Dubai’s real estate market is booming, especially in the commercial sector. If you’re looking to open a retail store in Dubai, choosing the right real estate agency can make all the difference. In this article, we’ll take a closer look at the top 5 commercial real estate agencies in Dubai that specialize in retail properties.
Thank you for reading this post, don't forget to subscribe!These agencies know Dubai’s retail market inside and out, ensuring that your business finds the perfect location.
Why Choosing the Right Real Estate Agency Matters
When it comes to commercial retail space, location is everything. A real estate agency that specializes in retail spaces understands the nuances of the market, from foot traffic to lease terms. These agencies provide valuable insights that can save you time and money, helping you secure the best retail property for your business.
What Should You Look for in a Commercial Real Estate Agency?
- Expertise in retail properties
- Local market knowledge
- Access to exclusive listings
- Strong network with developers and property owners
- Guidance on pricing, negotiations, and lease terms
Let’s dive into the top agencies that can help you find your ideal retail space in Dubai.
1. Betterhomes – Leading Dubai Real Estate Agency
Key Features
- Specializes in commercial and retail properties across Dubai
- Offers personalized services to match your specific business needs
- Extensive network of property owners and developers
Advantages
Betterhomes is one of the oldest and most well-established agencies in Dubai. They have a wide range of retail properties that cater to both luxury brands and local businesses. With a dedicated team of experts, Betterhomes will ensure your store location is perfect for your target customers.
Pricing
Betterhomes offers competitive pricing for retail properties in prime locations like Downtown Dubai, Dubai Marina, and Sheikh Zayed Road. Prices for retail spaces typically range from AED 150 to AED 350 per sqft.
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2. JLL (Jones Lang Lasalle) – Global Commercial Real Estate Leaders
What Makes JLL Special?
- Global expertise combined with local market knowledge
- Specializes in both leasing and buying commercial properties
- Provides market research and insights into trends and opportunities
Why Choose JLL?
JLL is known for its deep understanding of the Dubai retail market, offering both international and local brands a chance to secure prime retail spaces. They also help businesses navigate Dubai’s commercial leasing laws and offer post-sale services, making the process smoother.
Pricing
Retail space prices vary depending on location and size, but typically range from AED 175 to AED 400 per sqft.
3. Prime Places – Specialized in Retail & Commercial Leasing
Features
- Focuses on retail and commercial leasing
- Provides detailed market analysis and location recommendations
- Works with both new businesses and established brands
Advantages
Prime Places specializes in high-traffic retail areas and understands the unique needs of small businesses looking to expand in Dubai. They offer flexible leasing options and can guide you through the process of setting up a new store in some of Dubai’s most desirable locations.
Pricing
Retail properties from Prime Places start at AED 120 per sqft/year, making them a great option for those looking for more affordable options in locations like Al Wasl Road and Deira.
4. Engel & Völkers – High-End Retail Properties
Key Features
- Focuses on premium retail spaces and luxury brands
- Extensive experience working with international clients
- Offers in-depth market research and investment opportunities
Advantages
If you’re looking for a luxury retail space in areas like City Walk or Dubai Mall, Engel & Völkers should be your first choice. They offer exclusive listings that cater to the high-end retail market, making them perfect for businesses that want to make a statement.
Pricing
Engel & Völkers deals with high-end properties, and rental prices for retail spaces typically start from AED 250 per sqft/year.
5. Bayut – A Trusted Name in Dubai Real Estate
Features
- Offers a wide selection of retail spaces for lease and sale
- Provides detailed property insights and comparison tools
- Strong customer service with dedicated agents
Advantages
Bayut is a leading real estate platform in Dubai, providing easy access to a wide variety of commercial properties, from smaller retail shops to large showrooms. They also allow you to compare properties and view listings online, making the search process simple and quick.
Pricing
Bayut offers competitive pricing for retail spaces in locations like Jumeirah, Al Barsha, and Business Bay. Prices range from AED 100 to AED 200 per sqft.
How These Agencies Differ from Others
What sets these top commercial real estate agencies apart is their expertise in the retail sector. Unlike general agencies, these companies have direct access to retail spaces and know what works best for your type of business. They also offer personalized services, such as market analysis, lease negotiation, and space optimization.
Customer Feedback
“Betterhomes helped us find the perfect location for our store in Downtown Dubai. Their knowledge of the market and great customer service made the whole process easy.” – Sarah L., Retailer
“JLL’s team helped us secure a prime location on Sheikh Zayed Road. Their global experience really made a difference.” – Mark T., Luxury Brand Owner
“Prime Places understood the importance of our small business’s needs and helped us secure an affordable retail space with excellent foot traffic.” – Anna K., Entrepreneur
My Opinion
As someone who has spent a lot of time researching and reviewing the commercial real estate market in Dubai, I can confidently say that these agencies stand out for their customer service, market knowledge, and access to prime retail locations. Whether you’re a luxury brand or a local startup, working with the right agency can set your business up for success in Dubai.
Conclusion
If you’re considering opening a retail shop in Dubai, these top 5 real estate agencies are your best bet. They offer unmatched expertise in the commercial market and can help you find a location that aligns with your business goals.
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