Agent in the spotlight: The future of commercial property in Dubai

In this installment of our Agent in the Spotlight series, we’re turning the lens toward the dynamic world of commercial real estate in Dubai. Join our Managing Director, Charlie Bannan, as he sits down with our Head of Commercial Gary Stevenson to discuss insights, unique opportunities in Dubai’s thriving business hubs, and what fuels their commitment to helping clients succeed. Whether it's guiding investors toward high yield returns or helping businesses find their perfect commercial space in Dubai, this conversation is packed with inspiration and expertise.

Exploring Dubai's commercial real estate with Gary Stevenson

In this episode of Agent in the Spotlight, Charlie sits down with Gary Stevenson, Head of Commercial, to dive into the dynamic world of commercial real estate in Dubai. Gary shares his journey of falling in love with Dubai since moving here in 2020, embracing the city’s vibrant lifestyle and endless opportunities. Originally planning to stay for just a couple of years, Gary now can’t imagine living anywhere else—after all, who wouldn’t love year-round sunshine?  

As the head of the commercial team, Gary explains how his department operates differently from residential real estate. Covering all areas of Dubai, his team works with a diverse clientele, from businesses looking to expand, to investors seeking high returns. Gary highlights the untapped potential of the commercial market, where returns on investment can reach up to 15%, far exceeding the typical residential yields.  

Gary also emphasizes the importance of understanding operating licenses in Dubai’s commercial market. He and his team ensure clients are educated on the licensing requirements for different areas, streamlining the process and saving everyone time.  

When asked about his personal motto, Gary shares his belief in the power of hard work: “Hard work beats talent when talent doesn’t work hard.” This philosophy drives his team’s success and ensures they deliver exceptional results for their clients.  

Whether you’re a business owner, an investor, or just curious about Dubai’s commercial real estate scene, this episode is packed with valuable insights and advice from one of the best in the business.