Bayut.com: Topped by Business Bay and Jumeirah Lakes Towers

Top 10 most popular areas for buying commercial real estate in Dubai

767 dirhams per square foot, the average purchase price of an office in “Jumeirah Lakes Towers”.

From the source

A recent report by Bayut.com, a website that specializes in real estate research, showed that the top 10 areas for buying commercial real estate (offices, shops and warehouses) in Dubai are, respectively: “Business Bay”, Jumeirah Lakes Towers, International City, and “Jebel Ali”. Downtown Dubai, Dubai Marina, Meydan City, Dubai Silicon Oasis, Dubai Investments Park, Al Quoz.

"Commercial gulf"

According to the report, which "Emirates Today" reviewed its data on commercial real estate, the "Business Bay" area was among the most searched for offices and commercial stores, as "Business Bay" is an ideal destination for investors looking for offices or commercial stores, as it hosts a group of buildings. luxury business.

The average purchase price of an office in Business Bay is 900 dirhams per square foot, while the average purchase of a commercial store is 1,539 dirhams per square foot.

"Jumeirah Lakes"

In turn, the Jumeirah Lakes Towers area came in second place, with the average purchase price of an office at 767 dirhams per square foot, compared to 1,369 dirhams per square foot, the average purchase price of a commercial store.

JLT is considered one of the best areas for buying commercial real estate in Dubai, as the area includes shops and offices for sale with large spaces.

The residential and commercial towers are equipped with the best facilities and amenities, in addition to being connected to a good network of public transportation.

global city

And "International City" ranked third in the list of the most searched for offices and commercial stores, especially in the commercial stores sector.

The average purchase price of a commercial store is about 585 dirhams per square foot.

The International City is witnessing a wide and remarkable turnout by investors, and it includes a group of buildings distributed in 10 different neighborhoods: Emirati, Persian, Greek, Spanish, Moroccan, French, Italian, Russian, Chinese, British.

Mount on

As for the Jebel Ali region, it ranked fourth among the most searched on the site.

Jebel Ali area is considered one of the best areas for buying commercial real estate in Dubai, as there is the Jebel Ali Free Zone, and it also hosts Jebel Ali Port, the most important and developed port in the region.

The area is an important option for investors to buy commercial warehouses in Dubai, where warehouses are available for sale at an average price of 165 dirhams per square foot, and offices are available with an average selling price of 617 dirhams per square foot.

Downtown Dubai

The "Downtown Dubai" area ranked fifth in the list of the most searched, while the average selling price of an office is about 2,908 dirhams per square foot, and the average selling price of a commercial store is 2,119 dirhams per square foot.

There are also other areas that entered the list of the most searched for buying commercial real estate, which is Dubai Marina, where the average selling price of an office is about 1624 dirhams per square foot, and the average selling price of a commercial store is 1569 dirhams per square foot.

As for the “Meydan” city area, the average selling price of a commercial store is about 2,174 dirhams per square foot, while the average selling price of an office in “Dubai Silicon Oasis” is 404 dirhams per square foot.

For its part, Dubai Investments Park has a range of options. An office can be purchased at an average price of 393 dirhams per square foot, a shop at an average of 1208 dirhams per square foot, and a warehouse at an average price of 246 dirhams per square foot.

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