Cayan Business Centre Dubai AED 120 Million Ready For Handover

With a number of commercial real estate developments meeting with delays, and the commercial freehold property market already suffering from a recession defying shortage of office space, news of new commercial developments is always welcome. With residential property seeing prices drops of up to 60%, one might have expected commercial property to follow a similar pattern. However with market demand far outstripping available supply at the current time, commercial property has been spared any large price falls. Even with the global economic recession in full flow, businesses still see expansion into Dubai as a part of their strategic plans. With numerous tax benefits and business incentives, Dubai’s business appeal continues to grow in what are hard times for many companies.

Yet despite all this demand Dubai properties are still playing catch up, with a large number of projects at much anticipated developments at Business Bay, meeting with delays and other developments in Dubai seeing projects put on hold or canceled. Therefore news that Cayan Developments have reached completion on its AED 120 million Cayan Business Centre is certainly welcome in the marketplace. The development which is located off Sheikh Zayed Road at TECOM is a super modern 12 storey building that has been designed with providing a good working environment first and foremost. With a large glass atrium located at the centre of the building, all offices enjoy the benefit of natural sunshine. With underground parking, 24 hour security, high speed elevators and retail outlets all included, Cayan Business Centre has most things well coved and should go down well in the Dubai real estate market.

Offices here are now available for renting, and those interested will find the terms negotiable and flexible, further enhancing the developments appeal. And with Cayan developments behind the project, investors know they are dealing with an award winning developer that has a proven track record. Having previously won awards including ‘Best development in Dubai’ and ‘Best architecture’ and only recently having handed over other developments such as Dorrabay and The Jewels at Dubai Marina, the company has certainly delivered in the past. Whilst commercial property options still aren’t extensive and more property is needed to meet demand, the property that is coming onto the market certainly won’t disappoint those interested in having an office in Dubai.
 

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