Shortly, Dubai is going to become a real estate investment giant in terms of commercial prospects and opportunities provided. If you’re looking forward to maximizing your returns and want to invest in Dubai, the upcoming commercial real estate opportunities are the best choices.
In this post by Flooring Expert Dubai, we’ve summarized the 10 possible upcoming commercial real estate properties in Dubai. Dubai has always been a commercial hub for global investors regardless of their experience and Dubai’s real estate market just keeps expanding and growing.
The Opportunities For Commercial Property Investments In Dubai
The reason behind Dubai property investments in large numbers is the world-class infrastructure of Dubai. Now, Dubai has raised its standards from being a tourist picnic destination to being the most prestigious and desired city in the World.
Dubai’s Current Situation: An Economic Wonderland
In the past, Dubai has attracted tourists due to its strategic location and infrastructure. Now, it has emerged as a booming economy due to strong economic policies, constant influx of foreign investment, and a stable political environment. Speaking of the current property valuation and commercial real estate situation, Dubai is on the rise of being listed among the World’s top economy giants.
In recent years, there has been a significant infrastructure development and investors have utilized this opportunity to cash their coins. Starting from Dubai Expo 2020, the city has organized various mega events including Cityscape Global, Dubai Property Festival, etc. There are numerous initiatives taken by the Dubai government leading to international conferences and real estate events.
Having that said, one can imagine that investing in commercial real estate in Dubai is not going to be a confusing decision for business owners and mega entrepreneurs. Let’s take a look at the 10 most prestigious and valuable commercial property areas in Dubai that can be idealized for a large-scale investment.
Commercial Real Estate Properties In Dubai: What Are They?
In Dubai, commercial real estate properties include offices, retail properties, industrial investment hubs, logistics and warehouses, etc. The demand for commercial offices with co-working environments has increased in Dubai and there’s a diverse range of possibilities from luxury skyscrapers to economical spaces in business parks and whatnot.
Similarly, investors are particularly interested in retail properties in Dubai due to high return on investment (ROI) rates and little to no risk at all. And, there are prominent shopping locations in Dubai including The Dubai Mall, Mall of the Emirates, City Walk, etc.
The industrial growth in Dubai has also been significant over the past couple of years and investors are eyeing warehouses, manufacturing units, and distribution centers in different locations. Particularly, the Jebel Ali Free Zone and Dubai South are the prime locations for industrial setup and logistics in Dubai.
1. Downtown Dubai
Among the most profitable investment opportunities in Dubai commercial property locations is Downtown Dubai. This location attracts visitors and tourists due to its luxury lifestyle. But, that’s not just it. The state-of-the-art infrastructure, stunning architecture, and strategic location all combine to make Downtown Dubai what it is!
It comprises a broad spectrum of mixed-use properties with a major share of commercial properties and significant residential landscapes. For investors, this location is a potentially lucrative opportunity due to various reasons including rental yields, high capital appreciation, and steady property demands.
2. Dubai Marina
The waterfront location of Dubai Marina is its highlighting feature. There is a mix of residential and commercial properties in this location of Dubai. Investors see this location as a potential opportunity for numerous reasons i.e. Luxe lifestyle, excellent facilities available, and most of all a vibrant nightlife.
3. Palm Jumeirah
The most renowned and iconic Palm Jumeirah Island is at a strategic location with luxury Villas, apartments, and hotels. It’s an ideal location for investment on a large scale and therefore, mega investors are potentially interested in investing and adding more to their wealth. Due to delightful waterfront views, this island promises strong rental yields and capital appreciation.
4. Business Bay
Located right next to Downtown Dubai, the Business Bay houses high-rise office buildings, luxurious apartments, state-of-the-art hotels, and whatnot. For investment in commercial and retail properties, there’s no better option than Business Bay due to its prime location and excellent connectivity to the other parts of the UAE.
5. Jumeirah Beach Residence
A blend of residential apartments and commercial spaces with a popular beachfront community is what Jumeirah Beach Residence is all about. The main highlight of this community is the beach lifestyle and that’s the prime reason for attracting visitors. Investors seeking high rental demands and significant capital growth are eyeing up this location.
6. Arabian Ranches
There is a vast investment potential in this family-friendly gated community due to luxurious villas and townhouses. It’s at the top of family residence communities in Dubai due to its verdant landscapes, high-end services, and excellent schools. It’s an ideal opportunity for investors seeking long-term rental income and gradual capital growth.
7. Jumeirah Village Circle
With affordable apartments, villas, and townhomes available, Jumeirah Village Circle is still a growing community but at a much faster pace. It’s the affordability that attracts visitors in abundance and therefore, investors have realized the economic potential of this location in Dubai.
8. Dubai Hills Estate
This location or community in Dubai is an embodiment of a master-plan landscape development. Dubai Hills Estate is an opportunity for investors with long-term growth goals.
9. Bluewaters Island
It’s a mixed-use development in Dubai with residential, commercial, and retail businesses all booming in this location. It’s located near famous landmarks and citations and features stunning water views, thus the name Bluewater Island. Investors can expect strong rental demands and gradual capital appreciation due to the strategic location of this island.
10. Meydan City
It’s an emerging development with immense growth potential due to a focus on sustainable lifestyle and community development. There are numerous residential, commercial, and green properties available for investment in this location. It’s an ideal opportunity for future investors in Dubai.
The Conclusion
Dubai is a commercial and business hub and therefore, provides numerous opportunities for local and international investors. In this post, we’ve summarized top 10 commercial real estate opportunities in Dubai to help you have a better idea and understanding of current and upcoming economic situations in Dubai.