Sultan Group Investments boosts Dubai's dedicated office space market

Launches Makateb – a multi-storey business center strategically located in the Port Saeed commercial hub

Dubai, UAE – 8 July 2013 – Following a strong performance of Dubai's property market as indicated in recent reports by well-established real estate industry experts, Sultan Real Estate – a Dubai-based commercial and residential management company chaired by H.E. Qassim Sultan Al Banna, conveyed its unwavering support and optimism on the emirate's continued economic resilience and strength.

The launch of Makateb – a state-of-the-art multi-storey business center strategically located in the commercial hub of Port Saeed – has bolstered the downtown commercial real estate and added over 132,000 square feet of commercial space to the Deira district. Commercial land in Deira is at a premium and hard to find with several developers vying for the right location.

Managed by Sultan Real Estate, Makateb is just two kilometers away from the bustling Dubai International Airport, and is in very close proximity to government, business and commercial regulatory institutions such as the Dubai Economic Department, Dubai Chamber and Dubai Municipality.

“Port Saeed symbolizes the trading and commercial heritage of Dubai,” said Jamal Qassim Sultan Al Banna, CEO, Sultan Real Estate. “This is the place where most, if not all, of the emirate's business and trading activity started and flourished, and Deira continues to be a key business district for Dubai.

“Undoubtedly, Makateb's location provides distinct advantages for businesses which may require regular or constant transaction with any of Dubai's business and commercial regulatory authorities,” he explained. “Thus, apart from saving precious travel time, Makateb's brand new and state-of-the-art facilities and office space present further efficiencies to a company's daily operations.

“Well positioned to attract various business sectors seeking to lease brand new office spaces, we look forward to welcoming and hosting such businesses into Makateb, and contributing to Dubai's economic aspirations,” he added.

Offering a panoramic view of some of Dubai's historic landmarks such as the Clock Tower and the Dubai Creek, Makateb's wide selection of multi-sized offices caters to all types of business sectors and customers with various office space requirements.

“The Makateb health club is designed to cater to the health and lifestyle needs of office goers,” said Mohammad Faizan, General Manager of Sultan Real Estate. “The work force spends 80% of their time at work and having a health club facility in the building makes it easy for them to stay fit. This is beneficial to employers when you have your employees with healthy minds and souls.”
 
Set to accommodate small, medium and large offices, Makateb comprises 148 centrally air-conditioned offices, with approximately 16,000 sq feet of retail space. Among the attractive facilities included at every office space are: central AC with two AC controls in each office; pantry and a toilet; flooring and false ceiling; and double glazed glasses for acoustic control.

In addition, some of the state-of-the-art amenities within the entire building include: hi-tech panoramic gymnasium; temperature controlled large swimming pool; water feature; large area for landscaping; green roofing; wide spacious corridors; double height entrance lobby; sky-lit lobby; high-speed elevators; parking for each office; communal toilets at every floor; and 24-hour security and maintenance personnel.