Dubai, 28 April 2012 (WAM) - With the increasing demand for small commercial spaces, "Diamond Developers" succeeded in delivering a new commercial project that caters for the requirements of this growing segment. Diamond Business Center is one of the first commercial projects that are delivered in the Arjan district - Dubailand, which reinforces the commitment of Diamond Developers towards completing its projects and offering the real estate sector in Dubai with purposeful and relevant supply.

Diamond Developers appointed "Harbor Real Estate", one of the leading integrated real estate brokerage and property management groups in Dubai, exclusively to manage the marketing, leasing and selling of the offices at the complex which consisting of 168 commercial offices, ranging in size between 675 and 1314 square feet, and 27 commercial shops distributed over 3 buildings.

"Diamond Business Center" is located directly on Emirates Road close to "Dubai Media City", and "Mall of the Emirates", and at the heart of New Dubai society opposite the buzzing "Arabian Ranches", "Motor City", "Dubai Autodrome", "Dubai Sports City", "Jumeirah Village", "DIP", "Green Community" and "Victory Heights" and just minutes from the "Mall of the Emirates", Sheikh Zayed Road, Jebel Ali Free Zone, and "Al Maktoum International airport" Engineer Faris Saeed, head of Diamond Developers, said: "We have emphasized in our vision while developing this unique business complex, on the importance of meeting the requirements of owners and tenants and provide them with the highest standards of quality within the complex." He added: "Diamond Business Center is characterized by offering a unique variety of small boutique offices and shops that have high demand and limited supply. Most of the office units currently available in the non-free zone Dubai office market are catering for the medium or large office market only." Fares stated "The Diamond Business Center hosts a variety of selected shops that will be occupied by service retail outlets aimed at serving the potential tenants and visitors of the complex. All of these shops and offices are available at very reasonable prices". Furthermore, "the complex tenants will also enjoy straightforward procedures for the issuing of their trade licenses which can be easily obtained from Dubai Municipality and the Department of Economic Development without any complications." He added, "Tenants will also benefit from the added value services of the common storerooms and bathrooms located on each floor in addition to the availability of ample covered parking bays to provide the highest levels of comfort for the tenants and their visitors." According to various studies and statistics issued in the last quarter of 2011, the demand for small offices and shops is expected to prevail during the next 3 years which reflects the new market dynamics and the pursue of companies and investors for identifying new and better commercial spaces that offer limited investment exposure, high quality, true value and exceptional relevant offers.

Commenting on the new exclusive appointment, said Mohanad Al Wadiya, Managing Director of Harbor Real Estate: "We are very proud win this significant contract after we had been selected from a list selective candidates, which included major companies of real estate services providers. This appointment cements Harbor's reputation as one of the most innovative and result oriented service provider." In addition to the ideal project location which is strategically situated on the vital Emirates Road highway, Al Wadiya pointed the importance of the site of Diamond business center for companies and retail stores, which are eager to provide services to the highly-populated residential communities neighboring to the projects.

"Harbor Real Estate" has formed a team of exclusive commercial consultants, who will begin their duties at the Harbor Office branch which is located in Building B- 203 at the Diamond business center to sell and lease the units in the complex. The new branch office was established to offer potential tenants and buyers the ability to view the available spaces in a smooth and prompt manner throughout the week.

Diamond Business Center consists of three contemporary designed buildings with an iconic facade structure overlooking the Emirates Road, facing "Arabian Ranches", "Motor City" and "Dubai Autodrome" and "Dubai Sports City", minutes away from the "Mall of the Emirates" Sheikh Zayed Road "Jebel Ali Free Zone" and "Al Maktoum International Airport".

Each building consists of five floors in addition to a ground floor that hosts 27 shops. The office space ranges between 675-1314 square feet. The project boasts 271 covered parking spaces and hundreds of additional free parking around the project.

WAM/MAB