Debutants’ guide on the commercial real estate scene in Dubai.
For entrepreneurs in Dubai,
being accurately positioned is of prime importance. The office locality sets
the tone of conduct not only within the organisation but also with
collaborators, partners, and other joint avenues for business and trade. The recent
increase in the commercial activities in Dubai, the latest being EXPO 2020, has
seen a steep ascension in the demand for commercial properties. It is noticed
that entrepreneurs setting up their first-time business in Dubai often prefer
renting out spaces instead of buying them, especially in the company’s nascent
stages. With a plethora of Commercial Real Estate Companies in Dubai, it
becomes increasingly essential for first-time renters to seek the assistance of
formally registered, knowledgeable, and experienced real estate agents.
While you type ‘commercial
real estate agents near me’ in your browser, we have enlisted this article
with a few guidelines that will assist you in reaching out to reliable Commercial
Real Estate Companies.
As a renter, you must be aware
that there are various types of commercial licenses available for those running
an organisation/business in Dubai. Based on the license, you will need to
classify which areas are suitable for renting an office space in Dubai.
Reach out to Commercial Real
Estate Companies. If you are willing to rent an office in Dubai, it’s
crucial to seek advice from a real estate agent. Considering the legalese
associated with renting commercial properties in Dubai, it is important to work
with real estate agents from reputed and recognised Commercial Real Estate Companies
so that you are guided with the right advice when renting a commercial
space in Dubai.
In Dubai, all real estate
transactions, including commercial, are regulated by Ejari; therefore, it is
important to ensure all the terms and conditions are specified in the contract
to circumvent future disputes. It’s therefore imperative that all
documentations are in order, including proof of ownership, the status of the
commercial space, agreement of the premises with existent plans, availability
of sanctions to utilise the premises, etc.
While you reach out to Commercial
Real Estate Companies, one must ensure that it sits perfectly within your
budget. You must consider the deposit amount and/or any additional hidden costs
whilst finalising a space.
Make The Right Arrangements On
Signing the Lease
After signing the rental lease,
you must monitor the electricity and water connection with DEWA, insure the
contents of property against damage as well as completion of arrangements for
the interior decor of your office space. IN case you do not rent a fitted
property i.e. a shell and core property with no furniture or fittings, you will
need to factor in a specialist to take care of the office space
Finding the perfect location
for your office, warehouse or store sets a successful tone for your venture.
Make sure you reach out to the right Commercial Real Estate Companies like
JNM Specialists - Real Experts for Real Estate!
Specialists would be happy to help you out regarding all your commercial real
estate queries! For a detailed guided understanding, reach out to us at https://jnmspecialists.com/