Commercial Space for Rent in Abu Dhabi

One of the significant benefits of living in Abu Dhabi is that it is tax free and this has attracted many expatriates to move here. Abu Dhabi is also one among the wealthiest Emirates in UAE. The opportunities for employment in Abu Dhabi are high. Comfortable weather conditions and high end living are other benefits in Abu Dhabi. The investment opportunities are huge here and the procedures for investments are quick with adequate support from the authorities.

For renting out any space in Abu Dhabi including commercial space for rent in Abu Dhabi landlords have to register their properties along with the contract of tenancy with the Abu Dhabi Municipality (ADM) . The system of Tawtheeq is used to keep record of this. The contracts are to be submitted either only in Arabic or in English and Arabic for it to be accepted at Tawtheeq. Tenants should always check for the property registration when they plan to rent a particular property in Abu Dhabi.

The annual lease renewal price in Abu Dhabi is 5%. Within the limit of 5% property management companies and landlords can increase their rent price. The tenant have to be informed about the contract renewal and price cap at least two months before the renewal. The same rules apply for commercial space for rent in Abu Dhabi. Businesses should have a Tawtheeq lease. In certain areas such as Musaffah industrial zone a Tawtheeq lease is not necessary. In such areas standard lease is also accepted. The rental fees in Abu Dhabi is usually paid a year up front. In some cases landlords may allow a payment in two installments of cheque. You also have to pay a security deposit of 5% – 10% and the fixed commission to the agent. You have to check all the requirements before proceeding to pay the rent and signing the contract.

Sustainable Homes Investments will assist you in finding the best commercial space for rent in Abu Dhabi. We will give support and guidance in all documentation and paperwork.