Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

Dubai named among best cities for business

29.01.2016
Dubai named among best cities for business
Knight Frank has named Dubai one of the best cities for business and investment.

The Global Cities 2016 Report from the world’s renowned consultancy Knight Frank named Dubai among the five best cities for business and investment in real estate.

According to Knight Frank, international investors’ attention in the near future will focus on the developing cities like Dubai. Among other global centers most attractive for real estate investors there are also Kuala Lumpur, Bangkok, Nairobi and Moscow.

"Dubai is developing mega projects, mainly airports, in order to maintain the momentum behind its commercial success," says Hafeez Abdullah, Chairman of The H Holding Enterprise, one of the renowned investment groups in the Emirate. "The emirate is playing a dominant role in building new business districts, developing new residential projects, shopping centres, leisure facilities, and offices."

"Dubai realty market is well geared to tackle difficult market situations. We are witnessing strong interest from investors keen to benefit from lower market prices," Abdullah added.

A special role in Dubai’s future development Knight Frank report gives to a further expansion of the Dubai international airport and the neighboring aerotropolis Dubai South, which encompasses thousands of square feet of residential, commercial and hospitality real estate. In 2014, Dubai International Al Maktoum Airport became the busiest airport in the world having outperformed even London’s Heathrow: in 2014 Dubai Airport handled 70 million passengers and this number is growing every year.

Over the past 15 years, Knight Frank report said, Dubai had become a city of superlatives in many sectors: the world’s tallest building Burj Khalifa was constructed here, as well as the largest mall in the world, and the largest man-made island, while a number of other astonishing projects are planned for completion in future years. Thus, in the coming years, Dubai will stay among the world’s leading centers for business and investments.

"We see a promising 2016 ahead, though at a slower pace of growth, given the market scenario. We believe this is normal, and could be a natural stabilisation in any realty market around the world," Abdullah said.

Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management