FAQ's on Leasing Commercial Property in DubaiHome > Commercial > Lease > FAQ's on Leasing Commercial Property in Dubai
Which location is ideally suited for my business?
While offices tend to be focused in locations, such as, Sheikh Zayed Road, Business Bay, and Jumeirah Lake Towers, warehouses and labour camps have been centric towards industrial locations, such as, Al Quoz and Dubai Investment Park.
How do I secure a property?
You can secure the property by paying the security deposit. That would depend upon the rental value of the property. This deposit is refundable at the end of the tenancy agreement in accordance with the terms and conditions of the tenancy contract.
What are my outgoings in addition to the rent I pay?
As a tenant, you would be required to pay for all the utilities, such as, water, electricity, air conditioning, telephone, Internet, etc, unless specified otherwise. A developer has the right to charge an additional service fee for the overall facilities and maintenance of the property. However, this is sometimes already included in the rent charged by the owner.
How do I pay the rent?
The rent is paid in full, in advance, by one cheque. On rare occasions, the owner might agree to two or three cheques.
Can the owner increase the rent, next year?
According to the latest decree issued by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, the rent cannot be increased beyond 7% of the annual rent. This applies to all contracts renewed in 2007, on the condition that no increase was made on that particular property in 2006.
Do I need commercial space to apply for a trade license?
Yes, the business requires a rented or owned commercial property in order to secure a trade license.
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