myOffice Marina officially open for Business
myOffice Business Centre have officially opened their 2nd location at the prestigious Marina Plaza in The Dubai Marina. The 12,500 sq ft business center, Includes board rooms, break out areas and a business lounge plus state of the art laptop bar and internet café.
Following a 2 year stable growth and with 120% full business space occupancy myOffice has taken the strategic decision to expand their business operations to an additional new facility in the Dubai Marina to accommodate the growing serviced office demand in the UAE. As part of the expansion plan myOffice have another 5 centers planned for opening within the next 12 months in prime business GCC locations.
The high volume of inquiries and consistency in tenants extending their business space lease has left the leading Business Centre over booked on space, prompting them to expand ahead of targeted plans. The Dubai Marina business centre has opened it’s doors to tenants last week and already has a wait list and is set to match the demands of its current 15,000 sq ft facility in Downtown Dubai that underwent an expansion of 8,000 sq ft last year.
While specializing in helping Small Medium Enterprises start up their companies, the increase in inquiries over the past 2 years has largely been attributed to international corporates entering or returning to the local market.
Melissa O’Neill – Managing Director of myOffice said, “Since the announcement of the Expo2020 earlier this year we have been inundated with requests from international corporates and small medium enterprises who are looking to set up their business logistics quickly and efficiently so that they can get straight into work without going through the hassle of finding their own offices. The Expo2020 announcement has been great for our business operations as we are able to support business transitions with our company formation support system as well as give full organizational structure support and general ad hoc support. The UAE is one of the fastest growing business market in the world; located in the middle of the western world and far eastern business world puts us in a desirable position for business transit and a middle point for businesses to meet”.
myOffice Business Centre has proven to be a successful investment for its shareholders, return on investments successfully reached 25% in the first 2 years of operations. Renewal rate of 80% has been achieved through in house office leasing clients in addition to over 500 companies using myOffices business address and phone answering services. myOffice business relationships have been generated through business to business agreements and referral systems that has given myOffice the opportunity to form solid foundations and relationships with their growing clientele.
As part of the myOffice business support, a Partner Alliance event is hosted every 2 months at The Armani Hotel, Burj Khalifa where new businesses are introduced and encouraged to exchange business links, ideas and relationships to help new organisations connect with the business market. So far 8 out of 10 business exchange and transact on business through the myOffice introductory system. Event turn out ranges from 80- 100 guests. Next Partner Alliance Event is scheduled for May 2014.
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Dubai: +971 55 838 0566
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Level 14 Boulevard Plaza, Tower One
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