Dubai: Shaikh Ahmad
Mohammad Zayed Saqr Al Nahyan, Chairman of Reef Real Estate Investment
LLC, announced Tuesday the launch of R-Serviced Offices in Dubai.
"Our
objective is to offer prime commercial space in key business districts
in Dubai and Abu Dhabi followed by other business hubs in the GCC and
subsequently the emerging markets across the world," Shaikh Ahmad said.
R-Serviced Offices'
flagship operation consists of 188 premier offices in Al Reef Tower - a
commercial development located in the prestigious Jumeirah Lakes
Towers, within the Dubai Metal and Commodities Zone. The fully
furnished offices range from 12.3 square metres to 41.04 square metres
in size and include private guest reception areas and 12 meeting rooms.
A dedicated team is at hand to support resident companies.
"Serviced offices hold
a high potential for growth as companies seek to become more efficient
and flexible in their use of space. The growth is the result of
structural change in the occupational office market, driven by
increased business uncertainty, technological advancements and changes
in accounting rules. We are looking at 100 per cent occupancy at
R-Serviced Offices by the first quarter of 2010," said Shaikh Ahmad.
A recent report by Reuters
confirmed that Dubai is the second most expensive office market in the
Europe, Middle East and Africa region. In such a scenario, serviced
offices are the most cost-effective way to create an 'instant' Dubai
office. The monthly rent for R-Serviced Offices ranges from Dh8,000 to
Dh10,000 and includes a wide range of benefits such as use of common
areas like reception areas, a business lounge, service areas and
receptionist services.
