Selling commercial property in Dubai is as complex process as anywhere else, but if you’re looking to sell
quickly for cash, there are several options to consider.
Whether you want to maximize your property’s value, streamline the sales process, or avoid the lengthy
procedures associated with traditional methods, there are solutions tailored to meet your needs.
Here’s what you need to know to sell your commercial property efficiently in Dubai.
Under UAE and Dubai law a seller can sell commercial property with a tenant in place. In fact, in many
cases the value of the commercial property may be significantly increased depending on the length of
tenancy agreement in pace and the quality of the tenant.
Any Dubai commercial investment property sale with tenants in place may require the purchaser to be willing to
assume or renew the lease as the new owner. Exact requirements will depend on the lease agreement.
Here are three potential methods to sell your commercial property quickly in Dubai:
The traditional route for selling commercial property involves listing your property with a real estate
agent, marketing it to a broad audience, and navigating a complex sales process that can take several
months. While it can yield a higher price, it’s not the quickest option.
1
Engage an agent experienced in commercial property
sales.
2
Enhance curb appeal and functionality to attract potential buyers.
3
Analyze market trends and set a competitive price for commercial
spaces.
4
Use multiple platforms to market to a broad audience, including local
and international buyers.
5
Schedule viewings with prospective investors or business owners
over many months.
6
Review and negotiate offers, considering the buyer’s financial capacity.
7
Ensure buyers secure financing, often more complex for
commercial properties.
8
Handle contracts, legal processes, and close the deal.
TRADITIONAL SALE PROS | TRADITIONAL SALE CONS |
---|---|
Competitive bidding may yield a better sale price, especially in favorable markets. | Commercial property sales can take months (6 to 12 months average), which may not be ideal if you’re in a rush. |
Professional marketing ensures your property reaches a large pool of potential buyers. | Commission rates can be higher for commercial properties, cutting into profits. |
Real estate agents manage the sales process, handling negotiations, paperwork, and legal issues. | Deals may fall through due to financing challenges or buyer indecision. |
Agents use tailored marketing approaches to attract business owners and investors. | Economic factors can affect commercial property demand, influencing the sale price. |
Selling your commercial property at an auction can provide a quicker alternative to traditional methods.
Auctions attract serious buyers who are prepared to make decisions quickly, and the competitive nature
of the bidding process can help you achieve a fair price.
1
Choose an auction house with expertise in commercial property.
2
Determine the minimum acceptable price for your property.
3
Compile necessary legal and financial documents for potential
buyers.
4
Promote the auction to attract serious commercial buyers.
5
Allow potential buyers to inspect the property before the auction.
6
Bidders compete in real-time, driving the price up.
7
Once the reserve price is met, the sale becomes legally
binding.
AUCTION PROS | AUCTION CONS |
---|---|
Auctions conclude within a set timeframe, often 28 days. | If bids don’t meet the reserve, the property may sell for less or not at all. |
A lively auction can drive the price up. | Commissions can be substantial, reducing your net proceeds. |
Once the reserve is met, the sale is secure. | If the property fails to sell, you’re left with fewer options. |
The auction process eliminates the need for back-and-forth offers. | The fast timeline may result in lower bids. |
Typically, auction buyers are well-prepared with financing. |
If your priority is speed and convenience, selling your commercial property to a quick sale company like
Express Sale Dubai could be the ideal solution. These companies specialize in fast cash transactions,
offering a simple and hassle-free process.
1
Identify reputable companies that specialize in commercial
properties.
2
Submit your property for evaluation and receive a cash offer in days.
3
The company assesses the property’s condition and market value.
4
Review the offer, typically within days.
5
Proceed with the legal formalities for a fast sale.
6
The sale is finalized quickly, with no lengthy delays.
EXPRESS SALE PROS | EXPRESS SALE CONS |
---|---|
Transactions typically close within days or weeks | If bids don’t meet the reserve, the property may sell for less or not at all. |
Once the offer is accepted, the sale is secure with no risk of withdrawal. | Commissions can be substantial, reducing your net proceeds.Commissions can be substantial, reducing your net proceeds. |
Properties are purchased “as-is,” sparing you from making improvements. | If the property fails to sell, you’re left with fewer options. |
Avoid agent commissions and marketing costs, maximizing your net profit. | The fast timeline may result in lower bids. |
The company handles most of the legal work, simplifying the process. | It’s best suited for those prioritizing speed over price. |
Selling commercial property quickly for cash in Dubai can be a smooth process if you choose the right method for your needs. Whether you opt for a traditional sale, property auction, or a quick sale company, understanding the pros and cons will help you make an informed decision. If time is of the essence, working with a quick sale company like Express Sale Dubai could offer the speed and certainty you’re looking for, while a traditional sale or auction may yield a higher price if you have more time to
wait.
Complete the form to get your cash offer and take the first step towards a hassle-free property sale today.