Passage 2
The most visible result of this buoyant market in both centres is a plethora of new multi-storey commercial and residential buildings. In Abu Dhabi, these projects are let through the Khalifah committee or the Department of Social Services to local consultants, but in Dubai there is more of an international spread.
Building work apart, consultants predict a fairly wide spread of projects. “We expect the market to remain buoyant for the next couple of years. There is a fair bit of work at Mina Zayed coming up, a fair bit of road-working on the island and the hinterland, and we expect some airport development to rear its head in the not too distant future,” says one long-established Abu Dhabi-based consultant.
39.Who are renting the multi-storey commercial buildings in Abu Dhabi and Dubai?
In Abu Dhabi, it is the local consultants that (who) are renting them while in Dubai, more international companies are renting them.
