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Thursday, 30 July 2015

An Overview of Leasing Business in Dubai

Leasing is the term used for an agreement, which mentions that the owner of some asset is lending his or her property to someone for a fixed period of time against some rent. Leasing can be done for any assets. 

Dubai is a massively growing place in terms of real estate, property and malls. With this huge growth in property and real estate, more people are getting interested in buying properties in this area for investment and brokerage reasons. For this reason, there are various emerging and established leasing agents in Dubai. These agents guide you regarding the available properties for leasing and the interested customers. 

There are also various leasing companies in Dubai for this purpose. These companies have dealings with the interested owners and companies which are interested in taking property on lease. These companies make it easier for both the parties to deal. Such agents and companies are also aware of all the legal considerations regarding leasing and renting of properties. The available properties on rent can include shopping malls, residential or commercial towers. 

The MENA region, has various shopping mall experts. These shopping mall experts in MENA have the job of analysing and dealing with the retailing in shopping malls. They have all the data and analysis about the shopping malls in the region and their popularity and sales. Such experts are of use to the retailers who are interested in taking shopping malls on lease for the display and sale of their products. The shopping mall culture is flourishing widely in this region. They also come up with various deals and discount offers which attract the visitors and tourists. They have seasonal sales which register huge sales and profits for the retailers and attract tourists and customers from around the world.


Such sales are also heavily influenced by brand advisory consultants. These consultants work by helping brands to deliver their promises. They are responsible for dealing with issues regarding corporate identity, retail identity and product design for companies. They also help the brand with their marketing and sales strategies. They keep a track of the profitable and non profitable previous records. They help the brands to modify their products so that more customers are attracted towards buying the product. They play a great role in establishing the reputation of a product in the market.

All these factors are responsible for the leasing business in Dubai. The leasing business is usually a profitable business for both the lessee and lessor. The brands and companies take suggestion from the shopping mall experts and brand advisory consultants to choose the perfect property for them, which can be taken on lease. The lease agreement mentions all the important clauses that need to be clarified. If a particular property needs some modifications, it can also be made rent free by asking the lessee to do so. They usually consider a period of a month or two for the renovation of property. All these deals are made clear by the leasing companies.

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