The Business Bay
Business Bay is literally a city in Dubai, and is touted as being the city which will make the
United Arab Emirates
a big business and commercial marketplace. The Dubai Festival Center is
its closest neighbor. The business area extends right from Dubai Creek
near Ras Al Khor, to Sheikh Zayed
Road. It is promoted, and is maintained by the
Dubai Properties, a Dubai Holding member. In Dubai,
Business Bay is the primary commercial district,
and houses many high-rise offices in that locality. There are 230 buildings in
total at the Business
Bay, which attracts
residential apartment promoters, as well as international companies.
Concept of Business Bay
Business Bay
is to Dubai, what Manhattan
is to New York.
The famed Dubai Creek, a landmark in the history of Dubai’s
civilization which turned it from a pearl diving and a merely fishing center to
an overseas port, has been elongated taking into account the importance that it
holds as the primary commercial center of Dubai.
In fact, Business Bay has assumed the benchmark of the progression of Dubai; something that had
a great role to play behind the success of Dubai Creek.
Initiative behind Business Bay
In the recent past, Dubai has witnessed many great successful commercial
opportunities like the Dubai Media City
and the Dubai Internet City,
to name a few. But Business Bay assumes a significant importance in this respect,
as the project was initiated after careful study by top consultancy firms of
the world, and this reflects the long-term vision that UAE had regarding Dubai’s future.
Business requirements
The Business
Bay is touted to solve Dubai’s long run growth
plans. Owing to the annual growth rate of between 5% and 9%, United Arab Emirates is a
major attractor for foreign investors. Many international concerns are
increasingly setting up offices in Dubai,
which provides for many successful home companies as well. Such a development
has resulted in increased demand and less supply. This necessitates the
development of Business
Bay to cater to the needs
of the society. Besides, economic reforms are being made to attract foreign
capital as well.
Ambience of Business Bay
The ambience at the Business Bay, with luxurious apartments and
comfortable offices, speak for themselves. There is a courtyard in the area of
business which provides for many social activities, area meant for playing,
plazas and arcades. The rare marriage of new themes of architecture with latest
amenities makes a great attraction. Podium is yet another added feature that
connects residential buildings and allows for blanketed walkways and pathways
for people.
The location
As
mentioned earlier, the Business
Bay’s location lies away
from the Dubai Creek, and extends right from Ras Al Khor to Sheikh Zayed Road. This location is
appropriate for trading on an international scale since one corner of this
growth intersects Sheikh Zayed
Road, which is famous for the offices that it has,
the international companies, and also the international financial center
of Dubai. There
are many international hotels at Sheikh
Zayed Road as well, like Shangri-La and Emirates Towers. When it comes to the Dubai
Creek, Business Bay
has the Dubai Festival Center as its immediate neighbor, which is a
development in the leisure and retail field, and very much near the
international airport
of Dubai.William King is the director of Dubai
Property Rentals & Dubai Rents Properties: http://www.bayut.com/rent.html , Islamabad Property &
Real Estate Properties: http://www.zameen.com/Homes/Islamabad-3-1.html
, Dubai Business Bay Property Rentals & Business Bay
Real Estate Rents: http://www.bayut.com/dubai_business_bay_property/real_estate_properties-rent-5093-1.html and UK Wholesale Electrical Good
Wholesalers: http://www.wholesalepages.co.uk/ukwholesalers/Electrical_Goods-75-0.html . He has 18 years of experience
in the marketing and trading industries and has been helping retailers,
entrepreneurs and startups with their product sourcing, promotion, marketing
and supply chain requirements.