| An important aspect of the real estate market in | | | | right in the heart of Dubai. The advantage of |
| Dubai is the commercial property. The importance | | | | Dubai is the fact that the city has world class |
| of commercial property in the real estate market | | | | business structures that attract plenty of foreign |
| can never be stressed that much. It is due to the | | | | investment. Eventually more such business |
| existence of these commercial properties that the | | | | structures are expected to grow in the city and |
| real estate business of Dubai is what it is today. | | | | things are likely to take a turn for better. |
| As of now, commercial properties in Dubai are still | | | | With the increase in the occupancy of the number |
| on the rise. | | | | of commercial centers coming up, space has |
| Irrespective of the high priced commercial | | | | become a big issue in the real estate industry. |
| property in the city, few problems still plague the | | | | Almost all the available room is being currently |
| real estate arena. For example, the commercial | | | | taken up by big commercial structures leaving |
| property hub of Dubai like Jumeirah Lakes towers | | | | hardly any room for new buildings to come up. |
| as well as Discovery Gardens are facing water | | | | So, this cramp in space is yet another issue that |
| and electricity problems. Investors are buying | | | | can pose a threat to the commercial property |
| commercial properties in these areas at a much | | | | development of Dubai. Although, previous |
| higher rate. The problems still linger on. | | | | occupants of the Dubai commercial estates like |
| Shortage of electricity and water are two things | | | | Star Bucks as well as Fitness First are making |
| that must be taken care of if the Commercial | | | | pretty good business as of now. |
| properties in the city of Dubai are to experience | | | | According to a recent report published in the |
| the boom. Despite of the problems that plague | | | | commercial real estate field, the prices of |
| the commercial property environment, a positive | | | | commercial properties have skyrocketed |
| trend has emerged out of all this and it looks | | | | dramatically over the last year or so. Wrapping |
| pretty promising as well. The commercial real | | | | things up, we can say that the Dubai commercial |
| estate boom is taking commercial real estate | | | | real estate property boom is pretty much set to |
| properties towards a world class business hub | | | | continue. |