Office Trends – Quarter Three 2019
October 15, 2019Dubai The downfall of office rental rates continues throughout the quarter. An annual record showed that there is a 13% decline from last year while the quarterly report displayed a 3% decline. Compared to the previous quarter…
Residence Trends – Quarter Three 2019
October 15, 2019Rental Rates Dubai Apartment, villa and office rental rates continue their downward trajectory and recorded quarterly declines 3%, 2%, and 3%, respectively. Lessees who have been paying below-market rents (as they are protected…
Office Trends – Quarter Two 2019
August 7, 2019Office trends Dubai The downfall of office rental rates continues through the quarter. An annual record showed that there is a 16% decline from last year. The quarterly report displayed a 4% decline. The falling rates are expected …
Residence Trends – Quarter Two 2019
August 7, 2019Rental Rates Dubai Following last quarters patterns, the rental rates for apartment and villas have fallen by 4% and 2% in Q2 2019. On an annual comparison, the rates have declined by an estimated 10% from Q2 2018. The older…
Office Trends – Quarter One 2019
June 10, 2019Office trends Dubai The barren conditions for economic growth that the city is facing has led to slow business development and growth. Expansion of offices or opting bigger spaces have been low during this period. The consequences …
Residence Trends – Quarter One 2019
June 10, 2019Rental Rates Dubai As estimated the rental rates have continued to follow a downward pattern as both villas and apartments have faced a decline of 3% on average. Comparing figures, the average rental rates have declined by 11%…
