Dubai, Office Market Bulletin, Autumn 2016
We are pleased to present our Dubai Office Market Bulletin for Autumn 2016, which outlines the performance of the office market in Dubai throughout the first half of 2016.
The report highlights how demand for office space across Dubai has generally softened in the past six months, as the effect of a sustained lower oil price deepens and an economic slowdown takes hold.
Whilst free-zone areas with internationally recognised Grade A space remain in high demand from occupiers, areas with stock of a mixed quality and age tend to be reflecting increased vacancy rates over the last 12 months.
Further analysis is presented in the report, along with a heat map of our 22 office sub-markets.