Property in Dubai

Property News Section concentrates on the events in real estate dubai. Property in Dubai is hilighted fully through this section.

Thursday, December 31, 2009

Leasing of Single Business Tower in Dubai Announced by DIP

One of the leading developers in the UAE, DIP- The Dubai Investment Properties, has announced the beginning of the leasing process of their latest commercial development called Single Business Tower.

The company is to lease 248 office units and 7 retail units at their new tower on Sheikh Zayed Road.

According to Anj Viadi, the Property Manager of Single Business Tower, the tower has been completed much ahead of the scheduled date. The tower has been given its central location, elegant façade and the modernized interior serving as an ideal business location for various companies seeking brand recognition.

He added, “The building incorporates energy efficient and self-sustaining features, with 248 modern offices and retail spaces spread across its 45 storeys. The green building guidelines have been followed to ensure energy efficiency, the big French windows help in capitalizing natural lights, while glass panels help divert heat and minimizes A/C consumption. The Single Business Tower also has advanced security and fire protection systems that ensure security of tenants at all times.”

Apart from all this, the offices within the business tower are designed in a way that they ensure maximum space efficiency and functionality. There are a several amenities and service outlets have been added to compliment a functional business environment.

This will make the Single Business Tower an attractive option for the business seeking to establish their main branch offices offering round the clock management services, ample parking space propinquity to the Business Bay metro station and the awesome views of Arabian Sea and Burj Dubai.

Along with the first class office retail spaces, the tower also offers reception and concierge services to tenants, a conference room which is fully furnished, business lounge, separate gymnasium for men and women both, a multi-level car park for tenants, business services and other management facilities.

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Wednesday, July 8, 2009

World Class Group to Showcase Cyprus Real Estate Developments in Dubai and Lebanon

Investors from around the globe are finding great opportunities in investing in Cyprus. A new joint venture has come up by a Dubai based consultancy firm World Class Group. It has teamed up with a property portal centered in Cyprus, My Property Cyprus. They have created this advertising initiative in order to showcase country’s top real estate developments to various high net worth individuals throughout the Middle East. Cyprus Property Exhibition Center, CPEC is being created by Dubai firm as its marketing platform.

CPEC reduced the cost and provide seamless solution to the developers by developing a consortium concept by leading developers into what would have been a costly marketing experiment. It has been solved by creating advertisement partnerships. Property inspection trips to Cyprus will be promoted through this property exhibition center in order to view potential investment opportunities. This exhibition center will tour Dubai and Lebanon. It gets started from August 1, 2009 and an intensive tour of the region will be organized. These exhibitions will be held from mid August till September in one of the most exclusive hotels in Beirut for about one month. Potential investment opportunities are being viewed during 6 week campaign options for real estate developers to participate for full exhibition period or for 2 weeks as it is included in the available advertising options.

A new law has emerged allowing Non-Europeans to receive and purchase permanent residency visa for their family. Due to this, property investors in this region rediscover the opportunity presented by Cyprus as a golden gateway to Europe. According to the CEO of World Class Group, Michael J. Tolan, ‘Marketing strategies must evolve through similar cooperative initiatives like CPEC’.

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