Servcorp News 2014 | Office Rental Market Review - Dubai, Q2 2014 :: Office Rental Dubai

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Office Rental Market Review - Dubai, Q2 2014

July 2014 | Servcorp

Dubai, major business hub of the Middle East and the world, sees its office rental market continue to boom, as found in market research for Q1 2014. According to Knight Frank's ‘Q1 2014 Dubai Offices Market Update', “the prime office vacancy rate [in Dubai] edged down to 16% in Q1 2014.” This was in large part to “rising demand from corporates and SMEs”, which are always looking for the best areas to rent an office in Dubai. As for where those areas are, the research has been done and it's no surprise that “The office market in Dubai continues to see a ‘flight-to-quality', with the best performing locations being the DIFC and Burj Downtown” (Dubai Real Estate Market Overview Q1 2014, JLL).

However, with Dubai office rental prices on the rise, many companies are turning to the serviced office concept to enjoy physical office space without overhead costs. Essentially, serviced offices are fully furnished solutions with access to the expertise and support of a reliable business centre operator, all at a fraction of the cost of a regular office!

Servcorp is the world's leading provider of office solutions, and that is no different in Dubai, where its locations feature in the city's most sought after business districts. The iconic Emirates Towers, Habtoor Tower, and Boulevard Plaza Tower are the prestigious addresses that Servcorp offers its clients to rent an office in Dubai. Access to a global network of premium locations, fully trained IT staff, a dedicated support team, and the industry's most advanced, proprietary IT infrastructure; that's the Servcorp difference. When you rent a Servcorp office, managing office rental is no longer a daunting task. Servcorp takes the hassle out of organising the minor but necessary details when renting an office in Dubai, so that you can focus on what's important to you and your business.