The real estate and property market Dubai is back on its track and is performing steadily after the disastrous effects of the global recession. Although there was a time when the market crashed badly but since the demand of real estate in Dubai is continuously on the rise the market has recovered quickly. This became one of the main reasons why the real estate investors continue to invest in the real estate and property Dubai. Another reason for more and more investments to enter Dubai real estate is its attraction for buyers which has constantly kept the demand for real estate in Dubai on a higher side. The tourism industry of Dubai has offered great help to the real estate business in this regard as it is tourism mainly due to which the demand of real estate in Dubai is continuously on the rise. Also the reason that Dubai offer very peaceful and business friendly environment along with a consumer base of more than average purchasing power further attracts and encourages business organizations and multinationals to make their presence available in this part of the world. And since there are developments like Dubai Media City, Dubai Internet City, Business Bay and many more which provide an ideal opportunity to start a new business as they are located in free zones in Dubai and are exempted from taxation.
The Business Bay property in Dubai is a well known development built with a theme to promote business activity and to serve as a central business district for the whole of the Middle Eastern region. Being a mixed use complex the Business Bay property consists of a number of tall rise buildings to accommodate both commercial and residential purpose. Comprising of more than two hundred and thirty towers the development is expected to accommodate more than one hundred and ninety five thousand people. Also to provide transportation and easy access to the rest of the city Business Bay has been connected to the red line of the Dubai Metro service. Covering an area of more than forty seven million square feet the project is expected to cost more than one hundred and ten million AED.
Office for rent in Dubai and suits, are among the best options available in the real estate market and offer all the required facilities that one would look for in a commercial property. This is why office space in Dubai is considered among the best commercial properties in Dubai. Similar is the case with the residential units as Business Bay apartments and flats offer sheer luxury, comfort and class to its residents and have become a symbol of lavish life style. It is due to these reasons that the Business Bay development has become the most favorite real estate option for buyers in the real estate and Dubai property law market Dubai as they offer an exclusive life style work people can live and work both at the same time and that too in a safe and secure business friendly environment of Dubai.
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