Some Sharjah landlords cut rents, offer free month amid roadworks, summer slowdown

Landlords in specific areas of Sharjah, including Al Taawun, are reducing rents and offering incentives like a free month due to ongoing roadworks and the summer lull. While this primarily affects residential units, it indicates a cooling in localized commercial and mixed-use property costs. For industrial procurement and operations managers, this presents an opportunity to negotiate lower rates for satellite offices or small-scale storage facilities used for equipment distribution.

However, procurement professionals must weigh the benefit of lower rents against the logistical challenges posed by roadworks. Transporting heavy industrial equipment through areas under construction can lead to delivery delays and increased vehicle wear. It is advised to conduct a thorough route analysis before committing to new facility leases in these impacted zones to ensure that logistical efficiency is not sacrificed for rental savings.

Photo from Pexels

Read original article → ← Back to Insights