With each passing day, several businesses enter the Dubai marketplace since the government has set up industry-specific zones to attract different businesses. Due to the number of factors involved in Dubai renting, it can be difficult to find an appropriate office space or commercial space for rent in Dubai.
Right from the beginning; this must be acknowledged that getting an office space in Dubai is compulsory to operate a legitimate business. While the concept of a virtual office room may seem more practical for many companies doing virtually all business online; Dubai authorities mandate businesses in Dubai to have a physical address to ensure proper monitoring of business operations and practices.
Your workplace is far more than just a series of cubicles. As an entrepreneur, the rental office spaces you choose in Dubai are extremely important to your company. Not only does the location and type of property affect your day-to-day activities, it also affects your brand identity.
We’ve all heard the famous expression, “Location, Location, Location.” Can your workers and clients get to rent office spaces in Dubai that you can conveniently choose? Is there a gym in the vicinity? What about a coffee shop, huh?
Tips for Finding the Perfect Rental Space
Putting aside the obligatory aspect of deciding on an office space for rent in Dubai for any business; let’s take a quick look at some useful tips to keep in mind when deciding on the best office space for rent in Dubai.
Tip 1: Know Your Requirements
When you are in search of the perfect office space for rent in Dubai; it is best to know your choices and reach a decision depending on your type of business. Depending on the requirements of your business; you can choose whether to rent a:
- Workstation or multiple workstations at the Business Center
- Open-Plan Office facility.
- Office facility with attached warehouse area
- Fitted-Out Office Spaces
- Central Premises
Tip 2: Suitable Destinations
Several locations of the Dubai mainland are the commercial points of interest of the Emirates and are known as such for their mobility, accessibility and vicinity to all business services. Some of those popular areas are the World Trade Centre Zone, Sheik Zayed Road, and Dubai International Finance Centre, which are Dubai’s largest commercialized zones. In these particular locations, the demand for an office space for rent in Dubai is very dominant, and because of that; rents are likely to go up for companies looking to set up a base in these areas.
Tip 3: Freezone Options
Dubai is well known for its dedicated free zones and commercial hotspots for different kinds of businesses. As such, many companies in Dubai have chosen to set up bases in these special zones for ease and convenience. Dubai Internet City, Media City, Healthcare City and Sports City are famous instances of specialized commercial hubs for the correlating sorts of industry.
Tip 4: Complete Legal Requirements
Once you decide to rent an ideal office space in Dubai, it is mandatory that you complete all the legal requirements for office space rental. Having arrived at an agreement usually requires you to pay a deposit that guarantees that the property is reserve for you until a rental agreement is reached. While drafting a rental contract and before signing on a dotted line; make sure that you run everything through a Dubai-based consultant to ensure the full credibility of your rental contract. Based on your contract for the rent of your office; you will qualify for a business license.
Tip 5: Hire Consultants
Dubai market specialists are most likely to be the consultants you need to support the procedure of discovering the right rental office space in Dubai and to make sure that you can easily set up a base in a commercial center of your choosing.
Procedure for Renting an Office in Dubai
A company working in Dubai or the rest of the UAE is required to have a physical location in the form of an office. When one wants to rent it, certain arrangements have to be made and permissions / approvals have to be received. If you want to rent an office space in the Gulf state, you’d have to pay a fee for that space. In doing so, you book the office off the market until the lease papers are finished. The real estate agent shall draft the paperwork required to terminate the leasing agreement. The discussions over the negotiating terms will be concluded prior to the signature of the formal leasing agreement between the two parties.
Apart from location and cost, take into account size when you’re looking to rent office space in Dubai. As a general rule, allocate 70 square feet per person. Furthermore, if you think that your workers need more desks or more room, this number will be raised accordingly. You’ll also have to think about meetings and social / recreational facilities while considering rented office spaces in Dubai. For instance, you’re going to need a dedicated place to accommodate your customers and clients, and your employees will also have to have lunch someplace too!
Advantages of Renting an Office Space in Dubai
Dubai is the economic base out of all the other UAE Emirates, and doing business in the country has revealed to be very helpful to businessmen. As the nation is geographically situated, it is readily accessible for geography to conduct some kind of business operation.
Diverse Economic System
Because Dubai offers a massive and capable market that operates from all over the world today, it provides enough potential for businesses to expand. Jurisdictions are divided in such a manner that business areas have categorical places that appeal to different market needs. Furthermore, renting an office space with specific zones and regions may have a significant effect on enterprises.
Strategic Geographical Location
Dubai’s suitable and centralized location is also among the key reasons why it is absolutely essential to rent an office space in the city. This also helps the company to expand into the fast-growing economies of Asia-Pacific and South America, along with the developing markets of India and China.
Dubai’s economic ecosystem and infrastructure is considered to be one of its kind. The presence of adequate services made it much more convenient for companies, because they will not have to think about the assets and resources for their workplace. From convenient access to the internet, telephone and fully furnished office space, these advantages would not only be cost-effective, but would also mitigate the extra effort that the owner will otherwise spend in finding them.
The regulatory formalities in Dubai are very congenial when it comes to international trading and business. From licenses to the establishment of a regional office, the Dubai government has streamlined the cycle of bringing companies into a jiffy. Owners of businesses enjoy fairly secure legal rights in Dubai, which is why they are more likely to set up an office in the region. Although the government is actively trying to strengthen rental laws, Dubai’s international labour practices and free trading regimes are an additional consideration.
Cost of maintenance and daily expenses are not a hassle when it comes to doing business in Dubai. In order to rent a commercial property in Dubai, it is not necessary to consider additional expenses which require the attention of the owner. It is much cheaper to have a rented office in Dubai than to own one, since the cost of renting is small and because of all the facilities available, one can start a company from day one.
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