New Expansion to Meet Market Demand
Central Park Towers, DIFC, announced its latest expansion with new furnished offices on Level 31. The company said the expansion will meet the region’s booming commercial real estate market, reflecting the city’s thriving economy. The fourteen fully equipped office apartments at the new Level 31 range from 1,000 to 1,700 square feet. The level features a creative outdoor deck and meeting rooms for modern businesses.
Strategic Location and Connectivity
The company said Central Park Towers provides businesses with unrivaled connectivity and convenience at the heart of DIFC, a prominent financial center for the Middle East, Africa, and South Asia.
Meeting the Surge in Demand
“We’re witnessing a surge in demand for premium office space,” said Nemo Stojanovic, Director of Leasing and Marketing at Central Park Towers, DIFC. “Established firms are upgrading or expanding, while new businesses are setting up in Dubai. The city’s dynamic environment, strategic location, and diverse opportunities make it a haven for entrepreneurs and investors. Our new furnished level caters directly to these needs and more,” Stojanovic said.
Prestigious Tenants and Events
More than 190 prestigious businesses, including the Federal Tax Authority, Ministry of Economy, Al Tamimi & CO, Tabby, Marriott, and Bank of Singapore, are housed in Central Park Towers, DIFC. Beyond diverse dining options, cafes, and amenities, it boasts state-of-the-art event spaces hosting prestigious gatherings for brands like Audemars Piguet, Loewe, YSL, Prada, Sephora, Ray Ban, and PepsiCo.
Dubai’s Thriving Commercial Real Estate Market
The Dubai Land Department’s (DLD) Q1 2024 commercial real estate report highlights the emirate’s status as a premier business location with an 8% rise in office space transactions over the same period last year.
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Conclusion
With newly refurbished office space on level 31 of Central Park Towers, DIFC is Dubai’s real estate development and positioning as a global business hub. This expansion caters to the growing demand for premium office space, reinforcing DIFC’s position as a leading financial hub in the region. Central Park Towers’ prime location, state-of-the-art facilities, and tenants’ range continue attracting established companies and new businesses. As Dubai’s commercial real estate market grows, it will support the emirate’s economic growth and establish its reputation as an internationally strengthened business hub.
