Better Homes Commercial Properties in Dubai

Dubai remains the largest and most active office market in the MENA region and the preferred regional hub for many businesses.

Better Homes’ specialist commercial property team provides customized investment and management services to investors, owners and users of commercial real estate across key sectors in the United Arab Emirates. Delivering first class solutions to commercial clients, our team of agents will exceed your expectations by delivering a personal, tailor-made service and ensure that your investment needs are fully met.

Bringing together the expertise and knowledge of our team to help you buy, rent, lease or sell commercial property, we cover all property types – from fully fitted, semi-fitted and shell and core properties to retail spaces, warehouses, shops and showrooms. Multilingual, Better Homes’ commercial team has extensive experience in selling commercial property to local and foreign clients.

Like any other investment, investing in commercial property comes with great advantages and potential risks. Commercial property is sensitive to economic conditions, so when there is a downturn, demand for office premises may tend to dip. Moreover, it may take longer to find a tenant for a commercial space than for an apartment. Hence, commercial properties usually have long vacancies, which means that as an owner, you will need to cover the cost during vacant periods.
However, the pros of expanding your commercial property over residential property portfolio are numerous. Aside from offering higher returns than residential property, commercial property comes with longer leases. While residential tenancies may turn over every six to 12 months, a commercial tenancy lasts longer, as tenants tend to stay put for greater periods especially when they have invested capital customizing the space. This makes commercial real estate an investment option that offers impressive returns and considerable monthly cash flows.

Future trends in commercial property development

Invest in buildings that work. Make sure that you are investing in office space that is functional and enables businesses to operate efficiently and productively. Buildings that offer functional and efficient floor plates, high quality lifts and other facilities such as convenient and sufficient parking and access to public transport are likely to remain in demand.

Latest industry reports throw light upon the fact that in the coming years there will be a great emphasis on building safety and more demand for well-maintained buildings with better fire safety and other systems. Experts suggest that the market will witness new government regulations where building owners will have to adhere to stringent safety guidelines.

The study also highlights a trend towards 'Build-to-Suit' (BTS) which involves developers building schemes according to the specifications provided by corporate tenants, who then commit to either lease or purchase the premises upon completion. The market seems to be leaning towards the concept of Sale and Leaseback (SLB). This is a means by which occupiers of existing buildings can free up capital which they can pump back into their business.

Where should you buy/rent?

Here are few of the most sought-after communities in Dubai to buy commercial property in.

Jumeirah Lake Towers (JLT)

JLT is a mixed-use development along Sheikh Zayed Road. It features numerous commercial buildings set around four man-made lakes.
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Business Bay

A popular commercial district located in the heart of Dubai, Business Bay offers amazing office spaces with good infrastructure and connectivity. The community is close to Downtown Dubai and has a dedicated metro station as well.
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TECOM

Situated between Sheikh Zayed Road and Al Khail Road, TECOM has residential and office towers and is a relatively affordable area to buy commercial property in.
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Dubai International Financial Centre (DIFC)

One of the most sought-after business districts, DIFC is centrally located and easily accessible. Offices here offer world-class infrastructure and are upscale high-rises with sweeping views of the Dubai skyline.
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Browse our large selection of commercial property for sale in Dubai. If you’re considering buying, renting or selling your commercial property in Dubai, our agents open up a world of exciting investment opportunities in terms of location, price and property.

Sustainable growth in Dubai’s commercial real estate market has garnered investor interest, thereby increasing the demand for commercial property. Commercial property for sale in Dubai has gained prominence since entrepreneurs are constantly on the lookout to buy offices in the city, thereby also creating opportunities for sellers looking to sell their commercial property in Dubai.
For further information on our Commercial Sales services, call 600 52 2233 or drop us a line at customercare@bhomes.com.

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Better Homes LLC: Role of Property Management in UAE

A competent property management company can add significant value to your investment. As a property owner, one of the biggest decisions you will need to make is whether or not to hire the services of a property management company. While you may be able to manage your properties on your own or with the help of an independent person, you may need additional assistance and that is when a property management expert such as Better Homes will add value to your investment portfolio.

At Better Homes Property Management, we service clients ranging from individuals, private investors and commercial entities across the UAE. With decades of experience behind us, we have the knowledge, experience and a sophisticated understanding of the Dubai real estate market to help you market your investment and gain maximum exposure needed to attain the highest return.

As a leading property management company, we work directly with prospects and tenants, saving you time and worry over marketing your property, rent collection, repair and maintenance, tenant communication and in certain cases, evictions.

Why team up with us?

1. History and Expertise

Founded in 1992, Better Homes Property Management has met the needs of numerous clients’ Dubai residential property portfolios. Today, we have a dedicated team upwards of 75 people, taking care of properties across Dubai, Abu Dhabi and across the UAE.

2. Huge service portfolio

We offer property management solutions for single units, multiple units, entire buildings and developments in Dubai’s residential and commercial segments.

3. Great customer service

We strive to provide professional and proactive property management along with exceptional customer service to owners and tenants.

4. Market Research and Property Inspection

Our dedicated Property Management team systematically performs a market rental analysis and a thorough inspection of Dubai real estate in order to determine the appropriate rental value. Additionally, we conduct a detailed pre-handover inspection of your property, identifying all visual defects and faults that need to be rectified by the developer.

5. Strategic Marketing

We effectively market real estate via our online platform, www.bhomes.com, which attracts millions of unique visitors each month and features a detailed description of every property alongside descriptions of the home, location, size, floor plan and rental fees. Additionally, we re-market and manage vacant properties between tenancies.

6. Repairs and Maintenance

Better Homes’ dedicated Property Management team address maintenance requirements and if required, contact our wide range of preferred partners to get quotes on behalf of the owner to promptly address any issues.

7. Tenant Screening

We utilise a professional screening service to evaluate a prospective renter’s credit, background check, professional and employment history, rental history and other references.

8. Rent Collection

We promptly collect rents and provide owners with a cheque or a direct deposit to the account of their choice.

9. Dispute Resolution

In the event of non-payment by tenant, absconding tenants do or other disputes requiring legal attention, we register a case with the Dubai Rental Dispute Settlement Centre. Additionally, we arrange for legal notices to be sent to tenants, on behalf of the landlord, in accordance with the governing law.

10. Move-In/Move-Out Process

At Better Homes Property Management, we conduct a comprehensive walk-though of your property and have a detailed document to assess damages. Further, we conduct periodic inspections to ensure that your property is maintained responsibly and is ready to move into. At the end of a tenancy contract and at the beginning of a new one, we provide a detailed check-in/check-out report which has information on our inspection to record the condition of the unit and verify that the handover is complete and/or that deliverables such as keys, access cards and documents are received by the landlord from the tenant.

By working with us, you save time and worry over marketing your properties, rent collection, property preventive maintenance and repair, responding to tenant complaints, tenant screening and sometimes even pursuing evictions. Additionally, as Property Management experts, we bring our know-how and expertise to real estate, giving you the peace of mind that comes with knowing your investment is in safe hands.

However, be aware. While working with a property management firm may eliminate day-to-day hassles and offer valuable assistance with lightening the load, nothing ever fully relieves you of management responsibilities as long as you own a property.

Give us a call. We look forward to working with you.

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