The commercial real estate market in Dubai can be daunting, but it is not impossible to find a small shop for rent in Dubai Mall. This is a highly sought-after location, offering unrivaled foot traffic and prestige. Regardless of whether you are an emerging brand or an established retailer, Dubai Mall has something to offer. The marketplace for small-scale retail establishments in Dubai Mall is extremely competitive. The retail sector in Dubai Mall is among the most dynamic in the world, offering a diverse range of shops for rent that cater to a diverse range of budgets and preferences.
Regardless of whether you are seeking a small shop to commence a new enterprise or a larger space for an existing enterprise, it is certain that there exists a rental option that aligns with your requirements. Market figures show that the annual Dubai Mall shop rent price for a small store ranges from AED 150,000 to AED 300,000. Let in dubai mall explain it in more details in the following parts.
Cost of Renting a Shop in Dubai Mall
Dubai Mall is a flourishing commercial center that draws businesses from all corners of the globe. If you are seeking to establish a new enterprise or enhance your existing one, there are numerous retail premises that are available for lease in Dubai Mall. Businesses looking to attract both locals and tourists can rent Dubai Mall shop in the heart of Downtown Dubai. There are small kiosks, mid-sized shops and large flagship stores at the mall that their costs will be different. As of 2023, shop rent in Dubai Mall can cost from AED 1,000 to AED 5,000 per square foot. Below is an approximate range of rental rates for renting a shop in Dubai Mall:
- Small Kiosks: AED 1,000 to AED 3,000 per square foot
- Mid-Sized Shops: AED 2,000 to AED 4,000 per square foot
- Large Flagship Stores: AED 4,000 to AED 5,000 per square foot
Why Rent a Shop in Dubai Mall?
Dubai Mall is not only a shopping destination but also a tourist attraction that draws millions of visitors annually. With over 1,300 retail outlets, it presents an exceptional prospect for enterprises to prosper. However, why opt for a modest establishment in such a vast area? The Dubai mall is located close to the Burj Khalifa and attracts both tourists and locals. Therefore, it has high foot traffic. Moreover, being in one of the world’s biggest shopping centers gives your brand credibility. And, Dubai mall World-class amenities include valet parking, free Wi-Fi, and round-the-clock security that make renting a shop there valuable.
Small shop rent in Dubai Mall can prove to be a transformative decision for your enterprise. With the high foot traffic, prestige, and support of Any Sqft’s AI-driven platform, you are well-positioned for success. The cost of renting a shop in Dubai Mall can vary based on various factors, such as the location of the shop, its size, and the nature of the business. Let us talk about each one separately.
Location Within the Mall
Every place in the mall is different. Rents for areas near entrances, food courts, or popular stores will be higher, but they will be more visible. Also, the shops situated on the ground floor or in close proximity to popular attractions, such as the Dubai Aquarium and Underwater Zoo, tend to be more costly than those situated on the upper floors or in less populated areas.
Shop Size and Layout
The shop’s size and layout have a significant impact on its rental costs. Rent prices for larger shops with spacious interiors and ample storefronts are typically higher in comparison to smaller, more compact spaces. In other words, the rental rates for larger shops, such as those at major retailers, tend to be higher than those for smaller kiosks or specialty shops. Luxury brands typically command higher rental rates than mainstream brands.
Type of Business and Store
The rental costs at the Dubai Mall are some of the highest in the world. The type of business you intend to establish in Dubai mall also has an impact on the rental shop. Luxury brands and high-end retailers often have higher rental rates than smaller, independent businesses or niche stores.
Dubai Mall Kiosk Rent Price
The variety and energy of the market have caused a significant rise in the need for kiosks in Dubai Mall. For new business owners who want to start a small venture or for well-known brands who are looking to expand, renting a kiosk in Dubai Mall offers a great chance. If you rent a kiosk in Dubai Mall, it can greatly enhance your business opportunities. This is because of the fact that Dubai Mall has high foot traffic and a strong reputation, and it is setting you up for success. As a small business owner in Dubai Mall, if you want to have a kiosk is a smart way for creating a profitable and cost-effective income stream. As there are different Dubai mall rent shops, there are different types of kiosks for rent.
- some of the kiosks particularly well-suited for the sale of items such as electronics, accessories, apparel, beauty products, mobile phone accessories, jewelry, and sunglasses.
- Some other kiosks are useful for ideal for providing refreshments, beverages, and various light meals such as coffee kiosks, ice cream stalls, and smoothie bars.
- Certain kiosks for rent in Dubai Mall are appropriate for delivering information, customer support, and ticketing services, such as tourist information centers, bill payment kiosks, and service centers.
Each of these types of kiosk have different Dubai Mall rent price. Rental prices for kiosks of Dubai Mall is different, and they are based on factors such as location, size, and type. They usually range from AED 5,000 to AED 20,000 or more. Renting Kiosks of Dubai Mall in prime areas and those that are larger often have higher prices. Also, their prices can go up or down because of seasonal changes and special events.
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