Business Bay Commercial Property
Dubai real estate.

PROPERTY HIGHLIGHTS

• The Business Bay is the region's business capital. Its objective is to meet the needs of multinational, regional & local companies
• Luxurious residential towers
• 100 per cent exemption from personal income tax for 50 years
• 100 per cent exemption from corporate taxes for 50 years
• 100 per cent foreign ownership
• 100 per cent repatriation of profits
• Dynamic international community

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Executive Bay, Business Bay, Dubai

Business Bay
The Business Bay is the region's business capital. Its objective is to meet the needs of multinational, regional & local companies looking to establish their headquarters within the region. The Business Bay is the world's new corporate address for the region.

Ref.No IPDDCC8
Executive bay, Business Bay

Business Bay :

The Business Bay is the region's business capital. Its objective is to meet the needs of multinational, regional & local companies looking to establish their headquarters within the region. The Business Bay is the world's new corporate address for the region. The original creek reflects the old Dubai and is considered the symbol of the emirate of Dubai as the same was the source for multiple functions or aspects. The business Bay will be a continuity to Dubai's creek story of glisten/glory given the fact that the project will be launched directly on the new creek; containing many facilities such as residence, retail, multinational and regional HQ's existence The Business Bay is an extension to the existing Dubai Creek and will be built around a new creek extending to Sheikh Zayed Road. It covers more than 63 million square feet of development plot area. Once completed, Dubai 's Business Bay will feature more than 500 towers.

Free Zone: (Not a free zone yet, however there is indication that this zone will convert into Freezone)

  • 100 per cent exemption from personal income tax for 50 years
  • 100 per cent exemption from corporate taxes for 50 years
  • 100 per cent foreign ownership
  • 100 per cent repatriation of profits
  • Dynamic international community
  • Opportunities for business interaction and networking
  • Opportunities for channel and market development

Free Hold:

  • 100 per cent foreign ownership
  • 100 per cent repatriation of profits
  • 100 per cent free hold
  • Dynamic international community
  • Opportunities for business interaction and networking
  • Opportunities for channel and market development

The Business Bay
Envisioned to make UAE a global commercial and business centre, the Business Bay is a new city within the city of Dubai and is created as a commercial and business cluster along the new extension of the famous Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road . Business Bay is a central business district in Downtown Dubai, featuring numerous skyscrapers located in an area where the Dubai Creek has been extended. The Business Bay comprises of 230 buildings, attracting commercial and residential developments including the Burj Dubai.

The concept
Dubai 's Business Bay is similar in nature to Manhattan or Ginza , which are the business centers for the cities of New York and Tokyo . The legendary Dubai Creek - an important aspect of Dubai's trading past that have shaped Dubai from a fishing and pearl diving center to international port; has been extended considering its significance as a trade centre that harbors the stance of Dubai as the business hub of the region. Business Bay is a symbol of Dubai 's progress as it embodies the crucial role the Creek played in Dubai 's past as well its future.

The initiative
The past few years have seen ambitious initiatives such as Dubai Internet City , Dubai Media City , Dubai International Financial Center and others. Business Bay is the cornerstone of the new economic push to extend the international role of the UAE. It was undertaken after extensive studies by some of the world's top consultancies, and reflects the ambitious vision of Dubai and the role that the UAE is looking forward to play as a leading international commercial and business centre.

The business needs
Business Bay is all set to fulfill the growth needs in medium to long term. Besides the growing demand of the local economy -- which is projected to achieve an average growth of 5-9% annually over the next few years -- the UAE is attracting increasing foreign investment. Hundreds of companies are setting up offices in Dubai every month and an increasing number of regional and international companies are working from the country. All this is creating a huge growth in demand that cannot be fulfilled by existing projects. That is why Business Bay has been launched to cater to the demands of business and retail & commercial industry. It also features fascinating canals to add to the magnificence of the project, attracting regional and international business ventures and multinationals.

The lifestyle
Life at Business Bay starts at the luxurious residential towers, designed to the highest standards and offering a lifestyle unimagined. From superb architectural style of each apartment to the breathtaking views just outside, life at Business Bay is intended for people that seek luxury in a vibrant community. Business Bay offers a successful lifestyle equipped with every amenity you need to make living a real pleasure.

The ambience
The residences and commercial enterprises at Business Bay feature high-tech working spaces, comfortable and luxurious residential units and modern facilities and amenities. The Courtyard at Business is the center of communal activities, providing play areas, arcades and landscaped plazas. The Courtyard combines contemporary architectural themes with exclusive amenities, while the Podium is a unique feature that links the residential towers and provides covered walkways, fountains and pedestrian-friendly paths.

Location
Business Bay is located off Dubai Creek and extends from Ras Al Khor to Sheikh Zayed Road . Business Bay is ideally located for international trade as one end of the development touches Sheikh Zayed Road with its office towers housing international firms and the financial institutions of the Dubai International Financial Center . International hotels such as the Emirates Towers and Shangri-La are also on Sheikh Zayed Road . On the Creek side, Business Bay is neighboured by Dubai Festival Center , a retail and leisure development, as well as being close to Dubai International Airport .



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


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