Knight Frank’s Q1 2018 Abu Dhabi Commercial Market Review says prime office rents down 1.6% annually
Prime office market
abu dhabi real estate market
Abu Dhabi office market continues to see downsizing pressures in Q1
Cluttons report says that while rents across prime office buildings held steady during Q1, deals are concluded below headline asking rates
Dubai real estate market
Dubai office supply forecast to top 9m sq m by end-2018
New report says consolidations are continuing across Dubai with commercial tenants trying to reduce rental costs
Dubai International Financial Centre
Dubai premium office rents flatline during 2017
JLL says Dubai International Financial Centre costs stable at $94 per sq ft per year
Dubai office
Prime Dubai offices cost less than a third of Hong Kong
New JLL research reveals Dubai office costs of $94 per sq ft per year compared to world’s most expensive of $323
Abu Dhabi
Aldar buys Abu Dhabi’s International Tower for $179m
Developer says deal for office tower will make immediate impact on net operating income
Abu Dhabi
Abu Dhabi’s prime office rents fall as market ‘stagnates’
New Cluttons report says rents in the UAE capital are set to drop by up to 10% over the past year
Core Savills
Dubai office market stock ‘adjusting to demand’ – Core Savills
New report says over 2.33 million sq ft of office space delivered in emirate so far in 2017
Amazon
Bahrain’s Ibdar buys Boston office of Amazon subsidiary
Islamic investment bank inks $48m deal to buy office building which is HQ of Amazon Robotics
CBRE Middle East
Dubai prime office markets remain stable in Q3
CBRE says scarcity of high quality office space in the market is maintaining lease rates