RECE hosts panel discussion on the future of commercial business in Dubai

RECE hosts panel discussion on the future of commercial business in Dubai

Dubai, UAE:– D&B Properties sister division RECE (Real Estate Commercial Experts) hosted an engaging panel discussion, titled ‘The Future of Commercial Business in Dubai’ on October 20th at the D&B Properties head office.

- Dubai commercial transaction volumes remain an all-time high at AED 29 billion in H1 2022, recording an increase of 45% since H1 2021, according to Dubai Land Department.

- Investors are increasingly favoring offices and warehouses, with businesses focusing on expanding office spaces within the Main onshore and offshore areas in 2023.

The event provided an opportunity to discuss the prerequisites of establishing small and medium enterprises (SMEs) in Dubai’s free zones, the current state of the commercial real estate market, and the impact of the upcoming 9% corporate tax in Dubai. It is organized as part of D&B Properties’ ongoing initiative to promote and accelerate Dubai’s position as a leading global destination for real estate investment.

The panel comprised of industry thought leaders, including Ahmed Fdil, Director of Commercial Sales & Leasing at RECE; Nada Abdelghany, Business Relations Manager at Meydan Free Zone; Inna Klishchuk, General Manager at Unity Partners; and Komal Gover, Executive Director of Corporate & International Tax at MBG Corporate Services; moderated by Robin Teh, Director