Dubai is not just a city - it is a brand, a legend, and one of the most incredible megalopolises in the world. The largest metropolis of the UAE, Dubai literally grew up in the desert about 20 years ago. Known as a “city of records”, Dubai has the highest building in the world, the most expensive hotel in the world, the largest shopping center, a hotel with underwater rooms, huge artificial island, and many other exciting attractions. Thanks to the beneficial location between Asia, Africa, and Europe, this city has become kind of a bridge between these markets that turned it into a significant investment and tourism center.
Around the globe, this city is known as one of the richest in the world. It is filled with an atmosphere of wealth, money, power and extremes. Though Dubai became famous as a leader of oil export, nowadays this sector of the city's economy produces only 6% of total GDP. The sources of Dubai’s thriving economic development come together in a complex: its trade, transportation and communications, real estate, construction, and tourism. The last one plays a crucial role in Dubai’s today`s success. No place in the world could overcome Dubai in the number of luxury hotels, and of course, speaking of the hotels we shall mention Dubai’s landmark and its pride – the Burj Al Arab.
It is no wonder why Dubai is the world’s alpha city with the extensive commercial real estate market. It has a countless number of business centers and A-class office space for rent. As the town is comparatively new, all these office buildings are rather modern and impress tenants with their conditions and number of advantages. Moreover, the infrastructure of Dubai is unrivaled with the world's largest human-made port (Jebel Ali) and the busiest passenger terminal. Major UAE banking and financial institutions are also situated here, which creates a perfect business environment. Dubai is a city of future and a real example of successful use of the resources.
The favorable conditions that brought Dubai to global economic success still attract many foreign investors. The city remains a key to international business market, the world of trade and finance, as well as a center of innovations and startups. As of today, the Dubai government still works on the implementation of projects to make the city even more appealing investment-wise. The creation of free economic zones gives the possibility for overseas investors to do their businesses with full property rights, tax incentives and full repatriation of capital and profits. Thus, considering the demand, commercial property for rent in Dubai is one of the most varied and there are many options on offer. We will be happy to help you find the best commercial leases in Dubai. Do not hesitate and contact the providers on our website for more info!