The emirate of Dubai is rapidly catching up to cities like New York and Tokyo in terms of infrastructure, economic wherewithal and potential. Situated at the crossroads of the East and the West, Dubai is strategically vital since it connects markets as far flung as London, New York, Tokyo and Hong Kong. Despite the warning of the global economy, Dubai continues to shine and its future prospects seem to be brighter than ever before. Mainly owing to its developmental activities, the region is attracting people from diverse corners of the world in search of a better mode of living.

The present population of Dubai is over 1.7 million. As the emirate continues to flourish, generating more employment opportunities, we expect a similar rise in demand for residential and office spaces.

Rents in Dubai have grown phenomenally in recent years. Rental yields for property in Dubai ranges from 7 to 10% with residential returns at the lower end and retail yields at the higher end. They are among the highest in the world, much higher than the UK and the USA. Dubai currently shows zero occupancy level for office properties. The available commercial space in the emirate is approximately 1.72 million sq. ft. However, there is a pent up need for an additional 7.29 million sq. ft.

Rents – residential and commercial - in Dubai are determined mostly by the location of the properties, their finishes and ultimately the developer.