Plenty of business owners in the UAE uses warehouses to stock their products. Many companies opt to open warehouses in Dubai. So when it comes to the cost of the warehouse in the UAE, make sure you keep in mind that cost varies by a wide margin.
Warehouses come in all shapes and sizes, and based on the amount of space you require and the services you want to employ, costs vary by a wide margin. The challenge is, it isn’t always easy to calculate the monthly cost of leasing warehouse space before you sign on the dotted line. This is especially true with plenty of landlords and brokers that describe their rates and fees using confusing acronyms instead of straightforward language.
How can you calculate the rent for a warehouse?
Calculating how much your warehouse is going to cost every month practically involves three primary numbers: the amount of space you need (in square feet), the base rental rate (monthly or annually), and the estimated operating expenses.
Things to keep in mind when calculating costs while renting a warehouse
When comparing warehouse properties, it’s significant to ask the broker the right questions to get an accurate estimate of the monthly rent. Make sure to ask:
Who is liable for performing and paying for upkeep?
Who is liable for performing and paying for fixes?
Who is responsible for replacing equipment attached to the warehouse-like the HVAC unit?
Would I have to pay for a common area or only the actual square footage of the space?
The answers to these questions are critical to know early because you don’t want to discover you’re responsible for such expenses after signing the contract. If anything goes wrong that you are responsible for repairing or replacing, your budget could be impacted instantly.
Tips to rental warehousing in Dubai
When you are seeking rental warehousing in Dubai, you must keep in mind the below-listed pointers.
Select a centralized location
On top of every other criterion, the most important thing to choose is the location. Always go for a centralized location. Look for ‘rental warehouse near me’ on the search engine to find a location near your area.
This will guarantee fewer transportation costs and fast delivery of goods. Level of blockage on streets, the distance between the suppliers and producers, ways of arriving at the end-user, location of transportation hubs, everything matters.
While finalizing your lease ensure the storage space is a centralized location.
Understanding your requirement of a warehouse
A warehouse must be built and well-equipped with the most recent technological gadgets like conveyor belts, forklifts, and machinery for shifting, loading, and unloading goods. Additionally, the temperature of the storage unit must be adjustable according to the nature of your goods to save them for a long time and keep them away from misfortunes because of bad storage.
Safety first
The goods you are putting away in the storage unit will be there longer than you. Ensure your storage unit is installed with 24/7 security cameras with an in-built alarm system. Record every movement in your storage, movement of employees, and other visitors in the alley to avoid any miss happening. Any security issue will be dealt with both by the owner and the renter.
Bottomline
When seeking rental warehousing in Dubai, make sure you research well and search for affordable rental warehousing near me for the best use of your needs.
