Creating the Middle East's new hub for design and art whilst bridging international markets and local design.
Dubai Design District is adjacent to the Business Bay area of Dubai with the dedicated focus of developing the Dubai fashion, design, architecture and luxury sectors. This new design hub benefits from an independent, business-friendly regulatory scheme under the Dubai Technology and Media Free Zone Authority.
d3 is in the heart of new Dubai, only a couple minutes from the Dubai Mall and its annual 75 million visitors. Access from Dubai International Financial Centre takes only 5 minutes, and traveling from Dubai International Airport is only 15 minutes. The Dubai Design District is connecting international markets and local design, the primary location for Dubai’s growing creative industry. Fashion, Luxury, Art, and Design, are all strategically catered for with tailored property to provide the ultimate platform for the creative industry.
Dubai’s office market continued to witness limited demand in the first quarter of 2019, this has meant that pressure on offices rents in Dubai has been sustained over this time period, leading to further softening in the market.
Bahrain continues to be an attractive location for firms looking to setup a base in the GCC. Particularly as the region’s largest economy, Saudi Arabia, continues to open up. Bahrain will increasingly be considered as a hub location given its direct access to Saudi Arabia via the King Fahd causeway and growing number of direct flights from its new terminal in Q4 2019.
Bahrain’s commercial office market continues to be dominated by weak occupier demand coupled with oversupply, a legacy of the 2001 to 2007 construction boom. This supply-demand imbalance has endured since 2010 when the full effects of the global economic downturn hit Bahrain.