphery, Al Quoz is amongst the top places for manufacturing companies in the region. The industrial district of Al Quoz, with sectors divided as Al Quoz 1, 2, 3 and 4, is home to large clusters of factories, automobile stores and labourer housing facilities.
Deira continues to be one of the most popular business hubs for renting office spaces in Dubai. You will find a huge inventory for offices and shops for rent in Deira. If you have a business in the trading industry, then Deira is an ideal location for renting a commercial space in Dubai. Home to some of the oldest traditional marketplaces in the city, it is known to be the oldest commercial district in Dubai and businesses that date back to the early 90s. It is also one of the most well-connected zones in the city, as it has got plenty of options for transportation – buses, taxies, and metro that are available everywhere in the area. It is also amongst the liveliest commercial hubs in Dubai with world-class hotels, residential units, showrooms, and other commercial properties.
Jumeirah Lake Towers (JLT)
Jumeirah Lake Tower is the fourth most popular business hubs in Dubai providing world-class office spaces to all sizes and types of businesses. With waterfront views, it offers the best commercial space for rent here. One of the recent additions to the commercial property sector in Dubai, it has gained massive traction from business owners from across the world. A part of the free trade zone, it offers a good business to business interaction opportunity in the area. You will find both residential and commercial spaces here along with leisure time options. Moreover, easy access to the Dubai Metro makes it the most favourite place for offices.
Sheikh Zayed Road
Sheikh Zayed Road is among the top spot for commercial property that companies can book for office space in Dubai. With fast-paced setting, it is one of the most famous highways in Dubai, with metro stations at every 5-minute intervals. You get a lot of options for renting offices on Sheikh Zayed Road. It is close to popular districts – Downtown Dubai and Dubai International Financial Centre (DIFC). Home to many popular 5-star hotels like the Shangri-la and the Fairmont Dubai, this location also has shops and commercial floors.
Here you have all the information about the top and most popular commercial property markets and office space locations in Dubai. The inventory is huge, and you can easily find an office space within your budget. You can also hire a consultant who can help you find the right office in the right location. If you are new in the city or do not have enough time to hunt for locations but have plans to establish your business in Dubai then it is recommended that you hire a professional commercial property consultant for this purpose.
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