Want to lease or buy a commercial property in Tashkent?
- Uylar Sales
- Dec 5, 2025
- 3 min read

Your Guide to Buying or Leasing a Commercial Property in Tashkent
Tashkent is not just growing; it's exploding with commercial energy. Driven by massive infrastructure projects, burgeoning IT and financial sectors, and the development of the New Tashkent twin city, the demand for high-quality retail, office, and logistics space is soaring.
Whether you're looking to launch a boutique cafe, set up a regional office, or secure a prime investment for rental yield, the location of your commercial property is everything.
Here is your essential guide to the best districts for commercial property investment in Uzbekistan’s vibrant capital.
🚀 Tashkent’s Commercial Hot Zones: Prime Investment Districts
The city’s commercial activity is concentrated in a few key areas, each offering a unique investment profile:
1. The Financial Heart: Tashkent City & Adjacent Center Districts
This is the undisputed premier location for Class A office space, high-end retail, and hospitality.
Tashkent City (International Business Center): The epicenter of modern commercial activity. Properties here command the highest prices and rental yields, attracting multinational corporations, luxury brands, and top-tier financial firms. Investing here means investing in prestige and maximum visibility.
Oybek Metro Area (Mirabad District): An established business hub known for high activity and density, hosting numerous banks, foreign companies, and quality business centers. This is a robust, blue-chip investment area.
2. Established Commercial & Diplomatic Prestige
For businesses requiring stability, diplomatic proximity, and affluence:
Yunusabad District: Known for high business activity, this area is home to embassies, international businesses, and affluent residential complexes. It offers a powerful mix of prestige and strong foot traffic for premium retail or large office headquarters.
Mirzo-Ulugbek District: While historically mixed, this area is seeing significant development, particularly for IT and tech firms. It offers strong potential for specialized office space and retail serving the growing educated and professional population.
3. Logistics & Industrial Growth
If your focus is on warehousing, production, or logistics:
Sergeli and Yashnobod Districts: Strategically located near key transportation hubs, including the airport, railway stations, and the ring road. These areas are the primary locations for warehouse offerings and industrial properties, seeing increasing demand for Class A logistics facilities.
💡 Investment Insight: Know Your Commercial Type
Not all commercial property is equal. Tashkent offers strong profitability across various segments:
Commercial Segment | Typical Annual Profitability* | Ideal Location Focus |
Retail (Trading Floors) | 11% – 12% | High-traffic metro stations, central shopping complexes, and major residential entrances. |
Office Space (Business Sites) | Approx. 9% | Tashkent City, Oybek area, Yunusabad, and new business centers (e.g., in Mirzo-Ulugbek). |
Multipurpose (Universal Premises) | High & Versatile | Ground-floor residential units in highly populated areas, suitable for cafes, salons, or small offices. |
Industrial/Warehouse | Approx. 8% | Sergeli and Yashnobod districts (near logistics routes). |
*Note: Profitability estimates are based on general market research and are subject to change based on location, quality, and economic conditions.
Your Trusted Partner in Tashkent Commercial Real Estate
The commercial market, especially for foreign investors, requires specialized expertise to navigate the regulatory framework (e.g., land is state-owned and typically acquired via long-term lease, not purchase).
This is why partnering with a proven, multi-lingual agency is non-negotiable.

Introducing Uylar Sales and Licensed Realtor Elyor Fayziev
When seeking out commercial listings—from raw development land to income-producing business centers—Uylar Sales Real Estate Agency provides the due diligence and market access you need.
Licensed Realtor Elyor Fayziev is your key advantage in the Tashkent commercial market:
Multi-lingual Mastery: Elyor's fluency in Uzbek, Russian, and English is crucial for commercial deals, ensuring precise contract negotiation and clear communication with developers, municipal authorities, and legal teams.
Commercial Insight: He understands the specific zoning laws, title checks, and due diligence required for commercial assets, minimizing risk on your investment.
Strategic Access: Uylar Sales offers a curated list of commercial properties, including high-potential off-market opportunities that match your investment profile.
🔎 Find Your Next Commercial Investment Now
Don't miss the rapidly growing opportunities in Tashkent's commercial sector.
Start your search with confidence. Visit UylarSales.com to explore the most current and verified Commercial Property Listings in Tashkent. Filter by district, property type (office, retail, warehouse), and size to find the exact asset that fuels your business strategy.
Would you like me to find out about the current average price per square meter for Class A office space in the Tashkent City area?





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