Dubai’s economy is flourishing, but new businesses are choosing to migrate there because of the city’s reputation for safety, quality education, accessibility, tax structure, and modern healthcare systems (as demonstrated by the city’s swift response to the coronavirus outbreak).
Many areas of the economy, including trading, export, import, logistics, financial services, hospitality, event management, tourism, construction, and so on, have transformed the United Arab Emirates into a global trading hub and ultimate investment destination. As a result, the United Arab Emirates is a popular choice for many entrepreneurs because of various factors. The top ten reasons to do business in Dubai are listed here:
1. Growing economy of Dubai
Despite the pandemic, the UAE’s economy remained robust. In other words, tourism rebounded the fastest in the world.
Despite the Covid-19 situation, the United Arab Emirates plans for a brighter future by aiming to double its economy by 2030. Entrepreneurs, Investors, and creative minds can also use the country’s state-of-the-art infrastructure, superior connectivity, highly developed incubators, accelerators, investors, various incentives, and recent legislative modifications.
2. Ideal Location
A suitable venue to conduct many economic activities, such as international trade (import and export), logistics, tourism (hospitality), and events (event management), Dubai’s strategic location allows for easy access to all three continents. Dubai is in the center of the 400-mile-long shoreline of the United Arab Emirates. Because it has sea and air access, Dubai is an ideal transit hub for products moving between East and West. 2.5 billion consumers in Gulf, Africa, Asia, and CIS nations may reach through Dubai.
3. Favorable Tax Structures and Regulatory for Businesses
Interestingly, many entrepreneurs choosing Dubai as their base of operations are ex-pats from high-tax cities and nations like the United States, the United Kingdom, Switzerland, and France. In Dubai, profits are tax-free, yet it is vital to understand the tax rules of every individual’s home country. People who favor self-regulation highlight Dubai’s regulatory environment as an additional reason to go there. Corporate and personal income taxes and withholding tax exemptions are available in the United Arab Emirates’ 38 free zones, established to encourage foreign investment.
The UAE’s economy is considered one of the most liberal and diverse in the Middle East and North Africa. Most businesses in Dubai are exempt from taxes, except for branches of foreign banks, hotels, and oil and gas corporations headquartered in the United States.
Dubai does not impose any of the following taxes:
- Personal income tax
- Value-added Tax
- Capital gains tax
- Corporate Tax
- Withholding Tax
4. A Safe Place to Live and Work
Entrepreneurs looking to launch a business in Dubai can find all they need in the city’s innovative design centers, startup hubs, and strategic collaborations. One of Dubai’s distinctive features is its emphasis on health and safety due to its status as one of the safest cities on Earth. Dubai is among the countries with the world’s lowest crime rates. While the world average is 6 to 8 crimes per 100,000 people, the number of severe crimes in the United States is only 0.5 to 1 per 100,000. Furthermore, the United Arab Emirates is one of the most stable countries. The United Arab Emirates has attracted many foreign investors and enterprises because of its high security and political stability. A safe environment is indeed necessary for a business to thrive.
5. Residency Permit
A UAE provides Residency Visa if you open a business in Dubai or other Emirates in the UAE and your family members and expatriate staff. Having a UAE Residency Visa offers various advantages, including opening a current account in UAE banks, leasing an apartment for an extended period, and entering and exiting the UAE multiple times.
Golden Permits, long-term residence visas that allow business owners and their staff to live and work in the UAE without the historical necessity of having a sponsor, were made available in 2019 to make relocation easier for businesses. In contrast to the past requirement that a company outside the free trade zone have a local partner with at least 51% ownership, these visas are awarded to qualified individuals and their families for 5 or 10 years, renew automatically, and offer 100% ownership of one’s business. The goal is to make the UAE more appealing to business people, particularly startups and business owners.
6. World-class Health Care
Healthcare in Dubai is excellent, with top-notch facilities and highly qualified staff overseen by the Ministry of Health and Prevention. In addition to the government’s four hospitals, Dubai, Rashid, Latifa, and Hatta, more than 40 other hospitals in Dubai. Healthcare in Dubai provides healthcare accessible to all residents, and employers need to provide health coverage for their employees’ costs.
Living a healthy lifestyle is impossible without finding something to do in Dubai. Fitness-conscious visitors and locals alike can enjoy the city’s pristine beaches, delicious cuisine, and bustling streets great for a stroll. Sports including skiing, polo, cricket, tennis, cycling, and camel riding are most popular.
7. Retain capital and profits in full
Remittances of capital and profits are not subject to any limitations in Dubai. However, many businesses prefer to keep their money in the United Arab Emirates because of its tax-free status. In addition, there is no foreign exchange restriction in the UAE, and the US dollar and the UAE Dirham have a steady exchange rate of US$1.00 to AED 3.678.
8. Transportation and Infrastructure
The Dubai International Airport (DXB) serves over 100 airlines and 260 destinations worldwide, making it one of its best public transportation systems. In addition, Dubai International Airport (DXB) is the world’s largest and fastest-growing passenger and cargo hub, according to the Airports Council International.
You don’t have to be tense about finding an office, a retail shop, a manufacturing unit, or a warehouse in Dubai if you’re launching a business there. There has been a tremendous amount of new construction on a vast scale in recent decades in residential, tourism, industrial and commercial use. New highways, improved public transportation, and a new airport are all in the works. UAE’s infrastructure and transportation have been ranked among the best globally by the WEF Travel and Tourism Competitiveness Report. However, there was a significant gap between the quality of roads in the country and the quality of air travel, ports, and ground transportation. There are two kinds of ports: maritime and aviation.
Dubai International Airport is the region’s largest airport and one of the region’s largest seaports (Jebel Ali Port). Importing and exporting items to and from Dubai may be done via sea, land, and air, so there’s no need to worry about the logistics of international shipments getting here or going there.
9. Corporations with a global reach
Microsoft, HP, Oracle, Nokia, Sony, and Boeing are just some of the world’s most well-known multinational corporations with regional offices in Dubai. In addition, Procter & Gamble, Adidas, and BBC World have regional offices in Dubai. Moreover, numerous internationally famous colleges have campuses in Dubai, such as the American University, Wollongong University, Michigan State University, London School of Economics, Rochester Institute of Technology, London School of Business, and Hult International Business School.
10. Living standards
Finally, the excellent quality of life and living conditions that one may enjoy in Dubai are another reason to choose the Emirate as a company location. Among the 160 countries studied, the UAE came first in the Middle East and North Africa for overall quality of life and 15th globally. Furthermore, the United Nations has recently placed the United Arab Emirates as the 14th happiest country. Therefore, you can be more productive and inspired by the pleasant environment while enjoying an excellent quality of life and living standards.
As a result, Dubai has become one of the world’s most important cities. Businesses worldwide are interested in doing business in Dubai because of the government’s strong support for small and medium-sized enterprises (SMEs). Additionally, Dubai’s Smart City 2021 initiative is changing the city, revolutionizing government service delivery, encouraging private sector partnerships, and increasing happiness. In addition to drawing worldwide attention, Expo 2020 Dubai is expected to boost domestic travel, which grew during Covid. The United Arab Emirates’ position as a global melting pot is admirable, with 180 nationalities in the UAE.
The Bottom Line
While Dubai’s position as the world’s one favorite spot is undeniable, it will only get stronger in the future. More and more people are flocking to do business, work, and live in Dubai for all these reasons. Nearly 90% of Dubai’s population comprises expatriates from 200 countries worldwide. Primarily, they’re drawn to the Emirate by its commercial and investment opportunities.
Table of Contents
- 1. Growing economy of Dubai
- 2. Ideal Location
- 3. Favorable Tax Structures and Regulatory for Businesses
- 4. A Safe Place to Live and Work
- 5. Residency Permit
- 6. World-class Health Care
- 7. Retain capital and profits in full
- 8. Transportation and Infrastructure
- 9. Corporations with a global reach
- 10. Living standards
- The Bottom Line
Recent Posts
- Key Factors to Consider When Evaluating Commercial Property Locations in Dubai: A Step-by-Step Checklist
- How to Value Your Commercial Property
- Global High-Net-Worth Individuals Set to Invest $408.3 Million in Abu Dhabi Real Estate
- Tecom Group's $463 Million Investment: A Transformative Boost for Dubai's Commercial Real Estate
- How to Get a Mortgage on a Commercial Property in Dubai
Categories
Schedule a call with our property consultants
Latest Insights
Choosing the right commercial property in Dubai is a critical decision for business owners and investors alike. The city offers a dynamic real estate market with attractive opportunities but it’s essential to evaluate various factors before committing to a location. Whether you're setting up a new business or expanding an existing one, this step-by-step checklist will help guide your decision-making process.In this article, we’ll walk you through the key considerations when evaluating commercial property in Dubai, ensuring that you make an informed decision that aligns with your business needs.1. Understand Market Trends in Dubai Real EstateBefore diving into specific locations, it's important to grasp the current market trends in Dubai real estate. Are commercial property prices rising or falling? Which areas are experiencing growth? By staying informed on these trends, you can make a sound investment and ensure long-term value for your property. A good way to check how current communities are performing is to watch out for CRC's quarterly market reports and monthly snapshots.Some neighborhoods in Dubai are undergoing rapid development, while others offer stability. Researching these trends will help you avoid areas that may seem promising now but could lose value in the future.2. Accessibility and Transportation LinksA prime commercial location should be easily accessible to clients, employees and suppliers. Consider the proximity of public transportation, major roads and highways. In Dubai, areas near metro stations, such as Sheikh Zayed Road, Downtown Dubai and Business Bay, tend to be popular choices due to their connectivity and ease of access.Ensure the property is convenient for foot traffic if your business relies on walk-ins, or consider the availability of parking if customers are likely to drive.3. Proximity to Target DemographicsWhen evaluating commercial property locations in Dubai, it's crucial to consider your target audience. Is your business aimed at professionals, tourists or families? Selecting a location that attracts the right demographic is key to your success.For instance, luxury retailers might benefit from being situated in Downtown Dubai or Dubai Marina, while businesses catering to families may find more foot traffic in residential areas like Jumeirah or Al Barsha.4. Future Developments and InfrastructureThe Dubai real estate market is constantly evolving, with numerous infrastructure projects in the pipeline. Research any planned developments near your prospective commercial property. Upcoming metro stations, shopping malls or office complexes can significantly boost the value and appeal of a location.However, it's also important to weigh the impact of construction projects. While future developments can enhance property value, ongoing construction may cause disruptions.5. Commercial Property Regulations in DubaiDubai has specific laws governing real estate transactions and property use. When choosing a location, it's essential to understand Dubai property regulations and ensure that your business activities align with zoning laws. Some areas are designated for retail, offices or industrial purposes, so it’s important to choose a location that complies with local regulations, if you are ever unsure it is best to consult with commercial real estate experts to ensure that your intended business activity/concept aligns with the regulations. Consult with a legal expert or property consultant to make sure you understand the legal landscape and avoid any costly mistakes.6. Competitive AnalysisInvestigate the competition in the area. Are there similar businesses nearby? While a certain amount of competition can indicate a healthy demand, an oversaturated market might make it difficult for your business to thrive.On the other hand, clustering your business in an area known for your industry can bring benefits. For example, tech companies tend to thrive in Dubai Internet City & DIFC, while fashion retailers may prefer the bustling Dubai Mall area.7. Safety and SecurityIn any city, safety is a top priority for businesses and employees. Dubai is known for its low crime rate, but some areas may offer higher security features than others. When evaluating commercial property in Dubai, assess the availability of security services, surveillance and the overall safety of the neighborhood.8. Leasing Terms and CostsUnderstanding the financial aspects is crucial when selecting a commercial property. Compare leasing terms across different locations and consider hidden costs such as service charges, maintenance fees and fit-out costs.Additionally, consider the potential for negotiation. In a competitive market, landlords may offer favorable leasing terms, especially if there is a strong demand for long-term tenants.9. Business Licensing RequirementsCertain locations in Dubai may require specific licenses for your business to operate. When reviewing potential properties, ensure that you understand the relevant licensing regulations. For example, setting up a retail shop in a free zone may have different requirements than a location in mainland Dubai.ConclusionEvaluating a commercial property location checklist is vital for making the right choice for your business in Dubai. From market trends to accessibility, future developments and Dubai property regulations, every factor plays a crucial role in determining the success of your venture.By following this step-by-step checklist, you'll be well-prepared to choose a commercial property that supports your business goals and ensures long-term growth in one of the world’s most dynamic real estate markets.About CRCCRC Property in Dubai is a leading commercial real estate brokerage, specializing in helping businesses find the ideal commercial properties across the UAE. With deep expertise in the Dubai market, CRC offers a wide range of services including leasing, sales and investment advisory for offices, warehouses, retail spaces and more. Their team of experienced consultants provides personalized solutions, ensuring clients find properties that align with their business needs, budget, and future growth plans. CRC Property's in-depth market knowledge and commitment to client success make them a trusted partner in Dubai’s competitive commercial real estate sector.
Continue Reading
Valuing your commercial property accurately is essential for various reasons, whether you're looking to sell, buy or refinance. An accurate valuation ensures you understand the true worth of your asset, helping you make informed decisions and maximising returns. This article explores the importance of commercial property valuation, five different valuation approaches and how CRC Valuations utilises these methods to provide comprehensive property assessments.Why It's Important to Value Your Commercial Property Informed Decision Making: Knowing the value of your commercial property helps you make educated decisions regarding sales, purchases, and investments.Financing and Refinancing: Accurate valuations are crucial when seeking loans or refinancing existing mortgages. Lenders require precise valuations to determine loan amounts.Taxation: Property taxes are often based on the assessed value of your property. Accurate valuations can prevent overpayment.Insurance: Ensuring your property is insured for its correct value protects against losses and reduces the risk of underinsurance.Investment Analysis: Investors use property valuations to assess potential returns and make strategic investment decisions.The Five Valuation ApproachesComparative Method: This approach involves comparing the property with similar properties that have been recently sold. Factors like location, size, condition and lease terms are considered.Income Capitalization Method: This method calculates the property's value based on its ability to generate income. It involves determining the Net Operating Income (NOI) and dividing it by the capitalisation rate.Cost Method: This approach estimates the value of the property by summing the land value and the depreciated cost of constructing the building and improvements.Residual Method: Used primarily for development properties, this method calculates the property's value based on its potential for future development. It considers the gross development value minus the costs of development and a profit margin.Profit Method: Often used for properties like hotels or restaurants, this method values the property based on the profit it can generate. It involves analyzing the business's revenue and deducting operating expenses to determine the profit attributable to the property.Using The Five MethodsWhen valuing a commercial property, it's recommended to use at least two methods: a primary method and a secondary one for cross-referencing. This ensures accuracy and reliability. Each method takes into account various property characteristics such as location, specification, condition, size and types of lease contracts in place. Applied rates are adjusted based on these elements to reflect the property's true value.CRC Valuations: Comprehensive Property Valuation ServicesCRC Valuations excels in applying all the aforementioned methods to provide in-depth property assessments. The team possesses the experience and knowledge to value all property types accurately, ensuring compliance with international industry standards.The valuers at CRC Valuations have the necessary skills and qualifications to undertake valuations according to international standards such as RICS (Royal Institution of Chartered Surveyors), IVS (International Valuation Standards) and RERA (Real Estate Regulatory Authority) guidelines. Their expertise ensures that all valuations are thorough, accurate and reliable.Valuation Services Offered by CRC ValuationsCRC Valuations provides comprehensive valuation services throughout the UAE for various purposes, including:Secured Lending: Accurate property valuations are essential for securing loans, with lenders relying on these valuations to determine the loan amount.Auditing and Accounting: Businesses require precise property valuations for financial reporting, ensuring compliance with accounting standards.Acquisition and Disposal: Valuations are crucial when buying or selling properties, helping parties understand the true market value.Feasibility/Highest and Best Use Analysis: Assessing the most profitable use of a property helps in making strategic development decisions.Internal Decision-Making Purposes: Businesses often need property valuations for strategic planning and internal assessments.Applying Valuation MethodsCRC Valuations uses the five valuation methods based on the specific requirements and nature of the property. For instance:Comparative Method: Ideal for properties in established markets with sufficient comparable data.Income Capitalization Method: Suitable for income-generating properties like office buildings or rental apartments.Cost Method: Used for unique properties or those with no recent sales data for comparison.Residual Method: Applied to development sites to determine their potential value post-development.Profit Method: Best for business properties like hotels or restaurants where the property's value is closely tied to the business's profitability.Ensuring Accurate ValuationsCRC Valuations ensures that each method is appropriately applied by considering the property's unique features and characteristics. This includes:Location: The property's location significantly impacts its value. Prime locations command higher values due to demand.Specification and Condition: The quality and condition of the property influence its marketability and value.Size: Larger properties generally have higher values but must be assessed in context with their use and demand.Lease Contracts: Existing lease terms, tenant quality, and lease duration affect the property's income potential and consequently, its value.ConclusionValuing your commercial property accurately is vital for making informed decisions, securing financing, and maximizing investment returns. Utilising at least two valuation methods ensures a comprehensive and reliable assessment. CRC Valuations stands out in the field with its expertise, adherence to international standards, and application of all five valuation methods. Whether for secured lending, auditing, acquisitions or internal decision-making, CRC Valuations provides precise and detailed property valuations across the UAE, helping clients navigate the complex real estate market with confidence. Contact us today!
Continue Reading
Abu Dhabi's real estate market is poised for a significant boost as high-net-worth individuals (HNWIs) from around the globe prepare to invest $408.3 million in residential properties. This burgeoning interest highlights Abu Dhabi's growing appeal as a premier destination for luxury real estate investments. Record-Breaking Property Transactions in 2023The year 2023 was a monumental for Abu Dhabi's real estate sector, registering a record 15,653 property transactions. This figure represents a remarkable 73.7% increase compared to 2022. The total value of these property deals soared to Dh87.1 billion, a substantial rise from the Dh61 billion recorded the previous year.Surge in Non-Resident InvestorsOne of the most notable trends of 2023 was the influx of non-resident investors into Abu Dhabi's real estate market. The capital welcomed 1,098 non-resident investors, marking an impressive 175% increase over 2022. This surge underscores Abu Dhabi's growing reputation as a lucrative and attractive destination for international investors.Tessa Lowe, Manager of CRC Abu Dhabi states “The Government intends to expand property rights further for foreign investors to improve the attractiveness of the Emirate as an investment destination. Foreign nationals are permitted to own real estate in the Emirate, within specially designated zones.”Tessa Lowe, CRC Abu Dhabi ManagerFurther touching on this, Ms. Lowe stated “Abu Dhabi has taken important steps in recent years to speed up and streamline its activities through a comprehensive and fast faced restructuring program.”Abu Dhabi's Growing AppealSeveral factors contribute to the rising interest in real estate in Abu Dhabi. The city offers a strategic location, a robust economy and a high standard of living. Additionally, Abu Dhabi's continuous development of world-class infrastructure and luxury residential projects makes it an ideal investment choice for HNWIs.The city is investing strongly in expanding and upgrade tourism and cultural offerings with significant projects. Tessa Lowe commented “With large amounts of funds and energy being invested into the tourism sector, Abu Dhabi is positioned to become one of the most attractive places for high-end tourists, while offering new facilities and leisure activities to the Emirates permanent residents.”A Promising FutureThe substantial investments by HNWIs are expected to further stimulate the real estate market in Abu Dhabi, fostering economic growth and development. As more investors recognise the potential and stability of the Abu Dhabi real estate market, the trend of increasing property transactions and values is likely to continue.
Continue Reading
Tecom Group has made headlines with its substantial $463 million investment to acquire and develop key commercial and industrial properties in Dubai. This strategic move includes acquiring two office buildings in Dubai Internet City and a significant land parcel in Dubai Industrial City from Dubai Holding Asset Management (DHAM). Additionally, Tecom will develop six new office buildings in Dubai Design District (d3) to cater to the burgeoning demand from the design, fashion, and creative sectors. This development underscores Tecom's commitment to enhancing Dubai's commercial real estate market and supporting its growth prospects.Tecom Group's Acquisition of Two Grade A Office TowersOne of the cornerstone elements of this investment involves acquiring two grade A office buildings in Dubai Internet City from DHAM for Dh420 million. These properties, offering a gross leasable area of 334,000 sq ft, are highly occupied and house esteemed regional and international tech companies. The high occupancy levels and premium tenant mix indicate strong, stable returns for investors, making this a highly attractive investment proposition.Moreover, Tecom's acquisition of 13.9 million sq ft of industrial land in Dubai Industrial City for Dh410 million from DHAM is a clear signal of confidence in Dubai's ongoing economic growth. This expansion opens up new opportunities for businesses seeking premium industrial spaces, further enhancing Dubai's appeal as a global business hub.Dubai Design District's Dh689 million Investment A significant aspect of Tecom's strategy involves Dubai Design District (d3), a subsidiary of Tecom Group, acquiring 629,000 sq ft of gross floor area for Dh136 million as part of phase two of the d3 Design Quarter development. Additionally, Tecom will invest Dh689 million to develop six grade A office buildings with a gross leasable area of 503,000 sq ft, with completion targeted by 2028.This development is driven by strong demand from the design, fashion, and creative industries, highlighting a growing market need. The creation of high-quality office spaces in d3 is expected to attract a wide range of creative businesses, further cementing Dubai’s reputation as a center for innovation and design.Why This Investment Matters & What This Means for Dubai's Business Landscape Tecom Group’s strategic investment reflects a profound confidence in Dubai's commercial real estate market. For investors, the acquisition of high-occupancy properties in prime locations like Dubai Internet City and the development of new office spaces in d3 offer promising returns and long-term value. The focus on expanding industrial space in Dubai Industrial City aligns with broader economic trends, supporting the city's role as a logistics and manufacturing hub.From a business perspective, the influx of new, high-quality office spaces caters to the increasing demand from sectors that are pivotal to Dubai’s diversified economy. The design, fashion and creative industries, in particular, will benefit from state-of-the-art facilities, fostering an environment of creativity and innovation.Moreover, Tecom's investment aligns with Dubai's vision to be a leading global city for business, tourism and innovation. By enhancing the commercial real estate landscape, Tecom is not only supporting current economic growth but also paving the way for future opportunities. This strategic move positions Dubai as an attractive destination for international companies looking to establish or expand their presence in the region.Tecom’s CEO, Abdulla Belhoul, emphasised that this "ambitious Dh1.7 billion ($463 million) strategic acquisitions and development plan will capitalise on the unique opportunities that Dubai’s commercial real estate market offers.” This statement encapsulates the essence of Tecom's investment strategy: leveraging Dubai’s strengths to create value and drive sustainable growth.In conclusion, Tecom Group's $463 million investment is a transformative step for Dubai's commercial property market. It offers robust opportunities for investors and businesses alike, reinforcing Dubai's status as a premier global business hub.Are you looking to invest in Commercial Property in Dubai? Browse our portfolio.
Continue Reading
Investing in commercial real estate in Dubai can be a lucrative venture, given the city's thriving business environment and strategic location. Whether you're looking to start a business or expand an existing one, obtaining a mortgage for a commercial property can be a smart financial move. This guide will walk you through the key steps involved in securing a mortgage for a commercial property in Dubai.Understanding the Dubai Real Estate Market:Before diving into the mortgage process, it's crucial to have a solid understanding of the Dubai real estate market. Dubai has a diverse commercial property landscape, including office spaces, retail outlets, warehouses and more. Research the specific market segment that aligns with your business goals and budget.Financing Options:In Dubai, various financial institutions, including local and international banks, offer commercial property mortgages. Research and compare the financing options available to find the one that suits your needs. Consider interest rates, loan terms and any additional fees associated with each option.Eligibility Criteria:To qualify for a commercial property mortgage in Dubai, you'll need to meet certain eligibility criteria. Typically, lenders will assess factors such as your business's financial stability, credit history and the type of commercial property you intend to purchase. Prepare financial documents, business plans and any other relevant information that lenders may require during the application process.Engage a Qualified Real Estate Agent:Navigating the Dubai real estate market can be complex and having a qualified real estate agent can be invaluable. An experienced brokerage such as CRC Property can help you identify suitable properties, negotiate terms and guide you through the legal and regulatory aspects of the transaction.Due Diligence:Before finalising your property selection, conduct thorough due diligence. Ensure that the commercial property complies with local zoning regulations, has clear ownership titles and is free from any legal encumbrances. This step is crucial in avoiding potential complications down the road.Legal Requirements:Dubai has specific legal requirements for property transactions. Engage the services of a qualified legal professional to ensure all contracts and agreements comply with local laws. The legal expert can also assist in obtaining the necessary approvals from relevant authorities.Loan Application Process:Once you've selected a property and completed your due diligence, it's time to initiate the loan application process. Prepare a comprehensive application package, including your business and financial documents and submit it to the chosen lender. Be prepared for a thorough assessment of your financial health and the viability of your business.Negotiate Terms:After the initial evaluation, engage in negotiations with the lender to secure favorable terms for your mortgage. Discuss interest rates, loan duration and any other relevant conditions. A skilled negotiator can help you achieve terms that align with your business strategy and financial capabilities.Conclusion:Securing a mortgage for a commercial property in Dubai requires careful planning, research and adherence to legal requirements. By understanding the local real estate market, exploring financing options and working with experienced professionals, you can navigate the process successfully. As Dubai continues to be a hub for business and investment, a well-executed commercial property investment can contribute significantly to the success of your enterprise.About CRC Property CRC (Commercial Real Estate Consultants) is a brokerage firm specialising in commercial properties and affiliated with Betterhomes. The company was founded by a group of creative and forward-thinking individuals in the real estate industry. CRC mainly focuses on serving local and international clients who want to sell, lease, or invest in commercial properties to achieve greater value. With a team of 50 property experts, we understand the business of commercial real estate. Our property consultants are handpicked and trained to the highest standards to professionally represent our brand and your interests. Leveraging best-in-class technology and support, our agents provide comprehensive options to strategic direction - now and long into the future. With proven track records and an ever-present eye on market trends, CRC makes it our business to develop an innate understanding of yours.
Continue Reading