Worldwide real estate news web site
Dubai’s office market continues to see strong corporate demand for good quality and well located accommodations, resulting in declining vacancy rates in some key sub-markets according to Q1 2016 Dubai MarketView by global real estate consultancy firm CBRE. There has also been sustained demand for new free-zone licenses, with DMCC currently experiencing positive take-up rates, …
Continue reading “Dubai office market remains strong, says CBRE”
Real estate consultancy firm Clutttons has released the Dubai Commercial Outlook report.According to the Cluttons, Dubai’s office market is showing signs of cooling, following a strong growth period, with average rents remaining unchanged during the first three quarters of 2015 across all the city’s major submarkets and free zones. Overall, average prime,secondary and tertiary …
Continue reading “Dubai office market forecasts by Cluttons”
