Best commercial property investment areas
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Thinking of selling a business space in one of these commercial areas? Interested in hearing more about commercial property market trends, or the best commercial property investments in Dubai? Now might be a great time to make a move.
Dubai's commercial property market is on the rise, mainly because of the favourable government legislation and low set-up costs which makes the emirate an attractive place to launch a new company. As a result, buyers are lining up to find their ideal commercial area – whether that's an office, retail shop, building, or even a plot of land.
Commercial property owners are also taking note of the opportunities, especially in booming areas with lots of buyer interest. Speaking of which, here are some of the hottest places in the commercial property market according to haus & haus experts.
Downtown Dubai
Overview: Home to some of the emirate's most famous landmarks (including the world's tallest tower Burj Khalifa) and sitting next to its central business hub, this vibrant sector is more popular than ever. It offers plenty of residential and commercial spaces, plus top entertainment, shopping, and dining spots.
Why buyers love it: Downtown is easily accessible through both personal vehicles and public transportation. It's also one of the most touristy areas in Dubai, so the commercial spaces are always full of customers.
Most sought after properties: Buildings such as EMAAR Square and Boulevard Plaza are particularly popular for office units, offering a good rate of transactions for sales and leasing.
Dubai International Financial Centre (DIFC)
Overview: As the leading financial hub for the Middle East, South Africa and South Asia (MEASA), DIFC is full of thriving businesses, skyscrapers, shops, restaurants, and amenities strategically located between the east and west side of the emirate (also known as new and old Dubai).
Why buyers love it: This area offers a smooth experience for business owners, from easy set-up processes to an enabling infrastructure and an array of office spaces.
Most sought after properties: High end office units are very hot in this sector, with towers such as Burj Daman attracting many buyers due to their location and the large number of independent owners.
Business Bay
Overview: Known as the emirate's central business hub, you'll find leading international and local companies in this prominent destination. It’s also one of the highest and fastest transacting areas, offering a wide range of units for every budget and need.
Why buyers love it: New and exciting developments are frequently announced in the area, making it even more attractive to buyers and business owners.
Most sought after properties: This is one of the most desired locations for small, medium, and large companies looking for office spaces.
Jumeirah Lake Towers (JLT)
Overview: JLT is home to the UAE's number one freezone – the Dubai Multi Commodities Centre (DMCC). With a vibrant mix of offices, residences, dining spots, and retail outlets spread along three lakes, this mixed use area has two metro stations and lots of parking spaces in all buildings.
Why buyers love it: JLT sees hundreds of visitors each day, and buyers value the wide variety of choices and convenient location.
Most sought after properties: Offices are in high demand thanks to the attractive options for businesses. The new district Uptown Dubai is also causing quite a buzz, set to be one of the most famous mixed use projects in the emirate.
Sheikh Zayed Road (SZR)
Overview: Known as the road that connects all seven emirates, SZR is one of Dubai's major highways. Businesses have plenty of options in the area, with properties ranging from offices and shell-and-core units to furnished spaces and retail stores.
Why buyers love it: As expected from a main road, SZR sees a lot of activity day and night. The exposure, location, and easy connectivity are just some of the factors drawing companies to this bustling area.
Most sought after properties: The area is in high demand for commercial rentals as many companies and large scale retail concepts such as car showrooms, furniture stores, and restaurants prefer this location.
Bottom line
If you've been thinking about selling your commercial property and it just so happens to be in one of the best commercial property investment areas, you're in for a good return on your investment.
Want more info before making a decision, or need help navigating the commercial property market? The haus & haus Commercial experts would be happy to help – get in touch for a free consultation.
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