Commercial real estate (CRE) refers to properties used for business purposes, generating income through capital gains or rental income. It encompasses a wide range of property types including office spaces, retail locations, industrial warehouses, and mixed-use facilities. In sharjah, CRE also includes commercial villas, and properties within free zones or mainland areas.
Here's a more detailed breakdown:
Types of Commercial Real Estate:
Office Spaces: Buildings or floors within buildings used for business operations.
Retail Spaces: Shopping malls, centers, showrooms, and other spaces where goods or services are sold.
Industrial Warehouses: Facilities for manufacturing, storage, and distribution.
Mixed-Use Facilities: Buildings combining residential and commercial spaces.
Commercial Villas: Prestigious properties often used for boutique businesses, clinics, or upscale offices.
Other Commercial Properties: Includes fitness clubs, beauty salons, spas, clinics, and hotel apartments.