Dubai Office Rents One of World’s Highest

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Dubai has one of the world’s highest office rent prices. That was discovered by the latest “Office Space Around the World” report published by Cushman & Wakefield. According to it, office rents in Dubai are equal to those in Brussels and Copenhagen altogether.

Massive supply still suppress Dubai office market

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The total office space stock within areas of Dubai monitored by a real estate investment advisory firm JLL stood at approximately 7 million sq m at the end of Q1 2013.

Why many offices in Dubai remain empty

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Oversupply, developing infrastructure, high cost and excessive luxury are the main reasons for over a third of offices in Dubai to remain empty, according to mainstream media.

Dubai Real Estate Market Overview – Q2 2012

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The latest ‘Dubai Real Estate Market Overview – Q2 2012′ was released today by Jones Lang LaSalle. The report covers the Dubai office, residential, retail and hospitality market segments.

Dubai’s office market remains competitive

The office sector in Dubai remains highly competitive despite a high levels of supply. It reached nearly 60m sq ft, with an additional 10m anticipated by the end of the 2012, according to Cluttons’ Q1 real estate market report.

World’s most expensive office market

Newly-released figures from Knight Frank show that London is no longer the location with the highest prime office rents in the world. Hong Kong replaced the English capital at the top of the ranking as a result of rapid rental growth in the first half of 2011. While there was evidence that rents had peaked […]

Dubai Real Estate Market Overview, Q4 2011

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The year ended with mixed signals for Dubai’s real estate market. Although pockets of stability and even growth were to be found these are still the exception rather than the rule.

Property investors eye Europe for bargain deals

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Activity among property investors looking to take advantage of favorable conditions increased in Q4 of 2011, according to CBRE.