Telephone Numbers
Telephone Numbers
Shop Rents in Dubai
For detailed information +90 542 381 3868 'Call.
The Dubai Mall and Major Shopping Centers: The Dubai Mall is famously one of the largest shopping centers in the world, making a retail space here highly sought-after. It's an especially attractive hub for businesses in the retail sector. Other popular malls that draw significant foot traffic include the Mall of the Emirates, Dubai Marina Mall, and Ibn Battuta Mall.
Jumeirah Beach Road and Dubai Marina: As premier luxury and tourist destinations, Jumeirah Beach Road and Dubai Marina are popular choices for restaurants, cafes, boutiques, and other retail ventures. Situated along the coast, these areas attract a vibrant mix of tourists and local residents.
Sheikh Zayed Road and Business Hubs: Known as the financial and commercial heart of Dubai, Sheikh Zayed Road is an ideal location for a multitude of businesses. Renting a shop here is particularly advantageous for enterprises that cater to office workers and business visitors.
The cost of renting a shop in Dubai varies based on several key factors. These include the specific location, the size of the shop, its quality, the volume of foot traffic, neighboring businesses, and current market conditions. For instance, the rent for a shop within a major mall will naturally be higher than for a similar-sized space in a more suburban area. The size of the shop and the level of competition in the immediate vicinity can also significantly impact Dubai shop rental prices.
Renting a shop in Dubai involves several steps, including adhering to local regulations, conducting thorough market research, and negotiating lease agreements. For this reason, it's highly recommended to seek support from professional real estate consultants, such as the team at World Company Setup. These advisors help clients understand the local market to find the most suitable shop. They also provide guidance on negotiating lease contracts and ensuring the tenant's interests are protected. Ultimately, managing the process with professional support for Dubai shop rentals can lead to a more efficient and successful outcome.
The rental rates for retail spaces in Dubai can vary widely depending on factors like location, size, and business type. However, the following provides a general guideline of approximate annual rental price ranges:
Small Kiosks: AED 1,000 to AED 3,000 per square meter, annually
Mid-Sized Stores: AED 2,000 to AED 4,000 per square meter, annually
Large Flagship Stores: AED 4,000 to AED 5,000 per square meter, annually
The Dubai Mall: Located in the heart of Downtown Dubai, The Dubai Mall is the world's largest shopping center. It features over 1,200 retail stores, including designer boutiques, department stores, and luxury brands. Annual rental prices for retail space in The Dubai Mall can range from AED 3,000 to AED 10,000 per square meter.
Mall of the Emirates: This shopping center is another top-tier destination in Dubai for those looking to rent retail space. It is home to over 600 stores, featuring a mix of international brands and local boutiques. Rental prices at the Mall of the Emirates can range from AED 1,500 to AED 6,000 per square meter, annually.
City Walk: This open-air shopping destination in Jumeirah is perfect for those seeking a more relaxed shopping atmosphere. It has a mix of high-end and mid-range stores, as well as numerous dining and entertainment options. The rental price for a retail space in City Walk typically ranges from AED 1,200 to AED 2,500 per square meter per year.
The Walk at JBR: Located in Jumeirah Beach Residence (JBR), The Walk is a popular shopping and dining promenade that offers a lively and bustling atmosphere. It hosts a variety of stores, from high-end brands to local boutiques. The rental price for a retail space at The Walk can range from AED 1,000 to AED 3,500 per square meter, annually.
Souks: Dubai is also famous for its traditional markets, or souks, such as the Gold Souk and the Spice Souk. These markets offer a unique shopping experience and are an excellent option for those looking to rent a smaller retail space. Rental prices in the souks can range from AED 500 to AED 1,500 per square meter per year.
Dubai is known as one of the most important trade centres in the Middle East. The city is characterised by high income levels, a large consumer base and a vibrant international trade hub. It has also become an attractive destination for many companies and entrepreneurs. Renting a shop in Dubai is an important step for businesses. However, this requires careful consideration of Dubai's shop rental prices and the local business environment's dynamics and shop rental trends.
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