Property Advice Dubai Now Eases Buying Commercial Property in Dubai
Dubai holds an extensive range of commercial properties available in some well known business hubs in the emirate. Investors are getting more attracted towards investing in commercial property in Dubai.
Online, May 14, 2010 (Newswire.com) - With huge number of businesses registering in Dubai and in freezone areas in the emirate the need for commercial or office space has highly grown and has reached to an ultimate level. With the most fabulous commercial and residential infrastructure the emirate continues to increase popularity and therefore attracts investors from all across the globe to invest in Dubai Real Estate, no matter residential or commercial. Earlier, the focus was greatly on residential property; however, recently this trend has been changed. Now, construction of a commercial space is emphasized on.
The attention of investors is now diverted from residential property investment to commercial one. Moreover, now the scenario has tainted as office space in Dubai is the 10th most expensive worldwide. If we talk about office rentals and all, with several multinationals locating their considerable operations, new businesses are setting up and the expansion of the existing ones have drastically pushed up the rental costs.
Property Advice Dubai holds a database of exclusive commercial or office spaces. New projects including Dubai International Financial Centre and Business Bay are expected to fill in the extended demand of commercial property in Dubai to some extent. The DIFC is considered as the business hub of the region that has been established in order to make the emirate famous worldwide as the global business hub.
Few business properties in DIFC are:
• Sky Gardens
• Liberty House
• Park Towers
Business Bay is a well settled place in the emirate and is quiet well known for its high quality commercial standards. A special cluster of business and commercial projects are popular among investors.
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Tags: Dubai real estate, investment emirates, property dubai