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Dubai's population explosion over the last decade has resulted in a vast numbers of investors from all over the world buying residential and commercial property in the Emirate. In 2001 the Dubai population was roughly 1 million and at the current population growth rates it is expected to exceed four million by 2010, the vast majority of which will be made up by expatriates. Since non-UAE nationals were awarded the ability to own property in 2002, there has been much publicity and interest in buying residential property. What many overlooked initially was that this government decree also allowed the ownership of commercial property which is in high demand. Whether you are looking to buy or rent your commercial property in Dubai, ID Property Dubai maintains a database of properties available. Our professional staff have access to up-to-the-minute information on available Dubai properties, and excellent local knowledge of the Dubai property market. This makes us ideally placed to help your search whether this is for your own business use or investment properties. In addition you can browse through details on some of the more recent developments, where opportunities are still be available to purchase a property off-plan. The focus was on residential property however recently the attention of investors is starting to shift toward commercial property in Dubai. When looking at the current situation with commercial property, Dubai has a real shortage which recent reports suggest is likely to continue for the next few years. With new businesses continue to set up, taking full advantage of the tax free status, multinationals locating considerable operations and existing businesses expanding rapidly the demand for office space and retail space has pushed up rental costs. New projects such as Business Bay and the Dubai International Financial Centre (DIFC) are bringing in increased supply to the commercial property in Dubai. Businesses are considering the option of buying their own commercial property. Dubai’s double digit rental returns on commercial property are keeping the commercial property team at ID Property Dubai busy with finding offices and retail space to buy and rent.