Orange Real Estate has a specialist commercial property division focusing exclusively on the most current and prime commercial properties available. We can alert you to the pre-launches of up-and-coming key commercial developments.
Commercial Property in Abu Dhabi
The UAE as a whole has received intense international publicity and experienced rapid growth during the past few years. Much of this has been driven by changes in the law, allowing property ownership by non-UAE nationals.
Demand for property in the commercial sector is now soaring as the Abu Dhabi government starts implementing its plan to diversify the economy - placing emphasis on developing tourism, industrial and real estate sectors. In the longer-term (by 2030), Abu Dhabi aims to overtake Dubai in terms of infrastructure and development.
The "new" capital of Abu Dhabi will consist of six key districts: the CBD/Financial District, Lulu Island, the Grand Mosque District, Saadiyat Island, the Capital District and the Airport District.
New office space will be distributed equitably between Al Suwwah, Al Reem, Al Mina and the existing "downtown" CBD. >> more
Commercial Property in Dubai
Dubai continues to entrench its position as the Middle East's financial and business centre.
The lack of office space has meant that selling prices and rents of commercial property remain highly attractive. Most primary and secondary grade space is enjoying near full occupancy from existing businesses, new tenants and those wishing to upgrade. 2007 saw rent rises in the region of 40% while prices for freehold office space rose by around 17%.
Location, as always, is the key determinant of rents charged, although excess demand has been fueling rents for secondary properties in weaker locations. The delays in completion of commercial supply mean that the short-term outlook is sound. >> more
