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DMCC Free Zone Area Guide

Dubai is undoubtedly considered to be the global gateway to the Middle East, providing opportunities for people to invest in a wide range of business services and infrastructure. Dubai boasts of having a four-times crowned Global Free Zone and the world’s first-ever free zone, Dubai Multi Commodities Centre (DMCC). Established in 2002 as a government entity in the center of the Jumeirah Lakes Towers district (JLT), it has the sheer aim to make Dubai the most preferred destination for commodity trade flow. Moreover, DMCC is not only home to a dynamic community, innovative and state-of-the-art infrastructure, excellent services, but it also has a spectacular range of properties to choose from, all of which are just a few minutes away from main locations. DMCC in Jumeirah Lakes Towers is a 200-hectare mixed-use free zone that is grouped into clusters each comprising three tower blocks. With 68 towers and the development comprising approximately 180,000 sq/m of commercial, residential and retail space, DMCC is considered to be in a class of its own. Essential steps to starting a business There is no doubt that setting up a business in a free zone is quite easy, however, you have to go through a certain procedure in order to achieve that. Whether you want to set up a new company or simply establish a wholly-owned subsidiary in DMCC, the entire process is quick, easy, and clear as the free zone authorities require minimum paperwork and duration. The following steps will help you set up your business in a free zone. Determine the type of legal entity You need to decide which type of license you want and what business activity you want to conduct. It is really important to know which documents you require for the process. You can calculate all costs involved by using the DMCC cost calculator. In DMCC, the minimum share capital for forming a free zone company is AED 50,000 per company and AED 10,000 per shareholder. For a company to be issued a General Trading License, it should have a minimum of AED 1 million share capital. Choose a trade name Submit an online registration form. Complete the form, pay the initial application fee of AED 1,035 and submit your application. After seven working days, DMCC will complete the company name reservation, management and compliance approval. Apply for a business license In DMCC, you can choose from over 600 business activities ranging from over 20 sectors such as energy, commodities, gold and diamonds, technology, construction, FMCG, healthcare, aviation, shipping, education, media, professional services, financial services and personal and community services. Apply for that specific business license. Choose an office space You can either buy or lease office spaces in free zones. Office requirements depend on the number of employees and type of business activity of your company. In DMCC, you can choose from a Flexi desk of 200-300 sq.ft., a Flexi office of 2000-2650 sq.ft., or offices running through multiple floors with a total of 20,000 sq.ft. each. Choose a perfect office space. Finally, sign and submit the relevant documents for your new office space. Get pre-approvals, register your business and finally get your license Make sure that you pay the registration and license fees and sign legal documents. Within 5 working days, DMCC will issue a provisional approval and bank letter (to open a company bank account). Finally, after 5 working days, DMCC will issue your E-License, so you will be ready to do business in DMCC. There will be a number of things which you will need before applying: Online pre-approval application formCopy of your passport, UAE residence visa and a copy of your Emirates ID Proof of residential address in the country of residenceCopy of Company documentsThird-party approvals for business activities in DMCC free zone (required once the company is registered) How to lease or own a commercial space in DMCC DMCC offers a superb choice of properties that can fit any size and type of business. Owing to 66 towers, you can either opt for fitted space or shell and core or choose serviced offices that are specially designed for smaller businesses. Flexi-desks are available on a part-time basis while giving your business a full-time physical address and professional appearance. You can access a number of amenities including unlimited access to meeting rooms. Serviced desks are available for businesses that have full-time staff and therefore require a dedicated desk. Serviced offices are 215 to 279 sq. ft. and fully furnished offices that can comfortably accommodate 2-3 people. DMCC Free zone also provides fully furnished serviced office spaces that range from 200 sq. ft. to over 6,000 sq. ft. Facilities such as air conditioning, electricity or building service charges are included. Each office has 24/7 access with security as well as shared services like reception, kitchen and free beverages and housekeeping amenities. DMCC offers a great working environment in the perfect location at extremely affordable rates. It is the perfect location to create any business within reach of thousands of potential clients and the opportunity to work alongside many global leaders. 1.  Full office space DMCC offers offices that are strategically located in towers covering most areas of the Free Zone. These towers offer offices ranging between 100 sq. ft. and 500 sq.ft. in a luxurious environment, having a rent from from AED 30 per sq.ft. for shell and core and AED 40 per sq.ft. for fitted office.  All services, such as a dedicated telephone and fax numbers, internet connection, fully equipped meeting room facilities and advanced audiovisual technology are usually available, making it an ideal place to set up your business. 2.   Serviced office For those looking for convenience,serviced offices are available at affordable prices, with rent starting from AED 2,000 per month, depending on the size and location of your chosen office. All offices are fully furnished and equipped with high-speed internet and fiber optic communications. Moreover,  meeting rooms and boardrooms of various sizes are available for bookings for a time span of 10 minutes to a full day. You can benefit from 24-hour access and security; making it the ideal workspace solution for those who want a convenient environment to conduct their business. 3.  Shared space If you are on a tight budget, then you can still find a place to start your business. You can rent workstations in a collaborative space, that allows you access to a range of excellent facilities and amenities including 24-hour access to Wi-Fi, copy and printing facilities etc. You can easily find co-working spaces at quite an affordable price AED 750 per person/month. It does not matter whether you are an existing member company or a prospective new business owner, the DMCC Free Zone offers support at every stage of your business journey. This guide will definitely help to provide you with all the necessary information, tools and resources that are required in the building of your business. If you are looking for a commercial space in the DMCC area, then do not hesitate to contact us. For any further questions, assistance, or a fast quote, you can call our help center at 04 409 0958 between 8.30 am to 5.30 pm from Saturday to Thursday. We promise to help you find that perfect property for you and guide you through every step, to get you all set up.

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Area Guides
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DMCC Free Zone Area Guide

Jul 31, 2019

A Message From CRC Director

In response to the ever-growing commercial market in Dubai and increased number of inquiries, in 2018, Better Homes’ management decided to make a strategic decision to grow the commercial brokerage department and become the biggest commercial team in the Dubai market; We have successfully recruited, trained and built on our diverse team which has led to many success stories and a significant increase in the number of transactions since 2018.In order to better serve our customers and purely focus on the commercial property sector, the next strategic move was to give the commercial department its own identity, brand, and space to grow. Better Homes commercial was re-branded to CRC (Commercial Real Estate Consultants) and launched in July 2019. We are now in the process of setting additional value adding services to CRC and to become a comprehensive solution provide within the commercial property sector.Since the news of the CRC launch and its ambitious vision, we have attracted some of the most talented and experienced individuals within the commercial sector and many of them will become a pivotal part of our future success. We will continue to invest in the CRC brand and will grow it over the next year and we aim to launch our consultancy divisions by Q2 2020.Ben Bargh CRC Director

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Market Update
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A Message From CRC Director

Jul 04, 2019

Downtown Dubai Area Guide

Ambitious, stylish, energetic and offering ultimate sophistication in an upscale environment, Downtown Dubai, also called the Centre of Now, with its architecture and views, gives you the sense that you have arrived. A premier luxury community, Downtown Dubai offers exclusive access to some of the world’s greatest and futuristic skyscrapers, the tallest building in the world, Burj Khalifa, and a distinctive mix of artistically planned residential towers and commercial zones. Downtown Dubai has several world-class hotels including the world’s first Armani Hotel and Emaar’s flagship Address, Vida, and Manzil hotels. With Mohammed Bin Rashid Boulevard, the vibrant thoroughfare dotted with cafés and retail outlets, The Dubai Mall, the world’s largest shopping and entertainment destination, The Dubai Fountain, the world’s tallest performing fountain, The Opera District, highlighted by the majestic Dubai Opera and upcoming developments, the paramount allure of Downtown Dubai is a combination of the neighborhood’s exclusivity, charming architecture, pictorial views, convenient location, lively bustle, and a hip urban vibe.Billed as the world’s most prestigious city, Downtown Dubai embodies the spirit of la dolce vita living, and where everything you could want is at your fingertips. One of the first commercial property developments by Emaar Properties in Downtown Dubai, Emaar Business Park features fully-fitted offices with all amenities. Emaar Square, the established commercial precinct in Downtown Dubai, is a six-tower business complex located next to The Address Dubai Mall hotel and The Dubai Mall and overlooks the commanding Burj Khalifa. With 62,000 sq. ft. of retail options and business services in addition to boutique-style cafes and delis, the complex also has a VIP drop-off area, express elevators, and lawns that are ideal for corporate events. Tenants benefit from fully fitted offices with a range of amenities including advanced telecom systems, hi-speed internet connectivity, video conferencing facilities, and central satellite television.Get ready for a fresh take of life in the city. Enjoy the constant thrum of energy that reverberates with working in one of the most expensive zip codes in the world. Let the charm of the old ways escort you into the conveniences of the new urban sensibilities. Take time to wander. Explore. Savor. In essence, Downtown Dubai epitomizes everything about living and working in one of the world’s most dynamic cities and offers some of the region′s best commercial property options. Experience the opulent environment and the buzz of a world-famous neighborhood that is Downtown Dubai.Explore Downtown Dubai commercial properties furnished with the latest amenities and infrastructure that will seamlessly suit your business needs.Search here or contact us to begin your journey.   

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Area Guides
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Downtown Dubai Area Guide

Jun 25, 2019

Sheikh Zayed Road District Guide

Easily one of the busiest road networks in Dubai with its multi-lanes of traffic and hemmed in by skyscrapers that add to Dubai’s dramatic skyline, Sheikh Zayed Road is a hugely popular business district. The district’s convenient location provided its original legacy as a gateway for businesses, and with the addition of the metro network, Sheikh Zayed Road has further increased in popularity, quickly developing into one of Dubai’s commercial hotspots.Home to most of Dubai’s skyscrapers, including Emirates Towers and Burj Khalifa, Sheikh Zayed Road also connects other developments such as Palm Jumeirah, Dubai Media City, Dubai Marina, and Dubai Waterfront. Located next to DIFC and Downtown Dubai and easily accessible via the metro network, some of the well-known commercial buildings include Rolex Tower, Emirates Office Tower, Sama Tower, City Tower 2, and Park Place. The Dubai World Trade Center, International Convention and Exhibition Centre, Dubai International Finance Centre are just a walk away.A walkable community with quick access to a plethora of amenities in the vicinity and beyond, Sheikh Zayed Road is where history, commerce, high-end perks, and residential living collide. You will enjoy the constant thrum of energy, whether you are sipping a beverage at a Starbucks café or admiring the area’s contemporary art scene. Set in the middle of a humming metropolis, Sheikh Zayed Road’s exclusive properties keep one close to countless attractions and activities.Here, historic architecture is beautifully melded with modern design and amenities. An ever-revolving door to an urban, on-your-toes lifestyle, Sheikh Zayed Road is a cultural gateway where Dubai’s history and thriving present intersect. A steady stream of buses and cabs shuttles people in and out, where building facades showcase moments in history. Sheikh Zayed Road’s vast architectural heritage, lush spaces, and sheer variety of artistic and cultural avenues help feed multiple audiences—from locals and visitors to high-flying entrepreneurs and business professionals from across the globe. The round-the-clock atmosphere attracts people from all over, 24/7.Dotted with architectural gems and offering a mix of heritage and cultural cache, Sheikh Zayed Road continues to lure professionals who want more space without sacrificing convenience and prestige. A district that embodies old Dubai’s laidback cool, Sheikh Zayed Road’s well-kept properties offer an unshakable sense of neighbourliness. Unlike the suburban sprawl that has overtaken areas further afield from the city, Sheikh Zayed Road has carefully maintained its unique traditional character, thanks in large part to generations of businesses who continue to operate from the district. Replete with breathtaking office spaces looking out to splendid views and booming businesses, Sheikh Zayed Road continues to herald success and abundance as one of the swankiest zip codes in the city.Explore Sheikh Zayed Road commercial properties furnished with the latest amenities and infrastructure that will seamlessly suit your business needs.Search here or contact us to begin your journey.   

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Area Guides
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Sheikh Zayed Road District Guide

Jun 25, 2019

Business Bay Area Guide

Business Bay  is to  Dubai what the Upper East Side is to New York – an upscale neighborhood and an elite commercial district. Launched in 2003, Business Bay ranks as one of Dubai’s most exciting central business and hospitality precincts, characterized by unique architecture, an unbeatable location, and easy access to Dubai’s many attractions. Situated between the Dubai Canal and Downtown Dubai, Business Bay provides easy access to the city’s metro network and key arterial roads. It is also located less than 10 minutes drive from Dubai International Airport and is closely located to the up-and-coming design destination, Dubai Design District, and one of Dubai’s oldest hotspots, Jumeirah.A high-potential neighbourhood with a unique personality that is trendy and authentic all at once, Business Bay attracts a record number of investors and businesses looking for a different kind of Dubai experience. Modern influences lend charm, while a dynamic populace infuses the neighborhood with urban sophistication. From its high-rise, high-end towers to the urban serenity of its landscaped spaces, Business Bay is a lively, a diverse neighborhood with all manner of businesses, dozens of restaurants of all types, a growing retail scene and proximity to almost everything in Dubai’s core. Set amidst the gleaming waters of Dubai Canal, Business Bay is home to several high-rises featuring high-profile offices, retail units, world-class hotels such as The Oberoi Dubai, The Taj Dubai, and JW Marriott Marquis, (which was until recently the world’s tallest hotel) and shops. Touted to become Dubai’s business hub with office and residential towers offering incredible views, landscaped gardens, excellent transport links and a network of roads and waterways, Business Bay attracts businesses and investors from around the world. Home to numerous futuristic towers that surround the area in addition to iconic towers such as Zaha Hadid’s Signature Towers, Bay Avenue which is Business Bay’s flagship waterfront retail area and the newly constructed Creek extension adding enormously to the district’s appeal as it weaves its way to the waters of the Gulf.Stretching over 80 million sq. ft and with over 240 towers, whether you are looking for offices for sale, offices for commercial lease, or freehold offices, Business Bay has a wide selection of commercial real estate with buildings with modern amenities, where some of the biggest international corporations work alongside retail giants and upscale residential spaces. Business Bay offices for sale are purposely located for international trade as one end of the development is ideally located on Sheikh Zayed Road, with its office towers hosting international firms and the financial institutions of Dubai International Financial Centre.Getting around Business Bay is a breeze. The commute is short and the area itself has everything you could need with shops, food outlets and other retail amenities. The Business Bay metro station is available for those relying on public transportation along with a selection of taxis and buses that frequent the area.Popular towers in Business Bay include Vision Tower, Bay Square and The Binary Tower, amongst many others. Explore Business Bay commercial properties furnished with the latest amenities and infrastructure that will seamlessly suit your business needs.Search here or contact us to begin your journey.  

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Area Guides
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Business Bay Area Guide

Jun 25, 2019