By Parag Deulgaonkar www.emirates247.com
More than half of the total upcoming office space between 2013 and 2015 will be delivered in Business Bay, according to a new report.
“The majority of upcoming office space in 2013-2015 will be in Business Bay (56 per cent of total upcoming supply). Other locations that will see new office supply are DIFC (10 per cent), JLT (10 per cent), Dubai World Central (7 per cent) and Dubai Investment Park (5 per cent),” Jones Lang LaSalle, a global real estate consultancy, said in its second quarter report on Dubai real estate market.
Activity in Business Bay continues to increase as the area offers more space availability and the surrounding infrastructure has been now completed. More info