Hamptons International strengthens its UAE commercial property portfolio

Hamptons is showcasing an extensive roster of commercial property in Dubai, many of them completed and ready to occupy, and has also appointed Ms Louise Key as Commercial Sales & Leasing Manager. The establishment of the Commercial Sales & Leasing Team signals the diversified growth model that Hamptons is implementing in the region.

Mr Nasser Abdul Rahman Rafi, Managing Director, Hamptons International - Middle East, said: "The dynamic of the property sector in the region continues to evolve, and the UAE is looked on favourably by international investors and businesses. The concerted efforts of the UAE government to strengthen non-oil trade serve as an encouragement for investors to set up business in Dubai."

Hamptons already has a strong portfolio of residential projects across several key markets in the world and the international network of the company through 85 offices world-wide enable it to market to a wide cross-section of buyers. Apart from representing leading commercial property master-developers with projects such as Downtown Burj Dubai, Business Bay and Jumeirah Lake Towers, Hamptons is also working with third-party developers to offer a wide choice of office space and industrial properties.

Ms Key said:

"Market research shows that, despite the global financial situation, Dubai is still an attractive business destination. The tax-free environment and various enterprenurial initiatives such as the creation of industry-specific free zones, are strong incentives for business. The growth projections for Dubai and the focus on diversified industries indicate that there is room for sustained demand in the near future, which Hamptons will meet through our diversified portfolio."

From her extensive experience working for individual clients and corporate investors in the commercial market in Dubai, Ms Key assists in determining the right fit for businesses, in terms of the best location, licensing regulations and commercial options available. "With the completion of a number of commercial properties in the past few months, businesses now have a number of choices of location instead of having to depend on whatever limited commercial space was available. This reiterates the importance of professional commercial leasing and sales services as we can guide businesses better and enable smoother setting up of offices," she said.

Hamptons International, with its local headquarters in Dubai, offers the entire spectrum of realty services including: residential leasing, property and facilities management, international property portfolio, residential sales, research and feasibility studies, commercial sales and leasing, valuations and appraisals, and mortgage referrals.