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Shared Office Spaces vs. Co-Working Office Spaces

Shared Office Spaces vs. Co-Working Office Spaces

Both shared office spaces and co-working office spaces are two of the most popular types of office spaces in Dubai right now. However, they both fit the needs of different kinds of businesses even though both of them have numerous benefits.

Additionally, it is important for businesses to know which office space will be the best for them. So, today we are going to compare shared office spaces vs co-working office spaces so that you can decide which one will be the best for you.

What is Shared Office Spaces?

Shared office spaces are full-sized office spaces that are sectioned into smaller portions and rented off to different businesses. This means that all the businesses that occupy the shared office space will be paying a share of the rent. This makes shared office spaces one of the most economical options for businesses in Dubai.

Additionally, shared office spaces also come with a few corporate services provided by the business center that you will be renting the office from.

What is Co-Working Spaces?

Co-working spaces are similar to shared office spaces except for the fact that the space is not sectioned off. To clarify, coworking spaces have a more open floor plan than a shared office space which makes them, even more, cost-effective.

Additionally, coworking spaces provide a lot of networking opportunities. In fact, they provide the most opportunities to make connections than any of the office space available in Dubai. However, if your business requires a lot of privacy then coworking spaces might not be the best for you.

coworking spaceWhat are the Differences and Similarities Between Shared Office Spaces vs. Co-Working Office Spaces?

There are a number of differences and similarities between shared office spaces vs. co-working office spaces. The similarities make them the best type of office space available in Dubai. However, the differences are what make them cater to different types of businesses. So let us take a look at which office space you should choose for your specific type of business in Dubai.

Here are the differences and similarities between shared office spaces vs. co-working office spaces:

1. Cost efficiency

Even though both shared office spaces and coworking spaces are two of the most economical choices for any business, coworking spaces are cheaper than shared office spaces. As we have mentioned before, this is because shared office spaces have different sections while coworking spaces have an open floor plan. Nevertheless, both of them are excellent choices are businesses on a budget.

Instead of the cost, your decision should come down to whether your business needs a lot of privacy or a lot of networking opportunities. For example, if you need to keep your trade secret safe then you should go for a shared office space. Additionally, the difference in cost between these types of two office spaces is not that wide.

2. Networking

Since coworking spaces have open floor space, they provide the most networking opportunities among the rest of the office spaces you can find in Dubai. For example, if you own a digital marketing agency, you might find your next client working right next to you. At the same time, if you require a specialist for a specific project, you might find a freelancer in the cubicle next to you.

Shared office spaces also provide a lot of networking opportunities. This is because you will have neighbors. At the same time, business centers often host various seminars, workshops, and events that provide a lot of networking opportunities for businesses that are renting office spaces from them.

3. Prime location

Both shared office spaces and coworking space in dubai are rented out by business centers in the city. And these business centers are usually located in prime business districts that boost the brand image of your business. This will help you stand out from the crowd and gain the trust of your clients, customers, investors, and other business associates.

Business districts in Dubai are well connected with the rest of the city. This means that you can use various modes of transportation including the metro and public bus to get to and from your office space. At the same time, there is an abundance of parking spaces in these districts if you plan on commuting in a private car.

4. Corporate services

One of the best benefits of renting from business centers is the corporate services that they provide. While there are a number of free corporate services that you will receive when you rent office space from them, there are also a number of corporate services that you can pay for.

These corporate services make the daily operation of your business more efficient and effective. For example, all business centers have a professional administrative team that takes care of the maintenance of office spaces. Additionally, you can get accounting services, legal services, business formation services, business consultancy, etc. from them as well.

shared office space5. Contact flexibility

Last but not the least, both shared office spaces and coworking spaces have flexible contracts. For example, you can rent them monthly, weekly, or daily. You can rent coworking spaces on an hourly basis as well. This eliminates the risks associated with long-term contracts and office spaces. As the COVID-19 pandemic proved, there are certain risks to owning permanent office spaces.

So, if your plan changes suddenly due to various reasons, you can easily move or close shop when you are renting a shared office space or coworking space.

How can we help you?

If you are looking for the best coworking spaces and Shared Office Space in Dubai, then you are in the right place. Additionally, if you are still not sure which type of office space will be the best option for your specific business then we are here to help you decide. To be fair, both shared office spaces and coworking spaces are attractive to a lot of businesses.

With Spider Business Center, your office will be located at the prestigious Conrad Hotel – Business Tower, Sheikh Zayed Road, Dubai. Feel free to drop by or contact us at your convenience

Feel free to drop by or call us at +971557012754. Send a WhatsApp Message for Chat Query on +971 557012754 or email us at info@spiderbc.com

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