Emaar meets growing demand for quality commercial space

Published March 6th, 2006 - 05:30 GMT

Emaar Properties, the world’s largest property development company, has announced the release of 200 commercial offices as part of its Gold and Diamond Park expansion. With 70 per cent of the expanded Park dedicated to commercial offices, today’s announcement sees Emaar boost Dubai’s thriving corporate sector by introducing to the market premier business space in Dubai’s new growth corridor.

 

With small to medium sized commercial offices starting from 400 sq. ft. and reasonable lease rates, the Gold and Diamond Park will become a key commercial location and help meet Dubai’s huge demand for quality business space. A characteristic of the commercial offices on offer will be its large floor to roof windows that optimize natural light and create an airy and vibrant working environment.

 

“The Gold and Diamond Park is ideally placed within Dubai’s new growth corridor to take advantage of the booming commercial sector in the Emirate. Within close proximity to the financial quarter as well as Internet and Media City, Emaar’s latest commercial offices will add a new dimension to the business world of Dubai and are a perfect base for other nearby commercial ventures,” said Ahmad Al Matrooshi, UAE Managing Director, Emaar Properties.

Following the tremendous success of the Gold and Diamond Park over the last four years, Emaar is expanding the site with 154 manufacturing units for jewellery and 52 retail outlets as well as the additional commercial offices. All of which will be ready for occupation by July 2006.

 

Located off interchange four on Sheikh Zayed Road between the Dubai World Trade Centre and Internet/ Media Cities and nearby the recently opened Mall of the Emirates, the Gold and Diamond Park is an ideal location for business and provides easy access to local markets. The Park has excellent accessibility links and easy access to all of Dubai’s main transport routes, including Jumeriah Road and the Emirates Ring Road.

 

Since the Gold and Diamond Park was first established in May 2001, it has emerged as the heart of the gold and diamond industry in Dubai and has outgrown its original 38 retail outlets and 118 manufacturing units. The Park has proved itself to be one of Dubai’s most popular shopping and tourist destinations as well as the centre of a thriving industry.

 

“Commerical offices will also be able to avail of the amenities located within the Park which include coffee shops and restaurants, an open courtyard, outdoor seating areas, above ground and underground parking as well as 24-hour security,” added Al Matrooshi.