Navigating Dubai’s Real Estate Market: Expert Insights from Mr. Ahmed on Business Setup Trends

Aleesha: Welcome back to the 5th episode of the Profound Podcast! Today, I’m delighted to be joined by the insightful Business Setup Advisor, Mr Ahmed, as we delve into the topic of ‘Real Estate Market Trends and Their Influence on Business Setup in Dubai’

ALEESHA: Ahmed, could you share with us your perspective on the current real estate market trends here in Dubai?

Ahmed: Absolutely, Aleesha. The real estate market in Dubai has been quite fascinating lately. Despite global challenges, we’ve seen a remarkable recovery, especially in the commercial sector. There’s been a noticeable uptick in demand for office spaces and retail units, reflecting a growing confidence in the business environment.

Aleesha: That’s really encouraging to hear. For our listeners who might be considering starting their own ventures in Dubai, how do you think these trends in real estate directly affect their decisions and strategies?

Ahmed: Well, Aleesha, these trends are pivotal for anyone looking to establish or expand their business here. The availability of affordable and well-located commercial spaces can significantly impact operational costs and accessibility for customers. It’s about finding that perfect balance between location, cost-effectiveness, and long-term growth potential.

Aleesha: Absolutely, Ahmed. It’s not just about finding any space but finding the right space that aligns with your business goals. Speaking of which, what advice would you give to entrepreneurs navigating this dynamic real estate landscape in Dubai?

Ahmed: I would advise them to do their homework thoroughly. Understand your business needs, projections, and budget constraints. And don’t hesitate to seek guidance from experts who understand the local market dynamics. 

Aleesha: Ahmed, with analysts predicting a continued upward trend in property prices and rents throughout 2025, Dubai’s real estate market has emerged as a global leader, surpassing major cities like New York, London, and Hong Kong. How do you think this trend will impact businesses looking to establish themselves here?

Ahmed: The expected annual increase in property prices of 5% to 7% over the next two years is quite significant. This growth is driven by a demand that consistently outstrips supply in key sectors. For businesses considering Dubai as a location for expansion or setting up operations, these trends highlight the importance of making strategic real estate decisions to secure competitive leases and capitalize on the city’s thriving market.

Aleesha: Government policies, such as recent visa reforms and the absence of property taxes, continue to play a crucial role in boosting Dubai’s real estate sector. How do these initiatives enhance Dubai’s appeal as a prime investment destination?

Ahmed: The visa reforms and tax policies introduced by the government have been pivotal in attracting investors and businesses alike. By easing residency requirements and eliminating property taxes, Dubai has positioned itself favourably for both individuals and corporations seeking long-term investment opportunities. These measures not only stimulate demand across the real estate market but also foster sustained growth and stability in the economy.

Aleesha: Looking ahead, how do you anticipate these factors shaping the future of Dubai’s real estate market, particularly in terms of business setup and expansion?

Ahmed: The combination of favourable market conditions, proactive government policies, and consistent demand is set to drive continued growth in Dubai’s real estate sector. For businesses planning to establish or expand their operations here, it will be crucial to strategically leverage these advantages. Keeping a close watch on market dynamics and aligning real estate decisions with long-term business objectives will be essential for navigating this dynamic and promising landscape.

Aleesha: That’s solid advice, Ahmed. Before we conclude, could you share any upcoming trends or developments in the Dubai real estate market that businesses should keep an eye on?

Ahmed: Certainly, Aleesha. We’re seeing a growing trend towards sustainable and tech-integrated real estate solutions. Businesses that embrace these innovations not only contribute to environmental sustainability but also enhance operational efficiency and appeal to a more conscious consumer base.

Aleesha: Thank you, Ahmed, for your valuable insights and practical advice today. It’s been a pleasure having you share your expertise with us.

Ahmed: Thank you again, Aleesha. It was a pleasure being part of this conversation.

Aleesha: And to all our listeners, thank you for tuning in to another episode of the Dubai Business Insights podcast. We hope you found today’s discussion enlightening and helpful for your entrepreneurial journey in Dubai. Until next time, STAY INFORMED, STAY INSPIERD. HIT SUBSCRIBE AND STAY PROFOUND.