July 25, 2024

Office market shows resilience as demand outpaces supply

One notable new trend was the increase in pre-leasing in Dubai, where tenants secure office spaces before they become available. According to a report by Betterhomes, Dubai’s commercial property sector maintained stable transaction volumes in the second quarter of 2024. Recent data showed that office transactions in the emirate rose by 1 percent year-on-year to 764 deals, amounting to AED 1.36...

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