Best Offices for Sale in Dubai
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The Most Popular Areas to Buy Offices in Dubai
In addition to its dynamic real estate market, Dubai is a major business hub in the GCC region. Acquiring an office in this city will surely help your business expand and reach new heights. Here are the most notable areas to buy offices in Dubai:
- Business Bay: It is a central business district with many premium office towers.
- Downtown Dubai: It provides you with a prestigious address near Burj Khalifa and Dubai Mall.
- Dubai Marina: As a prime waterfront location, it appeals to high-end businesses.
- Jumeirah Lake Towers (JLT): This freehold community is both affordable and offers lake views.
- DIFC (Dubai International Financial Centre): It is a financial hub with tax-free incentives for businesses.
- Sheikh Zayed Road: This area enjoys a strategic location with direct access to metros and highways.
- Dubai Hills Estate: This is an emerging business hub with modern office spaces.
- Al Barsha & TECOM (Barsha Heights): This neighborhood offers budget-friendly offices with high connectivity.
Types of Offices Available for Sale in Dubai
There are various types of office space for sale in Dubai and your choice will depend on your business needs, budget, and investment goals. Below are the most common types of offices you can consider:
Shell and Core Offices:
These are completely bare office space with no interior finishes, partitions, or ceilings. You can thus fully customize them based on business needs.
Ready-to-Move Offices:
These offices are equipped with flooring, ceilings, lighting, and partitions. So they require minimal modifications before moving in.
Furnished Offices:
These are fully furnished with desks, chairs, meeting rooms, and IT setup, making them the ideal solution for businesses that need to start operations immediately.
Serviced Offices:
These managed office spaces are equipped with reception, admin support, IT services, and utilities included. You can usually find them in business centers and shared buildings.
Co-Working Spaces:
These shared office spaces provide a professional environment with networking opportunities. They offer flexible lease terms as well as access to shared amenities.
Virtual Offices:
If you do not need a physical office, these virtual offices provide a business address, phone answering service, and mail handling.
High-Rise Corporate Offices:
These offices are usually located in premium towers like Burj Khalifa, DIFC, One JLT, and The Opus; and come with high-end amenities and panoramic views.
Benefits of Purchasing an Office in Dubai
Dubai offers businesses many advantages making it a great city to purchase an office space. These advantages range from 100% ownership, to high ROIs, low or no taxes, great economy, premium infrastructure, and UAE residency.
- 100% business ownership in Freehold areas and Free Zones for foreigners without the need for a local sponsor.
- High Return on Investment (ROI) ranging from 6-10% which is higher than many global business hubs; as well as capital appreciation for office spaces in prime areas such as Business Bay, Downtown Dubai, and DIFC.
- No property tax, 0% personal income tax, 9% corporate tax, and low business costs.
- Stable and growing market rich in international companies and startups, with premium infrastructure, metro, airports, and business hubs.
- Residency when buying property worth AED 750,000+ as well as easy business licensing and setup in major free zones.
Why Buy an Office from Driven Properties
With a wealth of experience, a highly qualified team, and an expansive network of connections among developers; Driven Properties is your ideal partner who helps you scour the real estate market of Dubai and find the office that meets your business needs. We will also streamline the process of acquiring the paperwork, setting up the sales contract, and finalizing the legal procedures until transfer of ownership.
How To Buy Office in Dubai
The process of buying an office in Dubai is similar to that of buying any real estate property. First, you will need to decide on the property you wish to buy. You can browse listing websites, talk to real estate agents, or even visit the property yourself. Then, you need to draw up a purchase agreement and iron out all the important details. After acquiring a “no objection certificate” from the developer, you can head to the Dubai Land Department to finalize the paperwork and transfer ownership.
Investing in Off-Plan Offices in Dubai
Investing in off-plan offices in Dubai can offer attractive returns. These yields will surely depend on multiple factors such as location, developer reputation, and market conditions. While specific data on off-plan offices is limited, the rental yields for prime off-plan areas range between 7-10%. Off-plan properties also provide high capital appreciation upon project completion.
Key Factors to Consider When Choosing an Office Space
Just like any other purchase, when buying an office space, you need to consider a few factors to ensure it aligns with your business goals, budget, and long-term needs. Location and accessibility are very important factors so you remain close to your clients or enjoy great visibility should you need it. Look for a location that has parking spaces, metro stations, and bus stations. Take into consideration your finances also such as how much you can pay for the office space and don’t forget to account for any fees and services charges. The layout of the office is very important, make sure it’s big enough to meet your business needs. Amenities, services, and infrastructure are equally important factors to think of.
Cost of Offices in Dubai
The price of offices in Dubai depends on the location, the size of the office, its layout, the services and amenities it comes with. Below, we have curated some locations along with their average prices and sizes:
Location | Average Price (AED) | Price per Sq. Ft. (AED) |
Business Bay | 1,786,000 | 1,609 |
Jumeirah Lake Towers | 1,685,000 | 1,326 |
Dubai Silicon Oasis | 847,000 | 704 |
Downtown Dubai | 19,018,000 | 4,792 |
Barsha Heights (Tecom) | 1,934,000 | 1,356 |
ROI for Offices for Sale in Dubai
Investing in offices for sale in Dubai can yield attractive returns (ROI), especially that general commercial properties promise returns of up to 11.1%. Keep in mind that ROI is influenced by many factors such as location, property type, and market dynamics.
Costs Associated with Buying an Office in Dubai
FAQs:
1. How can I open an office in Dubai?
Cost Category | Description | Amount (AED) |
Dubai Land Department (DLD) Fees | Transfer Fee | 4% of property price |
- | Administration Fee | AED 580 (apartments/offices), AED 430 (land), AED 40 (off-plan) |
Property Registration Fees | Below AED 500,000 | AED 2,000 + 5% VAT |
Mortgage Registration Fees | Mortgage Registration Fee | 0.25% of loan amount + AED 290 |
Agency/Brokerage Fees | Commission | 2% of property price + 5% VAT |
Mortgage-Related Costs | Mortgage Arrangement Fee | 1% of loan amount + 5% VAT |
- | Property Valuation Fee | AED 2,500 – AED 3,500 + 5% VAT |
No Objection Certificate (NOC) Fee | Required for a property with an existing mortgage | AED 500 – AED 5,000 |
DEWA Connection Fees | Electricity & Water Setup | AED 2,000 (apartments), AED 4,000 (villas) |
Home Insurance | Annual Premium | 0.5% – 1% of property value |
Service & Maintenance Fees | Annual Charges | Varies by property size & location |
Registration Trustee Fees | Transactions below AED 500,000 | AED 2,100 (incl. VAT) |
- | Transactions above AED 500,000 | AED 4,200 (incl. VAT) |
Conveyancing Fees | Legal Processing Fees | AED 6,000 – AED 10,000 |
You need to register your business with Dubai Economy (DED) for mainland offices or a free zone authority for free zone offices, then lease or buy office space based on your business needs.
2. How much does it cost to open an office in Dubai?
The cost varies by location and office type but typically ranges from AED 50,000 to AED 500,000+, including rent, licenses, and setup costs.
3. Is buying office space in Dubai a smart investment?
Yes, Dubai offers high ROI (6-10%), strong capital appreciation, and tax-free property ownership for businesses.
4. Is it better to rent or buy an office space in Dubai?
Buying is ideal for long-term investment and stability while renting provides flexibility and lower upfront costs.
5. Can expats buy office space in Dubai?
Yes, expats can buy commercial property in freehold areas with 100% ownership, and without restrictions or the need for a sponsor.
6. What are the best areas in Dubai to purchase office space?
Top locations include Business Bay, Downtown Dubai, DIFC, JLT, and Dubai Silicon Oasis, depending on budget and industry.
7. Can I open a company while working in Dubai?
Yes, but you may need your employer’s approval or a business license that allows dual employment.