Abu Dhabi's Office Market YTD: Rising Demand and Prime Locations

Abu Dhabi’s commercial real estate market has seen remarkable growth in 2024, with office spaces hitting a new high. Occupancy levels have soared to 88%, while rental prices have climbed by 15% year-on-year. This robust performance underscores the capital’s increasing appeal as a business hub, driven by both regional and international companies seeking to establish or expand their presence.Booming Demand and Rising RentalsThe significant 15% rise in rental prices is a key indicator of the surge in demand for office spaces in Abu Dhabi. Businesses are attracted by the city’s strategic location, economic diversification efforts and its role as a thriving hub for industries such as finance, energy and technology. The growing need for high-quality office spaces is a reflection of both new market entrants and existing companies expanding their footprint in the capital.The current occupancy rate of 88% highlights the competitive nature of the market, where prime office spaces are increasingly scarce. Tenants are now moving quickly to secure space, driving up both rental rates and competition, particularly in premium locations.Top Office Locations in Abu Dhabi Office MarketAl Reem Island One of Abu Dhabi's most prestigious addresses, Al Reem Island, has become a hotspot for businesses. The island offers a mix of modern office towers with world-class amenities and stunning waterfront views. Its proximity to the central business district, combined with easy access to luxury residential areas, makes it an ideal choice for companies looking to offer employees convenience and lifestyle benefits. Al Reem Island is perfect for businesses in the finance, consultancy and tech sectors and its reputation for premium office spaces continues to grow.Maryah Island Maryah Island stands out as a premium business destination in Abu Dhabi, offering state-of-the-art office spaces within the Abu Dhabi Global Market (ADGM) jurisdiction. Known for its prestigious ADGM licenses, the island is a key financial hub, attracting international and regional companies. The area boasts modern, high-end buildings with world-class facilities, making it an excellent choice for businesses seeking a premium office environment. With its strategic location and exclusive status, Maryah Island is ideal for firms looking for a sophisticated, globally recognised base in the UAE capital.Corniche The Corniche area is another prime location for offices in Abu Dhabi, offering stunning sea views and a central position within the city. Known for its iconic waterfront, Corniche attracts businesses looking to combine a prestigious address with scenic surroundings. Offices here are typically found in high-rise buildings that provide excellent amenities. Its central location also ensures easy access to key commercial areas, making it an appealing choice for companies looking to establish themselves in the heart of the capital.Addax Office Tower The Addax Office Tower, located on Al Reem Island, is another top choice for companies seeking high-end office spaces. The tower is a symbol of luxury and efficiency, offering panoramic views of the city and waterfront, state-of-the-art facilities, and large floor plates that can accommodate businesses of various sizes. Its strategic location within Abu Dhabi’s business hub, coupled with top-tier amenities, makes it highly attractive for multinational corporations and local businesses alike. The tower also benefits from the island's proximity to key government institutions and major infrastructure.Al Khalidiyah Al Khalidiyah is prized for its central location, making it one of the most sought-after areas for renting offices in Abu Dhabi. This bustling district offers excellent connectivity to the city’s key commercial hubs, making it highly convenient for businesses. Companies can find office spaces in mid to high-rise buildings equipped with modern facilities, all at competitive rates. For those seeking furnished offices in a prime location, Al Khalidiyah presents a strong option.Mohammed Bin Zayed City Mohammed Bin Zayed City, named after His Highness Sheikh Mohamed Bin Zayed Al Nahyan, offers a blend of affordability and strategic connectivity. Located on the outskirts of the city, it provides seamless access to major highways such as Al Ain Road (E22) and Sheikh Khalifa Bin Zayed International Road (E11). This suburban area is an attractive option for companies looking to secure office space at reasonable rents while benefiting from quick access to the capital’s main roads.The Road AheadWith Abu Dhabi’s office market maintaining its upward trajectory, the city is expected to remain a top destination for businesses across a variety of sectors. The strong occupancy rates and rising rental prices suggest a healthy market, though businesses must act quickly to secure prime spaces as competition intensifies. Locations presented above will continue to dominate as top choices for companies looking to establish themselves in Abu Dhabi’s dynamic commercial landscape.For businesses seeking the right balance between quality, location and cost, staying informed about market trends and exploring strategic opportunities in Abu Dhabi's leading office locations is crucial for success.About CRC Abu Dhabi CRC Property Abu Dhabi is a leading commercial real estate brokerage, offering expert services across leasing, sales and investment advisory. With deep knowledge of the local market and a strong presence in key areas across the city. CRC provides tailored solutions for businesses looking to establish or expand in the capital. Whether clients are seeking premium office spaces, industrial properties, or investment opportunities, CRC’s team of experienced consultants ensures a seamless process, helping businesses find the right space to thrive in Abu Dhabi's dynamic commercial landscape.

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Tecom Group's $463 Million Investment: A Transformative Boost for Dubai's Commercial Real Estate

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.  

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Dubai Real Estate Update March 2024 by Behnam Bargh

Since the start of 2024, Dubai's real estate market has remained vibrant, with a total of 31,206 transactions recorded. These transactions amounted to a significant total worth of AED 93.93 billion as per data from DLD.The transactions included the sale and purchase of 2,513 buildings and 3,313 plots of land, reflecting sustained activity and interest in both residential and commercial properties across the emirate.We are seeing investors continue to show confidence in Dubai's real estate sector, drawn by its strategic location, robust infrastructure and diverse range of property offerings. The market's resilience and ongoing developments indicate positive momentum for the remainder of the 2024.Merging of Nakheel & Meydan Under Dubai HoldingRecently, HH Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announced that two of the largest developers, will be merging under the ownership of Dubai Holding.We at CRC believe that by joining forces, Meydan and Nakheel can leverage their respective strengths to optimise resources, streamline processes and implement best practices across all stages of project development. This strategic consolidation brings together two prominent entities renowned for their expertise and innovation in urban development.Furthermore, the combined wealth of experience and knowledge from both entities is expected to catalyse innovation in design, construction and sustainability practices.Collaborative efforts may yield groundbreaking solutions for urban challenges, enhancing the livability, functionality and aesthetic appeal of Dubai's built environment.Commercial Real Estate ForecastsThe commercial real estate market is forecasted to witness continued growth, particularly in sectors such as hospitality, F&B, health and wellness and the industrial market.We at CRC hope to see an increase of new office supply entering the market by developers this year, to cater to the high demand we are witnessing, as Dubai remains a preferred destination for regional and international businesses seeking expansion opportunities.

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Market Update
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Dubai Real Estate Update March 2024 by Behnam Bargh

Mar 19, 2024

KEZAD Group Embarks on AED 621 Million Investment to Expand Warehousing Capacity

In an exciting announcement, KEZAD (Khalifa Economic Zones Abu Dhabi) has set the stage for significant growth and innovation with its latest revelation of new warehousing capacity. The move is poised to revolutionise the logistics landscape, providing businesses with enhanced storage solutions and streamlined supply chain operations. Let's delve into the details of this groundbreaking development and its potential implications for the industry.In a significant move to meet the growing demand for warehousing and industrial facilities, KEZAD Group, the leading operator of integrated economic zones, has announced the commencement of a massive development project. With a substantial investment of AED 621 million, KEZAD Group is set to add more than 250,000 square meters of pre-built industrial and logistics facilities by the end of 2025. This ambitious undertaking is poised to enhance the group's total warehousing capacity by an impressive 43%, solidifying its position as a key player in the economic development of the emirate of Abu Dhabi.Meeting Market Demand:The decision to embark on this substantial investment comes in response to the robust demand for warehousing and pre-built facilities across both free zone and domestic industrial areas in Abu Dhabi. As businesses continue to evolve and expand, the need for modern, scalable and strategically located storage solutions becomes paramount. KEZAD Group's commitment to meeting this demand reflects its dedication to supporting businesses in their growth journey and contributing to the economic vibrancy of the region.Project Highlights:Investment Breakdown: The AED 621 million investment signifies KEZAD Group's confidence in the economic potential of the region. This substantial financial commitment underscores the group's belief in the long-term growth and sustainability of Abu Dhabi's industrial and logistics sectors.Warehousing Capacity Expansion: The construction project aims to deliver more than 250,000 square meters of additional warehousing capacity. This expansion is strategically distributed across two key areas, including over 97,500 square meters in Khalifa Industrial Area (KEZAD Al Ma’mourah A & B) and more than 153,000 square meters in ICAD 3 (KEZAD Musaffah). The careful selection of these locations ensures accessibility and convenience for businesses operating in different sectors.Timeline for Completion: With a deadline set for the end of 2025, KEZAD Group is working diligently to bring these new phases online promptly. The accelerated timeline emphasises the group's commitment to providing timely solutions to businesses in need of modern and efficient warehousing facilities.Economic Impact:As the largest operator of integrated economic zones, KEZAD Group's expansion initiative is not only about increasing warehousing capacity but also contributing to the overall economic development of Abu Dhabi. The project is expected to generate employment opportunities, attract investments and facilitate smoother trade operations, further solidifying Abu Dhabi's position as a hub for commerce and industry. 

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Unlocking Wealth: Navigating Sharjah's Commercial Opportunities in 2023

Sharjah is rapidly emerging as a dynamic hub for investors and entrepreneurs alike. Boasting a strategic location and a steadily growing economy, the new Sharjah area is unveiling a plethora of opportunities for those seeking to capitalise on its commercial market. In this article, we will delve into the key trends shaping Sharjah's business landscape and explore the enticing prospects that await both investors and entrepreneurs as highlighted by Amit Vora, Manager of CRC Property Sharjah.Opportunities for InvestorsEconomic Growth and Strategic Location: Sharjah's economic growth has been nothing short of impressive, fueled by diverse sectors such as manufacturing, logistics and tourism. Its strategic location as a gateway between the East and West positions it as an attractive investment destination. Investors can tap into this burgeoning economy to yield substantial returns.Investor-Friendly Policies: The Sharjah government has implemented a series of investor-friendly policies, creating an environment conducive to business growth. These initiatives aim to streamline processes, reduce bureaucracy and provide a supportive framework for businesses to thrive. This commitment to facilitating ease of doing business is a key driver for investors considering the region.Commercial Real Estate Initiatives: The commercial real estate sector in Sharjah is experiencing a renaissance, thanks to the government's strategic initiatives. With a focus on creating vibrant business districts, the government is actively attracting new businesses by offering competitive incentives. This includes tax breaks, reduced licensing fees and other perks designed to entice investors to set up shop in Sharjah.Launch of Mega Projects: The launch of ambitious projects like Aljada and Tilal City has injected a new wave of energy into Sharjah's commercial market. These mega developments not only enhance the city's infrastructure but also provide diverse investment opportunities. Investors can explore sectors ranging from hospitality and retail to residential real estate, contributing to the city's evolution into a modern business hub.Image: Tilal City - Sharjah Opportunities for EntrepreneursReserve Spaces for Innovative Ventures: Entrepreneurs and project owners are encouraged to reserve spaces within the new Sharjah area to bring their innovative ventures to life. Whether it's a tech startup, a boutique retail concept or a service-oriented business, the city welcomes diverse ideas that contribute to the region's development.Enhancing Quality of Life: The Sharjah government is actively seeking entrepreneurs who can contribute to enhancing the quality of life for residents. From innovative healthcare solutions to sustainable living initiatives, entrepreneurs have a unique opportunity to make a positive impact on the community while building a successful business.Government Initiatives for Startups: Recognising the importance of startups in driving economic growth, the Sharjah government has introduced various initiatives to support entrepreneurs. This includes funding programs, mentorship opportunities and access to shared workspaces, creating an ecosystem where new businesses can flourish.ConclusionIn conclusion, Sharjah's commercial market is on an upward trajectory, presenting a tapestry of opportunities for both investors and entrepreneurs. The confluence of a growing economy, investor-friendly policies and visionary projects make Sharjah a compelling destination for those looking to be part of a thriving business landscape. As the city continues to evolve, savvy investors and forward-thinking entrepreneurs stand to reap the rewards of being early contributors to Sharjah's economic success.

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Abu Dhabi's Commercial Property Market November 2023: A Snapshot of 5 Current Trends

Abu Dhabi, the capital of the United Arab Emirates, is experiencing dynamic shifts in its commercial property market. From a surge in demand for retail options to the strategic inclusion of Al Reem under ADGM and a growing interest from financial institutions, the landscape is evolving rapidly. This article delves into the current trends shaping Abu Dhabi's commercial property market.Retail Boom in Prime LocationsThe demand for retail spaces is witnessing a significant uptick across Abu Dhabi, with particular hotspots being Al Reem, Al Raha and Saadiyat. The attractiveness of these locations is not only due to their prime positioning but also hinges on the permissibility of licensing. Businesses are keen on securing spaces in these sought-after areas, recognising the potential for high footfall and lucrative opportunities.Upscale malls, synonymous with luxury and high-end retail, are emerging as focal points for businesses. The allure of these malls, such as those on Saadiyat Island, is drawing retailers who seek to capitalise on the affluent consumer base that frequents these establishments. The demand for retail space in such malls is indicative of Abu Dhabi's growing reputation as a hub for diverse commercial ventures.Al Reem's ADGM Inclusion and Licensing ImplicationsAl Reem Island's recent inclusion under the Abu Dhabi Global Market (ADGM) has brought about a noteworthy shift in the commercial property landscape. The implication is that the applicable licenses for businesses in Al Reem are now exclusively under ADGM FZ. This regulatory adjustment could potentially influence inquiries for both retail and office spaces in the area. Businesses must navigate the licensing requirements and the impact of this change is something stakeholders are closely monitoring.Rise in Demand from Financial and Banking InstitutionsAbu Dhabi is witnessing a surge in inquiries from financial, investment and banking institutions. Many of these institutions are already established in the city but are seeking larger spaces with a specific emphasis on ample parking facilities. The expansion of these institutions reflects the city's growing importance as a regional financial hub. The demand for significant office spaces, especially with parking considerations, underscores the need for accommodating the requirements of these prestigious entities.Preference for Fitted Office SpacesClients in the commercial property market are displaying a clear preference for fitted office spaces or at the very least, Category A (CAT A) options. The desire for ready-to-use spaces highlights the efficiency and convenience that businesses are seeking. This trend reflects the evolving needs of tenants who prioritise streamlined processes and quick setup, minimizing downtime and operational disruptions.High Demand for Commercial VillasBeyond traditional office spaces, commercial villas are experiencing a surge in demand in Abu Dhabi. These unique properties provide businesses with a distinctive and often more spacious alternative to conventional offices. The popularity of commercial villas reflects a growing trend of businesses seeking versatile and aesthetically appealing spaces that align with their brand image.ConclusionAbu Dhabi's commercial property market is undergoing a transformative phase, driven by diverse factors such as the demand for retail spaces in prime locations, regulatory changes, increased interest from financial institutions, the preference for fitted office spaces and the rise in demand for commercial villas. As stakeholders navigate these trends, the market continues to evolve, offering exciting opportunities for businesses seeking to establish a presence in this vibrant city. 

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Emerging Trends in Dubai's Industrial Property Market

Dubai's real estate landscape is constantly evolving and its industrial property market is no exception. Over the past few years, several exciting trends have been reshaping the city's industrial real estate sector. In this article, we'll explore some of the key emerging trends that are driving innovation and growth in Dubai's industrial property market.1. E-commerce and Warehousing BoomThe rise of e-commerce has had a profound impact on Dubai's industrial property market. With the increasing demand for online shopping and fast delivery services, there has been a surge in the construction of modern warehousing and logistics facilities. These state-of-the-art warehouses are strategically located to facilitate quick and efficient distribution, catering to the needs of both local and international e-commerce giants.2. Smart Industrial WarehousesDubai is embracing the concept of smart cities and this extends to its industrial real estate sector. Industrial properties are now incorporating advanced technologies such as IoT (Internet of Things), automation and data analytics to optimise operations. Smart warehouses equipped with real-time tracking systems, autonomous vehicles and energy-efficient solutions are becoming the new standard.3. Sustainable Industrial Real EstateSustainability is a global trend, and Dubai's industrial property market is no exception. Developers and businesses are increasingly focusing on environmentally friendly solutions. This includes the construction of green industrial buildings, the use of renewable energy sources and the implementation of eco-friendly practices to reduce the carbon footprint of industrial operations.4. Expansion of Free ZonesDubai's free zones continue to be a magnet for industrial businesses. These economic zones offer tax incentives, full ownership rights and streamlined bureaucratic processes, making them attractive for local and international investors. The expansion of free zones has led to an influx of industrial businesses, further boosting the demand for industrial properties in these areas.5. Diversification of Industrial SectorsDubai's industrial property market is diversifying beyond traditional industries like manufacturing and logistics. It's witnessing growth in sectors such as aerospace, technology and healthcare. This diversification not only expands the market but also brings innovation and specialisation to the industrial landscape.In conclusion, Dubai's industrial property market is evolving rapidly, driven by factors such as e-commerce growth, smart technologies, sustainability, free zones and diversification of industries. These trends are not only reshaping the market but also presenting exciting opportunities for investors, developers and businesses looking to be a part of this dynamic sector. As Dubai continues to embrace innovation and growth, its industrial property market is likely to remain at the forefront of the region's economic development.

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Commercial Leasing
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Emerging Trends in Dubai's Industrial Property Market

Oct 03, 2023

Luxury Retail in Dubai: A Closer Look at High-End Commercial Properties

Dubai, the glittering gem of the Middle East, is known for its opulence and grandeur. It's a city where luxury knows no bounds and this is perfectly mirrored in its retail landscape. In this blog post, we will take a deep dive into the world of luxury retail in Dubai, specifically focusing on the high-end commercial properties that define the city's luxury shopping experience.The Allure of Luxury Retail in DubaiDubai's emergence as a global luxury retail hub has been nothing short of remarkable. The city has transformed itself into a haven for high-end fashion, jewelry and lifestyle brands. A few factors contribute to Dubai's allure in the luxury retail sector:Wealth and Affluence: Dubai boasts one of the highest concentrations of high-net-worth individuals globally, making it a prime market for luxury brands. The city's cosmopolitan residents and affluent tourists are eager patrons of luxury goods.Tourism: Dubai's tourism industry thrives on luxury experiences, from lavish hotels to high-end shopping. The city welcomes millions of tourists each year, many of whom come with an appetite for luxury shopping, which has created a lucrative market for luxury retailers.Tax-Free Shopping: Dubai's duty-free shopping is a significant draw for international visitors. The absence of sales tax makes luxury goods more affordable, attracting shoppers from around the world.High-End Commercial Properties in DubaiLuxury retailers in Dubai are not confined to standalone stores but often reside in extravagant commercial properties that redefine the shopping experience. Here are some iconic examples:The Dubai Mall: As one of the world's largest shopping malls, The Dubai Mall is a mecca for luxury retail. Home to more than 1,300 shops, it houses flagship stores of renowned brands such as Chanel, Louis Vuitton and Gucci. The mall's opulent interiors and impressive facilities make it a top choice for luxury shoppers.Mall of the Emirates: Featuring over 600 brands, Mall of the Emirates is renowned for its indoor ski slope, Ski Dubai. Luxury retailers like Burberry, Versace and Cartier find their place in this shopping paradise.The Galleria on Al Maryah Island: Located in Abu Dhabi, but worth mentioning for its proximity to Dubai and its luxury offerings. This upscale mall features luxury brands like Prada, Dior and Dolce & Gabbana, set against the stunning backdrop of Abu Dhabi's skyline.Challenges and OpportunitiesWhile luxury retail in Dubai enjoys tremendous success, it's not without its challenges:Competition: Dubai's luxury retail market is highly competitive, with brands vying for the attention of discerning customers. Staying unique and maintaining brand exclusivity is a constant challenge.Economic Volatility: Dubai's economy can be subject to fluctuations due to its reliance on oil prices and regional stability. Luxury retailers must navigate these economic uncertainties.Changing Consumer Preferences: Luxury consumers are evolving. They now seek more than just products; they want immersive shopping experiences and sustainability. High-end commercial properties must adapt to meet these changing preferences. 

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Who are the Top Buyers of Commercial Real Estate in Dubai?

In the dynamic landscape of Dubai's real estate market, the second quarter of 2023 witnessed a remarkable resurgence of Norwegian investors in the commercial property sector. Emerging as the second-largest group of buyers, they made an impressive comeback after being largely absent since before the Covid-19 pandemic.According to our latest report at CRC, the number of sales transactions in Dubai's commercial sector surged to 3,080 in Q2 2023, signifying a significant year-on-year increase of 22 percent. This resurgence points towards a renewed confidence in Dubai's commercial property market and reflects the city's attractiveness as a global investment hub. Furthermore, the value of commercial property deals in the second quarter rose substantially by 101%, reaching an impressive AED 21.4 billion ($5.8 billion). This substantial increase in deal value indicates the growing interest and trust of international investors in Dubai's commercial real estate segment.The Indian investors continued to be the most active in the commercial sector, reinforcing their dominant position in the market. However, the notable development in Q2 2023 was the resurgence of Norwegian buyers, securing the second spot among the top buyers of commercial property. Their strong return after a period of relative inactivity underscores the allure of Dubai's business landscape and signals a renewed appetite for commercial property investments.The presence of British and French investors as the third and fourth largest buyer groups respectively indicates the diverse international interest in Dubai's commercial real estate market. This diversity in investments highlights Dubai's global appeal as a thriving business and financial center.Completing the top five buyer groups were Russian investors, emphasising the market's attractiveness to a wide array of international investors. Dubai's strategic location, world-class infrastructure, and business-friendly environment continue to be key factors contributing to its status as a preferred destination for commercial property investments.

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Market Update
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Who are the Top Buyers of Commercial Real Estate in Dubai?

Jul 27, 2023

Best places to buy office supplies & furniture in Dubai

Dubai is the city of gold and business. Here, you can find thousands of business places decked up beautifully with top-notch and latest premium-quality furniture from the best providers. Suppose you also own an office in this city. In that case, you should also decorate it with the best supplies and furniture since incorporating good, relevant, and thoughtful pieces of furniture not only enhances the value of your office but also converts it into an energetic, professional, and active place for working.If you are from Dubai and looking for the best office supplies and furniture provider around you, you have come to the right place. In this guide, we have noted the top six leading office supplies and furniture providers, distributors, and installers in Dubai. So, if you need the best furniture for your office, keep reading this guide till the end, and explore the best places to buy office supplies and furniture in Dubai.Top places to buy office supplies and furniture in Dubai:1. WorkspaceWorkspace is a leading office furniture provider in Dubai with two other outlets in Rotterdam and New York City. It is a great office furniture manufacturer, designer, and supplier from where you can get all types of office furniture within your budget. When it comes to quality, you can trust the workspace, closing your eyes. It makes incredibly affordable, trendy, vintage, and edgy-looking furniture that can effortlessly enhance the elegance of your office space.From storage cabinets to chairs, desks, lounge cabinets, and acoustic furniture, you name it, and you can get it with workspace. Their highly professional team members are always ready to find and design the best furniture for your office premise to enable you to make a dream office. You can hardly find a customer-oriented office furniture provider like Workspace in Dubai. The best part of this store is that you can make customized furniture here. Following the conventional B2B method, the workspace takes care of all customers from project planning and designing to execution. Your office will stand out from other offices if you incorporate the edgy furniture from the workspace. So, make your workspace better today only with workspace!2. Office MasterIf you are looking for trendy and luxurious office furniture and supplies in Dubai, OfficeMaster is your final destination. Since the office is where you and your employees spend most of the time, it has every right to be nicely decorated with the most luxurious and over-the-top furniture. With Office Master, you can make your dream customized office any day. Along with furniture, you can get interior design and other services from here.Office Master offers a wide range of furniture, supplies, and other services, including office Chair, Visitor Chair, Leather Chair, Mesh Chair, Educational Chairs, Ergonomic Chair, School chairs, Counter Stools, Training Chairs, Office Stools, Reception Desk, Lounge Chairs,  Office Desk, Height Adjustable Desk, Workstations, Executive Office Desk, Coffee Tables, Meeting Tables, and much more. They ensure everything is according to their client’s requirements and goes with their offices’ colours and themes.Quality is another critical thing you must check while buying furniture. But, with Office Master, you no longer need to worry about quality. Check out their official website and place your order with Office Master soon!3. Office OneOffice One is our next pick, another leading office furniture provider all over Dubai and Abu Dhabi. Here, shopping offers plenty of choices with more than 100+ top brands and 5000+ products. In short, Office One has everything for every office. Here, you can get a significant thing like a drawer or durable table and small things like a highlighter or a ball pen that make this place unique.From office supplies and stationery, like, writing instruments, paper products, office essentials, mailroom and packing supplies, box files, and ring binders, filing accessories, green office, desk organizers, sign, display, and ID holders, cash handling, and key cabinets, to multiple boards, safe, and furniture, including chair and chair mat, decorating accessories, lighting, filing cabinets and trolleys, filing cupboards and covers, shelf, sideboards, drawer units, room divider, chubb safe, Valberg safe, you can find EVERYTHING at Office One. It is a one-stop destination for all your office supplies and furniture needs. It makes Office One the number one choice for many people from Dubai who can get comprehensive services here.The shop has set everything keeping their clients in mind regarding the price of the supplies. As a result, you can get your hands on all stores without investing lots of money since everything is exceptionally budget-friendly here. So, do shop from Office One at your early convenience.4. FurnicraftIf you are on a journey to making your office premise a special and sustainable place that encourages excellent working flow and learning, a good choice of furniture and other things is a must. Furnicraft LLC is a top-rated office furniture provider based in Dubai- the United Arab Emirates, that not only makes but also distributes and installs furniture for offices. Furnicraft has an office along with a showroom where they display all the products their company makes. The excellent features of Furnicraft are their premium-quality furniture, fast and affordable delivery, massive collection, and best price.Furnicraft provides furniture solutions for offices in Dubai online as well. So, if you do not get the time to visit their store to select supplies for your office physically, you can order anything online. However, seeing the store and the products before you make a purchase online is recommended to get value for money. The best-selling and top-rated furniture you can get from Furnicraft are different types of office chairs, all types of office desks, workstations and cubicles, meeting rooms, reception desks, coffee tables, sofas, training tables, flooring, public furniture, steel furniture, wallpapers and blinds, storage, fillings, and other stuff. Whichever piece you choose from Furnicraft, you can get their signature creative touch on all products. The durability, value for money, trendy looks, and best prices make Furnicraft a one-of-a-kind office furniture shop in Dubai.5. SAGTCOSAGTCO is another leading office supplies and equipment provider in Dubai best known for making, supplying, and installing furniture in their client’s offices according to their needs and preferences. SAGTCO has been in this field since 1995 and now has become one of the top-rated furniture distributors in Dubai. Their business is divided into three major divisions. You can find thousands of high-quality, trendy, affordable furniture ranges in the office furniture and interior fit-out division.You must always select your office furniture with knowledge, patience, and time. In that case, you can always receive the best assistance from SAGTCO and their team. Here, you can visit their store to get your hands on premium-quality hand-picked furniture, including trendy office screen panels, office meeting tables, customizable office chairs, office sofas, multipurpose chairs, office system furniture, desks, modern office workstations, and work units or partitions, high adjustable desks, executive furniture, and many more other products. Additionally, SAGTCO offers free space planning, highly customizable furniture, professional installation, and express delivery services all over Dubai. So come and visit the store at your early convenience and select brilliant furniture for your smart office soon!6. High MoonHigh Moon is our final pick from where you can get your hands on the new-age, fashionable, elegant, excellent, and incredibly inexpensive furniture and other products and services for your office in Dubai. In High Moon, you can get only good-quality products with the latest designs, colours, and look that will surely compliment the overall look of your workplace. From the executive desk, reception desk, workstation, conference table, and storage to an ergonomic desk, lounge seating, and a wide variety of executive chairs, you can get everything under one roof at an affordable price. Furthermore, after selecting the furniture’s size, colour, and designs at high Moon, you can get fast and reliable free delivery options. So if you are interested, visit the official website of High Moon and get your hands on the dream furniture and make your office premise a better place for work and growth.ConclusionThese, in short, were the best places to buy office supplies and furniture in Dubai. Office supplies are crucial and can make or break the aesthetic of office space. This is why it is So, all office owners from Dubai, get ready to visit the places mentioned above a get your hands on the affordable, suitable, and matching office furniture and supplies for your office soon. Make sure to keep the colour of the flooring, walls, and other decorations, the type of office you own and the size in mind for selecting the best office furniture today. Visit these places and choose the supplies you need for your office.

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Area Guides
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Best places to buy office supplies & furniture in Dubai

Aug 19, 2022

Top 15 classified websites in Dubai UAE

These days classified websites have become the number one choice of many business owners and common people since it is a great platform that promotes interaction between buyers and sellers. You must know about classified websites if you are from a giant business-oriented city like Dubai.So keep reading this guide to explore the top 15 classified websites in Dubai, UAE.1. DubbizleDubbizle is the number one classified website in Dubai, UAE, where you can buy and sell anything online. This website offers users to get their hands-on property, cars, jobs, as well as different electronics, commodities, and more within their budget. For the unmatchable benefits provided by Dubbizle, it has become the number one and the favorite online marketplace in UAE. Additionally, you can get the Dubbizle app from the Google Play Store and iOS App Store. Check out Dubbizle right now!https://uae.dubizzle.com/ 2. Total DubaiTotal Dubai is another highly popular classified website in Dubai, UAE. Here, you can buy and sell new and used properties and vehicles. Furthermore, Total Dubai offers many services, including Accounting and Consultancy, Advertising and Marketing, Visa and pro services, Business consultancy, General Contractors, Home cleans and Maids, Real Estate agents, Handy Man, and more. You can also explore categorized job listings on this website based on different profession types. It is a 100% reliable and safe website to begin your journey with.https://www.totaldubai.com/ 3. AdPieceWith 11 years of experience, 4 offices in Dubai, great and leading partners in the market, and most importantly, thousands of satisfied users and clients, AdPiece is our next pick in the classified websites market in Dubai UAE. It is a leading platform that designs and executes tailored marketing and monetization solutions using great power, Artificial Intelligence-driven technology, and proprietary architecture. With AdPiece, you can explore many services with the best features, including media strategy and planning, desktop and mobile, seamless integration, performance-based optimization, and more. So check out the website right away!http://adpiece.com/ 4. Get That (gt)If you are in search of a classified portal for GN media, you have come to the right place. Get That or GT is probably the biggest UAE-based classified online marketplace for selling and buying properties, jobs, and new and used vehicles. It offers a highly reliable and responsive website where you can get categorized names and details of the sellers and places in Dubai. From Honda, Nissan, BMW, and Toyota, to Mercedes Benz, you can explore all top-notch brands of cars from the major cities of Dubai, including Abu Dhabi, Ajman, Sharjah, and more. This website has over 4.5 million unique users. So, be a part of Get That soon.https://getthat.com/autos# 5. Dubai Classified.comDubai Classified is another excellent free online classified website in Dubai. You can post your ads for jobs, properties, part-time jobs, buy and sell domestic services, automobiles, commercial services, pets, and other day-to-day classifieds. This is a highly responsive website with 24/7 customer support service. You can find over 2000+ listings in all categories, including different services, education, jobs, communities, businesses, etc. For more information, you can follow Dubai Classified on social media platforms, including Facebook, Twitter, Pinterest, YouTube, and LinkedIn.https://www.dubaiclassified.com/ads/ 6. Dubai Bulletin BoardDubai Bulletin Board, which generally goes by the name Dubai BB, is a great, trusted, and highly secure free online classified in Dubai, UAE. Whether you are new in Dubai or need a job, vehicle, or property, you no longer need to search for them here and there as long as you have a phone and internet connection. With Dubai BB, you can find everything, such as hotel accommodation, apartments in Dubai, cars, household furniture, electronic goods, mobile phones, computers, and many different services and jobs according to your need. So go and check out the official website at your early convenience.https://dubai-bb.com/ 7. Adsnity.comAdsnity.com is another free classified ad posting website for Dubai residents and offers free classified services in different countries worldwide, including Europe, America, Australia, Canada, China, Indonesia, etc. This website generates free leads and sales where you can post your ad and buy products depending on your budget, requirement, location, and other details. With this exciting website, you can buy and sell cars, autos, electronics, services, software tools, and thousands of other items. So, go and search for the item you need on Adsnity now.[Website]8. Expatriates.comWith Expatriates.com, now posting free ads and locating your necessary items, services, and properties is no longer a hassle. If you are from Dubai and searching for a free classified website that works internationally, this one is probably the best option. On this website, you can post and find items, including appliances, electronic goods, books, furniture, bicycles, jewelry, phones, music instruments, and so many other things. Additionally, it is an excellent website for all job seekers and employers. So hurry up and check out Expatriates.com soon.https://www.expatriates.com/ 9. Classified ArabiaClassified Arabia is an excellent option for all Dubai residents, where they can browse and post millions of necessary advertisements depending on their requirements and preferences. This website offers numerous categories when it comes to selling and buying products. From vehicles, real estate, and jobs to pets, accommodation, and many services, you name it and get it on Classified Arabia. It is not only Dubai’s but the world’s number one platform for classified with the maximum possibilities. So if you are interested, make sure to check out Classified Arabia ASAP![Website] 10. Wall ClassifiedsThe number ten classified website in Dubai must be Wall Classifieds, an excellent platform for posting about different services, job options, learning, items, vehicles, real estate, education, pets, and more. Wall Classifieds offers a highly responsive website for all users with different requirements. Finding the thing you are looking for is effortless with this website. All you have to do is jot down your location and the category you want to look for, and the website will open a giant collection of items within a few seconds.https://www.wallclassifieds.com/ 11. Free Ads TimeFree Ads Time is an emerging classified website in Dubai, UAE, offering users multiple classifieds and business options. Here, anyone can explore anything, including antiques, art and crafts, baby products, cameras, Christmas items, electronics, furniture, handmade items, industrial products, kitchen products, musical instruments, pets products, video games, appliances, books, cell phones, clothing, vegetables, foods, office items, luggage and bags, and many other items. So don’t forget to check out the website next time.https://www.freeadstime.org/ 12. Gigantic ListGigantic List is another trusted and favorite website in Dubai, highly known for publishing great qualified, free ads for different needs. On this website, you can buy and sell different items without any potential risk. From vehicles, real estate, and learning to community, health, and jobs, GiganticList offers everything. So, get your hands on Gigantic List’s official page to post advertisements and keep selling and buying products at a reasonable price.https://www.giganticlist.com/ 13. Find MasterOur next classifieds and business website is Find Master, which enables users to buy and sell products and services effortlessly from all over Dubai at any time. This website opens a profitable door for all sellers since they can post anything they want to sell using Find Master. Additionally, it is an excellent platform for buyers where they can find great deals on real estate, pets, new and used vehicles, home insurance, and more. So make sure to go and visit Find Master at least once for more clarity.https://www.findermaster.com/contact 14. Viva UAEViva UAE is highly known for providing high-response free classifieds and advertisements all over Dubai. The website is nicely made and specially designed for users, keeping their convenience in mind. You can find thousands of resourceful and valuable services on the website, including renovations and repairs, health and therapy, moving and transport, freelance, security, IT and telecom, classes and lessons, and more. The extra perk of this website is that it also offers the travel and tourism category and the vehicle and transport category. So, if you are looking for services and items or in search of buyers, go to the Viva UAE website for more info.https://vivauae.com/ 15. LocantoLastly, Locanto is a tremendous free classified website that mainly provides user-to-user classified ads in all major cities in Dubai. Placing an ad on Locanto works like a local newspaper, somewhere better than a newspaper. The categories you can find in Locanto are classes, community, events, for sale, personal, vehicles, jobs, real estate, and more.https://m.locanto.ae/ ConclusionThese, in short, were the top 15 classified websites in Dubai, UAE. So, if you are from Dubai, make sure to go and check out all of these websites at your early convenience and begin your journey of posting ads, selling, and buying different products, services, and other things. Make your wise choice now!

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Area Guides
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Top 15 classified websites in Dubai UAE

Jul 18, 2022

10 good reasons for businesses to migrate to Dubai

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 DubaiDespite 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 LocationA 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 BusinessesInterestingly, 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 taxValue-added TaxCapital gains taxCorporate TaxWithholding Tax 4. A Safe Place to Live and WorkEntrepreneurs 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 PermitA 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 CareHealthcare 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 fullRemittances 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 InfrastructureThe 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 reachMicrosoft, 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 standardsFinally, 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 LineWhile 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.   

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Investment
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10 good reasons for businesses to migrate to Dubai

Jun 06, 2022