Business Bay Apartments
The Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashed Al Maktoum, who is also the UAE Vice President, the Prime Minister, and Minister of Defense, was the one who had the inspiration for Business Bay and to create a luxury apartment and office development. His ideas are being realized so the UAE can become a global center for trade and business. Business Bay Apartments will be located along a new part of the well-known Dubai Creek, which extends from Ras Al Khor to Sheikh Zayed Road, and it will have both residential and commercial business areas.
The infrastructure for this new 64 million square feet Dubai property development will consist of a network of roads, walkways and canals with beautiful gardens, so the office buildings and residential apartment towers will be well-connected in a central location.
The atmosphere in this development will complement the splendor of the project to establish a productive setting and infrastructure for global companies that want to set up their corporate headquarters at Business Bay and for staff who want to live in apartments near by. Business Bay in Dubai can be compared with Manhattan and Ginza (the business districts of New York and Tokyo).
The success of Dubai has always relied on the Creek in a major way. In the 1970s, the dredge of the Creek resulted in the initial, amazing transformation of Dubai into a global center. This new addition to the Creek is assumed to lay the foundation for an important role for Dubai in the league of worldwide business cities.
In the past few years, we have already seen impressive Dubai property developments like Dubai's Internet City, Dubai Media City, Dubai International Financial Center, Dubai Healthcare City, and the Jumeirah Beach Residence, all of which contribute to the important position Dubai will take in local and global levels.
In an effort to increase the global importance of the UAE, Business Bay will play an important role. The Business Bay development was started after studies by major global consultancy agencies, and it represents the UAE's plans to make Dubai city of global importance.
This ambitious development, together with the business-friendly rules and regulations in the UAE, is anticipated to draw a significant amount of local and global companies.
Business Bay will also cater to the requirement for growth in the near and far future. International investment is on the rise in the UAE, and the domestic economy is growing (expectations are that an average growth of 5-9% annually will be realized in the coming years).
Each month, hundreds of new businesses are setting up an office in Dubai, and both the amount of local and global businesses working from Dubai is growing. Ongoing development and projects in place already can not cater to the new demand that is the result of all this. And Business Bay is planning to meet this new demand to a large extent.
If you are interested to buy (and perhaps later on sell) luxury Business Bay Apartments then do get in touch. We're sure our extensive property listings will include the property and accommodation you are looking for and we are always ready to assist contact us below.
The Business Bay Google Locator Map & Satellite Imagery Here.
