Location plays an important role in a business. Additionally, security, accessibility and ease of doing business are also considered when starting a business. Dubai, the city of gold offers all these facilities along with many more – making it a heaven for investors and travellers alike.
Often addressed as a futuristic city, Dubai is fully equipped with all the facilities to make any legitimate business an instant success. That said, you would need an office space to get your business up and running. We have compiled some tips for renting an office in Dubai to help you get the best out of the office renting experience.
Starting a Business in Dubai
The real estate industry is one of the largest sectors in the UAE. Dubai holds paramount value for making the industry this big. Whether you’re planning to start a car rental business in Dubai or investing in any other sector, the city offers ample opportunities for all.
The diverse public, advanced infrastructure, top-of-the-line services, and unmatched security, all contribute to the investors’ and travellers’ trust. Additionally, Dubai also has all kinds of commercial and residential spaces to cater to the needs of investors and visitors. You can easily rent an office space in Dubai and give your business a head start.
Tips for Renting an Office in Dubai
There are different types of business licences in Dubai you should obtain before starting a business in the city. The required licences and permits are necessary for getting approval for rental contracts.
Once all the obligations are done with, you can look for a property to start your business. Listed below are some tips for renting an office in Dubai which can help you decide better:
SELECT THE RIGHT LOCATION
Location plays an important role in any business. The ease of travel, access to public transport and other amenities are all important factors you should consider before closing the deal. Ideally, an office location should be at the centre of the city with easy access to transportation. An easily accessible location makes commuting easy for clients and employees.
Similarly, the location should be near the main Dubai public transport hubs. Employees take this factor into consideration for a job. An office location closer to public places such as malls and markets also make it easy for the owner to get office supplies. Additionally, a central location makes your business more visible, attracting more eyeballs.
HIRE A REAL ESTATE AGENT
Hiring a real estate agent is also among the effective tips for renting an office in Dubai. Real estate agents and agencies come with vast knowledge of the area’s property market. They can help you decide better on the type of property best suited for your business.
Following the legal steps is also among the benefits of hiring a real estate agent. Real estate agents can help you with renting office in Dubai by following all protocols. They can also help you get the required approvals, help you with contracts and guide you in case of any need. However, it is advised to go for a trusted and authorised name when opting for a real estate agent.
CONSIDER THE ADDITIONAL COST
Keeping the additional costs in mind is an important part of renting an office in Dubai. Your expenses will not be limited to rent and office furniture. There are some hidden costs of renting in Dubai you should be aware of. Some of the costs you should consider are as follows:
- Agency Fees
- Ejari registration fees
- Security deposit
- DEWA account opening and connection charges
- Office furniture moving
Considering these costs can help you with budgeting and executing your plan efficiently.
HAVE AN EXIT STRATEGY
Having an exit strategy is also among the effective tips for renting an office in Dubai. You are more likely to get a clear idea about your business’s future once it’s fully functional. If the business is up and running, you may require additional space. Conversely, the current space may seem excessive if the business has not achieved the desired milestones.
In either scenario, awareness about early tenancy lease termination can help you keep a plan B in case things go south. This also acts as a contingency plan and gives you the peace of mind to conduct your business.
FULFIL ALL OBLIGATIONS
If you are looking for a commercial space for rent in Dubai, it is compulsory to fulfil all obligations. For instance, getting the right type of business licence, required permits, employee visas, rental contracts registration and RERA forms is essential.
Fulfilment of legal requirements helps you avoid conflicts with the law and carry out your business practices at full scale. It is also among the essential tips to rent office in Dubai.
Popular Areas for Renting an Office in Dubai
Dubai as a whole is an ideal place for starting a business but there are some areas with an edge over others for office spaces. Listed below are some of the popular areas for renting an office in Dubai:
- Jumeirah Lake Tower
- Bur Dubai
- Business Bay
- Sheikh Zayed Road
- Dubai Internet City
- Deira
- Al Barsha
If you want to rent an office space in any of these areas and start your business in these popular vicinities, check out the following:
- Office for rent in Jumeirah Lake Tower
- Office for rent in Bur Dubai
- Office for rent in Business Bay
- Office for rent in Sheikh Zayed Road
- Office for rent in Dubai Internet City
- Office for rent in Deira
- Office for rent in Al Barsha
These were all the tips for renting an office in Dubai. The city of gold is a major attraction for people looking to make an impact on the business world. Dubai, with all its facilities and world-class infrastructure, is counted among the top destinations around the globe. You can follow these steps to rent offices in Dubai and start your business on the right foot.
If your business requires a storage facility, there are some tips to help you with renting a warehouse in Dubai. Additionally, you can also start a company in Dubai Free Zone and avail the perks that come with it.
Stay tuned to UAE’s top property blog for property rental tips and more.
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