Hi again,
Some more long winded thoughts.
I have been up in our site office for Business Bay, and I am telling you without a doubt, Business Bay will be the place to be in the coming years! You have to see it to believe it. Whoever I have taken up there to explain Business Bay has been in awe of the place, and it is not even completed. JLT, and Marina are great areas, but Business Bay will be awesome. My clients may have been a bit hesitant about Business Bay, but all have now confirmed that they want to be in Business Bay either as an end user, or most certainly an investor. I am going to visit the site tomorrow with a camera and I will put the pics up on the site.
JLT and Marina are still good investments. Both commercially and residentially. For investment in the long run, Business Bay is the place to be. To be honest, I think that you found a rock anywhere in Dubai and put money on it, it would be considered a sound investment.
A lot of investors and end buyers in the residential market are looking towards Abu Dhabi as well. Especially around the border to Dubai. Property there is relatively cheap and it is very close to Dubai. People who work in Jebel Ali free zone are looking there instead of coming through the Dubai traffic.
With the information that I have given above is my opinion and also made up from feedback from some of my clients and colleagues in the industry. Please do not take my words as gospel, but let them make you think about your investment. If you want to know more about the projects that I deal with, then please email me on
ratib@tsa.ae. Apologies to the people who have asked me questions that I have not had a chance to answer. I will do so soon.
When I get a bit of time, I will try and cover the main areas in Dubai in detail. Just give me time.
Ratib