Thursday, February 07, 2008

Dubai office space expected to double in 2008

The office space in Dubai will double this year, with an area expansion of 4.7million square meters between 2007 and 2010, reports Gulf News.

More than 250 companies from the US, Far East and Europe participated at the 'Office Exhibition 2008' held at Dubai International Exhibition and Convention Center, which will conclude today. They exhibited their innovative designs at the seventh edition of the exhibition, which was the largest.

In UAE alone, the office furniture market is already estimated to be between the range of $190m and $272m. However, this figure is expected to increase along with expanding office space, expected to increase the current supply of 2.4 million square million to three times that of the figure by 2010.

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