A Growing Market: Shared Office Spaces in Dubai
Shared office spaces in Dubai is expected to grow in the coming years, many businesses are seeing shared offices as a viable option as it is a hassle-free solution.
Flexible workspaces are globally expanding and are growing in different markets across the world. In fact, with its immense growth, it can no longer be considered merely as a complementary subsector of the office market. Flexible workspaces are now a fundamental core of the commercial real estate market.
The market of shared office spaces in Dubai is expected to grow in the coming years, especially as there are many businesses in the region that are considering shared offices as a viable option, convenient and hassle-free solution.
Dubai’s market is characterised as being highly trend-driven. Business owners and their employees like to be in the newest, most modern workspaces. It’s mostly start-ups, freelancers, and SMEs that are opting for shared office spaces in Dubai due to its flexible leasing agreements and strategic locations.
The development of shared offices is especially beneficial to potential business setups that want to have a glimpse of the market before taking long-term commitments in office buildings. To add up on that, its complete fully-functioning lifestyle facilities and convenient extra services are what make shared offices attractive.
Shared office spaces in Dubai are often aesthetically appealing to employees because it promotes creativity and productivity along with a compelling design. These modern workspaces are not only changing the way offices should look like, but also how employees work in several ways.
Shared offices also are the best choice for freelancers who might be having a difficulty focusing on their work from home. A flexible workspace nearby serves as a cost-effective solution rather than commuting to the city every day.
In fact, freelancers are not the only ones who get to enjoy flexible working hours. There is an increase among businesses that offer flexible working hours in the past year. Research published by Vodafone shows that three in four companies worldwide now provide their employees with the option to vary their hours and work from home.
A recent study conducted by HSBC found that flexible working is the biggest motivator in boosting productivity among employees. Additionally, according to Forbes, in 5 years, millennials will make up 75% of the global workforce which will surely impact the workspace concept even more.
As such, there’s been an increase in the level of customisation to capture the growing demand. A shared office changes rigid cubicle into transformative spaces. These office providers design the offices in a way that offer easy flexibility for various workflows and collaboration.
Here are the features of flexible workspaces:
Encourages collaboration. Everyone wants their own personal space to focus on working, but they also want to collaborate with their co-workers conveniently and comfortably.
An open environment. Yes, while cubicles have benefits too such as making you focused with your individual work, but many companies are choosing to create a more open environment by picking moveable cubicles with lower walls or those without cubicles at all.
Multifunctional space. Most offices have enough spaces to accommodate your employees, but it’s best to take advantage of what you have. With shared offices, you get to have spaces with multiple possible functions. For instance, the kitchen can also function as a large meeting room if necessary.