Knight Frank is now leasing the Abu Dhabi Marina retail development in Al Bateen, Abu Dhabi. The development comprises a 200 key hotel, which is being operated by a new hotelier to the Middle East, and has an additional 57 executive serviced apartments. The development also consists of over 200 residential apartments for lease.
The retail units are well specified with high ceilings and MEP to meet occupier requirements and are handed over in shell and core condition.
Al Bateen is a new and upcoming residential and lifestyle destination with marina and Arabian Gulf views and only a short drive from the heart of the capital. The retail units provide unique marina views with outdoor seating and are connected to a new lifestyle hotel operator in Abu Dhabi.
Abu Dhabi Marina comprises:
For further information or to arrange an inspection, please contact: firstname.lastname@example.org or call on +971 2 6353 297
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.