Archive for the ‘dubai real estate’ Category

Dubai’s real estate

April 29, 2008

As part of its monthly networking event, Dubai’s real estate professional association, today hosted a seminar to discuss Dubai commercial property market and the relationship between developers, occupiers and investors.With the emergence of Dubai as a regional and global trading hub attracting international tenants, the need for commercial space has become great, whether it is offices, showrooms, warehouses or any type of commercial property. Changes in the legislative framework, with the introduction of the new property law, has also enabled more investors to have access to this market through either direct or indirect investment vehicles.There is much debate, however, about the supply vs the demand characteristic of Dubai office market, at times, it is widely reported that Dubai has zero percent occupancy in this prime office sector.