Dubai is one of the world’s best and most sought-after cities to live, work, and play in. As a result, the real estate market in Dubai has been thriving with various properties available for sale.
One type of property that attracts investors and business owners alike is offices for sale. With an increasing number of local and international businesses setting up their operations in Dubai, there is a high demand for office for sale in Dubai. But how much do these offices typically cost?
Prime locations and their prices:
Downtown Dubai:
Downtown Dubai is one of the most sought-after areas for businesses. Offices here are located in high-end commercial towers, offering premium facilities. Prices typically range from AED 1,500 to AED 3,500 per square foot, depending on the building and view.
Business Bay:
Business Bay is a popular commercial district with modern office spaces. It provides a variety of options, from smaller offices to full-floor units. Prices in this area range from AED 800 to AED 2,500 per square foot, making it a preferred choice for many businesses.
Jumeirah Lake Towers (JLT):
JLT is known for its freehold office spaces, making it attractive for investors and business owners. The prices here are more competitive, ranging from AED 600 to AED 1,500 per square foot, depending on the tower and facilities.
Dubai Marina:
Dubai Marina has commercial spaces with waterfront views and easy access to public transport. Offices in this area are priced between AED 1,000 and AED 2,000 per square foot, with premium spaces costing more.
Sheikh Zayed Road:
Sheikh Zayed Road has many commercial buildings with office spaces at various price points. Prices generally range from AED 900 to AED 2,200 per square foot, depending on the location and building type.
Factors affecting office prices:
Location and demand: Offices in central business districts or near metro stations tend to cost more due to high demand. Areas with more availability may have lower prices.
Building quality and facilities: Premium office towers with modern interiors, parking, and business lounges usually have higher prices compared to older buildings.
Office size: Larger offices with open layouts or full-floor units have a higher total cost but may have a lower price per square foot.