Demand outstrips supply
The demand for commercial space is expected to grow annually by about six million square feet with real estate is fast becoming the second engine of growth in the regional economy, which is no longer driven chiefly by oil.
Although real estate contributes about 40 per cent to growth in most developed countries, the mortgage sector's contribution in Dubai only accounts for 3.5 per cent of GDP -- therefore mortgage financiers could open the gates to foreign inflows into the region and further add value by acquiring global ratings for mortgage assets. By adding mortgages and finance more openly there will be a positive effect running through to pricing.
COMMERCIAL - BUSINESS BAY - DUBAI
The Octavian, Business Bay, Dubai The Octavian stands majestically on an expanse of approximately 102,500 square feet and is strategically located in the North East of the Business Bay. 3300 AED per sq ft - Attractive Payment Plan Ref.No IPDOYTC1 More Details >>
INVESTORS AND COMPANIES LOOKING FOR COMMERCIAL AND RETAIL SPACE
We have the ability to supply entire buildings, whole floors, part floors and single units. The properties featured are only a selection of what is available. Contact us to make enquiries and to speak with an agent regarding your requirements
Building the future The UAE construction sector continues its impressive growth record. Construction and the Middle East have become synonymous in recent years. The construction industry plays a substantial role in the UAE's economy, accounting for almost 20 per cent of its GDP.
Huge demand continues
This year's residential supply will be mostly absorbed by the existing demand, reducing potential for over supply. The scenario holds true for the commercial property market as well.
INVESTING IN
DUBAI
• Per capita income is among the highest in the world
• One of the world's wealthiest countries, UAE GDP is expected to rise to $178 billion in 2007
• The third-largest proven oil reserves in the world
• While Abu Dhabi is the capital city of the UAE, Dubai remains its commercial centre
WITH: • More than 80% of the population are expatriates from across the globe and the city is home to almost 200 nationalities
• Is home to 1,321,453 residents with an annual growth rate of 7.5% in its population with more than 75% of the population employed
GROWTH
REGION
• Growing tourism, with modern airport handling 28.7 million passengers in 2006 (33 million expected in 2007) The Dubai Intl. Airport is continuously developing and currently has 2 terminals and accommodates 100 airlines, which connect to over 140 destinations
• Hotel occupancy reached 85% in 2006 (6.5 million guests serviced by 414 hotels)
• Third most important re-export centre in the world - after Hong Kong and Singapore
• World-class restaurants, beaches and tourist attractions
Why Us
Just a few reasons
Investment Matching Service
Supply your budget and timescale and let us do the rest. We will supply a selection of options to choose from.
We are directly contracted to the developers we represent - no lengthy complicated chains
All payments and legal contracts are handled directly by the developer - we take no monies
We will place buyers in contact with the correct personnel at the developers offices
We offer after sales services
We provide currency conversion at excellent rates through leading known companies
Investment Matching Service