Developer offers 100,000 sqm to corporate sector in Downtown Dubai
Dubai - Emaar Properties, the world's leading real estate company by market capitalisation, today unveiled the Burj Dubai Business Hub - its second major offering for Dubai's booming corporate sector. The Business Hub, which is available for lease from Sunday, September 4, is forecast to become a top draw card for global corporations setting up headquarters in Dubai.
With 100,000 sqm of prime office space in the most exclusive address on the planet, the Business Hub offers tenants state-of-the-art facilities in one of the most desirable locations in the City. An additional 50,000 sq m of retail, food courts, and business services as well as an event lawn for corporate entertaining will be available.
The Burj Dubai Business Hub offers a working environment of ease for the needs of the fast-paced business world with features such as flexible lease options, ample secured parking, VIP drop-off area, express elevators, electronic access cards for parking and tenant areas and 24-hour security.
Naaman Atallah, Emaar Properties' Director of Sales, said: "The Burj Dubai Business Hub offers a superb address for businesses. It is at the centre of the new Downtown Dubai and minutes away from the new Dubai International Financial Centre and the Dubai World Trade Centre. It will soon become the first-choice address for business and a centre for commerce."
Combining commercial, residential, hotel, entertainment, shopping and leisure outlets in open green spaces, the 500-acre Burj Dubai Development offers everything to corporations who are looking to set up in the Business Hub. With a variety of residential options within the Development - from the modern style of The Residences and Burj Dubai Lake Hotel and Serviced Apartments to the traditional architecture of The Old Town, tenants can be in close proximity to their residence as well as numerous forms of entertainment.
As well as offering stunning views over the Burj Dubai, tenants will be able to take time out to sample some of the new Downtown Dubai buzz with walks along the 3.5km long, 73 metre wide Burj Dubai Boulevard - stopping to experience the street cafes, world restaurants as well as the eclectic styles of artists and colourful stalls.
With the forthcoming Burj Dubai monorail offering a pedestrian link to and from the station, the new Business Hub will be accessible and convenient for its corporate tenants.
Emaar has appointed Cluttons, the international property agency, to manage leasing of the Burj Dubai Business Hub office space.
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About Emaar Properties PJSC
Emaar Properties, the Dubai-based Public Joint Stock Company, is listed on the Dubai Financial Market and is part of the Dow Jones Arab Titans Index. Emaar is the No. 1 real estate company in the world in terms of market capitalisation. The company has witnessed tremendous growth since its inception in 1997 and boasts a rapidly growing tenant base. In June 2005, the company crossed the historic 10,000 mark on the number of homes handed over to satisfied customers. Currently, it has several major real estate projects under various stages of development in Dubai including Arabian Ranches, Dubai Marina, Emirates Hills, The Views, The Meadows, The Springs, The Lakes, The Greens and Emaar Towers. The company also owns and manages the Gold and Diamond Park. Emaar has started construction on its most ambitious project to date, the Burj Dubai Development, which comprises the Burj Dubai, The Dubai Mall, The Boulevard, The Old Town, Old Town Island, The Residences, Burj Views, man-made lakes and landscaped parks and gardens. The company also has joint ventures and projects across the region covering Saudi Arabia, Egypt, Jordan, Morocco, India and Pakistan.
While continuing to actively pursue expansion in its core business of innovative, high quality real estate development, Emaar has diversified into related business lines to further build value for its 41,000 shareholders, which includes the Government of Dubai. Emaar owns and manages three subsidiaries - Dubai Bank, focused on retail and commercial banking; EMRILL, a joint venture with the UK-based Carillion which provides innovative property and facilities management services; and Sahm, its IT services arm. Emaar is also the majority shareholder in Amlak Finance, UAE's first mortgage finance company. For further information, please visit www.emaar.com
For further information please contact:
Kelly Home
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide
In Middle East & North Africa
Tel: 971 4 335 5969
Ext: 456
Fax: 971 4 335 6080
E-mail: k.home@asdaa.com
Linsey Worgan
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide
In Middle East & North Africa
Tel: 971 4 335 5969
Ext: 456
Fax: 971 4 335 6080
David D'Souza
Manager - Corporate Communications
Emaar Properties PJSC
Tel: 971 4 367 3333
Fax: 971 4 367 3702
E-mail: davidd@emaar.ae
© Press Release 2005
