Dubai leaders long for a day when their city is considered to be the Business Capital of the Middle East. In order to make a dream a reality, they launched Business Bay project, costing $30 billion and with a vision of hosting thousands of businesses. The bottom line was to turn Business Bay into the “IT” spot for Middle Eastern business leaders.
Developers in Business Bay had the prototypes of the project in their minds – Manhattan or Ginza which are the business epicenters respectively of New York and Tokyo. Similarly, Business Bay is designed to bring more relevant impact and activity to the city as, e.g., Manhattan’s financial district does. And, with nearly 47 million square feet at their disposal, there’s certainly plenty of room for that to happen! As an added benefit, Business Bay is located between Sheikh Zayed Road and Al Khail Road. It’s a prime spot, just south of the already-vibrant Downtown Dubai.
The natural wonder doesn’t bypass the project, too. Being sited on the banks of historic Dubai Creek, its location becomes even more eminent, since this water miracle has played an irreplaceable role in Dubai’s history turning the city from a mere fishing and pearl diving center into something more- international port. All Business Bay needs, to live up to its potential, is high-quality tenants.