Business Bay: Manhattan of Tomorrow
Prologue:
A gem stone rising near Dubai and a part of the vision of HH Sheikh Muhammad Bin Rashed Al Maktoum, the Vice President of UAE, for modern UAE. The Business Bay, a project of Dubai Properties, has an area of 64 million square feet with fascinating landscape gardens to a wide network of roads to beautiful canals. The ambience will be designed to the magnificence of the project and provide a highly conducive environment and infrastructure for businesses from around the world to set up their local, regional or international headquarters at Business Bay.
Inclusions:
The business bay project has everything but only business centers. It is offering residential, commercial and hotel towers right now besides upcoming projects.
Overlooking the new creek, the Executive Towers kick off the first phase of the epoch-making Business Bay. Its an impressive cluster of towers that features 11 residential towers, 1 luxury hotel tower, two level shopping mall, clinics and health clubs. Hospitality is an extremely lucrative industry. Business Bay Hotel is another multi-storey tower at business bay to add style, luxury and comfort for executive living.
Features:
• 5 star hotel
• 27 floors
• 303 Executive Rooms
• 14 Luxury Suites
• Trendy Coffee Shops, Two Specialty Restaurants, Tea Lounge & Bar, Ballroom, Conference Room, Health Club, and Spa units for men and women.
Vision tower the 51-storey skyscraper will be a freehold office tower with office spaces from 5,000 to 12,000 square feet, built on an area of 592,000 square feet (55,000 square meters).
Business Intensification:
Dubai Business Bay project similar in nature as the mega city New York has the Manhattan for businesses or as Tokyo has Ginza. Dubai has evolved as a regional and international business hub. This mega project will further strengthen the image of Dubai and UAE as a leading international commercial and business centre.
Business Bay will fulfill the growth needs in medium to long term. Besides the growing demand of the local economy…which is projected to achieve an average growth of 5-9% annually the UAE is attracting increasing foreign investment. as from last few years as about 500 UK based companies have set up their offices in Dubai. All this is creating a huge growth in demand that cannot be fulfilled by existing projects and those under execution without the development of Business Bay.
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