Why is the Commercial Market filled with excitement?
Dubai's commercial property market is being filled with excitement, offering a golden ticket for those with an eye for good investment in properties. Some Professionals are looking into: bustling shopping centers, sleek office spaces, and luxurious mixed-use areas, all witnessing a rapid increase in demand that in some areas the demand is more than the supply. It is a place for the top investors, where the prices of properties and the returns on rentals are also going very high.
Yet, here is something to look for: getting a better investment option is like finding a needle in a grass field. Some Prime locations like Business Bay and Downtown Dubai, are almost fully packed, with more than 95% occupancy. The race is on to get areas as thousands of new companies come to Dubai each month, eager to start something in Dubai. This surge has led to commercial lease costs rising by up to 300% in certain areas in just a few years, which shows that the market in Dubai is very attractive for investment.