Top areas for buying and renting offices in Dubai
Looking to set up your business in Dubai or have you been tasked to find a suitable place for the opening a new branch for your company? Read on as we bring you the list of most popular areas for buying and renting offices in Dubai and present the average rents and sale prices.
POPULAR AREAS FOR BUYING AND RENTING OFFICES IN DUBAI
Dubai is home to some of the top conglomerates in the world. At the same time, many small businesses have found success here. As Dubai has developed over the years, developers have focused on providing different type of office spaces as per the needs of businesses. Here, we discuss the top communities to rent offices in Dubai, as well as areas where you can buy offices.
TOP NEIGHBOURHOODS TO BUY OFFICES IN DUBAI
In search for the perfect space for your business? Check out this list of areas for buying offices in Dubai which have proven to be very popular amongst corporates in Dubai.
Area | Average Rent |
---|---|
Area Business Bay | Average Rent AED 1,786,000 |
Area Jumeirah Lake Towers (JLT) | Average Rent AED 1,685,000 |
Area Dubai Silicon Oasis (DSO) | Average Rent AED 847,000 |
Area Downtown Dubai | Average Rent AED 19,018,000 |
Area Barsha Heights (Tecom) | Average Rent AED 1,934,000 |
BUSINESS BAY
We start our list of areas for buying offices in Dubai with Business Bay. It hosts offices from companies across the world. Its location, with quick access to Sheikh Zayed Road (E11) and Al Khail Road (E44), and proximity to commercial and regional hubs, are some of the reasons for its popularity. In addition, from buses to Dubai Metro, it is well-connected via public transport as well.
- The average price for an office for sale in Business Bay is AED 1.7M, with a per square foot price of AED 1,609.
JUMEIRAH LAKE TOWER
Jumeirah Lake Tower is another locality you can consider. One of the free trade zones in Dubai, many businesses open up shop here to take advantage of the tax exemptions. With quick access to Sheikh Zayed Road (E11) and First Al Khail Street (D86), commute to the rest of Dubai isn’t too much of a hassle. Moreover, one can travel via taxis, buses or Dubai Metro.
- An office for sale in JLT goes for an average cost of AED 1.6M. Whereas, the price per square foot is AED 1,326.
DUBAI SILICON OASIS (DSO)
DSO is also a free trade zone and home to a technology park, hence its popularity amongst businesses comes as no surprise. Dubai Silicon Oasis is a mixed used area with residential towers, gated communities and office buildings. In terms of connectivity, residents and visitors travel via Dubai-Al Ain Road (E66) and Sheikh Mohammed Bin Zayed Road (E311).
- Planning to buy an office in DSO? You can budget for AED 847k on average and AED 704 as the price per square foot.
DOWNTOWN DUBAI
Perhaps one of the most famous districts in the world, next we discuss Downtown Dubai. With numerous skyscrapers, including the tallest building in the world, having an office in this area brings prestige to the company. It is the central hub in the emirate, with all facilities readily available. There is an ever-growing demand for offices in the locality, which reflects in the average asking price as well.
- The average cost of an office in Downtown Dubai is AED 19M and the price square foot price stands at AED 4,792.
BARSHA HEIGHTS
Rounding off our list of top neighbourhoods to buy offices in Dubai, is Barsha Heights. Previously known as Tecom, this area is well connected with access to Sheikh Zayed Road (E11), Al Khail Road (E44), Jebel Ali Racecourse Road and First Al Khail Street. There are dedicated commercial towers which provide office space for different types of businesses.
- To buy an office in Barsha Heights, you will need to pay an average price of AED 1.9M as the price per square foot stands at AED 1,356.
TOP COMMUNITIES TO RENT OFFICES IN DUBAI
Looking for commercial offices in Dubai? You can start your search from these areas.
Area | Average Rent |
---|---|
Area Business Bay | Average Rent AED 141,000 |
Area Deira | Average Rent AED 20,000 |
Area Jumeirah Lake Towers (JLT) | Average Rent AED 150,000 |
Area Sheikh Zayed Road | Average Rent AED 99,000 |
Area Bur Dubai | Average Rent AED 18,000 |
BUSINESS BAY
Business Bay is one of the top areas for buying and renting offices in Dubai.
- To rent an office in Business Bay, you can plan an average budget of AED 141k and AED 180 as the price per square foot.
DEIRA
Next up, we look at the popular and historic area of Deira. A major plus is its location, with the Dubai International Airport, Downtown Dubai, Dubai Marina and Palm Jumeirah all a short drive away. Similarly, public transport is also readily available in the area. The locality has been the home to government offices and some of the companies that have operated in the emirate for decades.
If you are considering areas for buying and renting offices in Dubai at an economical rate, Deira should be on your list.
- To rent an office in Deira, your average investment would be AED 20k, with the per square foot price of AED 81.
JUMEIRAH LAKE TOWER
JLT also features on the list of popular areas for buying and renting offices in Dubai.
- Offices for rent in JLT average at AED 150k with the price per square foot AED 129.
SHEIKH ZAYED ROAD
One of the main highways of the country which connects all seven emirates, Sheikh Zayed Road is another popular area to rent offices in Dubai. You can find luxurious and stylish offices in skyscrapers on the highway. An office here would be ideal especially for companies where staff has to frequent between different emirates.
- Wish to rent an office on the Sheikh Zayed Road? The average price is AED 99k and the price per square foot is AED 147.
BUR DUBAI
Another historic locality, Bur Dubai concludes our list of areas to search for commercial offices for rent in Dubai. The official residence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and the Ruler of Dubai, is in this area. It is a bustling economic hub with a host of markets and commercial buildings.
- Bur Dubai rental offices average at AED 18k with the price per square foot at AED 74.
FAQS
WHICH ARE THE MOST POPULAR AREAS TO RENT OFFICES IN ABU DHABI?
Here is a list of popular areas to rent an office in Abu Dhabi.
WHAT DO I NEED TO CONSIDER WHEN RENTING COMMERCIAL PROPERTIES?
Read our guide on renting commercial spaces in Dubai to prepare yourself for the search.
WHICH IS THE BEST AREA TO RENT A WAREHOUSE IN DUBAI?
Check out our list of the most in-demand areas with warehouses in Dubai.
That concludes our list of areas for buying and renting offices in Dubai. You can find large spaces with exquisite design and smaller minimalistic offices. It all depends on your requirements.
For more information, you can check out Bayut’s Dubai Transactions page. It offers a detailed index of real estate transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.