The Business Bay
Envisioned to make UAE a global commercial and business centre, the Business Bay is a new city complex within the mega city of Dubai. This area has been created as a commercial and business cluster along the famous Dubai Creek extending from Ras-Al-Khor to Sheikh Zayed Road. Developed and managed by Dubai Properties, a member of Dubai Holding, the Business Bay is a central business district in Downtown Dubai. It features numerous skyscrapers located in an area where the Dubai Creek has been extended and is widely viewed as an example of prime commercial property in Dubai. The Business Bay comprises of 230 buildings, attracting commercial and residential developments including the Burj Dubai. If you want to buy property in Dubai or want to buy properties in Abu Dhabi, then the Business Bay would be a great real estate investment in Dubai.
The Concept
Dubai's Business Bay complex is similar in concept to Manhattan or Ginza- the business centers for the cities of New York and Tokyo respectively. The impressive Dubai Creek - an important aspect of Dubai's trading past, has been instrumental in shaping Dubai from a fishing and pearl diving center to an international port. The extension in the Creek has been largely based on its significance as a trade centre harboring the stance of Dubai as the business hub of the region. The Business Bay is a symbol of Dubai's progress as it embodies the crucial role the Creek played in Dubai's past and envisions its role in the future of Dubai.
The Initiative
The past few years have seen ambitious initiatives such as Dubai Internet City, Dubai Media City, Dubai International Financial Center and others in this influential U.A.E commercial property. The Business Bay is the cornerstone of the new economic push to extend the international role of the U.A.E. It was undertaken after extensive studies by some of the world's top consultancies, and reflects the ambitious vision of Dubai. It is also the embodiment of the role that the U.A.E. is looking forward to playing in the eyes of the international business community- as one of the leading commerce and business centers of the world.
The Business Needs
Buying properties in Dubai in the Business Bay area is a really great investment initiative as it is all set to fulfill the growth needs from medium to long term. Besides the growing demand of the local economy- projected to achieve an average growth of 5-9 percent annually over the next few years, the U.A.E. is attracting increasing foreign investments making U.A.E. properties for sale hot spots for investing your money in.
Hundreds of companies are setting up offices in Dubai each month and an increasing number of regional and international companies are working from within the country. All this is creating a huge growth in demand that cannot be fulfilled by existing Dubai property investment projects. Business Bay was launched to fill this void and cater to the demands of business and retail and the commercial industry. It also features a network of canals adding 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 an unparalleled and unimagined lifestyle. From the superb architectural style of each apartment to the breathtaking views just outside, life at Business Bay is intended for people who seek luxury in a vibrant community. Business Bay offers a successful lifestyle equipped with every amenity you need to make living in any U.A.E. residential properties a real pleasure.
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