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Insights - Cushman & Wakefield Core UAE

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MARKETBEAT- Office Q1 2025, Dubai, UAE (image)
Market Beats

MARKETBEAT- Office Q1 2025, Dubai, UAE

Dubai continues to experience a supply shortage, with only 0.89 million sq. ft. of new office stock expected in 2025. Major upcoming projects include the Innovation Hub (2025), DIFC Square (2026), and Aldar’s Office Tower (2027). However, strong pre-leasing activity is absorbing much of this future supply. The market is expected to remain undersupplied through 2026, maintaining upward pressure on rents and occupancy. A potential rebalancing may occur from 2027–2028 as more projects are delivered. In response, off-plan strata office sales have surged, with strong transactional activity driven by investor and end-user demand.
Prathyusha Gurrapu • 2025-05-26
MARKETBEAT- Office Q1 2025, Abu Dhabi, UAE (image)
Market Beats

MARKETBEAT- Office Q1 2025, Abu Dhabi, UAE

Prime and Grade A offices are in high demand. Prime rents range from AED 180–260/sqft/year, while Grade A offices lease for AED 150–180/sqft/year. Quality, location, and efficient layouts continue to support rental strength amid constrained supply.
Prathyusha Gurrapu • 2025-05-26

Thought Leadership

Beyond Global Chains: How Local F&B Brands Are Reshaping Dubai’s Retail Market

Dubai’s F&B landscape is shifting. Where international chains once dominated, local, home-grown concepts are increasingly leading consumer preference and redefining retail destinations.

Warren Krawchuk • 2025-04-15

Market Beats

Abu Dhabi Annual Market Update 2024/2025

Abu Dhabi real estate hits record highs as demand outpaces supply. Rising sales, record rents, and tight office space define Abu Dhabi’s real estate market.

2025-03-13

Thought Leadership

The Power of Clustering in Driving Success

In Dubai’s urban development landscape, the strategy of clustering - concentrating interconnected businesses within a specific geographic area - has emerged as a powerful catalyst for innovation, efficiency, and economic growth.

Robert ThomasCharlie SargentP.P. Varghese • 2025-03-13

Market Beats

Dubai Annual Market Update 2024/2025

Soaring demand and limited supply defined 2024, breaking records in both residential and office markets, with further increases expected in 2025. Increased supply pipeline and regulatory updates set to create more balance in specific areas by 2026/2027.

2025-01-30

Market Beats

MARKETBEAT- Office Q4 2024, Abu Dhabi, UAE

Abu Dhabi’s office market continues to experience robust growth, marked by a significant increase in occupancy levels. Demand is primarily driven by the banking, finance, and hydrocarbons sectors, maintaining prime and Grade A occupancy at 95%, supported by stable rental rates and strong competition for Grade A spaces.

2025-01-24

Market Beats

MARKETBEAT- Office Q4 2024, Dubai, UAE

Dubai’s office market is experiencing record growth, with demand outstripping supply as city-wide occupancy rates reach 92% and rents rise by 22% year-on-year. Upward pressure on rents and occupancy levels is expected to continue in the near-term.

2025-01-24

Market Beats

MARKETBEAT- Office Q3 2024, Abu Dhabi, UAE

Abu Dhabi’s prime and Grade A office stock continues to lead the market with record occupancy rates and stable rents, driven by strong demand from the banking, financial, and oil & gas sectors.

2024-11-13

Market Beats

MARKETBEAT- Office Q3 2024, Dubai, UAE

In Dubai, office rents face continued upward pressure due to high occupancy rates and strong demand. Despite recent office project launches, the market is expected to remain undersupplied in the near term.

2024-11-13

Market Beats

Dubai Market Update Q3 2024

Dubai's real estate market continues its upward momentum, marking the fifth year of residential price growth with a 20% y-o-y increase in city-wide sales prices and an 18% y-o-y rise in rents.

Prathyusha Gurrapu • 2024-11-12

Market Beats

Dubai Market Update Q2 2024

While Dubai's market continues to perform steadily across most indicators, signs of stabilization are emerging. The pace of growth is slowing, especially in the secondary residential market, which is gradually transitioning into a stabilization phase.

Prathyusha Gurrapu • 2024-10-02