Business

Office space in Dubai @very prime location

Office Space in Dubai

If you’re looking for an office space in Dubai, you’re in luck! With its thriving economy and advantageous location, Dubai has become a hub for global businesses. Whether you’re looking for a modern high-rise in the downtown area or a more budget-friendly option in the suburbs, you’ll find a variety of options to suit your needs. These offices are equipped with the latest technology, amenities, and leasing options to meet your needs. Whether you’re a startup looking for a co-working space or a multinational company looking for a corporate office, Dubai has the perfect office space for you.

How much does office cost in Dubai?

The cost of office space in Dubai can vary depending on various factors. These factors include the location, size of the office, amenities provided, and the type of building. Generally, office spaces in prime locations such as the Dubai International Financial Centre (DIFC) or Business Bay tend to be more expensive. On average, the cost of office space in Dubai ranges from AED 100 to AED 400 per square foot per year. However, it is important to note that these prices are subject to change and may vary depending on the current real estate market conditions.

Applying for Office Space for Dubai Start-Ups

With the relevant permissions to hand, it’s now time to approach a commercial real estate agent. To be able to rent an office, you may be required to provide certain proofs and documents:

  • You will need to prove that you can legally run a business
  • You will need a business plan to prove your intentions
  • You will need to be able to pay a security or upfront deposit
  • You will need to agree to a term or contract at short notice

Buying an office is slightly different; however, an agent will still need confidence in you. Regardless of whether you rent or buy, you should prove that you can finance the office and that you are legally allowed to operate in Dubai. That may mean sourcing many documents. However, a commercial agent will be able to let you know what they require, and when. Always be ready to have a paper trail or portfolio to back you up.

OfficLocanto Teche Space Options

If you choose to rent or lease an office space instead of buying outright, there are more choices to consider. These choices may be based on cost, the amount of space you need, or even on the location. You can choose to rent or buy an office outright; however, both serviced offices and co-working spaces are becoming more and more popular. Let’s take a closer look at why, and whether or not they might be viable solutions for your business. Also, keep in mind that most offices will require considerable fit-out costs which could mean that serviced offices and co-working spaces may be the ideal short-term solution for some start-ups.

What Are Serviced Offices? Serviced offices can help businesses hit the ground running. If you run a small business in Dubai, you may not yet have all the resources or staff to handle your operations. Serviced offices take care of this for you. A serviced office is one which you can rent with certain add-ons attached. For example, you may need to hire a temporary receptionist. You may need an in-house IT team to help you get started. You may need a cleaning team to keep things looking great. Companies such as Regus and Serv Corp offer serviced office opportunities across the city other options include The Office Providers. Office servicing is a fantastic option for start-ups. It means that they can focus on getting their firms up and running while still making an income. However, service add-ons will cost additional money. It may not be financially viable for everyone.

What Are Co-Working Spaces?

Co-working spaces can be the most cost-effective solution for small businesses in Dubai and elsewhere. These are cozier offices which allow for closer collaboration. They are usually large open plan spaces with kitchens, desks, meeting rooms, and quiet rooms all in one place. The only downside is that you are sharing with other businesses and therefore you won’t have your dedicated desk. On the plus side, it can also help businesses who need to collaborate regularly on projects. Rather than rent large spaces and extra rooms, it may make sense for small firms to co-work instead. However, your choice will depend on your needs and long-term plans.

You’ll be able to find co-working space with NEST, which operates within a popular hotel in Barsha Heights. It’s also worth consulting with them to see what may be available. Another option could be the Co-Working Popup which also offers what they refer to as an ‘incubator’ or co-working space based in downtown Dubai. Many co-working spaces also allow you to operate on a pay-as-you-go basis so you would not need to pay a deposit and you may not even need to pay for a full month if you want more flexibility.

Choose what’s best for you

There has never been a better time to start a business in Dubai. It is on the cusp of being one of the biggest trading centers globally. For many firms, it’s a chance to get up close and personal with lucrative clients and big contracts as well as being a fantastic place to grow. Small businesses in Dubai can rent or buy office spaces across the region. However, the right office space options for you may vary. Discuss options with an agent, and always make sure you have the correct documentation on hand.

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