Dubai, October 1, 2005: Emaar Properties PJSC, the world’s number one real estate group by market value, today revealed that the strength of the response to its recently launched Business Hub had turned it into one of the most sought after projects within the Burj Dubai Development.
Emaar’s commercial leasing department reported that interest from international, regional and local businesses from across the corporate spectrum had been overwhelming since the office park’s launch a month ago. The interested parties have ranged from IT specialists to creative agencies and financial corporations.
The strength of interest is rapidly turning the hub into one of the most desirable business addresses in Dubai. Shoaib Al Rahimi of Emaar Properties, said: “The response has exceeded expectations. The fact that we have had so many expressions of interest reflects not only the high quality of the hub’s superb facilities and prime location but also the attractions of Dubai for the corporate world.”
The six-building Business Hub located at the heart of the Burj Dubai Development, offers businesses a series of outstanding features, including views of the Burj Dubai tower, superb dining and entertainment options and the opportunity to make a lasting impression on clients. With already over 50% of its structural works complete, the Business Hub will be ready for handover in February 2007.
With a gross area of approximately 1.5 million sq ft of prime office space as well as retail, food courts, and business services, the Business Hub will set the benchmark for future corporate developments. Features such as flexible lease options, ample surface and underground secured parking, VIP drop-off area, express elevators, raised floor, flexible floor plates of 27,000 sq ft each, electronic access cards for parking and tenant areas and 24-hour security all add to the mix.
The Business Hub is ideally positioned close to the Dubai International Financial Centre (DIFC) and the World Trade Centre to meet the needs of medium to large businesses. It is expected to become the number one address for enterprise and commerce. The forthcoming Burj Dubai monorail, offering a pedestrian link to and from the station, will add to the hub’s attractions, accessibility and convenience.
The Business Hub is a distinctive feature of the 500-acre mixed use Burj Dubai Development, Emaar’s most ambitious project to date combining commercial, residential, hotel, entertainment, shopping and leisure outlets in open green spaces dotted with lakes and numerous water features.
