Landmark Properties
The Fairmont

United Arab Emirates
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About Dubai Moving to Dubai Freehold Properties in Dubai About Dubai Moving to Dubai Freehold Properties in Dubai
Landmark Properties is a Dubai based group specializing in all aspects of real estate. Landmark Properties offers professional services in the following real estate areas: residential leasing, commercial leasing, property and land sales, real estate investments and relocation services. Our offices are centrally located at the Fairmont Dubai on Sheikh Zayed Road.
Landmark Properties offers professional services in all areas of real estate activities in Dubai. We cater to the needs of both the individual and the corporate client. Landmark specializes in the following: Residential Rentals - Commercial Leasing - Property and Land Sales - Property Investments - Estimates and Appraisals.
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Dubai
Freehold Properties in Dubai About Dubai Moving to Dubai Doing Business in Dubai Market Info

Market Info

Dubai Economic Growth & GDP

Dubai's growing economy, diversification of GDP contributers, entrepreneurial opportunities and increased quality of life has attracted more and more people to call Dubai their home. The population has nearly doubled every 10 years since 1965, with close to 1 million inhabitants presently living within the city limits. News of the best kept secret in the Middle East is quickly spreading!

Top multinational companies find Dubai a great place to position their regional hub or headquarters due to the low corporate tax on companies registered in Dubai, or 100-percent foreign ownership and 50-year corporate and personal tax exemption in most Free Trade Zones. The tax benefit, in addition to the low commercial rents (as listed below in comparison to other international cities) makes relocating your company here almost irresistible.

Worldwide Office Rents
Location
Local Currency / Measure
Current $ per. Sq. ft
Current $ per. Sq. m.
London
P 70 sq.ft. p.a.
150.86
1,624
Tokyo (Inner Central) Japan
JY 35,000 tsubo p.m.
118.04
1271
Paris, France
e 686 sq.m. p.
81.91
882
Moscow, Russia
US$ 520 sq.m. p.a.
64.49
694
Dublin, Ireland
E 495 sq.m. p.a
60.23
648
Zurich, Switzerland
SF 840 sq.m. p.a.
59.14
637
New York (Midtown Manahattan)
US$ 57.13q.ft
57.13
615
Frankfurt, Germany
E 40 sq.m. p.m.
57.07
614
Mumbai
Rs 110 sq.ft. p.m
53.04
571
Hong Kong
HKS$ 25.16 sq. ft. p.m
52.38
564
Milan, Italy
E 440 sq.m. p.a.
51.74
557
Madrid, Spain
E 380 sq.m. p.a.
51.13
550
Boston (CBD)
US$ 48.65 sq.ft
48.65
523
Washington DC (CBD)
US$ 48.34 sq.ft.
48.34
520
Rome, Italy
E 350 sq.m. p.a.
42.18
454
Beijing China
US$ 33.13 sq.m. p.m..
36.93
398
Sydney
A$ 567 sq.m. p.a.
36.89
397
Mexico City, Mexico
US$ 28.00 sq.m p.m.
36.38
392
San Francisco (CBD)
US$ 31.88 sq.ft
31.88
343
Los Angeles (CBD)
US$ 27.78 sq.ft.
27.78
299
Istanbul, Turkey
US$ 15 sq.m p.m
24.03
259
Dubai, UAE
AED 70 sq.ft p.a
20.96
226

Dubai Population and Employment Growth

Dubai (in the United Arab Emirates) holds the top position worldwide for both population and employment growth, at 5.8% pa. and 8.3% pa. respectively (Figure 1). This rapidly expanding Emirate city-state has emerged over the past decade as a leading economic and trading hub of the Gulf States. Much of its success derives from a drive to create a favourable environment for business, and in providing the physical infrastructure to match.

Main Economic Indicators

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