Executive suites are particularly popular for companies looking to branch out in Dubai.
They require minimum investment and most serviced office operators can help business owners with the company set-up (and obtaining the all-important trade licence).
The occupancy in the traditional office market is low, as most of the offices on offer are very large and require a long and costly fit-out (typically Shell and Core offices).
Traditional office spaces are owned by locals who are not willing to partition spaces to accommodate smaller needs.
Executive suites are usually of a very high standard and offer access to landmark buildings without the need for a large initial investment.
For customers looking for office space in Dubai, their most important considerations are location, quality and cost. Our local area expert, Weweck Kakker, recommends the JLT or Dubai Marina for businesses looking to establish themselves in Dubai, depending on their choice of licence (Freezone in JLT, LLC in Dubai Marina).
This is because these areas are close together, and are also close to the Jumeriah residences and other residential areas where employees and expatriates live.
They are well-served by roads and public transport, and don't require you to travel around Sheikh Zayed Road, which can become very congested.
The average cost for a 200 sq. ft., three-person executive suite ranges from Dhs 1,500 – 6,500 per person, per month, according to location and requirements.
This covers amenities, which can include Internet, meeting rooms, AV equipment, parking, reception services, lounges and kitchen facilities.
The minimum size of office required by the Dubai Economic Department to issue a new trade licence (mandatory to trade in the country) is 200 sq. ft.
With Dubai being awarded the organization of the World Expo in 2020 (known as Dubai 2020), current commercial developments will continue and the market will grow.
JLT and Business Bay are still being developed, and Dubai World Airport is also being expanded.
Instant Offices offer a variety of office solutions, and are able to accommodate most inquiries, from one person through to 100 or more, depending on the specifics.
The serviced office providers we work with can are usually happy to discuss partitioning to fit a particular requirement.
Why choose Dubai?
Basing your business in Dubai gives you access to the whole market of the Middle East.
It is one of the most westernized places in the region, and is very business-oriented. In order to trade effectively in the Middle East, it’s important to have a business location in the area, and one of the main global business hubs, Dubai is the ideal option.
Five things you probably didn't know about Dubai:
- The artificial Palm Islands are made up of enough imported sand to fill two and a half Empire State Buildings
- The Burj Khalifa can be seen from up to 95km away
- As of 2013 only 10% - 15% of the population is made up of UAE nationals
- The above ground metro system opened in 2009 consisted of 42 stations and only took 18 months to build
- Dubai Mall is the largest shopping mall in the world in terms of total area