With remote working options, who likes being on the road for over an hour, right? Imagine what one could do by saving more than an hour of commute time on a daily basis. That’s nearly 7-10 hours a week or more. A whole working day if we may say so. Not all jobs, can be completed on a computer or through work-from-home options. Sales, hospitality, retail and civil work are some of the sectors that cannot exist without the physical presence of workers. Also managing employees remotely is not always the best option in certain industries due to business needs on a timely basis. With these challenges, more and more youngsters are opting to live closer to their working places to work longer hours or save time in their daily commute.
Living closer to work place means being closer to the industrial area where renting could be expensive. Buying an apartment or a house may not make sense for single, newly employed professionals due to financial constraints. In spite of this, renting closer to work place is a more popular choice among new immigrants, students and workers belonging to 18-24 years age group. The 24-35 age group individuals are also relatively shy about home purchasing decisions but they are already thinking of investing their savings into something significant.
The bustling zones of Dubai: Business areas to look out
Dubai has fast grown into a city of diverse businesses. The old areas of Dubai, such as Bur Dubai or Deira, has many single-ownership small businesses in stores that sell electronics, clothes, kids toys and other specialty paraphernalia. Newer areas of Dubai, such as Dubai Marina, al-Barsha, and Jumeira have large department stores and malls. This is where the new immigrants with ready jobs move to. In order to guide prospective buyers looking at staying closer to their work place, we have identified the top neighborhoods in Dubai that will help people buy or rent a home near the four leading industrial hubs of the city. Each neighborhood is less than 10-20 minutes away from the industrial zones.
1. Dubai Internet city (DIC) is one of the most populous business hubs within Dubai. Companies such as Dell, HP, Intel and Microsoft have offices there. Members of the Dubai Internet City (DIC) community have collectively attracted AED7.8 billion ($2.1 billion) in funding since its launch. It is the largest technology business hub in the region. DIC's network of 1,600 business partners spans across various industries such as Internet of Things(IoT), Artificial Intelligence (AI), Big Data, Cyber Security, Cloud and Robotics.
2. Dubai Media city (DMC) was established and built in 2000 by the government of Dubai to boost UAE's media foothold. Since then, it has become a regional hub for media organizations including news agencies, publishing, online media, advertising, production, and broadcast facilities. The groundwork for infrastructure (such as fiber optic cables) was already in place for firms to set up easily and its visa and operational procedures are relaxed for firms operating within DMC. It has become a major hub for the media industry in the GCC and Middle East, with more than 1,300 companies being registered under the Free Zone, from where they serve the entire region. It also houses the International Cricket Council, the governing body for the game of cricket in the world, which was previously situated in London up to 2005.
In many ways, there are really no distinctions between Dubai Internet City (DIC) and Dubai Media City (DMC). DIC is supposedly a place for technology companies and DMC is a place for media companies, but in reality you can find either type of company in either of the two places. The two places are also located next to each other.
3. Dubai International Financial Centre (DIFC) is the home of world renowned companies in the banking and financial services industries. If you are a banker or if you desire to work in the financial services sector, you can do well by researching and reaching out to companies that are located at DIFC.
4. Dubai Healthcare City is a free zone committed to creating a health and wellness destination. DHCC is a hub for many hospitals, clinics, and healthcare service providers. It is also home to academic institution, The Mohammed Bin Rashid University of Medicine and Health Sciences.
All these localities are surrounded by Cinema Halls, Restaurants, Shopping places, tourist attractions and many other conveniences that are ideal to bring a family into. Residing closer to these areas is never dull moment. Explore the listed neighborhoods and more on MyVilla.com. Whether you decide to buy, rent or simply explore your options, there is plenty to look at for ideas on a new home.